United States · Financial institution
Wafd Bank
WaFd Bank is a Washington state-chartered commercial bank with its head office in Seattle. It is a wholly owned subsidiary of WaFd, Inc., a bank holding company listed on Nasdaq. It provides deposit, commercial lending and cash-management services to consumers and businesses through branches in nine western US states. Founded in 1917 as Ballard Savings and Loan Association, it converted to a state charter on 4 February 2022 and acquired Luther Burbank Savings in 2024.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- WAFDUS66XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under WAFDUS66 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2015-10-31
- Last updated
- 2026-09-12
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% WaFd, Inc.
Institution type
Commercial bank
- Standing
- Renamed from Washington Federal Bank to WaFd Bank on 25 September 2025. On 7 September 2026 its parent agreed a merger with EverBank Financial Corp. Under that agreement the bank is to merge into EverBank, N.A., with completion expected in early 2027 subject to approvals.
- Ownership
- WaFd, Inc., a Nasdaq-listed bank holding company based in Seattle, holds 100% of the bank.
- Direct parent
- WaFd, Inc., United States 100%
- Head office
- 425 Pike Street, 98101 Seattle, United States
- Company register
- FDIC cert 28088
- Former names
- Washington Federal Bank · Washington Federal Bank, National Association · Washington Federal, National Association · Washington Federal Savings and Loan Association
Business lines
The bank focuses on commercial lending, including commercial real estate, commercial and industrial and SBA loans. It exited single-family mortgage origination in January 2025.
Online
- Websites & references
- wafdbank.com ↗
commercial.washingtonfederal.com ↗ commercial online banking (Treasury Prime) sign-in, linked from wafdbank.com - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 16 pages consulted
- wafdbank.com/
- wafdbank.com/about-us/investor-relations/leadership-board
- wafdbank.com/about-us/investor-relations/company-history
- wafdbank.com/about-us/everbank-wafd-bank-merger
- sec.gov/Archives/edgar/data/936528/000093652826000055/exhibit991_june2026earning.htm
- sec.gov/Archives/edgar/data/936528/000093652822000044/feb42022wastatecharterpr.htm
- dfi.wa.gov/news/press/washington-dfi-welcomes-washington-federal-banks-conversion-washington-bank-ch
- prnewswire.com/news-releases/wafd-inc-enters-into-a-3-9-billion-reverse-merger-transaction-with-everbank
- everbank.com/about/stronger-together
- consumerfinance.gov/enforcement/actions/washington-federal-na/
- consumerfinance.gov/enforcement/actions/washington-federal/
- investing.com/news/sec-filings/wafd-inc-changes-subsidiary-name-to-wafd-bank-effective-last-week-93CH-4
- wafdbank.com/documents/financial-news/2025/wafd-bank-investor-presentation-20251112.pdf
- tradingview.com/news/tradingview:e55b457347f93:0-wafd-inc-sec-10-k-report/
- wafdbank.com/customer-service/faq
- bankingdive.com/news/everbank-wafd-merger-4-billion-california/829754/
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Brent Beardall
President, Chief Executive Officer, and Vice Chairman
- Chair
-
Stephen M. Graham
Chairman of the Board
- Chief financial officer
-
Kelli Holz
Executive Vice President and Chief Financial Officer
- Executive
-
Kim Robison
Executive Vice President and Chief Operating Officer
- Executive
-
Ryan Mauer
Executive Vice President and Chief Credit Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Washington State Department of Financial Institutions Prudential supervisor
- United States
- Federal Deposit Insurance Corporation Prudential supervisorAML supervisorResolution
- United States
- Consumer Financial Protection Bureau Conduct
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
WaFd, Inc. and EverBank Financial Corp agreed a merger under which the bank is to merge into EverBank, N.A.
prnewswire.com ↗ -
Leadership
WaFd appointed Erin Hill, Executive Director of the Financial Accounting Foundation, to its board of directors.
wafdbank.com ↗ -
Other
The bank changed its legal name from Washington Federal Bank to WaFd Bank by filing with the Washington Secretary of State.
investing.com ↗ -
Enforcement
The CFPB terminated its 2013 and 2020 consent orders concerning the bank's Home Mortgage Disclosure Act reporting.
consumerfinance.gov ↗ -
Other
The bank announced its exit from single-family mortgage lending to concentrate on commercial lending.
tradingview.com ↗ -
Merger / acquisition
The bank completed its acquisition of Luther Burbank Savings of California after WaFd, Inc. acquired Luther Burbank Corporation.
wafdbank.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- WAFDUS66XXX
- How the BIC breaks down
- WAFDBank
- USCountry · United States
- 66Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- D38AC76TAMYI50NBPX33
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United States · North America
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 425 PIKE STREET FLOOR 2 SEATTLE,WA 98101 UNITED STATES OF AMERICA
- Operational address
- 425 PIKE STREET FLOOR 2 SEATTLE,WA SEATTLE,WA 98101 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>WAFDUS66XXX</BICFI>
<LEI>D38AC76TAMYI50NBPX33</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>WAFDUS66XXX</BICFI>
<LEI>D38AC76TAMYI50NBPX33</LEI>
<Nm>WAFD BANK</Nm>
<PstlAdr>
<TwnNm>SEATTLE</TwnNm>
<Ctry>US</Ctry>
<AdrLine>425 PIKE STREET FLOOR 2 SEATTLE, WA 98101</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: wafdbank.com (official website) · original; Brent Beardall: wafdbank.com (official website) · original; Stephen M. Graham: wafdbank.com (official website) · original; Kelli Holz: wafdbank.com (official website) · original; Kim Robison: wafdbank.com (official website) · original; Ryan Mauer: wafdbank.com (official website) · original.
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