Wheatland Bank: Maintaining Top 5-Star Rating For 45 Consecutive Quarters
June 1, 2018
June 2018: BauerFinancial, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Wheatland Bank, Spokane, Washington has once again secured its highest, 5-Star rating. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) Earning and maintaining this top 5-Star rating for 45 consecutive quarters, Wheatland Bank has also procured an “Exceptional Performance Bank” status. This assignment is reserved for banks that have maintained Bauer’s highest rating consistently for 10 years or longer.
Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area.” – Federal Register, April 9, 2018. “It makes perfect sense; local people who know the area are making local decisions based on that knowledge”, agrees Karen L. Dorway, president of BauerFinancial. “Community banks, like Wheatland Bank, are banking on a better future together with their community.”
Financial strength has been the priority for Wheatland Bank since its inception in 1979. Initially founded to serve the needs of Lincoln County’s agricultural and business communities, it has since expanded to 14 conveniently located branch offices. Wheatland Bank has been a source of pride for its local community for 39 years. Its original commitment is kept alive with powerful local ownership and decision making even as the bank has expanded. Wheatland Bank is a value-oriented financial services provider dedicated to serving the needs of its customers, communities and employees while enhancing shareholder value (wheatlandbank.com).
Wheatland Bank: “A Local Community Bank Committed to Remaining Independent.”
Member of the FDIC and an Equal Housing Lender.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.