Northrim Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.45% | 5-year CD | 5 Year CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.20% | 1-year CD | 1 Year Jump-Up CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.10% | Savings | Classic Savings 1.20% - Ally Bank Online Savings Account |
Northrim Bank is headquartered in Anchorage and is the 2nd largest bank in the state of Alaska. It is also the 531st largest bank in the nation. It was established in 1990 and as of June of 2017, it had grown to 444 employees at 14 locations. Northrim Bank 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 Q2 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33216 |
| Year Established | 1990 |
| Employees | 444 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 8.61% |
| Annual Interest Income | $30.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $1.48B$1.51B |
| Loans | Q2 2017vs Q2 2016 | $1.04B$1.02B |
| Deposits | Q2 2017vs Q2 2016 | $1.25B$1.27B |
| Equity Capital | Q2 2017vs Q2 2016 | $181.7MM$183.3MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $20.3MM$18.5MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $21.5MM$9.6MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $4.3MM$2.6MM |
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.
Northrim Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $500k* | - | Performance Savings | ||
| OTHER TIERS: 0.07% → Up to $25k | 0.14% → $25k - $75k | 0.16% → $75k - $150k | 0.18% → $150k - $500k | |||||
| 0.20%* | $500k* | - | Business Performance Savings | ||
| OTHER TIERS: 0.07% → Up to $25k | 0.14% → $25k - $75k | 0.16% → $75k - $150k | 0.18% → $150k - $500k | |||||
| 0.14% | - | - | Variable Rate IRA | ||
| 0.10%* | $25k* | - | Classic Savings | ||
| OTHER TIERS: 0.05% → Up to $2,500 | 0.07% → $2,500 - $25k | |||||
| 0.10%* | $7,500* | - | Education Savings | ||
| OTHER TIERS: 0.04% → $100 - $2k | 0.07% → $2k - $7,500 | |||||
| 0.10%* | $25k* | - | Business Savings | ||
| OTHER TIERS: 0.05% → Up to $2,500 | 0.07% → $2,500 - $25k | |||||
| 0.10%* | $7,500* | - | HSA Checking | ||
| OTHER TIERS: 0.04% → $100 - $2k | 0.07% → $2k - $7,500 | |||||
| 0.07% | - | - | Kid's Club | ||
Northrim Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.05%* | $25k* | - | Money Market | ||
| OTHER TIERS: 0.01% → Up to $500 | 0.03% → $500 - $25k | |||||
| 0.05%* | $25k* | - | Business Money Market | ||
| OTHER TIERS: 0.01% → Up to $500 | 0.03% → $500 - $25k | |||||
Northrim Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $500k* | - | Business Sweep Checking | ||
| OTHER TIERS: 0.05% → Up to $25k | 0.08% → $25k - $75k | 0.10% → $75k - $150k | 0.13% → $150k - $500k | |||||
| 0.04%* | $6k* | - | Flex Checking – President’s Club | ||
| OTHER TIERS: 0.01% → Up to $500 | 0.03% → $500 - $6k | |||||
| 0.04%* | $2,500* | - | Flex Checking – Power | ||
| OTHER TIERS: 0.02% → Up to $2,500 | |||||
| 0.03%* | $500* | - | Business Interest Checking | ||
| OTHER TIERS: 0.01% → Up to $500 | |||||
| 0.02% | - | - | Flex Checking – Direct | ||
| 0.02% | - | - | 50 Plus checking | ||
| 0.02% | - | - | Loyalty Club | ||
Northrim Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.45%* | $1m* | $5m | 5 Year CD | ||
| OTHER TIERS: 1.30% → $500 - $25k | 1.35% → $25k - $500k | 1.40% → $500k - $1mm | |||||
| 1.25%* | $1m* | $5m | 3 Year CD | ||
| OTHER TIERS: 1.10% → $500 - $25k | 1.15% → $25k - $100k | 1.20% → $100k - $1mm | |||||
| 1.00% | $500 | - | 18 Month Jump-Up CD | ||
| 0.80%* | $1m* | $5m | 1 Year CD | ||
| OTHER TIERS: 0.60% → $500 - $25k | 0.65% → $25k - $100k | 0.70% → $100k - $500k | 0.75% → $500k - $1mm | |||||
| 0.60%* | $100k* | $5m | 4 Year CD | ||
| OTHER TIERS: 0.50% → $500 - $25k | 0.55% → $25k - $100k | |||||
| 0.40%* | $150k* | $5m | Bonus Rate Alaska CD | ||
| OTHER TIERS: 0.10% → $5k - $25k | 0.20% → $25k - $75k | 0.30% → $75k - $150k | |||||
| 0.35% | $500 | - | 3 Year Jump-Up CD | ||
| 0.30%* | $100k* | $5m | 2 Year CD | ||
| OTHER TIERS: 0.20% → $500 - $25k | 0.25% → $25k - $100k | |||||
| 0.30%* | $150k* | $5m | Alaska CD | ||
| OTHER TIERS: 0.05% → $5k - $25k | 0.10% → $25k - $75k | 0.20% → $75k - $150k | |||||
| 0.30% | $500 | - | 2 Year Jump-Up CD | ||
| 0.20% | $500 | - | 1 Year Jump-Up CD | ||
| 0.15%* | $100k* | $5m | 30 Day CD | ||
| OTHER TIERS: 0.07% → $500 - $25k | 0.10% → $25k - $100k | |||||
| 0.15%* | $100k* | $5m | 90 Day CD | ||
| OTHER TIERS: 0.07% → $500 - $25k | 0.10% → $25k - $100k | |||||
| 0.15%* | $100k* | $5m | 6 Month CD | ||
| OTHER TIERS: 0.07% → $500 - $25k | 0.10% → $25k - $100k | |||||
Northrim Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $100 | - | 18 Month Jump-Up IRA | |
| 0.35% | $100 | - | 3 Year Jump-Up IRA | |
| 0.30% | $100 | - | 2 Year Jump-Up IRA | |
| 0.20% | $100 | - | 1 Year Jump-Up IRA |
