FDIC-insured community bank serving Central Washington since 1932, offering personal and business banking with competitive rates on savings, checking, CDs, and mortgages.
Data compiled from public sources · Rating from CreditDoc methodology
Cashmere Valley Bank is a regional community bank that has operated in Central Washington since 1932, building relationships across Chelan, Douglas, Kittitas, and Yakima counties. The bank positions itself as a locally-focused alternative to larger national institutions, emphasizing personal relationships and community investment alongside standard banking services. The bank offers a full suite of personal banking products including checking and savings accounts, high-yield certificates of deposit (CDs), credit cards, and mortgage loans.
For business customers, they provide business checking and savings accounts, merchant processing, and treasury management services. 00% APY, with flexible CD terms ranging from 3 months to 7 years. They also offer investment checking products and personal loan options.
Cashmere Valley Bank differentiates itself through active community engagement, sponsoring numerous local events (Bankers on Burros, Cinco de Mayo, customer appreciation activities, county fairs, and habitat for humanity projects). They were voted 2025 Best Bank in their service area. 1K ratings) and emphasizes accessibility features.
Their branding emphasizes being "the little bank with the BIG circle of friends" and positions community involvement as core to their mission. As a regional community bank, Cashmere Valley Bank is best suited for customers seeking personalized service and local investment in their region. However, customers should verify that branch locations, service hours, and product availability match their needs, as their geographic footprint is limited to Central Washington counties.
Competitive rate offerings appear comparable to other regional banks, though rates should be compared directly with national alternatives.
Cashmere Valley Bank processed 132 mortgage applications in 2023, approving 87.9% of applicants across 1 states.
132
Applications
87.9%
Approval Rate
$757K
Avg Loan
1
States Served
Based on 132 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Cashmere Valley Bank is a registered company, headquartered in Cashmere, WA, founded in 1932.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Cashmere Valley Bank is ideal for Central Washington residents and small business owners seeking a community-focused alternative to national banks with competitive deposit rates and active local involvement. The primary caveat is geographic limitation—this bank only serves four counties in Central Washington, making it unsuitable for customers outside this region or those requiring multi-state banking presence.
Community bank with 27 branches in Washington and Oregon offering personal and business banking, home loans, and deposit products with FDIC insurance.
Best for: Washington and Oregon residents seeking community banking with local branch access, Small business owners in the Pacific Northwest needing treasury management and local lending relationships
WaFd Bank is a full-service regional bank operating in Washington, Nevada, New Mexico, and Oregon with branch locations including Seattle's International District, offering personal and business banking services.
Best for: Customers in the Pacific Northwest (Washington, Oregon) seeking community-focused banking with personalized service, Small business owners in WaFd Bank's service areas needing local commercial lending relationships
WSECU is a Washington-based credit union offering banking services including checking, savings, and branch access. Members enjoy online banking, ATM networks, and community spaces.
Best for: Washington State residents seeking local, community-focused banking with physical branch access, U-District Seattle members needing convenient branch hours, parking, and community meeting space
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