Recognized for Exceptional Performance Indisputably One of the Nation’s Strongest Banks
March 2, 2020
March 2020: Coral Gables, Florida, BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, commends Wheatland Bank, Spokane, Washington on its achievement of another 5-Star Superior Rating. Not only has Wheatland Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 52 consecutive quarters, sailing through one of the most trying economic times of our lifetimes and giving it an added designation of “Exceptional Performance Bank”. This status is reserved for banks that have earned Bauer’s highest rating consistently for at least 10 consecutive years. It also indicates that Wheatland Bank is indisputably one of the strongest banks in the nation.
“As the president of BauerFinancial, I am often asked what it takes to be a 5-Star bank,” reflects Karen Dorway, president of the research firm. “Like so many other things in life, success in banking boils down to knowledge. Knowledge of banking, of course, but knowledge of its customers and the communities the bank serves are equally important. This intimacy enables the bank to steer clear of danger and work with customers for a common goal. It’s what gets so many community banks, like Wheatland Bank, through the tough times unscathed.”
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 41 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 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.