Washington Federal, Inc. (NASDAQ:WAFD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On August 29, 2018, the Board of Directors accepted the resignation of Erin Lantz from her position as a director of Washington Federal, Inc., and its wholly owned subsidiary, Washington Federal, N.A. Her decision to resign was due to the potential conflict of interest that could result from her position at Zillow Group, Inc., which recently announced its planned acquisition of Mortgage Lenders of America, LLC, a loan origination company. Ms. Lantz also served as a member of the Risk Management and Regulatory Compliance Committees. Ms. Lantz’ resignation was not a result of any disagreement.
About Washington Federal, Inc. (NASDAQ:WAFD)
Washington Federal, Inc. is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans. As of September 30, 2016, Washington Federal had 238 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas. Through its subsidiaries, the Company is also engaged in real estate investment and insurance brokerage activities. The Bank offers various consumer checking account products, both interest bearing and non-interest bearing, and business checking accounts.
