Community Impact at WaFd Bank
Here to build and support thriving communities, one relationship at a time.
$66,200,001 in LIHTC and equity investments
$66,200,001 in LIHTC and equity investments
13,000 affordable housing units built as a result of WaFd Bank's support
13,000 affordable housing units built as a result of WaFd Bank's support
1,569 organizations supported in local communities
1,569 organizations supported in local communities
Staff volunteered with 1,989 organizations, for a total of 35,154 hours
Staff volunteered with 1,989 organizations, for a total of 35,154 hours
Let's build something lasting together. At WaFd Bank, we bring more than 100 years of community building to our partnerships. We're honored to be named Best Bank by Forbes.
Affordable Housing
We offer on balance sheet construction and permanent financing for multi-family, among other types of affordable housing. WaFd is also a Low Income Housing Tax Credit Investor (LIHTC) and lender.
Economic Development
We finance projects supporting business growth, economic development, and job creation in communities.
CDFI & Nonprofit Support
Community Development Financial Institutions are an integral part of the work we do, offering specialty solutions to meet the needs in the communities we serve across our nine-state footprint.
Our team actively manages community development opportunities across our nine state footprint to ensure we are invested in local communities. We focus on community development by providing a variety of loans aimed at increasing affordable housing and small business growth. To help support business and real estate needs, we partner with local Community Development Financial Institutions (CDFIs). To ensure this work is done right, WaFd Bank also collaborates with multiple for-profit, nonprofit, and government entities, contributing to thriving communities across all states where our bankers live and work. We look forward to hearing from you and learning about your ideas and needs.
- Community Development Needs: Nancy Morikawa nancy.morikawa@wafd.com
- Permanent Multifamily Lending: Tim Marymee tim.marymee@wafd.com
- LIHTC Construction and Permanent Lending: Craig Chenoweth craig.chenoweth@wafd.com
Investing in our communities helps all of us succeed, not just those we're able to help directly. Our primary focus is to make an impact through programs and initiatives that make a positive and lasting effect in the nine states where we live and work. Working alongside hundreds of organizations, including those listed below, we extend our reach to inspire change, make a lasting difference for people everywhere, and help as many people as possible.
- The United Way
- Plymouth Housing
- Northwest Center
$2,833,932 donated to 725 organizations through the WaFd Bank Foundation
$2,833,932 donated to 725 organizations through the WaFd Bank Foundation
Financial literacy is taught across our footprint to people of all ages through programs offered in partnership with Save at School, Banzai!, and Greenlight
Financial literacy is taught across our footprint to people of all ages through programs offered in partnership with Save at School, Banzai!, and Greenlight
Staff volunteered a total of 34,939 hours to local organizations important to them and their communities
Staff volunteered a total of 34,939 hours to local organizations important to them and their communities
Our Fresh Start checking account is BankOn Certified, offering un-banked individuals a way back into the banking system
Our Fresh Start checking account is BankOn Certified, offering un-banked individuals a way back into the banking system
WaFd Bank is pleased to provide information for public inspection under the Community Reinvestment Act (CRA). Interested parties can review the data provided and produce hard copies of documents as needed.
A copy of the Public Evaluation of the bank's most recent CRA Performance Evaluation (PDF)
- A list of branch locations (PDF) including hours of operation
- Branches opened or closed (PDF) during the current year and each of the prior two calendar years
- Services available (PDF) at the bank's branches including automated teller machines (ATMs). Questions regarding transaction fees or cost of services should be directed to your nearest WaFd Bank location
- AA map and tract listing (PDF) for each assessment area designated by the bank
- The bank's CRA Disclosure Statement (PDF) for 2022
- The bank's CRA Disclosure Statement (PDF) for 2023
- The bank's HMDA Disclosure Statement (PDF)
- All public comments (PDF) received for the current year and prior two calendar years
Information is current as of April 1 each year. Any comments or questions about this portion of the WaFd Bank website or about WaFd Bank's CRA performance may be emailed to CRA@wafd.com, or addressed to:
Community Reinvestment Act Program Management
425 Pike Street,
Seattle, WA 98101
Disclosure: All data reflects three years of efforts.
