Banner Bank

Banner Bank

Provides banking services and financial products

About Banner Bank

Simplify's Rating
Why Banner Bank is rated
C-
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated C on Rating Differentiation

Industries

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Walla Walla, Washington

Founded

1890

Overview

Banner Bank provides a variety of financial services to individuals and businesses in the Western United States. Its offerings include checking and savings accounts, loans, mortgages, and investment services. The bank operates over 200 locations across Washington, Oregon, California, and Idaho, managing assets of more than $12.6 billion. Banner Bank's approach focuses on personalized service, tailoring solutions to meet the specific needs of each client. This commitment to quality and community involvement sets it apart from competitors in the financial services market. The bank aims to deliver exceptional financial services while fostering strong ties within the community, ensuring customer satisfaction and local decision-making.

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Simplify's Take

What believers are saying

  • Banner Bank's focus on ESG practices attracts environmentally conscious customers.
  • The bank's strong community ties enhance customer loyalty and brand reputation.
  • Recognition as a trustworthy company boosts customer confidence and retention.

What critics are saying

  • Increased competition from digital-only banks may erode market share.
  • Rising interest rates could decrease loan demand, affecting revenue.
  • Evolving cybersecurity threats pose risks to customer data security.

What makes Banner Bank unique

  • Banner Bank emphasizes community involvement and personalized customer service.
  • The bank has been recognized as one of America's Most Trustworthy Companies.
  • Banner Bank offers tailored financial solutions to meet diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Company News

MarketScreener
Sep 23rd, 2024
Banner Bank Named one of the World's Most Trustworthy Companies by Newsweek; Highest Ranked U.S. Bank

Earlier this year, Newsweek named Banner Bank one of the Most Trustworthy Companies in America, using similar criteria.

Stock Titan
Sep 12th, 2024
Banner Bank Adds Chief Banking Officer to Leadership Team; Hires Borrecco to Fill Role

Banner Bank has expanded its executive leadership team by adding Mark Borrecco as the new Chief Banking Officer.

Business Wire
Jul 1st, 2024
Banner Bank Releases 2023 Environmental, Social and Governance Report

WALLA WALLA, Wash.-(BUSINESS WIRE)-Today, Banner Bank released its 2023 ESG Report.

Stock Titan
Jul 1st, 2024
Banner Bank Releases 2023 Environmental, Social and Governance Report

Banner Bank has released its 2023 Environmental, Social, and Governance (ESG) Report, detailing its practices and recent achievements.

Business Wire
Jun 24th, 2024
Chief Audit Executive Garcia to Retire; Newman Hired as Replacement

WALLA WALLA, Wash.-(BUSINESS WIRE)-The Banner Bank executive leadership team today announced Jim Garcia, Executive Vice President and Chief Audit Executive, will retire July 15, 2024.

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