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SaviBank


Overview / Commentary
www.savibank.com
360-707-2272
1020 S. Burlington Blvd.
Burlington, WA 98233

SaviBank is headquartered in Burlington and is the 28th largest bank in the state of Washington. It is also the 1,733rd largest bank in the nation. It was established in 2005 and as of June of 2022, it had grown to 143 employees at 9 locations. SaviBank has an A health rating.

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Health
A

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #57978
Year Established2005
Employees143
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD9.58%
Annual Interest Income$8.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$502.4MM$468.5MM
LoansQ2 2022vs Q2 2021$392.5MM$333.2MM
DepositsQ2 2022vs Q2 2021$456.3MM$403.5MM
Equity CapitalQ2 2022vs Q2 2021$39.6MM$38.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.3MM$3.8MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.7MM$2.8MM
Real Estate OwnedQ2 2022vs Q2 2021$654.00K$326.00K
Rates

Rates for SaviBank are currently being reviewed.

Locations


Cities: Anacortes, Bellingham, Burlington, Concrete, Freeland, Friday Harbor, Mount Vernon, Oak Harbor, Sedro Woolley

Anacortes Branches
Anacortes Branch3201 B Commercial AvenueAnacortes, WA 98221

Bellingham Branches
Meridian Branch1910 BroadwayBellingham, WA 98225

Burlington Branches
Business Bank1020 S Burlington BlvdBurlington, WA 98233

Concrete Branches
Concrete45872 Main StreetConcrete, WA 98237

Freeland Branches
South Whidbey Branch1737 Main StreetFreeland, WA 98249

Friday Harbor Branches
Friday Harbor Branch232 A Street Unit C-2Friday Harbor, WA 98250

Mount Vernon Branches
Mount Vernon Office208 E Blackburn Rd Ste 100Mount Vernon, WA 98273
College Way Branch1725 E College WayMount Vernon, WA 98273

Oak Harbor Branches
Oak Harbor Branch1100 Ne Third AvenueOak Harbor, WA 98277

Sedro Woolley Branches
Sedro Woolley203 Ball StreetSedro Woolley, WA 98284

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