Featured Savings Rates
Featured Accounts
Overview / Commentary
800-562-9744
100 West First Street
Aberdeen, WA 98520

Anchor Bank is headquartered in Aberdeen and is the 24th largest bank in the state of Washington. It is also the 1,553rd largest bank in the nation. It was established in 1907 and as of September of 2017, it had grown to 95 employees at 10 locations. Anchor Bank has an A health rating.

Related Posts

View all posts from:


Reviews (1)

Mediocre bank

After having banked with Anchor Bank for over 5 years, I walked away from the experience not having much to say. The customer service was always ok, but nothing ever stood out. I probably would have continued to use this bank to this day, but I had a bad experience in regards to an overdraft fee that they would not remove, which made me want to start looking for another bank. When I asked them if they could remove the overdraft fee they refused, and I told them at that time I would be leaving. They made no attempt to stop me.

Their mobile experience is sub-par, with the Android app looking like it's stuck in the early 2005's. They do offer services such as bill pay, and external transfers, but so does everyone nowadays. Like I said before, they are mediocre. Nothing stands out. I guess that's what a local bank is, really. Just a place to park your money and hope nothing happens.



Health

Health Grade Components

Overall
FDIC Certificate #28454
Year Established1907
Employees95
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD6.24%
Annual Interest Income$16.3MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$459.8MM$436.1MM
LoansQ3 2017vs Q3 2016$383.4MM$352.1MM
DepositsQ3 2017vs Q3 2016$354.6MM$309.4MM
Equity CapitalQ3 2017vs Q3 2016$62.0MM$59.9MM
Loan Loss AllowanceQ3 2017vs Q3 2016$4.0MM$3.8MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.5MM$2.5MM
Real Estate OwnedQ3 2017vs Q3 2016$2.7MM$271.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Anchor Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Anchor Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$100-Statement Savings
0.15%*$15k*-Health Savings Account
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $15k
0.10%--Youth Savings

Anchor Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$25k-Premium Money Market
1.01%$25k-Relationship Money Market
0.15%*$50k*-Golden Money Market
OTHER TIERS: 0.05% $1k - $10k | 0.10% $10k - $50k
0.15%*$50k*-Trade Wind Money Market
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k
0.15%*$100k*-Navigator Money Market
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $100k

Anchor Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Interest Checking
0.05%$1k-Interest Business Checking

Anchor Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-60 Month CD
1.77%$10k$240k22 Month CD
1.55%$500-16 Month Flex CD
1.36%$500-48 Month CD
1.16%$500-36 Month CD
0.50%$500-18 Month CD
0.50%$10k-30 Month Powerhouse CD
0.45%$500-30 Month CD
0.35%*$50k*-12 Month CD
OTHER TIERS: 0.20% $500 - $10k | 0.25% $10k - $25k | 0.30% $25k - $50k
0.35%$500-20 Month Advantage CD
0.35%$10k-24 Month Ladder CD
0.30%$10k-18 Month Ladder CD
0.25%$500-11 Month Advantage CD
0.25%$2k-24 Month Bump Fixed CD
0.20%$10k-12 Month Ladder CD
0.15%$10k-6 Month Ladder CD
0.10%$500-6 Month CD
0.10%$500-9 Month CD
0.10%$250-12 Month Wealth Builder Fixed CD

Anchor Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$100-60 Month IRA
1.99%$50-18 Month Variable IRA
1.36%$100-48 Month IRA
0.50%$50-18 Month IRA
0.45%$100-30 Month IRA
0.25%$50-24 Month Growth IRA
Locations


Cities: Aberdeen, Centralia, Elma, Lacey, Montesano, Ocean Shores, Olympia, Puyallup, Shelton, Westport

Aberdeen Branches
Anchor Bank100 West First StreetAberdeen, WA 98520

Centralia Branches
07 - Centralia Branch604 South Tower AvenueCentralia, WA 98531

Elma Branches
02 - Elma BranchThird and Eaton StreetsElma, WA 98541

Lacey Branches
06 - Lacey Branch649 Woodland Square Loop SoutheastLacey, WA 98503

Montesano Branches
08 - Montesano Branch211-B Pioneer Avenue EastMontesano, WA 98563

Ocean Shores Branches
05 - Ocean Shores Branch698 Ocean Shores BoulevardOcean Shores, WA 98569

Olympia Branches
04 - Olympia Branch2610 Harrison Avenue Northwest At KenyonOlympia, WA 98502

Puyallup Branches
Puyallup Branch10514 156th Street EastPuyallup, WA 98374

Shelton Branches
13 - Shelton Branch100 E Wallace Kneeland BlvdShelton, WA 98584

Westport Branches
03 - Westport BranchMontesano and WashingtonWestport, WA 98595