Bank · FDIC insured
WaFd Bank
A $27.6B bank, the 79th largest of 4,207, headquartered in Seattle, WA, with 210 branches in 9 states. Best rates: CDs 4.10% and savings 3.82% APY.
WaFd Bank Carrot Score
83
Carrot Score
Higher than 61% of U.S. banks and credit unions
#18 of 62 in Seattle, WA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About WaFd Bank
Founded in 1917 as Ballard Savings and Loan Association in a community north of Seattle, Washington, WaFd Bank is headquartered in Seattle, Washington.
The bank is owned by its parent company, WaFd, Inc.
WaFd Bank operates more than 200 branches across nine western states: Arizona, California, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, and Washington.
The bank provides personal, business, and commercial banking services, and is an SBA Preferred lender.
- Headquarters
- 425 Pike St, Seattle, WA 98101
- FDIC certificate
- 28088 ↗
Branches
210 branches in 9 states
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Washington
75 branchesOregon
36 branchesArizona
28 branchesIdaho
21 branchesNew Mexico
18 branchesCalifornia
10 branches
Los Angeles area · 6
- Beverly Hills Branch175 S Beverly Dr, Beverly Hills, CA 90212Directions
- Toluca Lake Branch4100 W Alameda Ave, Burbank, CA 91505Directions
- El Segundo Branch2041 Rosecrans Ave Ste 130, El Segundo, CA 90245Directions
- Encino Branch16600 Ventura Blvd, Encino, CA 91436Directions
- Long Beach Branch5348 E 2nd St, Long Beach, CA 90803Directions
- Pasadena Branch170 S Lake Ave, Pasadena, CA 91101Directions
San Jose area · 2
- Los Altos Branch4546 El Camino Real, Los Altos, CA 94022Directions
- San Jose Branch1420 El Paseo De Saratoga, San Jose, CA 95130Directions
San Francisco area · 1
- San Rafael Branch1016 Irwin St, San Rafael, CA 94901Directions
Santa Rosa area · 1
- Santa Rosa Branch500 3rd St, Santa Rosa, CA 95401Directions
Utah
9 branchesNevada
8 branchesTexas
5 branchesWalk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.21% | 9.97% | 10.85% or more |
| Troubled loansNoncurrent | 0.63% | 0.70% | 0.47% or less |
| ProfitabilityReturn on assets | 0.99% | 1.23% | 1.55% or more |
| LendingLoans per $100 deposited | $96 | $85 | — |
- CapitalLeverage ratio9.21%Peers’ middle 9.97% · Top 25% 10.85%+
- Troubled loansNoncurrent0.63%Peers’ middle 0.70% · Top 25% ≤0.47%
- ProfitabilityReturn on assets0.99%Peers’ middle 1.23% · Top 25% 1.55%+
- LendingLoans per $100 deposited$96Peers’ middle $85
Compared with the 164 banks with $10 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of WaFd Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.