WaFd, Inc.

Seattle-based regional bank holding company for Washington Federal Bank

What WaFd does

WaFd owns Washington Federal Bank, a U.S. bank that takes deposits and makes loans to individuals, businesses and real estate developers. It offers checking, savings, money market accounts and CDs, along with home mortgages, construction loans and commercial loans. It also sells insurance and provides financial guidance and investment services.

How WaFd makes money

It earns most of its income from net interest: the gap between the interest it collects on residential, commercial real estate and business loans and the interest it pays on deposits. Fees from cards, insurance brokerage, trust and investment services add further income.

Products & services

• Business and personal checking accounts
• Certificates of deposit and money market accounts
• Single-family residential mortgages
• Construction and land development loans
• Commercial real estate and multi-family loans
• Commercial and industrial business loans