2019 Best Bank: Yakima Federal Savings and Loan
Yakima Federal Savings and Loan Association formed in 1905 to encourage home ownership and thrift.
Now in its 114th year, it has nearly $1.9 billion in assets and retains its original mission while offering a fuller line of savings accounts.
It originated 420 mortgage loans and 46 installment loans in 2018, for a total placement of $116 million. The mortgage program provided $62 million in loans for new home construction, $25 million for home purchases and $26 million to borrowers seeking to refinance mortgages.
Yakima Federal is one of the only portfolio lenders in the Mid-Columbia, which means it services the loans it originates rather than selling them to third parties.
The bank currently operates branches in Yakima as well as Kennewick, Richland, Pasco, Prosser, Ellensburg and Sunnyside.
Yakima Federal is led by president and CEO Leanne Antonio. It is chartered by the state and supervised by the FDIC.
1. Yakima Federal Savings and Loan
Multiple Mid-Columbia locations
www.yakimafed.com
2. Banner Bank
Multiple Mid-Columbia locations
www.bannerbank.com
2. Community First Bank
Multiple Mid-Columbia locations
This story was originally published May 31, 2019 at 12:01 AM.