Banner Bank Named One of the World’s Most Trustworthy Companies

Rhea-AI Summary

Banner Bank has been selected by Newsweek as one of the World’s Most Trustworthy Companies of 2023. The selection was based on an independent survey with 269,000 evaluations focusing on Customer Trust, Investor Trust, and Employee Trust. Banner Bank is the highest-ranking traditional bank on the West Coast.

WALLA WALLA, Wash.--(BUSINESS WIRE)-- Banner Bank has been selected by Newsweek as one of the World’s Most Trustworthy Companies of 2023. This prestigious list is compiled by Newsweek, in collaboration with market research partner Statista Inc., the world-leading statistics portal and industry ranking provider.

(Graphic: Business Wire)

“We are humbled to be included among some of the world’s most well-known brands,” said Banner Bank President and CEO Mark Grescovich. “Trust is the cornerstone of banking so being recognized as one of the most trustworthy companies in the world is a tremendous compliment.”

The companies selected were identified from data collected as part of an independent survey with 269,000 evaluations focusing on the three main public pillars of trust: Customer Trust, Investor Trust, and Employee Trust. Respondents were asked how much they agree with statements like: "I trust in this company to treat me fairly as its customer," "I trust that this company is competently led" and "I believe this company treats its employees fairly." From there, they used a three-step process to analyze the results and create the final list, which includes companies across 23 industries from 21 countries. In all, 24 U.S.-based banks made the list, with Banner Bank the highest-ranking traditional bank on the West Coast.

This is the first year Newsweek has assembled this list. Earlier this year, Newsweek also named Banner Bank to its list of the Most Trustworthy Companies in America using similar criteria.

View complete list the World’s Most Trustworthy Companies 2023

About Banner Bank

Banner Bank is a Washington-chartered commercial bank that conducts business in Washington, Oregon, California and Idaho. Founded more than 133 years ago, Banner offers a wide variety of banking services and financial solutions to individuals, families and small and medium-sized businesses. Banner Bank is part of Banner Corporation, a $15.5 billion bank holding company headquartered in Walla Walla, Washington. Visit Banner Bank at www.bannerbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231102685016/en/

Kelly McPhee, Senior Vice President, PR & Communications

Kelly.mcphee@bannerbank.com

Source: Banner Bank

FAQ

What is the recognition received by Banner Bank?

Banner Bank has been selected as one of the World’s Most Trustworthy Companies of 2023 by Newsweek.

How was the selection made?

The selection was based on an independent survey with 269,000 evaluations focusing on Customer Trust, Investor Trust, and Employee Trust.

What were the criteria for evaluation?

Respondents were asked to rate their agreement with statements like 'I trust in this company to treat me fairly as its customer,' 'I trust that this company is competently led,' and 'I believe this company treats its employees fairly.'

How many banks made the list?

A total of 24 U.S.-based banks made the list.

Where does Banner Bank rank among the traditional banks on the West Coast?

Banner Bank is the highest-ranking traditional bank on the West Coast.