Sound Community Bank


Overview / Commentary
800-458-5585
2400 Third Avenue
Seattle, WA 98121

Sound Community Bank is headquartered in SEATTLE and is the 17th largest bank in the state of Washington. It is also the 1,014th largest bank in the nation. It was established in 1953 and as of December of 2024, it had grown to 122 employees at 10 locations. Sound Community Bank has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #57451
Year Established1953
Employees122
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.12%
Annual Interest Income$57.5MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$993.8MM$995.4MM
LoansQ4 2024vs Q4 2023$892.2MM$886.3MM
DepositsQ4 2024vs Q4 2023$841.8MM$830MM
Equity CapitalQ4 2024vs Q4 2023$114.5MM$112.7MM
Loan Loss AllowanceQ4 2024vs Q4 2023$8.5MM$8.8MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$7.5MM$3.5MM
Real Estate OwnedQ4 2024vs Q4 2023$0$575K
Rates

Rates for Sound Community Bank are currently being reviewed.

Locations


Cities: Mountlake Terrace, Port Angeles, Port Ludlow, Seattle, Sequim, Tacoma, University Place

Mountlake Terrace Branches
Cedar Plaza22807 44th Avenue WestMountlake Terrace, WA 98043

Port Angeles Branches
Port Angeles Branch110 North Alder StreetPort Angeles, WA 98362

Port Ludlow Branches
Port Ludlow Branch9500 Oak Bay RoadPort Ludlow, WA 98365

Seattle Branches
Sound Community Bank2400 3rd AveSeattle, WA 98121
Belltown2400 3rd Ave Suite 150Seattle, WA 98121
Downtown Seattle Office2001 Fifth AvenueSeattle, WA 98121

Sequim Branches
Sequim Branch645 W. Washington StreetSequim, WA 98382
Creekside990 East Washington Street, Suite FSequim, WA 98382

Tacoma Branches
Tacoma-South2941 South 38th StreetTacoma, WA 98409

University Place Branches
Westside Community Bank Branch4922 Bridgeport Way WestUniversity Place, WA 98467

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.