Sound Community Bank

Popular Accounts at this Bank

2.01%Reward CheckingSimply Rewards Checking - Cash
1.01%Reward SavingsSimply Rewards - Saver
1.95%5-year CD60+ Month CD

Overview / Commentary
2001 5th Ave.
Seattle, WA 98121

Sound Community Bank is headquartered in Seattle and is the 20th largest bank in the state of Washington. It is also the 1,083rd largest bank in the nation. It was established in 1953 and as of June of 2018, it had grown to 119 employees at 8 locations. Sound Community Bank's money market rates are 73% higher than the national average, and it has an A health rating.

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Health Grade Components

FDIC Certificate #57451
Year Established1953
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD11.27%
Annual Interest Income$15.8MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$685.4MM$587.5MM
LoansQ2 2018vs Q2 2017$586.0MM$489.8MM
DepositsQ2 2018vs Q2 2017$542.0MM$497.3MM
Equity CapitalQ2 2018vs Q2 2017$67.5MM$60.9MM
Loan Loss AllowanceQ2 2018vs Q2 2017$5.5MM$4.8MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.0MM$1.8MM
Real Estate OwnedQ2 2018vs Q2 2017$600.00K$942.00K
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Always verify rates and promotions with the bank or credit union. We are not Sound Community 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.

Sound Community Bank Savings Account Rates

1.01%*-$15kSimply Rewards - Saver
OTHER TIERS: 0.10% $15k+
0.25%$100-Regular Savings Account
0.25%$100-Business Savings Account
0.25%--IRA Savings
0.25%--Youth Savings Account
0.25%$1k-Health Savings Account

Sound Community Bank Money Market Rates

0.76%*$100k*-eMoney Maker
OTHER TIERS: 0.25% $25k - $50k | 0.51% $50k - $100k
0.76%*$100k*-Business eMoney Maker
OTHER TIERS: 0.25% $25k - $50k | 0.51% $50k - $100k
0.35%*$50k*-Money Market Account
OTHER TIERS: 0.25% $1k - $10k | 0.30% $10k - $50k
0.35%*$50k*-Business Money Market Account
OTHER TIERS: 0.25% $1k - $10k | 0.30% $10k - $50k

Sound Community Bank Checking Account Rates

2.01%*-$10kSimply Rewards Checking - Cash
OTHER TIERS: 0.50% $10k+
0.01%$1k-Prime Checking (50+)

Sound Community Bank CD Rates

2.27%$1k-24 Month CD with Checking
2.17%$1k-24 Month CD
2.05%$1k-60+ Month CD with Checking
2.03%$1k-21 Month CD Special w/ Checking
1.95%$1k-60+ Month CD
1.93%$1k-21 Month CD Special
1.57%$1k-13 Month CD Special w/ Checking
1.47%$1k-13 Month CD Special
1.41%$1k-48 Month CD with Checking
1.37%$1k-6 Month CD with Checking
1.31%$1k-48 Month CD
1.27%$1k-6 Month CD
1.11%$1k-36 Month CD with Checking
1.01%$1k-36 Month CD
0.85%$1k-18 Month CD with Checking
0.75%$1k-12 Month CD with Checking
0.75%$1k-18 Month CD
0.65%$1k-12 Month CD

Sound Community Bank IRA Rates

2.27%$500-24 Month IRA with Checking
2.17%$500-24 Month IRA
2.05%$500-60+ Month IRA with Checking
2.03%$500-21 Month IRA Special w/ Checking
1.95%$500-60+ Month IRA
1.93%$500-21 Month IRA Special
1.57%$1k-13 Month IRA Special w/ Checking
1.47%$1k-13 Month IRA Special
1.41%$500-48 Month IRA with Checking
1.37%$500-6 Month IRA with Checking
1.31%$500-48 Month IRA
1.27%$500-6 Month IRA
1.11%$500-36 Month IRA with Checking
1.01%$500-36 Month IRA
0.85%$500-18 Month IRA w/Checking
0.75%$500-12 Month IRA with Checking
0.75%$500-18 Month IRA
0.65%$500-12 Month IRA

Sound Community Bank Locations
Port Angeles Branch110 North Alder StreetPort Angeles, WA 98362
Sound Community Bank2001 5th Ave.Seattle, WA 98121
Cedar Plaza22807 44th Avenue WestMountlake Terrace, WA 98043
Tacoma-South2941 South 38th StreetTacoma, WA 98409
Sequim Branch645 W. Washington StreetSequim, WA 98382
Port Ludlow Branch9500 Oak Bay RoadPort Ludlow, WA 98365
Westside Community Bank Branch4922 Bridgeport Way WestUniversity Place, WA 98467
Belltown2400 3rd Ave Suite 150Seattle, WA 98121

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