Featured Savings Rates
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Anchor Bank

Popular Accounts at this Bank

2.02%5-year CD60 Month CD
0.20%1-year CD12 Month Ladder CD
0.15%SavingsStatement Savings

Overview / Commentary
100 West First Street
Aberdeen, WA 98520

Anchor Bank is headquartered in Aberdeen and is the 24th largest bank in the state of Washington. It is also the 1,537th largest bank in the nation. It was established in 1907 and as of June of 2017, it had grown to 103 employees at 10 locations. Anchor Bank has an A+ health rating.

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Reviews (1)

Mediocre bank

After having banked with Anchor Bank for over 5 years, I walked away from the experience not having much to say. The customer service was always ok, but nothing ever stood out. I probably would have continued to use this bank to this day, but I had a bad experience in regards to an overdraft fee that they would not remove, which made me want to start looking for another bank. When I asked them if they could remove the overdraft fee they refused, and I told them at that time I would be leaving. They made no attempt to stop me.

Their mobile experience is sub-par, with the Android app looking like it's stuck in the early 2005's. They do offer services such as bill pay, and external transfers, but so does everyone nowadays. Like I said before, they are mediocre. Nothing stands out. I guess that's what a local bank is, really. Just a place to park your money and hope nothing happens.


Health Grade Components

FDIC Certificate #28454
Year Established1907
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD5.71%
Annual Interest Income$10.8MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$461.7MM$431.0MM
LoansQ2 2017vs Q2 2016$379.5MM$349.3MM
DepositsQ2 2017vs Q2 2016$349.8MM$305.2MM
Equity CapitalQ2 2017vs Q2 2016$61.5MM$59.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$4.1MM$3.8MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.2MM$2.0MM
Real Estate OwnedQ2 2017vs Q2 2016$867.00K$373.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Anchor Bank Savings Account Rates

0.15%$100-Statement Savings
0.15%*$15k*-Health Savings Account
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $15k
0.10%--Youth Savings

Anchor Bank Money Market Rates

1.01%$25k-Relationship Money Market- New Money Only
0.15%*$50k*-Golden Money Market Tiered Rates
OTHER TIERS: 0.05% $1k - $10k | 0.10% $10k - $50k
0.15%*$50k*-Trade Wind Money Market Tiered Rates
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k
0.15%*$100k*-Navigator Money Market
OTHER TIERS: 0.05% $1k - $25k | 0.10% $25k - $100k

Anchor Bank Checking Account Rates

0.05%$1k-Interest Checking
0.05%$1k-Interest Business Checking

Anchor Bank CD Rates

2.02%$500-60 Month CD
1.36%$500-48 Month CD
1.28%$500-16 Month Flex CD
1.16%$500-36 Month CD
0.50%$500-18 Month CD
0.50%$10k-30 Month Powerhouse CD
0.45%$500-30 Month CD
0.35%*$50k*-12 Month CD
OTHER TIERS: 0.20% $500 - $10k | 0.25% $10k - $25k | 0.30% $25k - $50k
0.35%$500-20 Month Advantage CD
0.35%$10k-24 Month Ladder CD
0.30%$10k-18 Month Ladder CD
0.25%$500-11 Month Advantage CD
0.25%$2k-24 Month Bump Fixed CD
0.20%$10k-12 Month Ladder CD
0.15%$10k-6 Month Ladder CD
0.10%$500-6 Month CD
0.10%$500-9 Month CD
0.10%$250-12 Month Wealth Builder Fixed CD

Anchor Bank IRA Rates

2.02%$100-60 Month IRA
1.60%$50-18 Month Variable IRA
1.36%$100-48 Month IRA
0.50%$50-18 Month IRA
0.45%$100-30 Month IRA
0.25%$50-24 Month Growth IRA

Cities: Aberdeen, Centralia, Elma, Lacey, Montesano, Ocean Shores, Olympia, Puyallup, Shelton, Westport

Aberdeen Branches
Anchor Bank100 West First StreetAberdeen, WA 98520

Centralia Branches
07 - Centralia Branch604 South Tower AvenueCentralia, WA 98531

Elma Branches
02 - Elma BranchThird and Eaton StreetsElma, WA 98541

Lacey Branches
06 - Lacey Branch649 Woodland Square Loop SoutheastLacey, WA 98503

Montesano Branches
08 - Montesano Branch211-B Pioneer Avenue EastMontesano, WA 98563

Ocean Shores Branches
05 - Ocean Shores Branch698 Ocean Shores BoulevardOcean Shores, WA 98569

Olympia Branches
04 - Olympia Branch2610 Harrison Avenue Northwest At KenyonOlympia, WA 98502

Puyallup Branches
Puyallup Branch10514 156th Street EastPuyallup, WA 98374

Shelton Branches
13 - Shelton Branch100 E Wallace Kneeland BlvdShelton, WA 98584

Westport Branches
03 - Westport BranchMontesano and WashingtonWestport, WA 98595