What's New
July 22, 2010
Standard Deposit Insurance Coverage Amount of $250,000 Made Permanent
The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.
Click here for further information
May 20, 2009
Extension of Temporary Increase in Standard Maximum Deposit Insurance Amount
On May 20, 2009, President Barack Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit became effective immediately upon the President's signature. The legislation provides that the SMDIA will return to $100,000 on January 1, 2014.
Click here for further information
March 25, 2009
Washington Federal was rated a 5-star Bank for the 69th consecutive quarter by Bauer Financial!
December 4, 2008
Washington Federal Bank for Savings is participating in the
FDIC's Transaction Account Guarantee Program.
Under that program, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.
Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
Click here for the Press Release from the FDIC
October 16, 2008
A Message from Our Chairman of the Board
“We are well prepared to ride out the economic storm. Our Bank is financially secure and we have never engaged in risking lending practices. For 95 years we have been conservative and consistent in our business practices and we will continue to in the years to come.”
-John F. Gembara
Chairman of the Board
President & CEO
October 11, 2007
Washington Federal now offers credit cards! In order to provide our customers with another financial tool, we have teamed up with TIB to offer consumer and business credit cards.
Click here to download an application
September 2006
Have you heard the exciting news? Your IRAs are now federally insured to $250,000! The Federal Deposit Insurance Reform Act of 2005 has increased the maximum level of deposit insurance coverage for certain retirement accounts. Your deposits in one or more Traditional or Roth IRAs at our institution are combined and insured to a maximum of $250,000. Contact us TODAY about getting your retirement funds transferred or rolled over to Washington Federal!
Click here for more information
