29,974Employees
$3.9 BTotal Annual Compensation & Benefits
$130,064Average 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 2022Q4, Bureau of Labor Statistics 2022, ABA analysis
$47 BNew Home Loans Booked in 2022
83,447Number of New Home Loans in 2022
$485,000Median New Home Loan Size in 2022
$13.5 BSmall Business Loans
531.5 KNumber of Small Business Loans
$25,437Average Small Business Loan
$1.4 BSmall Farm Loans
19,024Number of Small Farm Loans
$74,030Average Small Farm Loan
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.”
More stories on Lending
Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis
$231 BDeposits
75Banks Operating Branches
1,500Branches & Offices
894Branches 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: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis
