Connect Community Bank

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 4,117th largest bank in the nation. It was established in 1925 and as of March of 2024, it had grown to 22 employees at 3 locations. Connect Community Bank's savings rates are 3X the national average, and it has a C+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
C+
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
Employees22
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-1.51%
Return on Equity - YTD-19.66%
Annual Interest Income$729K
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$72.3MM$68.6MM
LoansQ1 2024vs Q1 2023$59.7MM$55.5MM
DepositsQ1 2024vs Q1 2023$52.3MM$53.5MM
Equity CapitalQ1 2024vs Q1 2023$5.4MM$6.5MM
Loan Loss AllowanceQ1 2024vs Q1 2023$644K$716K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$0$0
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Connect Community 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.

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
3.00%*$250k*-36 Month CD
OTHER TIERS: 1.75% $100 - $5k | 2.00% $5k - $25k | 2.25% $25k - $75k | 2.50% $75k - $150k | 2.75% $150k - $250k
2.75%*$250k*-24 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*-18 Month CD
OTHER TIERS: 1.25% $100 - $5k | 1.50% $5k - $25k | 1.75% $25k - $75k | 2.00% $75k - $150k | 2.25% $150k - $250k
2.50%*$250k*-36 Month Flex 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*-12 Month CD
OTHER TIERS: 1.00% $100 - $5k | 1.25% $5k - $25k | 1.50% $25k - $75k | 1.75% $75k - $150k | 2.00% $150k - $250k
2.00%*$250k*-6 Month CD
OTHER TIERS: 0.75% $100 - $5k | 1.00% $5k - $25k | 1.25% $25k - $75k | 1.50% $75k - $150k | 1.75% $150k - $250k

Connect Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$250k*-36 Month IRA CD
OTHER TIERS: 1.75% $100 - $5k | 2.00% $5k - $25k | 2.25% $25k - $75k | 2.50% $75k - $150k | 2.75% $150k - $250k
2.75%*$250k*-24 Month IRA CD
OTHER TIERS: 1.50% $100 - $5k | 1.75% $5k - $25k | 2.00% $25k - $75k | 2.25% $75k - $150k | 2.50% $150k - $250k
2.25%*$250k*-12 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
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.