Snohomish County, Washington, a core county of the Seattle-Tacoma, WA market, holds $19.4B in deposits across 22 insured institutions and 144 branches. Coastal Community Bank is the largest deposit holder at 19.1% share. The top three banks hold 51% of deposits, which places the county in the Moderate band. Deposits have grown 31.4% since 2020 while the branch count fell by 13.8%. It produces $49.9B of output, ranking #94 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 167 in 2020 to 144 in 2025. Institutions: 24 to 22. Top-three share: 47% to 51%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Coastal Community Bank | $3.7B | 19.1% | +231% |
| Bank of America | $3.2B | 16.2% | +11% |
| JPMorgan Chase Bank | $3.1B | 15.9% | +30% |
| Wells Fargo Bank | $1.8B | 9.1% | +2% |
| U.S. Bank | $1.6B | 8.4% | +16% |
| 1st Security Bank of Washington | $962M | 5.0% | +37% |
| KeyBank | $869M | 4.5% | +9% |
| Washington Federal Bank | $609M | 3.1% | +32% |
| Mountain Pacific Bank | $518M | 2.7% | +70% |
| Heritage Bank | $513M | 2.6% | -7% |
| Banner Bank | $378M | 1.9% | -1% |
| HomeStreet Bank | $357M | 1.8% | +23% |
| Umpqua Bank | $317M | 1.6% | -12% |
| Bank of Hope | $302M | 1.6% | +25% |
| Pacific Crest Savings Bank | $250M | 1.3% | +33% |
| Pacific Premier Bank | $233M | 1.2% | -38% |
| Peoples Bank | $212M | 1.1% | -4% |
| UniBank | $159M | 0.8% | -5% |
| First-Citizens Bank & Trust Company | $137M | 0.7% | no 2020 presence |
| US Metro Bank | $118M | 0.6% | no 2020 presence |
| Sound Community Bank | $77M | 0.4% | +31% |
| Washington Trust Bank | $76M | 0.4% | no 2020 presence |
The 22 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Seattle-Tacoma market
Snohomish County is one of 9 counties that make up the Seattle-Tacoma, WA market, a Combined Statistical Area (ranked #9 of 293 U.S. markets by economic output). It produces 9.0% of the market’s output and holds 12.4% of its deposits.
| Measure | Snohomish County | Share of parent market |
|---|---|---|
| 2024 GDP | $49.9B | 9.0% |
| Deposits | $19.4B | 12.4% |
| Population | 870,656 | 17.0% |
View the full Seattle-Tacoma market profile →
Recruiting in Snohomish County
Deposits are split among a moderate number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Snohomish County.
See how we help banks recruit commercial banking talent