As most of you know, Bob is now working at First Federal Bank in Albuquerque as a Commercial Credit Analyst. Here's some information you may not have known--First Federal is a division of Washington Federal Savings Bank and Washington Federal (NYSE: WFSL) has been named the strongest thrift institution in the United States by SNL Financial. A thrift is a type of bank. Check Investopedia for more info. Click here for the top 20 strongest and the top 20 weakest thrifts in the U.S.
FYI: Washington Federal made conservative, fixed-rate home loans and kept its overhead low during the boom a few years ago and, therefore, the bank is avoiding many of the issues resulting from the crisis in the sub-prime mortgage and housing markets. It's pretty good for a bank to be making money right now when most are not only losing, but most are losing a lot. This boils down to two very important words: job security.
2 comments:
Job Security - gotta love it! Keep up the good work.
First of all, your house is awesome! Congratulations Terry! I'm glad to hear that your institution is doing well; Capmark fared well compared to the other companies in our industry (no layoffs yet!!). And you were asking about that pop up - I really don't remember exactly, BUT, I found this link, give it a try: http://www.tipsforbloggers.blogspot.com/2008/01/add-pop-up-warning-to-blog.html
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