Northrim Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.55% | 5-year CD | 3.10% - Barclays 60 Month Online CD |
| 1.00% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.14% | Savings | 2.20% - Barclays Online Savings Account |
Northrim Bank is headquartered in Anchorage and is the 2nd largest bank in the state of Alaska. It is also the 554th largest bank in the nation. It was established in 1990 and as of December of 2018, it had grown to 430 employees at 15 locations. Northrim Bank's CD rates are 28% higher than the national average, and it has a B+ health rating.
Northrim Bank
I have been with Northrim Bank for over 6+ years, it was quick and easy to setup an account with them and the free gift was a nice stool that has been used since then. I had no difficulties or hold ups with them. Their website is extremely easy to use and check my accounts with. Their mobile application for android is also very nice, the interface works, and I've had no problems submitting my checks to them through the mobile app, the money entered the account within the next 1 - 2 business days. I also attempted to get a loan for a car, and they were quick and responsive with me, I ended up not going for the loan (not because of them though). No issues there. All and all I have had nothing but acceptable experiences with them.
Terrible Bank Take Your Business Elsewhere.
Northrim banks claim to "customer first service" is a sham. They are all about big business and don't care about the problems of the individual banker. In some cases a bank will accept what is known as a "deed in leu" where you can give back a house when you have no other choice. I happen to know that Northrim accepted an entire housing development back from a big builder, When my septic system failed due to ground conditions after paying over $100,000 in interest over the coarse of the loan Northrim refused me, in fact they threatened to sue me if I couldn't keep making the payments. So remember that when you choose who to get your home loan from.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33216 |
| Year Established | 1990 |
| Employees | 430 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.4% |
| Return on Equity - YTD | 11.54% |
| Annual Interest Income | $67.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.49B$1.51B |
| Loans | Q4 2018vs Q4 2017 | $1.01B$1.00B |
| Deposits | Q4 2018vs Q4 2017 | $1.25B$1.27B |
| Equity Capital | Q4 2018vs Q4 2017 | $181.6MM$177.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $19.7MM$21.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $14.7MM$21.4MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $8.0MM$8.7MM |
Always verify rates and promotions with the bank or credit union. We are not Northrim 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.
Northrim Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.48%*† | $500k* | - | Performance Savings | ||
| OTHER TIERS: 0.21% → Up to $25k | 0.32% → $25k - $75k | 0.38% → $75k - $150k | 0.43% → $150k - $500k | |||||
| 0.48%*† | $500k* | - | Business Performance Savings | ||
| OTHER TIERS: 0.21% → Up to $25k | 0.32% → $25k - $75k | 0.38% → $75k - $150k | 0.43% → $150k - $500k | |||||
| 0.32%† | - | - | Variable Rate IRA | ||
| 0.14%*† | $25k* | - | Classic Savings | ||
| OTHER TIERS: 0.07% → Up to $2.5k | 0.10% → $2.5k - $25k | |||||
| 0.14%*† | $25k* | - | Business Savings | ||
| OTHER TIERS: 0.07% → Up to $2.5k | 0.10% → $2.5k - $25k | |||||
| 0.14%*† | $7.5k* | - | HSA Checking | ||
| OTHER TIERS: 0.06% → $100 - $2k | 0.10% → $2k - $7.5k | |||||
| 0.13%*† | $7.5k* | - | Education Savings | ||
| OTHER TIERS: 0.06% → $100 - $2k | 0.09% → $2k - $7.5k | |||||
| 0.10%† | - | - | Kid's Club | ||
Northrim Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.11%*† | $25k* | - | Money Market | ||
| OTHER TIERS: 0.04% → Up to $500 | 0.07% → $500 - $25k | |||||
| 0.11%*† | $25k* | - | Business Money Market | ||
| OTHER TIERS: 0.04% → Up to $500 | 0.07% → $500 - $25k | |||||
Northrim Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.18%*† | $500k* | - | Business Sweep Checking | ||
| OTHER TIERS: 0.07% → Up to $25k | 0.11% → $25k - $75k | 0.13% → $75k - $150k | 0.16% → $150k - $500k | |||||
| 0.10%*† | $6k* | - | Flex Checking – President’s Club | ||
| OTHER TIERS: 0.04% → Up to $500 | 0.08% → $500 - $6k | |||||
| 0.06%*† | $2.5k* | - | Flex Checking – Power | ||
| OTHER TIERS: 0.05% → Up to $2.5k | |||||
| 0.06%*† | $500* | - | Business Interest Checking | ||
| OTHER TIERS: 0.04% → Up to $500 | |||||
| 0.05%† | - | - | Flex Checking – Direct | ||
| 0.05%† | - | - | 50 Plus checking | ||
| 0.05%† | - | - | Loyalty Club | ||
Northrim Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.70% | - | - | 23 Month Jump-Up CD | ||
| 1.70% | - | - | 11 Month Jump-Up CD | ||
| 1.55%*† | $1m* | $5m | 5 Year CD | ||
| OTHER TIERS: 1.40% → $500 - $25k | 1.45% → $25k - $500k | 1.50% → $500k - $1m | |||||
| 1.50%† | - | - | 18 Month Jump-Up CD | ||
| 1.35%*† | $100k* | $5m | 4 Year CD | ||
| OTHER TIERS: 1.25% → $500 - $25k | 1.30% → $25k - $100k | |||||
| 1.34%*† | $1m* | $5m | 3 Year CD | ||
| OTHER TIERS: 1.20% → $500 - $25k | 1.25% → $25k - $100k | 1.29% → $100k - $1m | |||||
| 1.25%† | - | - | 3 Year Jump-Up CD | ||
| 1.20%*† | $100k* | $5m | 2 Year CD | ||
| OTHER TIERS: 1.00% → $500 - $25k | 1.15% → $25k - $100k | |||||
| 1.15%*† | $1m* | $5m | 1 Year CD | ||
| OTHER TIERS: 0.95% → $500 - $25k | 1.00% → $25k - $100k | 1.05% → $100k - $500k | 1.10% → $500k - $1m | |||||
| 1.15%† | - | - | 2 Year Jump-Up CD | ||
| 1.00%* | $150k* | $5m | Alaska CD Bonus Rate | ||
| OTHER TIERS: 0.06% → Up to $5k | 0.93% → $5k - $25k | 0.95% → $25k - $75k | 0.97% → $75k - $150k | |||||
| 1.00%† | - | - | 1 Year Jump-Up CD | ||
| 0.85%* | $150k* | $5m | Alaska CD | ||
| OTHER TIERS: 0.05% → Up to $5k | 0.78% → $5k - $25k | 0.80% → $25k - $75k | 0.82% → $75k - $150k | |||||
| 0.31%† | $500 | $5m | 6 Month CD | ||
| 0.21%† | $500 | $5m | 90 Day CD | ||
| 0.16%† | $500 | $5m | 30 Day CD | ||
Northrim Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.60%† | $100 | - | 18 Month Jump-Up IRA | |
| 1.25%† | $100 | - | 3 Year Jump-Up IRA | |
| 1.15%† | $100 | - | 2 Year Jump-Up IRA | |
| 1.00%† | $100 | - | 1 Year Jump-Up IRA |
