HomeStreet Bank is headquartered in Seattle and is the 5th largest bank in the state of Washington. It is also the 175th largest bank in the nation. It was established in 1986 and as of June of 2022, it had grown to 957 employees at 62 locations. HomeStreet Bank's money market rates are 5X the national average, and it has an A health rating.
I opened both checking and savings accounts with Homestreet bank when I was in my early 20's and was having some credit issues. I was having trouble finding a bank who would work with me, but when I spoke with Homestreet Bank and told them my situation they were willing to work with me and opened up both a checking or savings account. They paid a great interest rate on not only my holdings in savings, but also on my funds in my checking account. The people in my local branch were always very friendly and would greet me by name and ask me about my family. Thanks to Homestreet Bank I was able to correct my financial situation.
I wanted my mortgage to be with a local company, so I went with HomeStreet over other (cheaper) lenders. Two years in they've sold my loan to another company.
Now I'm locked in a long-term financial relationship with a bank in Virginia with a history of abusive mortgage servicing practices!
I've never had a more disappointing interaction with a bank and most certainly will not do business with HomeStreet ever again.
Overall | |
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FDIC Certificate # | 32489 |
Year Established | 1986 |
Employees | 957 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 11.04% |
Annual Interest Income | $129.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2022vs Q2 2021 | $8.56B$7.12B |
Loans | Q2 2022vs Q2 2021 | $6.78B$5.61B |
Deposits | Q2 2022vs Q2 2021 | $6.21B$6.11B |
Equity Capital | Q2 2022vs Q2 2021 | $748.6MM$772.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $37.4MM$59.9MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $9.1MM$18.9MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $2.1MM$2.0MM |
Always verify rates and promotions with the bank or credit union. We are not HomeStreet 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.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Business Savings | |
0.10% | - | - | Health Savings Account | |
0.10% | - | - | Holiday Club Savings | |
0.05% | $100 | - | IRA Savings | |
0.05% | - | - | Personal Savings | |
0.05% | - | - | Minor Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10% | $1k | - | Business Advantage | ||
0.10% | - | - | IOLTA | ||
0.10% | - | - | IRETA | ||
0.10%* | $10k* | - | Interest Checking | ||
OTHER TIERS: 0.05% → $2.5k - $10k |