5-Star Wheatland Bank Strength in Numbers
September 1, 2022
Spokane, Washington - September 2022: Wheatland Bank, Spokane, Washington has once again earned a top (5-Star) rating from BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm. Bauer rates every federally-insured U.S. bank with the same strict standards. It’s all about the numbers, and in the case of Wheatland Bank, the numbers show strength. To earn Bauer’s Top Rating (5-Stars) Wheatland Bank must excel in areas of capital adequacy, profitability, loan quality and more. And it does. In fact, Wheatland Bank had earned Bauer’s top rating continuously since September 2007, (62 consecutive quarters), earning it the added distinction of “Exceptional Performance Bank”, a designation reserved solely for those banks that have earned this top rating for 40 (or more) consecutive quarters.
“Wheatland Bank has capital levels well in excess of what regulators consider to be ‘adequate’. That capital buffer is what will help Wheatland Bank weather any downturn that may head our way, just as it has in the past. Capital is King in the banking business,” notes Karen Dorway, president of BauerFinancial. “It’s what enables a bank to continue business as usual even as those around it struggle. What you want is a bank with high capital levels, strong loan underwriting and solid profits, and that’s what you have with Wheatland Bank. Neighbors and friends should feel secure in that.”
Established in 1979, Wheatland Bank has been a mainstay in this community for 43 years. Community banking is a business based on building relationships. To that end, current and future customers should feel free to contact Wheatland Bank in person, by phone or via its website: wheatland.bank.