28,081Employees
$4.0 BTotal Annual Compensation & Benefits
$142,463Average Total Compensation & Benefits
40 Banks 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 branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis
$53.0 BNew Home Loans Booked in 2021
110,000Number of New Home Loans in 2021
$335,000Median New Home Loan Size in 2021
$10.3 BSmall Business Loans
641.2 KNumber of Small Business Loans
$16,071Average Small Business Loan
$1.3 BSmall Farm Loans
20,125Number of Small Farm Loans
$68,772Average 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 LendingSource: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis
4.8 MCustomers
$224.3 BDeposits
75Banks Operating Branches
1,543Branches & Offices
858Branches 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.
Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment 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