# Banner Bank

> **Canonical URL:** https://saferate.com/lenders/banner-bank

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Banner Bank is a bank, headquartered in Walla Walla, WA, serving borrowers across 4 states, with 994 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 60% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 55% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** WE0I402RW25AU38DTI13
- **Headquarters:** Walla Walla, WA
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** CA, ID, OR, WA
- **Markets (MSAs):** 19
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 40/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 45/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.178%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,315
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 994
- **Dollar Volume:** $460 million
- **Applications Received:** 1,787
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $462,586
- **Average Borrower Income:** $177,911

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 76/100 | 780 | +0.231% | $3,317 | Strong 😀 |
| FHA | 67/100 | 110 | +0.056% | $3,148 | Strong 😀 |
| VA | 64/100 | 37 | -0.497% | $3,672 | Strong 😀 |
| Jumbo | 79/100 | 64 | +0.662% | $3,629 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 642 loans, Score: 75/100 (Strong)
- Refinance: 138 loans, Score: 71/100 (Strong)

**FHA:**
- Purchase: 98 loans, Score: 66/100 (Strong)

**VA:**
- Purchase: 35 loans, Score: 64/100 (Strong)

**Jumbo:**
- Purchase: 58 loans, Score: 79/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 76/100 | 836 | $403M | +0.139% | Strong 😀 |
| Refinance | 72/100 | 158 | $56M | +0.299% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 622 | 0.73% | 87/100 |
| OR | 243 | 0.57% | 78/100 |
| CA | 88 | 0.03% | 55/100 |
| ID | 41 | 0.15% | 54/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 218 | 63/100 |
| Wenatchee | WA | 97 | 100/100 |
| Portland | OR-WA | 79 | 65/100 |
| Spokane | WA | 72 | 74/100 |
| Seattle | WA | 59 | 63/100 |
| Tacoma | WA | 54 | 68/100 |
| Eugene | OR | 46 | 68/100 |
| Bellingham, WA | WA | 45 | 69/100 |
| Kennewick | WA | 43 | 67/100 |
| Mount Vernon | WA | 34 | 80/100 |
| Everett, WA | WA | 33 | 60/100 |
| Yakima, WA | WA | 32 | 62/100 |
| Sacramento | CA | 23 | 49/100 |
| Walla Walla, WA | WA | 22 | 64/100 |
| Riverside | CA | 20 | 46/100 |

## Frequently Asked Questions

### What loan types does Banner Bank offer?

Banner Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Banner Bank offer mortgages?

Banner Bank offers mortgages in 4 states: CA, ID, OR, WA.

### How competitive are Banner Bank's mortgage rates?

Banner Bank has a pricing score of 40/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.178% above market average.

### What type of lender is Banner Bank?

Banner Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Walla Walla, WA.

### What is Banner Bank's loan approval success rate?

Banner Bank has a pull-through score of 45/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/banner-bank

### How to Cite

> "Banner Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/banner-bank

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