Washington Federal Bank Announces Completion of Conversion to Washington State Chartered Commercial Bank

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Feb 04, 2022

Washington Federal Bank, the wholly owned subsidiary of Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), today announced the successful completion of its conversion from a national bank charter, supervised by the Office of the Comptroller of the Currency, to a Washington state chartered commercial bank. Going forward primary supervision of the bank will be by the Washington State Department of Financial Institutions and the Federal Deposit Insurance Corporation (“FDIC”). As part of this conversion, the legal name of the bank has been changed from “Washington Federal Bank, National Association” to “Washington Federal Bank”. The bank will continue to do business as WaFd Bank.