June 2019, Coral Gables, Florida: Wheatland Bank, Spokane, Washington has achieved another Superior 5-Star Rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. In the 30-plus years that Bauer has been analyzing banks, there has been a rise of increasingly complicated investments as well as burgeoning regulation. Each has added another hurdle when it comes to earning a 5-Star Rating from Bauer, yet none have been a problem for Wheatland Bank. Not only has the bank maintained safe capital levels, well in excess of what regulators require, Wheatland Bank has been helping its neighbors and local businesses grow their community with prudent lending and innovative solutions – all without compromising its own financial health in the process.
“This is the beauty of community banking,” notes Karen Dorway, president of BauerFinancial. “The success of a community bank directly correlates to the success of the community it serves. Community banks don’t need exotic investment instruments to make money for their shareholders. They much prefer to invest in local businesses and reap the benefits along with their neighbors. This approach has served Wheatland Bank very well. Earning and maintaining Bauer’s top 5-Star rating for 49 consecutive quarters consistently for ten years or longer gives Wheatland Bank an even higher status as an ‘Exceptional Performance Bank’.
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 40 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 (wheatland.bank).
Wheatland Bank: “Relationships you can count on.”
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.