Explore the banking institutions serving the Seattle commercial real estate market. The rankings below use FDIC data to compare institutions by assets, deposits, branch presence, and CRE lending — not by CRE lending activity itself, which FDIC data can only establish for banks actually headquartered here.
Largest Banking Institutions in Seattle, by Assets
Institutions headquartered in the Seattle metro. Ranked by total (bank-wide) assets — not a measure of Seattle-specific size, which FDIC data can't establish (see Sources).
| # | Institution | Total assets |
|---|---|---|
| 1 | WaFd Bank | $27.58bn |
| 2 | Coastal Community Bank | $5.45bn |
| 3 | 1st Security Bank of Washington | $3.18bn |
| 4 | Sound Community Bank | $1.07bn |
| 5 | Mountain Pacific Bank | $0.90bn |
| 6 | Seattle Bank | $0.89bn |
| 7 | Commencement Bank | $0.74bn |
| 8 | UniBank | $0.39bn |
| 9 | Pacific Crest Bank | $0.32bn |
| 10 | Portage Bank | $0.12bn |
| 11 | Sound Banking Company | $0.05bn |
Largest CRE Books, Headquartered in Seattle
Same population as the assets table above — not branch presence, which would seat a national bank's entire balance sheet here on the strength of a single branch. Ranked by current-quarter investor CRE loans (construction, multifamily, non-owner-occupied commercial), $100 million floor.
| # | Institution | CRE book |
|---|---|---|
| 1 | WaFd Bank | $9.07bn |
| 2 | Coastal Community Bank | $1.14bn |
| 3 | 1st Security Bank of Washington | $0.88bn |
| 4 | Sound Community Bank | $0.36bn |
| 5 | Mountain Pacific Bank | $0.34bn |
| 6 | Commencement Bank | $0.20bn |
| 7 | Seattle Bank | $0.18bn |
| 8 | Pacific Crest Bank | $0.17bn |
| 9 | UniBank | $0.12bn |
9 money-center/specialty charters excluded from population, same list as the state CRE-size pages.
Largest Banks in Seattle, by Deposits
Institutions with at least one Seattle branch. Ranked by deposits actually booked at a Seattle office — real local presence, unlike the assets table above.
| # | Institution | Seattle deposits | Seattle branches | Largest office |
|---|---|---|---|---|
| 1 | Bank of America, National Association | $36.88bn | 93 | 33% |
| 2 | JPMorgan Chase Bank, National Association | $23.19bn | 96 | 13% |
| 3 | Wells Fargo Bank, National Association | $15.79bn | 78 | 31% |
| 4 | U.S. Bank National Association | $15.53bn | 70 | 43% |
| 5 | KeyBank National Association | $8.53bn | 93 | 31% |
| 6 | Columbia Bank | $7.25bn | 48 | 13% |
| 7 | WaFd Bank | $6.40bn | 37 | 59% |
| 8 | Coastal Community Bank | $3.88bn | 13 | 64% |
| 9 | HomeStreet Banknow Mechanics Bank | $3.24bn | 27 | 38% |
| 10 | Heritage Bank | $2.55bn | 22 | 16% |
| 11 | Washington Trust Bank | $2.22bn | 3 | 57% |
| 12 | East West Bank | $2.21bn | 4 | 31% |
| 13 | Banner Bank | $2.03bn | 19 | 15% |
| 14 | 1st Security Bank of Washington | $1.23bn | 8 | 56% |
| 15 | Zions Bancorporation, N.A. | $0.98bn | 2 | 89% |
WaFd Bank: $3.8B of its Seattle deposits are booked at a single Seattle office; its other 36 Seattle branches hold $2.6B. Coastal Community Bank: $2.5B of its Seattle deposits are booked at a single Everett office; its other 12 Seattle branches hold $1.4B. Deposits are as FDIC reports them, by the office where they are booked - not necessarily where the underlying relationship or customer is.
Banks With the Most Seattle Branches
Same population as the deposits table above, ranked by branch count.
| # | Institution | Seattle branches | Seattle deposits |
|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | 96 | $23.19bn |
| 2 | KeyBank National Association | 93 | $8.53bn |
| 3 | Bank of America, National Association | 93 | $36.88bn |
| 4 | Wells Fargo Bank, National Association | 78 | $15.79bn |
| 5 | U.S. Bank National Association | 70 | $15.53bn |
| 6 | Columbia Bank | 48 | $7.25bn |
| 7 | WaFd Bank | 37 | $6.40bn |
| 8 | HomeStreet Banknow Mechanics Bank | 27 | $3.24bn |
| 9 | Heritage Bank | 22 | $2.55bn |
| 10 | Banner Bank | 19 | $2.03bn |
| 11 | Coastal Community Bank | 13 | $3.88bn |
| 12 | Pacific Premier Bank, National Associationnow Columbia Bank | 8 | $0.41bn |
| 13 | 1st Security Bank of Washington | 8 | $1.23bn |
| 14 | Timberland Bank | 6 | $0.43bn |
| 15 | Sound Community Bank | 6 | $0.40bn |
Pacific Premier Bank, National Association became part of Columbia Bank in September 2025; combined they held 56 Seattle branches at June 2025.
What does this mean for CRE borrowers?
Bank size, deposits, and local branch presence are useful indicators of an institution's scale and footprint in Seattle, but they don't tell you a bank's CRE lending appetite, property-type focus, or how it prices a deal like yours. A bank near the top of these lists may not lend on your property type at all; a bank you've never heard of may be exactly the right fit. Use Lender Compass to identify lenders based on property type, loan type, geography, and other deal characteristics — not bank size alone.
Sources & methodology
Geography: the Seattle-Tacoma-Bellevue MSA (FDIC MSA code 42660) — not statewide, not a hand-assembled county list. Every branch and institution figure above is scoped to this MSA using FDIC's own MSA classification.
Assets and CRE book tables use institutions whose main office is registered in the Seattle MSA, not merely a branch — a bank's total assets or CRE book has no geographic allocation to a single branch, so a branch-presence population would seat a national bank's entire balance sheet here on the strength of one office. Active institutions only, checked against FDIC's current status, not a fixed list — a bank that merges away next quarter drops out automatically.
Deposits and branch-count tables use any institution with a Seattle branch, since FDIC's Summary of Deposits survey specifically allocates deposits to the office where they're booked — the one figure that genuinely reflects local presence. Recently-merged institutions are shown under their prior charter with the successor named, since the historical Seattle presence is real regardless of what happened to the charter since; when the successor also lands in the same table, a note states the combined figure.
CRE book means investor commercial real estate loans — construction & land development, multifamily (5+ unit residential), and non-owner-occupied commercial property — per FDIC Call Report Schedule RC-C. It excludes owner-occupied CRE, which is reported separately and generally reflects a business's own real estate rather than third-party lending.