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WaFd Bank Named Official Banking Partner of Network of Giving Foundation Across the United States
SEATTLE--(BUSINESS WIRE)-- WaFd Bank and its holding company WaFd, Inc. (Nasdaq: WAFD) today announced that it is the official banking partner for Network of
About this update from Wafd, Inc.
[{"type":"text","content":" SEATTLE--(BUSINESS WIRE)--\nWaFd Bank and its holding company WaFd, Inc. (Nasdaq: WAFD) today announced that it is the official banking partner for Network of Giving across the United States, supporting the continued national expansion of the purpose-driven digital commerce and community impact ecosystem.\n\n\nThis partnership brings together the Network of Giving Foundation’s governance and the Network of Giving’s platform’s patented, philanthropic driven technology with WaFd Bank’s trusted financial infrastructure and long-standing commitment to community service.\n\n\nAs the first financial institution to participate, WaFd Bank will facilitate the secure collection, settlement, and distribution of merchant contributions generated through everyday digital commerce. This role strengthens the platform’s ability to support nonprofits, empower small and medium sized businesses, and deliver measurable community impact at scale.\n\n\nThe Network of Giving platform enables consumers to securely link any bank's credit and debit cards and automatically trigger merchant-funded micro-contributions when shopping locally. These merchant-funded contributions come at no cost to the consumer, are 100% consumer directed, and audited for full accountability.\n\n\n“WaFd Bank has believed in the Network of Giving from the very beginning,” said Brent Beardall, President and CEO of WaFd Bank. “We have always understood the power of financial services and digital commerce to do good for our communities and for society. Network of Giving brings those strengths together in a new way of giving that is simple, transparent, and deeply impactful. Our team recognizes the potential of this platform to strengthen local businesses and uplift nonprofits. We are proud to stand alongside the Network of Giving Foundation as its official banking partner and to help bring this innovation to communities across the country.”\n\n\n“Network of Giving is built on a simple but powerful idea: everyday actions can strengthen local communities,” said David Saalfrank, Network of Giving Foundation’s Chief Evangelist and Advisory Council Member. “WaFd Bank and its leadership team have championed this vision. Their unwavering commitment, values, and belief in the power of community make them the ideal partner to steward this work nationally. With WaFd Bank’s support, every mic...