5-Star Wheatland Bank Proves it Has What it Takes
December 1, 2022
Spokane, WA - December 2022: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, has once again awarded Wheatland Bank, Spokane, Washington its top (5-Star) rating. “It’s important to impress, this award is not granted; it is earned”, emphasizes Karen Dorway, president of BauerFinancial. “And, having earned 5-Stars for 40 (or more) consecutive quarters, Wheatland Bank has earned an even higher designation as an ‘Exceptional Performance Bank’”.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and we are pleased to report that Wheatland Bank continues to excel in areas of capital adequacy, profitability, loan quality and more. This marks the 63rd consecutive quarter it has done so - since September 2007! Now that’s worth celebrating. Wheatland Bank has certainly proven it has what it takes to carry it through 2023, whatever it may bring.
“With the Federal Reserve raising interest rates at breakneck speed, it may be tough for some banks to keep pace”, cautions Dorway. “But, with high capital cushions and an established track record, Wheatland Bank is well-positioned to continue to thrive and be a source of strength for its community.”
Wheatland Bank was established in 1979 and has been a rock-solid banking partner for the community ever since. That’s 44 years of relationship-building and community-strengthening. Neighbors and friends should be proud to call Wheatland Bank their bank.