Washington Federal Washington Federal Bank , National Association , d/b/a WaFd Bank , is a bank based in Seattle, Washington . It is the primary subsidiary of Washington Federal, Inc., a bank holding company . It operates 235 branches .History The bank was founded on April 24 , 1917, as Ballard Savings and Loan .demutualized in 1982.company structure was adopted in 1995.Mergers and acquisitions Seattle Federal Savings and Loan, 1971 First Federal Savings and Loan Association , Mount Vernon, Washington , 1978 United First Federal, Boise, Idaho , 1987 Provident Federal Savings and Loan, Boise, 1987 Northwest Federal Savings and Loan, Boise, 1988 Freedom Federal Savings and Loan, Corvallis, Oregon , 1988 Family Federal Savings and Loan Association, Dallas, Oregon , 1990 First Federal Savings and Loan Association, Idaho Falls, Idaho , 1991 Metropolitan Savings Association , Portland and Eugene, Oregon , 1991 First Federal Savings Bank , Salt Lake City , 1993 West Coast Mutual Savings Bank , Centralia, Washington , 1996 Metropolitan Bancorp, Seattle, November 29 , 1996 United Savings and Loan Bank for $65 million in 2003. Founded on July 6 , 1960, it was the first savings and loan owned by Asian Americans . First Mutual Bank , Bellevue, Washington , 2008 Horizon Bank, seized by the Federal Deposit Insurance Corporation after bank failure , Bellingham, Washington , 2010 South Valley Bancorp Inc., Klamath Falls, Oregon , 2012 51 branches from Bank of America in Washington, Oregon, Idaho, and New Mexico , 2013 23 branches from Bank of America in Arizona and Nevada, 2014
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