- S&P 500 7,659.44 −1.09%
- Dow Jones 52,002.41 −0.34%
- Nasdaq 26,713.03 +0.08%
- VIX 19.99 +21.45%
- 10-year Treasury 5.09% −0.01
- Dollar index 121.40 −0.14%
- WTI crude $101.91 +1.04%
Banks in Washington
The 29 FDIC-insured banks headquartered in Washington, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 29
- Their assets
- $91.4B
- Their deposits
- $74.3B
- Failures since 2000
- 19
- Credit unions
- 73
Every bank headquartered in Washington
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | WaFd BankSeattle, WA | Wafd Inc | $27.6B | $21.1B | $3.0B | $135.9M | 0.99% | 8.98% | 13.0% | 31% | 213 |
| 2 | Banner BankWalla Walla, WA | BANNER CORP | $16.6B | $13.9B | $2.0B | $107.5M | 1.31% | 10.97% | 12.7% | 32% | 167 |
| 3 | Washington Trust BankSpokane, WA | W T B Financial Corp | $10.5B | $8.8B | $1.0B | $63.1M | 1.19% | 12.78% | 11.9% | 57% | 45 |
| 4 | Heritage BankOlympia, WA | Heritage Financial Corp | $8.4B | $7.0B | $1.1B | $41.8M | 1.05% | 7.88% | 12.3% | 39% | 68 |
| 5 | Coastal Community BankEverett, WA | COASTAL FINANCIAL CORP | $5.5B | $4.9B | $467.5M | −$29.1M | −1.10% | −11.91% | 11.0% | 27% | 14 |
| 6 | 1st Security Bank of WashingtonMountlake Terrace, WA | FS Bancorp, Inc. | $3.2B | $2.5B | $362.9M | $17.4M | 1.09% | 9.81% | 12.8% | 29% | 34 |
| 7 | Peoples BankBellingham, WA | PEOPLES BANCORP INC | $2.4B | $2.1B | $322.5M | $11.8M | 0.96% | 7.44% | – | 32% | 23 |
| 8 | Cashmere Valley BankCashmere, WA | – | $2.3B | $2.0B | $256.6M | $12.7M | 1.10% | 9.67% | – | 33% | 12 |
| 9 | First Fed BankPort Angeles, WA | First Northwest Bancorp | $2.1B | $1.6B | $180.9M | $2.1M | 0.20% | 2.29% | 12.4% | 25% | 14 |
| 10 | Timberland BankHoquiam, WA | TIMBERLAND BANCORP INC | $2.1B | $1.8B | $272.3M | $15.0M | 1.47% | 11.13% | 19.5% | 28% | 24 |
| 11 | Yakima Federal Savings and Loan AssociationYakima, WA | – | $2.0B | $1.4B | $552.5M | $9.4M | 0.94% | 3.43% | – | 27% | 10 |
| 12 | Riverview BankVancouver, WA | RIVERVIEW BANCORP INC | $1.5B | $1.3B | $167.1M | −$5.7M | −0.77% | −6.56% | 14.4% | 28% | 18 |
| 13 | Sound Community BankSeattle, WA | Sound Financial Bancorp, Inc. | $1.1B | $937.1M | $117.1M | $4.7M | 0.87% | 8.13% | – | 20% | 9 |
| 14 | Olympia Federal Savings and Loan AssociationOlympia, WA | – | $1.0B | $709.7M | $118.5M | $1.8M | 0.36% | 3.13% | – | 20% | 9 |
| 15 | Mountain Pacific BankEverett, WA | Mountain Pacific Bcorp Inc | $896.4M | $709.1M | $102.7M | $6.5M | 1.50% | 12.99% | 13.1% | 30% | 6 |
| 16 | Seattle BankSeattle, WA | Seattle Bancshares Inc | $891.4M | $785.2M | $93.9M | $4.9M | 0.98% | 10.46% | 13.3% | 31% | 2 |
| 17 | Commencement BankTacoma, WA | Commencement Bcorp Inc | $739.6M | $660.2M | $67.1M | $3.5M | 0.99% | 11.14% | 12.9% | 44% | 6 |
| 18 | Baker-Boyer National BankWalla Walla, WA | Baker Boyer Bcorp | $692.9M | $632.3M | $58.9M | $2.0M | 0.58% | 6.86% | 15.4% | 24% | 7 |
| 19 | UniBankLynnwood, WA | U&i Financial Corp | $393.0M | $322.6M | $28.2M | −$500.0K | −0.25% | −3.54% | 10.3% | 16% | 4 |
| 20 | Pacific Crest BankLynnwood, WA | Pacific Crest Bcorp Inc | $318.5M | $239.9M | $33.7M | $951.0K | 0.59% | 5.77% | 14.8% | 21% | 1 |
| 21 | RiverBankSpokane, WA | Riverbank Holding Co | $310.2M | $275.2M | $31.9M | $2.6M | 1.78% | 17.32% | – | 34% | 3 |
| 22 | State Bank NorthwestSpokane Valley, WA | State Bcorp Northwest | $223.0M | $185.4M | $31.8M | $1.4M | 2.40% | 17.49% | – | – | 6 |
| 23 | Liberty BankPoulsbo, WA | Liberty Northwest Bcorp Inc | $206.0M | $164.4M | $17.9M | $358.0K | 0.36% | 4.06% | 12.4% | 46% | 1 |
| 24 | Increase BankLongview, WA | Twin City Bcorp Inc | $150.7M | $135.4M | $14.5M | $226.0K | 0.39% | 3.15% | – | −0% | 1 |
| 25 | Portage BankBellevue, WA | Portage Bancshares Inc | $116.2M | $93.6M | $8.2M | $377.0K | 0.69% | 9.43% | 11.0% | 55% | 3 |
| 26 | Connect Community BankRaymond, WA | – | $72.7M | $69.7M | $2.7M | −$643.0K | −1.73% | −43.15% | 7.7% | 3% | 2 |
| 27 | Lamont Bank of St. JohnSaint John, WA | – | $51.1M | $49.7M | $919.0K | −$1.7M | −6.23% | −228.84% | 3.2% | 9% | 1 |
| 28 | Farmers State BankWinthrop, WA | – | $47.4M | $41.4M | $6.0M | $293.0K | 1.19% | 10.08% | – | 11% | 1 |
| 29 | Sound Banking CompanyLakewood, WA | – | $45.2M | $39.6M | $5.4M | $560.0K | 2.52% | 20.00% | 15.3% | 37% | 1 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in Washington
38 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| Oct 2, 2015 | Hometown National BankLongview, WA | WA | $3.8M | $3.7M | $994.7K | Twin City Bank | Purchase and assumption |
| Jan 11, 2013 | Westside Community BankUniversity Place, WA | WA | $91.9M | $91.9M | $22.9M | Sunwest Bank | Purchase and assumption |
| Aug 5, 2011 | Bank of WhitmanColfax, WA | WA | $548.6M | $515.7M | $100.9M | Columbia State Bank | Purchase and assumption |
| May 27, 2011 | First Heritage BankSnohomish, WA | WA | $173.5M | $163.3M | $33.6M | Columbia State Bank | Purchase and assumption |
| May 20, 2011 | Summit BankBurlington, WA | WA | $142.7M | $131.6M | $24.2M | Columbia State Bank | Purchase and assumption |
| Nov 5, 2010 | Pierce Commercial BankTacoma, WA | WA | $221.1M | $193.5M | $26.8M | Heritage Bank | Purchase and assumption |
| Oct 1, 2010 | Shoreline BankShoreline, WA | WA | $93.0M | $90.6M | $23.5M | GBC International Bank | Purchase and assumption |
| Sep 24, 2010 | North County BankArlington, WA | WA | $288.8M | $276.1M | $70.8M | Whidbey Island Bank | Purchase and assumption |
| Jul 30, 2010 | The Cowlitz BankLongview, WA | WA | $489.0M | $474.7M | $31.3M | Heritage Bank | Purchase and assumption |
| Jun 11, 2010 | Washington First International BankSeattle, WA | WA | $520.9M | $441.4M | $95.2M | East West Bank | Purchase and assumption |
| Apr 30, 2010 | Frontier BankEverett, WA | WA | $3.3B | $2.8B | $453.9M | Union Bank, National Association | Purchase and assumption |
| Apr 16, 2010 | City BankLynnwood, WA | WA | $981.9M | $919.6M | $155.0M | Whidbey Island Bank | Purchase and assumption |
| Feb 26, 2010 | Rainier Pacific BankTacoma, WA | WA | $717.8M | $446.2M | $2.8M | Umpqua Bank | Purchase and assumption |
| Jan 29, 2010 | American Marine BankBainbridge Island, WA | WA | $329.2M | $287.4M | $28.4M | Columbia State Bank | Purchase and assumption |
| Jan 22, 2010 | Evergreen BankSeattle, WA | WA | $396.0M | $340.4M | $43.4M | Umpqua Bank | Purchase and assumption |
| Jan 8, 2010 | Horizon BankBellingham, WA | WA | $1.2B | $1.0B | $205.5M | Washington Federal Savings and Loan Association | Purchase and assumption |
| Sep 11, 2009 | Venture BankLacey, WA | WA | $968.4M | $917.7M | $201.1M | First-Citizens Bank & Trust Company | Purchase and assumption |
| May 8, 2009 | Westsound BankBremerton, WA | WA | $334.6M | $304.5M | $81.0M | Kitsap Bank | Purchase and assumption |
| Jan 16, 2009 | Bank of Clark CountyVancouver, WA | WA | $441.1M | $377.5M | $150.7M | Umpqua Bank | Purchase and assumption, insured deposits |
| Jul 2, 1993 | Emerald City BankSeattle, WA | WA | $7.8M | $7.2M | $1.1M | Key Bank of Washington | Purchase and assumption, insured deposits |
| Feb 8, 1991 | Family S & LaSeattle, WA | WA | $99.6M | $60.5M | $3.6M | Puget Sound NB | Purchase and assumption |
| Feb 23, 1990 | Frontier FS & LaWalla Walla, WA | WA | $146.9M | $120.0M | $9.9K | Washington Mutual | Purchase and assumption |
| Mar 31, 1989 | Gibraltar Savings Bank, FSBSeattle, WA | WA | $1.7B | $1.4B | $59.3K | Branch Sale | Purchase and assumption |
| Dec 15, 1988 | Community First Fed SavingsVancouver, WA | WA | $386.0M | $308.1M | $73.3M | American Home Savings A FSB | Open-bank assistanceAssistance |
| Dec 14, 1988 | Eastern Washington S&LAWenatchee, WA | WA | $51.5M | $32.3M | $1.1M | First W FS&LA of Wenatchee | Open-bank assistanceAssistance |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in Washington
73 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | Boeing EmployeesTukwila, WA | State | $29.6B | 1,594,258 | $20.4B | $25.9B | 12.57% | $86.1M |
| 2 | GesaRichland, WA | State | $6.8B | 322,863 | $5.4B | $5.7B | 9.32% | $23.8M |
| 3 | Spokane TeachersLiberty Lake, WA | State | $6.4B | 313,593 | $5.2B | $5.4B | 10.38% | $21.3M |
| 4 | Washington State EmployeesOlympia, WA | State | $5.1B | 323,382 | $3.9B | $4.5B | 9.89% | $6.3M |
| 5 | NumericaSpokane Valley, WA | State | $4.3B | 179,425 | $3.5B | $3.7B | 12.03% | $21.6M |
| 6 | PeakLacey, WA | State | $4.2B | 267,643 | $3.4B | $3.7B | 11.31% | $6.1M |
| 7 | SoundTacoma, WA | State | $3.4B | 184,758 | $2.7B | $2.9B | 11.01% | $16.1M |
| 8 | Whatcom EducationalBellingham, WA | State | $3.4B | 170,493 | $2.8B | $2.7B | 11.21% | $11.4M |
| 9 | HarborstoneLakewood, WA | State | $3.1B | 121,878 | $2.4B | $2.6B | 9.34% | $800.8K |
| 10 | Hapo CommunityRichland, WA | State | $3.0B | 213,072 | $2.2B | $2.6B | 11.20% | $23.3M |
| 11 | Columbia CommunityVancouver, WA | State | $2.6B | 121,930 | $2.0B | $2.2B | 13.29% | $16.5M |
| 12 | KitsapBremerton, WA | State | $2.5B | 166,096 | $2.0B | $2.3B | 8.35% | $4.0M |
| 13 | IqVancouver, WA | State | $2.2B | 106,061 | $1.8B | $1.9B | 11.30% | $13.4M |
| 14 | HorizonSpokane Valley, WA | State | $2.0B | 104,357 | $1.6B | $1.6B | 13.08% | $6.3M |
| 15 | FibreLongview, WA | Federal | $1.8B | 120,991 | $1.3B | $1.6B | 13.65% | $8.5M |
| 16 | Red CanoeLongview, WA | State | $1.2B | 60,869 | $970.5M | $1.0B | 12.28% | $4.8M |
| 17 | Seattle MetropolitanSeattle, WA | State | $1.2B | 46,942 | $988.3M | $921.1M | 11.50% | $212.6K |
| 18 | SalalSeattle, WA | State | $1.2B | 63,475 | $953.8M | $1.0B | 9.19% | $3.3M |
| 19 | QualstarBothell, WA | State | $939.3M | 62,877 | $567.2M | $774.6M | 16.03% | $6.6M |
| 20 | SolarityYakima, WA | State | $803.5M | 45,534 | $675.7M | $618.8M | 17.60% | $17.9K |
| 21 | VeritySeattle, WA | State | $786.5M | 34,368 | $600.8M | $695.8M | 9.17% | $669.9K |
| 22 | TapcoFircrest, WA | State | $735.7M | 32,289 | $569.0M | $657.1M | 10.19% | $9.5M |
| 23 | America's Credit Union, ADupont, WA | Federal | $709.5M | 29,338 | $570.3M | $575.8M | 10.62% | $2.0M |
| 24 | O BeeLacey, WA | State | $676.6M | 36,634 | $603.2M | $571.9M | 8.48% | $2.0M |
| 25 | Our CommunityShelton, WA | State | $638.3M | 31,656 | $224.8M | $551.8M | 12.67% | $3.7M |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".