Washington Financial Bank

Customer Testimonials

Meet Jim Pierce from Medart

It was a natural decision to bank with Washington Financial. Jim Pierce Co-owner, Medart

Jim Pierce (right) at Medart headquarters in Ellwood City, PA.

It took over 100 years for Medart and Washington Financial to find each other. And, anyone who knows the two companies will say, 'they are made for each other.'

Both companies opened for business in the late 1800s. Both believe in providing customers with personalized attention. Both offer customers traditional dependability coupled with today's advanced technologies.

Medart, a manufacturer of metal bar processing equipment since 1874, designs and builds every piece of machinery to fit each customer's unique situation.

An indirect supplier to the aerospace industry, Medart's business was slow immediately following September 11, 2001. During this time, Medart lost the support of its large and impersonal bank. Medart needed financing for its expansion as the aerospace industry slowly rebounded and picked up momentum. Washington Financial Bank stepped in and financed the company's capital improvements and growing working capital.

According to Jim Pierce, Executive Vice President and co-owner of Medart, their philosophy of designing and building every piece of machinery to fit each customer's unique situation is definitely in line with the Bank's personalized approach to helping its customers meet their financial needs.

"Washington Financial is a great partner," says Jim. "They understand our business needs and work with us to meet them."