Bank · FDIC insured
Peoples Bank
A $2.4B bank headquartered in Bellingham, WA, with 23 branches in Washington. Best rates: CDs 2.30% and savings 0.20% APY.
Peoples Bank Carrot Score
62
Carrot Score
Higher than 7% of U.S. banks and credit unions
#15 of 18 in Bellingham, WA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Peoples Bank
Founded in 1921 in Lynden, Washington, Peoples Bank emerged from the collective vision of townspeople seeking a competitive choice to meet their banking needs.
The closely held, locally owned bank has been guided across three generations of the LeCocq family, beginning with Irwin LeCocq Sr. in 1938.
Operating 23 branches across Washington, the bank provides business banking, retail banking, and home lending to Whatcom, Skagit, Island, Snohomish, King, Chelan, and Douglas counties.
- Headquarters
- 3100 Woburn St, Bellingham, WA 98226
- FDIC certificate
- 6158 ↗
Branches
23 branches in Washington
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Washington
23 branches
Bellingham area · 9
- Peoples BankMain office3100 Woburn St, Bellingham, WA 98226Directions
- Cordata Office4183 Meridian St, Bellingham, WA 98226Directions
- Downtown Bellingham Office1333 Cornwall Ave, Bellingham, WA 98225Directions
- Fairhaven Branch1315 12th St, Bellingham, WA 98225Directions
- Everson Office200 E Main St, Everson, WA 98247Directions
- Ferndale Office1895 Main St, Ferndale, WA 98248Directions
- Fairway Office1700 Front St, Lynden, WA 98264Directions
- Lynden Financial Center Branch418 Grover St, Lynden, WA 98264Directions
- West Lynden Office8070 Guide Meridian Rd, Lynden, WA 98264Directions
Seattle area · 6
- Smokey Point Branch4824 Longhouse Trail Ln Ne, Arlington, WA 98223Directions
- Edmonds Office201 Main St, Edmonds, WA 98020Directions
- Everett Branch2702 Colby Ave, Everett, WA 98201Directions
- Mill Creek Office15506 Main St Ste 105, Mill Creek, WA 98012Directions
- Ballard Office5600 24th Ave Nw, Seattle, WA 98107Directions
- Snohomish Office2801 Bickford Ave, Snohomish, WA 98290Directions
Mount Vernon area · 4
- Anacortes Office1218 Commercial Ave, Anacortes, WA 98221Directions
- Burlington Office822 S Burlington Blvd, Burlington, WA 98233Directions
- Mount Vernon Haggen Office2601 E Division St, Mount Vernon, WA 98274Directions
- Mount Vernon Office1801 Riverside Dr, Mount Vernon, WA 98273Directions
Oak Harbor area · 2
- Coupeville Office107 S Main St, Coupeville, WA 98239Directions
- Oak Harbor Office Branch570 Ne Midway Blvd, Oak Harbor, WA 98277Directions
Wenatchee area · 2
- East Wenatchee Branch337 Valley Mall Pkwy, East Wenatchee, WA 98802Directions
- Wenatchee Office901 N Mission St, Wenatchee, WA 98801Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 13.27% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.11% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.96% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $93 | $88 | — |
- CapitalLeverage ratio13.27%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.11%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.96%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$93Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Peoples Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.