The Wenatchee World

Weather:

Weather

Five-day forecast

Remove this weather forecast

Tonight

Lo37° Partly Cloudy

Saturday

Hi64° Slight Chc Showers

Saturday Night

Lo42° Partly Cloudy

Sunday

Hi66° Increasing Clouds

Sunday Night

Lo47° Mostly Cloudy

Monday

Hi68° Cloudy

Monday Night

Lo48° Chance Showers

Tuesday

Hi62° Chance Showers

Tuesday Night

Lo41° Mostly Cloudy

Wednesday

Hi61° Partly Sunny

Area banks, credit unions perform well in first quarter

Send to Kindle
Print This

Banks and credit unions in North Central Washington are generally in good financial shape, according to an independent firm that analyzes the performance of financial institutions nationwide.

Bauer Financial, based in Florida, reported this month that 12 of 18 NCW banks and credit unions snagged a five-star rating (out of five) based on performance in the first quarter of 2013. Rating factors included capital-risk ratio, assets, profitability, losses, investment portfolios, the institutions’ historical performance trends and other criteria.

Area ratings through March 31:

Five stars — Banner Bank, based in Walla Walla; Cashmere Valley Bank, Cashmere; Farmers State Bank, Winthrop; KeyBank, Cleveland, Ohio; North Cascades National Bank, Chelan; Peoples Bank, Lynden; Washington Trust Bank, Spokane; Wheatland Bank, Spokane; GESA Credit Union, Richland; Granco Credit Union, Ephrata; Numerica Credit Union, Spokane Valley; and Wenatchee Valley Credit Union, Wenatchee.

Four stars — Sterling Savings Bank, Spokane; US Bank, Cincinnati, Ohio; and Coulee Dam Credit Union, Coulee Dam.

Three-and-a-half stars — Bank of America, Charlotte, N.C.; JPMorgan Chase, Columbus, Ohio; and Wells Fargo Bank, Sioux Falls, N.D.

Reach Mike Irwin at 509-665-1179 or . Read his blog Everyday Business or follow him on Twitter at @MikeIrwinWW.

All comments are moderated before appearing. For more information, please read the approval guidelines. Questions? See our Disqus commenting FAQ or our full commenting policy.

Comments Help

A few important points:

  • You must have a Disqus account to comment (your Wenatchee World login and Disqus login are completely separate)
  • You must provide your first and last name
  • Your comment must be civil

For more information see our Disqus commenting FAQ or our full commenting policy