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 branchesUtah
9 branchesNevada
8 branches
Las Vegas area · 4
- Henderson Branch10624 S Eastern Ave, Henderson, NV 89052Directions
- Summerlin Branch1995 Village Center Cir, Las Vegas, NV 89134Directions
- Mesquite Branch81 W Mesquite Blvd, Mesquite, NV 89027Directions
- Aliante3170 W Ann Rd, North Las Vegas, NV 89031Directions
Elko area · 1
- Elko Branch2501 Mountain City Hwy, Elko, NV 89801Directions
Ely area · 1
- Ely Branch725 Great Basin Blvd, Ely, NV 89301Directions
Fallon area · 1
- Fallon Branch940 W Williams Ave, Fallon, NV 89406Directions
Reno area · 1
- Fernley Branch1480 Us Highway 95a N, Fernley, NV 89408Directions
Texas
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.