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Portage Bank

Bellevue, WA · Est. 1901 · Website ↗
78/ 100
Trust Grade
Average
78 out of 100

Portage Bank is a bank based in Bellevue, Washington, established in 1901, with $114 million in total assets across 3 branches. By Trust Grade it ranks 27th of 30 banks we track in Washington. Its capital ratio of 7.0% trails most similarly sized banks (7th percentile), versus a Washington median of 10.8%. It posted a loss over the most recent period (-0.19% return on assets), a point to watch. Consumers filed 1 complaints about Portage Financial Services Company Inc. with the CFPB — 8.8 per $1B in assets, a lower rate than 53% of peers.

Total assets
$113.8M
$100M–1B institution
Deposits
$91.6M
Branches
3
Capital ratio
7.0%
Bottom 7% of $100M–1B peers · Washington median 10.8%
Return on assets
-0.2%
Bottom 3% of $100M–1B peers · Washington median 0.96%
Rank in Washington
#27
of 30 banks

How Portage Bank compares to Washington peers

Capital ratio
Bottom 7% of $100M–1B peers
Portage Bank
7.0%
Washington median
10.8%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 3% of $100M–1B peers
Portage Bank
-0.2%
Washington median
1.0%
Higher ROA = more profitable relative to asset base

How we graded Portage Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
78/100
Customer experience
58.82/100
Overall
78/100
  • Well-capitalized (7.0% capital ratio)
  • Unprofitable over the period (ROA -0.19%)
  • 8.8 complaints per $1B in assets

The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →

Consumer complaints (CFPB)

1 complaints filed with the CFPB against Portage Financial Services Company Inc. — 8.8 per $1B in assets.

These records were matched to Portage Bank by name and may include complaints filed against other institutions with similar names. Complaint counts reflect what consumers reported to the CFPB and are not findings of wrongdoing. Report a mismatch →

Total complaints
1
Per $1B assets
8.8
Lower = better

Branch locations (3)

  • 880 108th Avenue Ne, Bellevue, WA 98004
  • 104 W Main St, Ceylon, MN 56121
  • 418 E Lakeside Ave, Coeur D Alene, ID 83814

Are deposits at Portage Bank insured?

Yes. Portage Bank is an FDIC-insured bank (FDIC certificate #8197). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Portage Bank: frequently asked questions

Is Portage Bank a good bank?

Portage Bank earns a Bankzia Trust Grade of C (78/100, "Average"), based on a financial-strength score of 78/100 and a customer-experience score of 58.82/100. Well-capitalized (7.0% capital ratio); Unprofitable over the period (ROA -0.19%).

Is Portage Bank FDIC-insured?

Yes. Portage Bank is a FDIC-insured bank (FDIC certificate #8197). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Portage Bank?

Portage Bank holds $114 million in total assets, ranking 27th of 30 banks we track in Washington. It operates 3 branches.

How many complaints does Portage Bank have?

Consumers filed 1 complaints about Portage Financial Services Company Inc. with the CFPB, or 8.8 per $1B in assets.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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