Bank · FDIC insured
Sound Community Bank
A $1.1B bank headquartered in Seattle, WA, with 8 branches in Washington. Best rates: savings 0.10% APY.
Sound Community Bank Carrot Score
60
Carrot Score
Higher than 2% of U.S. banks and credit unions
#60 of 62 in Seattle, WA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Sound Community Bank
Founded in 1953 as a credit union to serve Associated Grocers employees, Sound Community Bank is a wholly owned subsidiary of NASDAQ-listed Sound Financial Bancorp Inc.
The bank serves over 25,000 households and businesses across seven retail branches and one loan production office, offering consumer, residential, and business loans.
- Headquarters
- 2400 3rd Ave, Seattle, WA 98121
- FDIC certificate
- 57451 ↗
Branches
8 branches in Washington
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Washington
8 branches
Seattle area · 4
- Cedar Plaza22807 44th Ave W, Mountlake Terrace, WA 98043Directions
- Belltown2400 3rd Ave, Seattle, WA 98121Directions
- Downtown Seattle Office2001 5th Ave, Seattle, WA 98121Directions
- University Place Branch4922 Bridgeport Way W, University Place, WA 98467Directions
Port Angeles area · 3
- Port Angeles Branch110 N Alder St, Port Angeles, WA 98362Directions
- Creekside990 E Washington St, Sequim, WA 98382Directions
- Sequim Village Branch645 W Washington St, Sequim, WA 98382Directions
Port Townsend area · 1
- Port Ludlow Branch9500 Oak Bay Rd, Port Ludlow, WA 98365Directions
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 | 10.93% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.90% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.87% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $95 | $88 | — |
- CapitalLeverage ratio10.93%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.90%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.87%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$95Peers’ 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 Sound Community Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.