Western Bank is Strong and Healthy
October 8, 2008: An excellent article recently appeared in the Minneapolis/St. Paul Business Journal titled "How to Tell if Your Bank's Safe."
Read the entire article https://www.western-bank.com/pdf/BusJournalArticle.pdf. It explains that each bank's quarterly financials are publicly available online at www.fdic.gov and it highlights a few key financial indicators that you can look at to tell how healthy your bank is.
See a "Ranking and Statistical Chart": https://www.western-bank.com/pdf/rankandstatReport.pdf on these key financial indicators comparing Western Bank to a peer group of twin cities banks of similar asset size. Western Bank is profitable, has good loan quality and excess equity capital. We continue to be enthusiastic about holding deposits and lending to our customers. This chart shows you that Western Bank ranks well and is very safe and healthy.
Go back to Customer Service Announcements