WAFed is a garbage eater; I closed my WAFed account after 18 years because of fee thefts from my deposit.WAFed 'fees' customers to death and check charges. Pays the worst CD rates, which are bad
anyway. Better to put yr money in good closed-end funds and make 7-8%, plus some gain, if bought cheap.
I receive excellent CD rates at WA Fed. Where are you getting your CD's? (Of course I mean in today's low rate environment). I recently got a 7 month "special" CD that was at 1.00% APY. I shopped around first. Sometimes I have gotten the 24 month .70% rate. Even that is not bad relative to other banks.
The stock price is doing well too and the dividend is just fine with me. I didn't expect the stock to get over $20 during 2013. I'm pleasantly surprised.
I assume you are short - sorry for your pain over the past few months! These new branches are great expansion opportunity. I think there will be lots more over the next few years as the remaining small banks are stronger than ever!