Heritage Bank vs State Bank Northwest
Comparing a Bank in Olympia, WA with a Bank in Spokane Valley, WA using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Heritage Bank ↗ Bank · Olympia, WA · Est. 1927 | State Bank Northwest ↗ Bank · Spokane Valley, WA · Est. 1902 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Olympia, WA | Spokane Valley, WA |
| Total assets | $8.5B | $223.0M |
| Capital ratio | 13.2% | 14.3% |
| Return on assets | 1.2% | 2.4% |
| Deposits | $7.3B | $185.4M |
| Branches | 68 | 6 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #4 of 30 | #5 of 30 |
| Established | 1927 | 1902 |
Heritage Bank
- Assets: $8.5B
- Deposits: $7.3B
- Capital ratio: 13.2%
- Return on assets: 1.2%
- CFPB complaints: 0
- State rank: #4 of 30
State Bank Northwest
- Assets: $223.0M
- Deposits: $185.4M
- Capital ratio: 14.3%
- Return on assets: 2.4%
- CFPB complaints: 0
- State rank: #5 of 30
Are both institutions federally insured?
Yes. Heritage Bank is FDIC-insured and State Bank Northwest is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Heritage Bank or State Bank Northwest?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Heritage Bank scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Heritage Bank safe?
Yes — Heritage Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is State Bank Northwest safe?
Yes — State Bank Northwest is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Heritage Bank vs State Bank Northwest?
Heritage Bank has a capital ratio of 13.2%, placing it in the top 14% of $1B–10B peers. State Bank Northwest's ratio is 14.3%, placing it in the top 13% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Heritage Bank have compared to State Bank Northwest?
The CFPB database shows 0 complaints against Heritage Bank, and 0 complaints against State Bank Northwest. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Heritage Bank with other Banks in Washington
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
