What Are The Best Banks In Seattle?

If you live in Seattle and want to open an account or would like to do any work related to the Bank, read this article to learn about the best Banks in Seattle.

Finding trustworthy banks in Seattle is becoming a more challenging effort as time passes, especially with over 500 bank branches spread around the city. We must first understand the parameters to determine the best banks in Seattle. The most critical factors are customer service and access to credit. If a bank provides excellent customer service and allows them to access credit easily, it will be very successful.

Many people use banks as their primary method of storing money or paying bills. The better these banks provide services like these, the more value they have for their customers. They are more likely to succeed in the long term than other banks that may provide similar services but aren’t as well-known or respected by others who use them.

Smaller banks have preferred Seattle over their more well-known competitors.  To determine the best banks in Seattle, you can consider each bank’s accessibility to branches and ATMs, account minimums, fees, and interest rates.

What is the most popular bank in Seattle?

The most popular bank in Seattle is Bank of America.

Image Source: Business Recorder
Image Source: Business Recorder

Bank of America is a massive and famous bank with many branches across the city. It offers a full range of banking services, including checking accounts, savings accounts, debit cards, and overdraft protection. Its other features include free online bill pay, mobile check deposits, and mobile deposit capability.

The bank also has excellent customer service available 24/7 by phone or online chat. The company has several websites where customers can access account information or make deposits anytime.

According to a survey by Bank of America, the most popular bank in Seattle is Bank of America. The survey was conducted among 2,000 Seattle residents, and it found that 41% of respondents had accounts with this bank.

The survey also found that 83% of Seattle residents were satisfied or very satisfied with their relationship with Bank of America. It compares favorably to other banks in the market and financial institutions.

Which is the best national bank in Seattle?

Image Source: PYMNTS.com
Image Source: PYMNTS.com

The best national bank in Seattle is Chase Bank.

Chase has a wide selection of banking services tailored to your specific needs, and they offer competitive interest rates on loans, savings accounts, and credit cards. Plus, they have a great mobile banking app that efficiently manages your bills from anywhere.

Chase is an excellent bank because it has many branches, including two downtown and one near the University of Washington. The branch near the university is apparent; it gives students an easy way to access their accounts while at school.

Chase also offers mobile banking through their app, which is helpful for people who don’t have access to a computer or smartphone. It can benefit those who don’t want to carry a laptop or tablet device all day.

Chase also offers outstanding customer service and online banking options that make it easy for customers to manage their accounts from anywhere at any time of day or night.

The branch near the university also has an ATM inside, so students can withdraw cash easily when needed without going outside into traffic or waiting for an ATM on campus. This feature is handy during exam periods when students may need cell service or cannot get online access for several hours.

Chase Bank offers various services, including checking accounts, savings accounts, credit cards, and loans. It can open Chase’s Checking account with a minimum opening deposit of $25 and requires only a $10 monthly fee for the first year. The account pays interest at an annual percentage rate (APR) of 3% on balances up to $10,000. The APR increases to 5% on balances above this amount, and the minimum balance requirement has been waived for Chase Premier Plus Checking customers.

Chase’s Savings Account offers interest rates between 0.25% and 2%, depending on how much money is being saved. It also provides one free monthly personal check and free online banking and mobile access via the Chase Mobile app. The minimum opening deposit is only $100; no monthly fees are associated with this account type.

Image Source: Canva
Image Source: Canva


  • 129 locations in the Seattle area
  • Various accounts, including bank accounts for students
  • The features are simple to use on mobile and the web.


  • More excellent interest rates are available at other banks
  • Although there are methods to get these waived, monthly service fees are.
  • Required account minimums

If you spend money using them frequently over time, Chase offers several different credit cards with cash-back rewards or other perks like travel insurance or extended warranties. These include

  • The Chase Sapphire Reserve® Card
  • The Ink Business Preferred® Card
  • The Ink Business Unlimited™ Credit Card
  • The Ink Business Cash Back Rewards™
  • Mastercard®.

What is the best regional bank in Seattle?

Image Source: The Business Journals
Image Source: The Business Journals

Columbia Bank is the best regional bank in Seattle for many reasons. First and foremost, it has an excellent reputation as one of the most trusted banks in the area. Its branch locations are throughout Seattle, and its headquarters are in downtown Seattle. Columbia Bank offers different banking services, such as checking accounts, savings accounts, and certificates of deposit (CDs) which can help you build your financial future by saving money on interest expenses.

Columbia Bank also provides loans to individuals and businesses that need cash quickly. Columbia Bank may be your best bet if you’re looking for a loan with low payments and low-interest rates because they offer very competitive rates. Furthermore, Columbia Bank also offers business loans that can help small businesses expand their reach across the country.

As a privately-owned financial bank, it offers various services, including checking accounts, savings accounts, and certificates of deposits. It also has a variety of loans that can be used to buy cars and homes and pay off credit card debts. The bank has branches across the Seattle area, offering its products in convenient locations for those living there or visiting for business purposes.

Columbia Bank offers various financial products, including checking accounts, mortgages, savings accounts, and credit cards. The bank also has a solid commitment to community involvement. Columbia Bank was one of the first banks in Seattle to offer a “community development” program allowing residents to donate their surplus funds through their accounts or make charitable donations with debit cards.


  • Lower account than comparable competitors
  • Several different account options


  • Only Washington, Oregon, and Idaho are included among its 140+ sites
  • Other banks provide reports with better earnings.

What are the benefits of opening an account with Seattle Bank?

The benefits of opening an account with Seattle Bank are plentiful:

First and foremost, you’ll enjoy the security of knowing that your money is safe from hackers, identity theft, and other online threats. With Seattle Bank’s high security and encryption, It will always protect your personal information.

You’ll also benefit from easy access to your funds whenever needed. Whether you’re busy planning a trip or just want to check on the status of your checking account balances, Seattle Bank makes it easy with its online banking services.

Finally, it’s important to remember that depositing money into an account can be difficult if you don’t have the right tools. That’s why Seattle Bank offers free checks so customers can quickly deposit cash at any branch location!

The Seattle bank has been working hard to keep up with the latest technologies, which has allowed them to develop some of the best online banking systems. They have developed an online banking system that is easy to use and can be accessed by anyone who wants to use it.

This system allows you to check your account balance, transfer money between accounts, pay bills online, make payments online, and much more. You can even deposit checks directly into your account when you need them!

The Seattle Bank is committed to providing quality service at all times, and they have always tried to keep up with modern technology to provide their customers with the best possible service.

What makes a bank a good bank?

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The first step in determining the best banks in Seattle is to analyze your finances and credit history. It’s also important to consider how much you’re willing to spend on a bank account each month and how often you can expect to use it.

If you’re looking for a bank with lower fees and higher interest rates, it may be worth looking at banks that have been around for longer or have more locations around the city. If you want a bank with more branches or locations, remember that some banks are better for customers who travel regularly or make large purchases frequently. If this sounds like you, then choose a bank with locations near where most of your business takes place!

Another critical factor is whether or not an account comes with checking services. Many people prefer checking accounts because they offer free debit cards and other perks like direct deposit access and 24/7 access via automated menus.

If this sounds like something that would be useful for you, then make sure the bank offers both checking and savings accounts so that you can contribute money if necessary without having to pay any fees!

What are some of the biggest banks in Seattle?

Here are some of the biggest banks in Seattle:

  • WaFd Bank
  • Banner Bank
  • Washington Trust Bank

WaFd Bank

Image Source: WaFd Bank
Image Source: WaFd Bank

A bank holding company for Washington Federal, NA., which offers lending, depository, insurance, banking, and financial goods and services, is Washington Federal, Inc. It provides credit solutions, treasury management, checking and savings accounts, mortgages, credit cards, retirement, money markets, mobile and internet banking, real estate and equipment financing, and money markets. Seattle, Washington, serves as the company’s headquarters. It was established on April 24, 1917

How to create your budget with WaFd Bank?

Image source: Canva
Image source: Canva
Examine your income and spending

Before creating your budget, it’s critical to comprehend how much money you make each month compared to how much you spend.

Make a list of your estimated monthly expenses for this purpose, being sure to categorize them so you can understand where your money is going. Some examples are mortgage/rent, insurance, taxes, utilities, childcare costs, food, gas, auto payments, credit card bills, entertainment, retirement savings, and contributions to 529 college savings programs.

Once or twice a year, payments for expenditures like auto insurance should be divided by 12 to determine the monthly payment amount. Calculate your monthly revenue by deducting your monthly costs. If you are unpaid every month, divide your annual income by 12 to determine your likely monthly earnings.

Using this calculator, you can more accurately determine if you need to reduce some of your spendings or have a surplus of money.

Set up a budget

You are prepared to create a monthly budget now that you have a more transparent financial situation.

  • Step 1: Take into consideration using the 50-30-20 or 70-20-10 budgeting strategies, which both make sure you are setting money aside in savings. A decent general rule of thumb has savings that can pay for three to six months of spending.
  • Step 2: Find a budgeting program or make a worksheet to include your average monthly sources of income and outgoing costs.

You may plan and track your spending with the free online budgeting application MoneySync from WaFd Bank. You may rapidly classify your expenses using the tool, such as those for entertainment or meals. You can determine which credit card or loan you should pay off by creating several debt situations.

  • Step 3: Describe in writing (or electronically) what you anticipate earning, spending, and saving each month. Record your earnings and outgoings daily or at predetermined intervals throughout the month.

Make changes as necessary

Image source: Canva
Image source: Canva

A budget is excellent because It can always be changed. A budget enables you to visually identify where It might make modifications to free up the necessary finances if you encounter unforeseen expenses. It can entail finding additional ways to cut your present expenditure or reduce your savings contributions for a spell and your entertainment spending for a few months.

If you stray from your budget, don’t stress. It’s never too late to go back on track because tomorrow is a brand-new day.

Banner Bank

Image Source: Banner Bank Locations
Image Source: Banner Bank Locations

If you have heard of Banner Bank, you probably want to know how they compare to larger, more well-known banks like Bank of America, JP Morgan, and others. Even if Banner is less prominent, it may still be able to meet your financial demands.

The corporation is headquartered in Washington state and has offices and branches in three other states in the Pacific Northwest. Oregon and Idaho make up the other two states. What features does Banner Bank offer, and how does it stack up against the competition? In addition to the specific personal banking services you would anticipate from them, you can also get investment advice from them and invest through them.

When preparing for retirement, consider opening an IRA or a CD via them, which generally offer better interest rates than a regular bank account. Despite earning more significant interest than a savings account, both options are still reasonably safe compared to other high-risk, high-reward investments.

Depending on your financial circumstances and how quickly you’ll need the money, you can get one for as little as a week or as long as ten years. Both of these are much more constrained than the stock market or real estate investing, but they are also a much safer alternative, so if you don’t know much about investing, I’d suggest these possibilities.

International banking is a further service banner bank provides that can be useful when going abroad. It is what? To be able to conduct business and manage money elsewhere, they have collaborated with the more prominent bank Citigroup.

One of these characteristics is obtaining a letter of credit, which makes it simpler to make purchases abroad. Many banks do not provide this service, so it can be helpful if you frequently travel abroad or even once. Of course, Banner Bank provides the standard online banking capabilities you’ve probably come to expect in most banks today.

What are the benefits of choosing Banner Bank?

  • It seems easy. If we screw up, we’ll admit it and work with clients to fix it.
  • They demand nothing less of one another and promise an open line of communication with their clients, acting with the utmost integrity to safeguard your privacy and your money.
  • They treat their customers, vendors, and workers respectfully and with dignity.
  • They constantly strive to enhance all we do.
  • Gaining and maintaining the confidence of our customers, staff, and shareholders is essential to their continued success. Forbes recognized them as one of the “50 Most Reliable Financial Institutions in the Country”.
  • They understand that to meet the needs of their clients, they depend on one another. Their teams collaborate across business units and geographical boundaries to ensure clients receive the finest service and product options.

The Banner Bank is an energetic full-service financial organization; Banner Bank operates safely, economically, and with mutual honesty. They will deliver top-notch goods and services to their esteemed customers by working as a team. It will prioritize strong client relationships and extensive community involvement. They’ll foster an environment that draws people in and offers them possibilities for growth. Their achievement will increase shareholder value over the long run.

Washington Trust Bank

Image Source: North County Outlook
Image Source: North County Outlook

The headquarters of the American financial services holding corporation Washington Trust Bank is in Spokane, Washington. With over 40 financial centers and offices across Washington, Idaho, and Oregon, it is the oldest and biggest privately held commercial bank in the Pacific Northwest.

As The Washington Trust Company, Washington Trust opened its doors in 1902. Peter F. Stanton, the current CEO, is the bank’s fourth CEO to come from the Stanton family.

The bank has locations in Idaho, Oregon, and Washington. While the first Portland office debuted in 2004, the first ones in Idaho opened their doors in 1989. With the construction of offices in Seattle in 2000 and Bellevue in 2004, Washington Trust also expanded into the Puget Sound region.

The bank provides personal and business banking, mortgage loans, private banking, wealth management, consulting services, trust services, and investment services, among other benefits. Since 2009, Washington Trust has led Spokane County in deposits.

Benefits Of Washington Trust Bank

  1. A WTB debit card with EMV technology can help safeguard you against fraud at the time of transactions.
  2. Access 24 hours your accounts via WTB Online and Mobile banking (fees may apply to some mobile service providers)
  3. Free basic bill payment. Set up bill payments and notifications to control your payment schedule.
  4. Automated telephone banking access for transferring money, checking balances, and reviewing earlier transactions
  5. You may access eStatement from your online banking profile.


Which Seattle bank has the greatest popularity?

Chase Bank has the greatest popularity that offers the most branches, and Chase Bank is the national bank in Seattle.

How many banks are in Seattle?

More than 40 banks and 65 credit unions with their main branches in Seattle. Some of these are HomeStreet Bank, Boeing Employees Credit Union, Heritage Bank, Columbia State Bank, and others.

Is there a Bank of America in Seattle?

Yes, Bank of America financial center features drive via ATM and teller. It is simple to handle a wide variety of economic demands.

What was the first Settle National Bank?

In 1870, Dexter Horton founded Seattle’s first actual bank. The incorporated company’s original name was first Seattle Dexter Horton National Bank.

What is Seattle Bank’s Revenue?

The yearly income of Seattle Bank is $8.5M.


Thus, there are many options for the best banks in Seattle to choose from. You can select any bank according to your requirements and future planning. Always take the information from the staff about your queries so you may better understand the rules and terms.

John Otero

John Otero

John Otero is an industry practitioner with more than 15 years of experience in the insurance industry. He has held various senior management roles both in the insurance companies and insurance brokers during this span of time. He began his insurance career in 2004 as an office assistant at an agency in her hometown of Duluth, MN. He got licensed as a producer while working at that agency and progressed to serve as an office manager. Working in the agency is how he fell in love with the industry. He saw firsthand the good that insurance consumers experienced by having the proper protection. John has diverse experience in corporate & consumer insurance services, across a range of vocations. His specialties include Major Corporate risk management and insurance programs, and Financial Lines He has been instrumental in making his firm as one of the leading organizations in the country in generating sustainable rapid growth of the company while maintaining service excellence to clients.