Commencement Bank is an FDIC insured institution headquartered at
1313 Broadway, Suite 400, Tacoma, WA 98402.
It was founded in
2006 and has approximately $1 billion in assets. Customers can open an account at one of its 3 branches.
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Intro APR: 6.990 %
After Intro:6.990 % |
$0 |
Four Leaf Federal Credit Union NMLS ID: 449104 / Updated 2025-04-18 |
Intro APR: 6.490 %
After Intro:7.750 % Intro Period: 12 months |
$25,000 |
| Home Equity Line of Credit - Equal Housing Lender | $0 |
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Intro APR: 8.500 %
After Intro:8.500 % |
$25,000 |
PenFed Credit Union NMLS ID: 401822 |
6.794% |
$2,049
Fees & Points
$5,600 Total
0.750 Pts ($2,400) $3,200 Fees |
Rocket Mortgage NMLS ID: 3030 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 58446 |
| Date Established | 2006 |
| Assets | $ 649.61 million |
| Loans | $ 461.73 million |
| Deposits | $ 592.09 million |
| Capital | $ 51.13 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 58.32 million |
| Interest-bearing balances | $ 47.76 million |
| Total securities | $ 90.06 million |
| Federal funds sold and reverse repurchase | $ 5.78 million |
| Net loans and leases | $ 461.73 million |
| Loan loss allowance | $ 5.59 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 1.21 million |
| All other assets | $ 21.60 million |
| Total Assets | $ 598.49 million |
| LIABILITIES | |
| Total deposits | $ 592.09 million |
| Interest-bearing deposits | $ 425.60 million |
| Deposits held in domestic offices | $ 592.09 million |
| % insured (estimated)" | 56.29% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | N.A. |
| Subordinated debt | N.A. |
| All other liabilities | $ 4.68 millionn |
| Total Liabilities | $ 598.49 million |
| Shareholders’ Equity | $ 51.13 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 29.82 million |
| Total Interest Expense | $ 10.32 million |
| Net interest income | $ 19.50 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 1.51 million |
| Total non interest expense | $ 16.93 million |
| Pre-tax Net Operating Income | $ 2.59 million |
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