Sound Banking Company
Chartered Bank Active FDIC Insured
Health Score
10.0 / 10
6107 Lake Grove St Sw, Lakewood, WA 98499
Financial Overview
Total Assets $42.4M
Total Deposits $36.4M
Profitability (ROA) 2.34%
Shareholder Return (ROE) 18.09%
Capital Cushion (Eq/Assets) 13.71%
Established 11/01/1990
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$36.4M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.soundbankingco.com
FDIC Certificate #: 33183
Specialization: Commercial Lending Specialization