What Wheatland Bank does

Wheatland Bank is a Washington State community bank founded in 1979 and currently operating as a division of Glacier Bank (a subsidiary of Glacier Bancorp, Inc., NASDAQ: GBCI). Headquartered in Spokane, the bank operates 26+ branches across Eastern and Central Washington — including Spokane, Spokane Valley, Moses Lake, Wenatchee, Chelan, Pasco, Tri-Cities, Quincy, Omak, and Okanogan — and serves individual consumers, small-to-medium businesses, homebuyers, and agricultural producers. The bank offers deposit accounts (checking, savings, money market, CDs, IRAs), consumer and business Visa debit/credit cards, government-backed mortgages (FHA, VA, USDA, Conventional, construction, jumbo), agricultural and commercial lending, SBA 7(a)/504 loans, Treasury Management services, and merchant payment processing.

Wheatland's technology stack is entirely composed of third-party platforms: Banno (Jack Henry) powers online and mobile banking; ICE Mortgage Technology (Ellie Mae) handles mortgage originations; Heartland Payment Systems (a Global Payments company) provides merchant POS and processing; First National Bank of Omaha (FNBO) issues consumer credit cards; and ProfitStars (Jack Henry) SmartPay handles online loan payments. The bank has no disclosed proprietary technology, patents, or API surface. No AI/ML models are built in-house; AI assistance is limited to vendor-provided mobile check deposit image review and card fraud anomaly detection.

The revenue model is a traditional community banking spread business: primary earnings come from net interest income on loans (mortgages, commercial, agricultural, consumer) and deposits, supplemented by fee-based income from service charges, ATM/debit fees, wire transfer fees, merchant payment processing, mortgage origination fees, and interchange revenue on FNBO-issued credit cards. Pricing on deposit and loan products is not publicly disclosed; commercial checking uses tiered subscription pricing (Totally Free, Simply Business, Commercial Checking) with monthly billing, and consumer credit cards are billed monthly on a transaction basis. Distribution blends physical branch presence, digital self-serve channels (online, mobile, telephone banking), and a 14-officer mortgage lending team with dedicated geographic territories — supplemented by referral relationships with local realtors, real estate agents, and community organizations.

Name

Wheatland Bank

Legal name

Wheatland Bank

Website

https://wheatland.bank

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Short description

Wheatland Bank is a Washington State community bank (founded 1979), operating as a Glacier Bank division with 26+ branches serving consumers, SMBs, homebuyers, and agricultural producers via deposits, mortgages, commercial/ag lending, treasury management, and merchant processing.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)

akta.pro secondary industry

Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Community banking services
• Residential mortgage lending
• Commercial banking loans
• Agricultural financing
• Treasury management solutions

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue from the spread between interest earned on loans (mortgages, commercial loans, agricultural loans, personal loans) and interest paid on deposits (checking, savings, money market, CDs). As a community bank, this represents the core earnings engine.
2. Non-Interest Income — Fee-Based Services: Revenue from service charges on deposit accounts, ATM and debit card fees, wire transfer fees, merchant payment processing fees, treasury management fees, and mortgage origination fees. These provide diversified, fee-based income streams alongside interest income.
3. Merchant Payment Processing: Revenue from merchant services partnerships (Heartland) where Wheatland Bank earns interchange and processing fees on credit/debit card transactions processed for business clients.
4. Credit Card Income: Wheatland Bank offers consumer credit cards issued through First National Bank of Omaha (FNBO), generating interchange revenue and referral income from card issuance.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels6 records

Core offering

Wheatland Bank is a community bank division of Glacier Bank providing personal and business banking services across Washington State through 26+ branches. Core offerings include deposit accounts (checking, savings, money market, CDs, IRAs), residential mortgage lending (Conventional, FHA, VA, USDA, construction), commercial and agricultural loans, treasury management, merchant payment processing, and credit cards issued through FNBO.

Product overview

Wheatland Bank is a division of Glacier Bank offering a comprehensive suite of banking products and services for both personal and business customers across Washington State and multiple western states. The core offering centers on deposit accounts (checking, savings, money market, CDs) with digital banking access through online and mobile platforms. Mortgage lending is a significant focus with 14 dedicated loan officers offering Conventional, FHA, VA, USDA, Construction, and Jumbo loans. Business services include specialized Treasury Management with ACH/wire capabilities, merchant payment processing through Heartland partnership, agricultural lending (since 1979), and commercial lending. All products integrate with Visa payment network and QuickBooks accounting software. The bank operates 26+ locations and emphasizes local decision-making with personal service.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Personal checking accounts with VISA Debit Card access, online and mobile banking, with no annual fees for primary cards. Targeted at individual consumers in Washington State.
• Personal Savings Savings accounts including Personal Savings, Money Market Accounts, and Certificates of Deposit (CDs) with competitive interest rates. Targeted at individual consumers seeking to grow deposits.
• Personal Retirement (IRA) Individual Retirement Accounts including Traditional IRA (tax-deferred growth) and Roth IRA (tax-free qualified distributions). For individual consumers planning retirement savings.
• Personal Credit Cards Personal credit cards issued by First National Bank of Omaha including Maximum Rewards Visa Signature, Platinum Edition Visa, Complete Rewards, and BucksBack Secured Visa. For individual consumer cardholders with rewards and secured options.
• Debit Cards VISA Debit Cards for personal and business accounts with chip technology, free ATM access at Glacier Family banks, and customizable purchase alerts. Targeted at personal and business account holders.
• Personal Online Banking Online banking platform powered by Banno for personal account management, bill pay, fund transfers, eStatements, and account alerts via text/email.
• Mobile Banking App Mobile banking app for iOS and Android enabling account access, mobile check deposits up to $3,500 per check and $7,000 per month, bill pay, and account management on the go.
• Telephone Banking 24-hour automated phone banking for account balances, transfers, loan payments, debit card management, and stop payments. For personal and business customers.
• Home Loan Center (Mortgage Lending) Comprehensive residential mortgage services offering Conventional, FHA, VA, USDA loans, plus construction, lot/land, and jumbo loans through 14 mortgage loan officers across Washington State. For homebuyers, homeowners refinancing, and construction borrowers.
• Business Checking Business checking accounts including Totally Free Business Checking (0-200 free items), Simply Business Checking (0-500 free items), and Commercial Checking. For small to medium businesses across Washington State.
• Business Savings and Money Market Business savings and money market accounts with competitive interest rates, no minimum opening deposit, and minimum balance requirements of $100-$2,500. For business deposit customers.
• Business Online Banking Online banking for businesses with multi-user access, ACH origination, wire transfers, QuickBooks Direct Connect integration, and comprehensive account management.
• Business Loans Commercial lending including business term loans, lines of credit, construction/development loans, commercial real estate loans, and SBA 7(a) and CDC/504 loans. For small to medium business borrowers.
• Agricultural Loans Specialized financing for farmers, ranchers, and orchardists since 1979 including ag operating lines of credit, term loans, and agricultural real estate financing. For agricultural producers in Washington State.
• Visa Business Credit Card Business credit card with cash back rewards, fraud protection, 24/7 monitoring, and no annual fee, including a local rewards program. For small business owners.
• Treasury Management Business cash management services including ACH origination, wire transfers, business bill pay, remote deposit capture, sweep services, and fraud protection tools (positive pay). For commercial and larger business clients.
• Merchant Payment Processing Payment processing offered through partnership with Heartland Payment Systems including point-of-sale systems (Register, Terminal+, Mobile Pay), PCI compliance, Heartland Secure fraud protection, and 24/7 support. For business clients accepting card payments.

Quantifiable outcome

• No publicly disclosed quantifiable customer outcomes or performance metrics are available on the website.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Partnerships

13 partnerships are on record, tiered core and supporting.

• Heartland Payment Systems (Global Payments)coreTechnology or IntegrationWheatland Bank has partnered with Heartland, a Global Payments company, to provide merchant payment processing and point-of-sale solutions to business clients. Heartland provides payment acceptance technology (Register POS, Terminal+, Mobile Pay) with fraud protection (Heartland Secure) and PCI compliance. Wheatland Bank offers these services to its business customers as a value-added banking solution.
• First National Bank of Omaha (FNBO)coreTechnology or IntegrationWheatland Bank offers personal credit cards issued through First National Bank of Omaha (FNBO) under Visa license. Products include Maximum Rewards Visa Signature, Platinum Edition Visa, Complete Rewards, and BucksBack Secured cards. FNBO handles card issuance, processing, and account management while Wheatland Bank provides customer access and referrals.
• ProfitStars (Jack Henry & Associates)coreTechnology or IntegrationWheatland Bank uses ProfitStars SmartPay for its online loan payment portal, enabling personal and business loan customers to make payments electronically. The platform processes payments and returns customers to the bank's website.
• Glacier Bank (Parent Company)coreStrategic or Co-development PartnerWheatland Bank is a division of Glacier Bank, which is a division of Glacier Bancorp, Inc. (NASDAQ: GBCI). As part of the Glacier Bank family of community bank divisions, Wheatland Bank benefits from shared technology infrastructure (Banno, Ellie Mae mortgage platform), operational support, and the regulatory and financial backing of a publicly traded regional bank holding company.
• Banno (Jack Henry)coreTechnology or IntegrationWheatland Bank's online and mobile banking platforms are powered by Banno, a digital banking platform from Jack Henry & Associates. Banno provides the user interface for consumer and business online banking, account management, and mobile app functionality.
• QuickBooks (Intuit)supportingTechnology or IntegrationWheatland Bank's Business Online Banking offers QuickBooks Direct Connect integration, allowing business clients to automatically download transactions and reconcile accounts within QuickBooks accounting software.
• VisacoreTechnology or IntegrationWheatland Bank issues Visa-branded debit and credit cards (personal Visa Debit Card, Business Visa Debit Card, Visa Business Credit Card) under Visa licensing agreements. This partnership enables card acceptance globally across the Visa payment network.
• ICE Mortgage Technology (Ellie Mae)coreTechnology or IntegrationWheatland Bank's mortgage originations use Ellie Mae (now ICE Mortgage Technology) for loan application processing. The bank's mortgage online application portal references Ellie Mae's authorization and loan workflow systems.
• Glacier Family of Banks ATM NetworksupportingChannel Partner/ Reseller/ DistributorWheatland Bank customers have fee-free access to the Glacier Family of Banks ATM network across multiple states. This shared ATM network provides greater convenience than a single-bank network.
• Federal Housing Administration (FHA)coreOthersWheatland Bank offers FHA-insured mortgage loans, where the Federal Housing Administration provides insurance to the lender against borrower default, enabling more flexible lending terms for first-time homebuyers.
• U.S. Department of Veterans Affairs (VA)coreOthersWheatland Bank offers VA-guaranteed mortgage loans for eligible veterans and active military members, backed by the Department of Veterans Affairs, offering favorable terms including no down payment and no PMI.
• U.S. Department of Agriculture (USDA)coreOthersWheatland Bank offers USDA-guaranteed loans for home purchases in eligible rural and suburban areas, backed by the USDA, typically featuring no down payment and lower interest rates.
• Small Business Administration (SBA)coreOthersWheatland Bank participates in SBA lending programs including 7(a) general small business loans and CDC/504 real estate and equipment loans, designed for small businesses that may not qualify for traditional financing.

Scale indicators2 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• WaFd Bank: WaFd Bank (formerly Washington Federal) is a regional bank headquartered in Seattle with consumer, commercial, and mortgage banking across Washington, Oregon, Idaho, Arizona, Nevada, Utah, New Mexico, and Texas. Comparable in geographic core (Pacific Northwest) and full-service banking approach, with similar government-backed loan offerings.
• Banner Bank: Banner Bank is a Pacific Northwest regional community bank (public, NASDAQ: BANR) with comparable full-service consumer, commercial, and mortgage banking offerings serving Washington and Oregon. Closely matches Wheatland's product mix, regional footprint, and community banking model.
• First Interstate Bank: First Interstate BancSystem (NASDAQ: FIBK) is a community bank holding company with branches across multiple Rocky Mountain and Pacific Northwest states, directly comparable to Glacier Bancorp's broader geographic footprint and Wheatland's community banking approach with full-service consumer and commercial offerings.
• Heritage Financial Corporation: Heritage Financial (NASDAQ: HFWA) is a Pacific Northwest community bank holding company based in Olympia, WA, operating Heritage Bank with similar consumer, commercial, and mortgage lending in Washington and Oregon. Direct comparable in geography and product mix.
• Columbia Bank: Columbia Banking System (NASDAQ: COLB) is a Tacoma-headquartered Pacific Northwest community bank holding company with comparable consumer, commercial, and mortgage banking across Washington and Oregon. Direct comparable in deposit-gathering franchise, geographic concentration, and product mix.
• Bank of the Pacific: Bank of the Pacific is a community bank serving Western Washington with consumer and commercial banking, comparable to Wheatland Bank's branch presence and product offering in overlapping Pacific Northwest markets.
• HomeStreet Bank: HomeStreet Bank is a Seattle-headquartered Pacific Northwest community bank with a strong mortgage origination focus, comparable to Wheatland's emphasis on home loan centers and government-backed lending. Offers similar consumer and commercial banking with multi-branch presence in Washington.
• Sound Community Bank: Sound Community Bank is a Seattle-based community bank offering consumer and commercial banking services in the Puget Sound region. Comparable as a similar-sized Pacific Northwest community bank with shared deposit gathering and small-business lending approach.
• Umpqua Bank: Umpqua Bank is a Pacific Northwest community bank offering personal and business banking, mortgages, and treasury management across Washington, Oregon, Idaho, Nevada, and California. Directly comparable to Wheatland Bank's regional community banking approach with similar product breadth and multi-state branch distribution.

Broad incumbents

• Wells Fargo: Wells Fargo is a large national bank with full-service consumer, commercial, mortgage, and treasury management offerings across Washington State — a broad incumbent that competes with Wheatland across nearly every product line, particularly in SMB treasury management and government-backed mortgage segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wheatlandbankwashington
• LinkedInlinkedin.com/company/wheatland-bank
• Instagraminstagram.com/wheatland.bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wheatland Bank