Description

Banner Corporation operates as the bank holding company for Banner Bank and Islanders Bank, which provides commercial banking and financial products and services to individuals, businesses, and public sector entities primarily in the United States. It offers deposit products, including demand checking accounts, interest-bearing checking accounts, money market deposit accounts, regular savings accounts, certificates of deposit, cash management services, and retirement savings plans. The company also provides loan products, including commercial and multifamily real estate loans; residential mortgage loans; residential construction and land loans for professional home builders and developers; consumer loans, such as home equity lines of credit, automobile loans, boat and recreational vehicle loans, and loans secured by deposit accounts; commercial business loans; and agricultural loans. In addition, it engages in mortgage banking operations through the origination and sale of one- to four-family and multi-family residential loans. As of December 31, 2015, Banner Bank operated 199 branch offices and 9 loan production offices in Washington, Oregon, and Idaho; and Islanders Bank conducted business from 3 locations in San Juan County, Washington. Banner Corporation was founded in 1890 and is based in Walla Walla, Washington.