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Banner Bank, founded in 1890, offers loans, credit, and banking solutions to the northwestern United States. They have 31 locations in California, 15 in Idaho, 51 in Oregon and 97 in Washington State. As of July of 2019, they have over $11 billion in assets.
Customers of Banner Bank can enjoy a wide variety of financial products. Their checking accounts range from Connected Checking®, which has no service charge, to Banner’s Best Checking, which has a service charge but earns tiered interest and $0.05 in rewards on every debit card purchase transaction. Banner also has Money Market accounts, Savings accounts, CDs, and IRAs. Looking for a loan? Banner offers credit cards, home loans, personal loans, vehicle loans, student loans, and more!
Banner Bank understands the importance of community; not only do they provide great financial products to their community, but they also give back to charity! Banner Bank donated almost $2.5 million to organizations in local communities in 2017. Banner’s employees also volunteered for community service for over 23,500 hours in 2017 and 24,100 hours in 2018!
Since its founding in 1890 as a thrift, Banner Bank has grown, adapted and changed, all the while holding onto its values. It continues to grow and change today, with a variety of mergers, sales, and acquisitions. In July of 2019, Banner announced that they will be acquiring AltaPacific Bancorp, increasing Banner’s presence in California. Banner Bank also recently sold loans and deposits from its Sandpoint Branch to STCU. And last year in November, Banner acquired Skagit Bancorp.
What does the future hold for Banner Bank? Keep up-to-date on your favorite banks and lenders right here on RateZip!
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