Seattle Bank Rates and Review March 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Seattle Bank's 12-Month Certificate of Deposit rates are at 3.75%, Business Certificates of Deposit 12-Month rates are at 3.75%, 18-Month Certificate of Deposit rates are at 3.65%, 24-Month Certificate of Deposit rates are at 3.50%, 36-Month Certificate of Deposit rates are at 3.50%. MonitorBankRates evaluates the financial stability of Seattle Bank with a 3.7 Star Rating, an C- Overall Health Grade, and a Texas Ratio of 30.78%. Rates were last updated on 03/05/2026.
Rate Updates and AvailabilitySeattle Bank money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Seattle Bank? Share your experience about Seattle Bank by leaving a review below, or read customer reviews before you decide to use Seattle Bank. Seattle Bank Texas RatioSeattle Bank's Texas Ratio is at 30.78%, which is considered fair. The Texas Ratio for Seattle Bank is higher than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. MonitorBankRates Rating
3.7
Very Good
Out of 5.0 Stars
Seattle Bank has earned a Smart Rating of 3.7 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Overall, Seattle Bank is a very good bank worth considering, with an overall rating of 3.7 stars out of 5 stars. Overall Health & Safety Grade
C-
Below Average Health
Score: 71/100
Seattle Bank has earned an overall safety grade of C-. This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability. Current Interest RatesRate
APY/APR
vs. Avg
"N/A" indicates the product is not offered or the rate is unavailable. Rates Last Updated: 03/05/2026 
Seattle Bank CD Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Seattle Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Seattle Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Seattle Bank's official website for the most current offers and terms.
Bank Profile & OverviewSeattle Bank
401 Union StreetSeattle, WA 98101 King Established Date: 08/02/1999 FDIC Certificate #: 35139 Date of FDIC Deposit Insurance: 08/02/1999 Bank Holding Company: SEATTLE BANCSHARES INC How Many Domestic U.S. Offices? 2 How Many Branches are There? 2 Website: https://www.seattlebank.com
Is Seattle Bank FDIC Insured? Yes
What is Seattle Bank's Cert number? 35139
What is the maximum amount for insured deposits? $250,000 per holder, per account
Financial Health & AssetsMonitorBankRates Star Rating:
3.7 / 5.0 ★
Overall Health & Safety Grade:
C- (71/100)
Texas Ratio:
30.78%
Return on Assets (ROA):
1.0759%
Return on Equity (ROE):
9.5000%
Non-Performing Loans (NPL):
2.23%
Total Assets:
$1,035,314,000
Total Deposits:
$931,103,000
Equity Capital:
$91,800,000
Net Income:
$2,602,000
Headquarters:
Seattle
Regulator:
FDIC
# of Offices:
2
Source: FDIC | Last Updated 12/31/2025
Customer ReviewstgeM
December 17, 2025
REpt
tom A
December 14, 2023
tried unsuccessfully for almost 2 weeks to open a cd——could not do online—emailed numerous times asking for some help---no response from supposed customer service line
Add Your Rating and Review for Seattle Bank
Frequently Asked Questions About Seattle BankHow do I open an account at Seattle Bank?You can typically open an account at Seattle Bank by visiting a local branch or applying through their official website. Is there a first-time homebuyer program?Currently, Seattle Bank provides a range of mortgage and home equity products. Is Seattle Bank a safe place to deposit money?Yes, Seattle Bank is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor. Does Seattle Bank offer online and mobile banking?Most modern institutions like Seattle Bank provide digital access including online balance checks and transfers. Compare to other Banks |
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