Connect Community Bank


Overview / Commentary
360-942-3444
202 Duryea St
Raymond, WA 98577

Connect Community Bank is headquartered in RAYMOND and is the 33rd largest bank in the state of Washington. It is also the 4,084th largest bank in the nation. It was established in 1925 and as of March of 2025, it had grown to 24 employees at 3 locations. Connect Community Bank's savings rates are 3X the national average, but it has a C health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Connect Community Bank has a relatively low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #28266
Year Established1925
Employees24
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-2.21%
Return on Equity - YTD-36.23%
Annual Interest Income$741K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$68.1MM$72.3MM
LoansQ1 2025vs Q1 2024$57.7MM$59.7MM
DepositsQ1 2025vs Q1 2024$57.6MM$52.3MM
Equity CapitalQ1 2025vs Q1 2024$4MM$5.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$605K$644K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Connect Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*$250k*-Consumer Savings
OTHER TIERS: 0.25% $5 - $5k | 0.50% $5k - $25k | 0.75% $25k - $75k | 1.00% $75k - $150k | 1.25% $150k - $250k
1.50%*$250k*-Business Savings
OTHER TIERS: 0.25% $5 - $5k | 0.50% $5k - $25k | 0.75% $25k - $75k | 1.00% $75k - $150k | 1.25% $150k - $250k
1.50%*$250k*-Holiday
OTHER TIERS: 0.25% $5 - $5k | 0.50% $5k - $25k | 0.75% $25k - $75k | 1.00% $75k - $150k | 1.25% $150k - $250k

Connect Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$250k*-36 Month CD
OTHER TIERS: 1.50% $100 - $5k | 1.75% $5k - $25k | 2.00% $25k - $75k | 2.25% $75k - $150k | 2.50% $150k - $250k
2.50%*$250k*-24 Month CD
OTHER TIERS: 1.25% $100 - $5k | 1.50% $5k - $25k | 1.75% $25k - $75k | 2.00% $75k - $150k | 2.25% $150k - $250k
2.25%*$250k*-18 Month CD
OTHER TIERS: 1.00% $100 - $5k | 1.25% $5k - $25k | 1.50% $25k - $75k | 1.75% $75k - $150k | 2.00% $150k - $250k
2.25%*$250k*-36 Month Flex CD
OTHER TIERS: 1.00% $100 - $5k | 1.25% $5k - $25k | 1.50% $25k - $75k | 1.75% $75k - $150k | 2.00% $150k - $250k
2.00%*$250k*-12 Month CD
OTHER TIERS: 0.75% $100 - $5k | 1.00% $5k - $25k | 1.25% $25k - $75k | 1.50% $75k - $150k | 1.75% $150k - $250k
1.76%*$250k*-6 Month CD
OTHER TIERS: 0.50% $100 - $5k | 0.75% $5k - $25k | 1.00% $25k - $75k | 1.25% $75k - $150k | 1.51% $150k - $250k

Connect Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*$250k*-24 Month IRA CD
OTHER TIERS: 1.25% $100 - $5k | 1.50% $5k - $25k | 1.75% $25k - $75k | 2.00% $75k - $150k | 2.25% $150k - $250k
2.25%*$250k*-36 Month IRA CD
OTHER TIERS: 1.00% $100 - $5k | 1.25% $5k - $25k | 1.50% $25k - $75k | 1.75% $75k - $150k | 2.00% $150k - $250k
2.00%*$250k*-12 Month IRA CD
OTHER TIERS: 0.75% $100 - $5k | 1.00% $5k - $25k | 1.25% $25k - $75k | 1.50% $75k - $150k | 1.75% $150k - $250k
Locations


Connect Community Bank Locations
1000 W Robert Bush Drive Branch1000 W Robert Bush DriveSouth Bend, WA 98586
1615 Pacific South Branch1615 Pacific SouthLong Beach, WA 98631
Raymond Federal Bank202 Duryea StRaymond, WA 98577

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