Seattle-based bank Washington Federal will celebrate 100 years on April 24. In honor of the bank birthday, executives will ring the Nasdaq bell in Times Square. The company has traded there, with the ticker symbol WAFD, since 1982.
The bank was founded in 1917 in the Ballard neighborhood. It now has 236 branches including many on the Eastside — everywhere from Bellevue to Edmonds. In another Eastside connection, the bank recently named Sammamish’s Brent Beardall CEO.
“We love what we do and it shows, that’s why people have chosen to bank with us for the past 100 years,” Beardall said, in a news release. “We’ve always taken a long-term approach to serve the needs of our clients and we will continue to build on that foundation for the next 100 years.”
In addition to the Nasdaq ceremony, branches will have cake and refreshments to celebrate the anniversary. There will also be giveaways and special events.
The bank may be celebrating the past, but it’s also looking to the future. The company is planning the integration of CenterCard. Developed by Eastside company Concur’s Steve Singh, the credit card technology allows business-owning clients to manage finances in real time. It connects budget strategy to spending. For non-business customers with personal finances, the card allows parents to restrict children’s spending limits.
The bank is one of two in the country to launch CenterCard.