24,248Employees
$2.7 BTotal Annual Compensation & Benefits
$110,219Average Total Compensation & Benefits
41Banks Headquartered in State
Sound Community Bank in Seattle is a proud participant in Hiring Our Heroes—a partnership with ABA and the U.S. Chamber of Commerce Foundation that connects the military community with employment opportunities in banking.
Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data
$49.1 BNew Home Loans Booked in 2020
117,516Number of New Home Loans in 2020
$315,000Median New Home Loan Size in 2020
$11.6 Bin Paycheck Protection Program (PPP) Loans Facilitated
89,965PPP Loans
$33,798Median PPP Loan
1.2 MJobs Supported by PPP
Downtown Seattle’s First Sound Bank ramped up service hours during COVID-19 in response to PPP loan applications from small businesses. Local customers like Martingale—publisher of quilt, knit and craft books—expressed their gratitude with notes such as this: “Thank you! Thank you! Thank you! These funds will be the lifeblood to help carry us through these challenging times.”
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Source: HMDA, SBA PPP Loans, ABA analysis
5.4 MCustomers
$224.3 BDeposits
75Banks Operating Branches
1,543Branches & Offices
854Branches Offering Low Fee Bank On-certified Accounts
When Marguerite’s card didn’t work in a London cab, she called her branch of Columbia Bank in Washington. The bank not only ensured her account security, but quickly got her back on the road.
Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund
189.2 KVolunteer Hours
$52.5 MCommunity Donations
Heritage Bank saw the impact of homelessness in their community, and stepped up to help. The bank financed a $15,150,000 construction loan and provided an equity investment of over $21,000,000 to help build apartments for single adults who have stabilized after homelessness—and that’s just the beginning.
Source: Estimates based on ABA 2020/2021 survey data
