Seattle Banks

Most people have a preference when it comes to where they like to bank. Some enjoy the nationwide presence of national chains, while others may actually belong to a credit union. A large number of local residents happen to prefer the smaller, community-oriented Seattle banks.

Are you looking for the top bank rates near you? There are currently 19 banks in Seattle today that supply rates data to Seattle Banking Rates. Below is a look at the average rates and highest rates for deposit accounts among those banks.
Current Average CD & Savings Rates at Seattle Banks

There are thousands of financial institutions throughout the U.S., several of which are probably in your home town. From bustling cities to tiny suburbs, there’s no shortage of banks and credit unions nearby. So when you’re trying to maximize your deposits and find the highest interest rates to help them grow, how do you know where to go? Below, Seattle Banking Rates has compared the average bank rates in Seattle with those at local credit unions to find out whether community banks or CUs have the best overall interest rates to offer.

Whidbey Island Bank is a community financial institution that focuses on providing each customer friendly and individualized service, but that doesn’t mean they aren’t also on the cutting edge of technological banking services. Whidbey has a host of online banking services that members can use to manage accounts 24/7 from anywhere with internet access. Here’s a look at what this bank has to offer.

With a rash of big corporations being hacked due to their security vulnerabilities, it is a good idea to go over some of the ways in which Whidbey Island Bank keeps its bank members safe from the perils of the Internet.

The most common way people put their bank information in jeopardy is by failing to recognize the following: Whidbey Island Bank will never ask for your user ID, account number or PIN number via e-mail or by phone. If someone calls posing from your bank asking for this information, hang up and contact the bank immediately.

These days, most banks are dropping interest rates on deposit accounts, which is why it’s so important to know which ones still have competitive offers. Locating the Seattle banks with the highest interest rates will ensure you’re always growing your savings to its full potential.

When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.

However, finding the best CD rates in Seattle can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.

Founded in 1960, Whidbey Island Bank is a bank in Washington State that was established by residents looking for a financial institution that would serve local needs. Since then, the bank has grown to more than 30 branches across six counties across the state.

Whidbey Island Bank offers a host of services to its clients including online checking and savings accounts, consumer loans, IRAs and CD accounts and mortgage. If you’re considering opening an online account with Whidbey, start with their online demo:

When it comes to finding the highest interest rates on deposit accounts and loans, a great place to start your search is at your local bank. Local banks, like those found in Seattle, often operate with the goal of supporting the surrounding community financially by offering affordable products and services to residents.