Sound Community Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.01%	Reward Checking	Simply Rewards Checking - Cash 1.92% - National Average
1.01%	Reward Savings	Simply Rewards - Saver 0.86% - National Average
1.95%	5-year CD	60+ Month CD 2.50% - Ally Bank High Yield 5 Year CD

View all Sound Community Bank rates »

Overview / Commentary

www.soundcb.com

206-448-4345

2001 5th Ave.
Seattle, WA 98121

Sound Community Bank is headquartered in Seattle and is the 20^th largest bank in the state of Washington. It is also the 1,141^st largest bank in the nation. It was established in 1953 and as of December of 2017, it had grown to 120 employees at 7 locations. Sound Community Bank's money market rates are 16% higher than the national average, and it has an A health rating.

Overall
FDIC Certificate #	57451
Year Established	1953
Employees	120
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.88%
Return on Equity - YTD	8.71%
Annual Interest Income	$27.8MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$644.5MM$587.7MM
Loans	Q4 2017vs Q4 2016	$545.1MM$496.1MM
Deposits	Q4 2017vs Q4 2016	$517.0MM$471.3MM
Equity Capital	Q4 2017vs Q4 2016	$63.5MM$57.7MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$5.2MM$4.8MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$2.0MM$3.1MM
Real Estate Owned	Q4 2017vs Q4 2016	$600.00K$1.2MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Sound Community Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.01%^*	-	$15k	Simply Rewards - Saver
OTHER TIERS: 0.10% → $15k+
0.25%	-	-	IRA Savings
0.05%	$100	-	Regular Savings Account
0.05%	$100	-	Business Savings Account
0.05%	-	-	Youth Savings Account
0.05%	$1k	-	Health Savings Account

Sound Community Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.51%^*	$100k^*	-	eMoney Maker
OTHER TIERS: 0.25% → $25k - $50k \| 0.41% → $50k - $100k
0.51%^*	$100k^*	-	Business eMoney Maker
OTHER TIERS: 0.25% → $25k - $50k \| 0.41% → $50k - $100k
0.20%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.05% → $1k - $10k \| 0.15% → $10k - $50k
0.20%^*	$50k^*	-	Business Money Market Account
OTHER TIERS: 0.05% → $1k - $10k \| 0.15% → $10k - $50k

Sound Community Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.01%^*	-	$10k	Simply Rewards Checking - Cash
OTHER TIERS: 0.50% → $10k+
0.01%	$1k	-	Prime Checking (50+)

Sound Community Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%	$1k	-	60+ Month CD with Checking
1.95%	$1k	-	60+ Month CD
1.41%	$1k	-	48 Month CD with Checking
1.31%	$1k	-	48 Month CD
1.31%	$1k	-	17 Month CD Special with Checking
1.21%	$1k	-	17 Month CD Special
1.11%	$1k	-	36 Month CD with Checking
1.01%	$1k	-	36 Month CD
1.01%	$1k	-	24 Month CD with Checking
0.91%	$1k	-	24 Month CD
0.75%	$1k	-	12 Month CD with Checking
0.65%	$1k	-	12 Month CD
0.35%	$1k	-	6 Month CD with Checking
0.25%	$1k	-	6 Month CD

Sound Community Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%	$500	-	60+ Month IRA with Checking
1.95%	$500	-	60+ Month IRA
1.41%	$500	-	48 Month IRA with Checking
1.31%	$500	-	48 Month IRA
1.11%	$500	-	36 Month IRA with Checking
1.01%	$500	-	24 Month IRA with Checking
1.01%	$500	-	36 Month IRA
0.91%	$500	-	24 Month IRA
0.75%	$500	-	12 Month IRA with Checking
0.65%	$500	-	12 Month IRA
0.35%	$500	-	6 Month IRA with Checking
0.25%	$500	-	6 Month IRA

Locations

Sound Community Bank Locations
Port Angeles Branch	110 North Alder Street	Port Angeles, WA 98362
Sound Community Bank	2001 5th Ave.	Seattle, WA 98121
Cedar Plaza	22807 44th Avenue West	Mountlake Terrace, WA 98043
Tacoma-South	2941 South 38th Street	Tacoma, WA 98409
Sequim Branch	645 W. Washington Street	Sequim, WA 98382
Port Ludlow Branch	9500 Oak Bay Road	Port Ludlow, WA 98365
Westside Community Bank Branch	4922 Bridgeport Way West	University Place, WA 98467
Belltown	2400 3rd Ave Suite 150	Seattle, WA 98121

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