Average User Rating:
5 star rating based on 1 review.

Banner Bank

10 South First Street
Walla Walla, WA 99362
800-272-9933
www.bannerbank.com

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Banner Bank is headquartered in Walla Walla and is the 5^th largest bank in the state of Washington. It is also the 203^rd largest bank in the nation. It was established in 1890 and as of March of 2012, it had grown to 1,027 employees at 87 locations. Banner Bank has a 4-star health rating.

2.50% 21-Month CD at Banner Bank in WA, OR & ID - Local Only - 8/27/2009

Banner Bank is offering a 21-month CD special with a rate of 2.50% APY. Minimum deposit is $2,500. The rate is listed on the bank's promotions page as of 8/27/09.There's an online application, however, the accounts only show up for selection if you enter...

2.75% 15-Month CD at Banner Bank in WA, OR & ID - 4/23/2009

Banner Bank is offering a 15-month CD special with a rate of 2.75% APY. Minimum deposit is $2,500, and the maximum is $250,000. The CD has a bump feature that allows a one time bump up in the rate during the life of the CD. The new rate would be based on...

4.00% 33-Month CD at a WA/OR/ID Bank (Banner). - 4/4/2008

Update 4/26/08: This CD special is no longer listed at the bank's website.Banner Bank is offering a Spring CD Special with a 4.00% APY and a 33-month term. The minimum deposit is $2,500, and the maximum is $250,000.The bank services the Northwest states...

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See Rates for: Checking | Savings | Money Market | CD

Banner Bank Checking Account Rates

Apy	Min	Max	Product
0.15%^†	$100k	-	Banner's Best Checking
0.00%^†	$100	-	Connected Checking
0.00%^†	$100	-	E-Checking

Banner Bank Savings Account Rates

Apy	Min	Max	Product
0.35%^†	$250k	-	Banner's Best Savings
0.15%^†	$100	-	Savings
0.15%^†	$25	-	Connected Savings

Banner Bank Money Market Rates

	Apy	Min	Max	Product
	0.30%^†	$100k	-	Money Market

Banner Bank CD Rates

Apy	Min	Max	Product
0.45%^†	$2,500	-	12 - 17 Month CD
0.25%^†	$2,500	-	6 - 11 Month CD

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Banner Bank
FDIC Certificate #	28489
BankRate Report	View
Year Established	1890
Employees	1027
Primary Regulator	FDIC
Assets and Liabilities
Assets	$3.96 billion
Loans	$2.97 billion
Deposits	$3.31 billion
Equity Capital	$512.19 million
Loan Loss Allowance	$78.72 million
Unbacked Noncurrent Loans	$58.28 million
Real Estate Owned	$26.01 million
Historic Data - March 2011
Assets	$4.08 billion
Equity Capital	$484.63 million
Loan Loss Allowance	$94.92 million
Unbacked Noncurrent Loans	$122.20 million
Real Estate Owned	$91.82 million
Profit Margin - Quarterly
Net Interest Margin	4.33%
Return on Assets	0.93%
Return on Equity	7.32%
Interest Income	$44.49 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Banner Bank had $84.3 million in non-current loans and owned real-estate with $590.91 million in equity and loan loss allowances on hand to cover it. This gives Banner Bank a Texas Ratio of 14.27% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Banner Bank decreased significantly from 36.94% as of March 31, 2011 to 14.27% as of March 31, 2012, resulting in a positive change of 61.38%.This indicates that the balance sheet and financial strength for Banner Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Banner Bank has decreased its total deposits by -$87.82 million, resulting in -2.58% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Banner Bank has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Banner Bank has $3.96 billion in assets with $590.91 million in equity, resulting in a capitalization level of 14.93%, which is excellent.

Awesome Community Bank!
5 stars

- Jimbo72 - Thursday, November 10, 2011 - 11:30 AM

I have banked with Banner Bank in Spokane, WA for 5 years. My wife, kids and I bank with the Downtown branch on 3rd and could not say enough for thier excellent customer service!! There was a little rough patch in the service there before the new Manager took over, but she has since hired a great crew that that takes care of my banking needs, are always friendly and are downright good people. I would recommend Banner Bank to any of my friends or family, also, I have to mention that if I go to any other Banner Bank branch, I am always treated wonderfully.

Thanks for the great service!

Banner Bank

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