September 2018: Coral Gables, Florida, BauerFinancial, Inc., the Nations Premier Bank Rating Firm, proudly affirms that Wheatland Bank, Spokane, Washington has once again earned its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 46 consecutive quarters, puts Wheatland Bank in an even higher bracket as an “Exceptional Performance Bank”. This title is achieved after successfully earning the top 5-Star rating for 40 consecutive quarters (ten years or longer).
This achievement requires tremendous resilience and fortitude,” observes Karen Dorway, president of BauerFinancial. “We saw a lot of banks that were lacking those qualities that are, unfortunately, no longer around. But community banks, like Wheatland Bank, have some definite advantages. Its smaller size allows its team to know each customer more intimately, which not only makes every customer a priority, it also improves loan underwriting.”
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.