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Commencement Bank
✓ FDIC-insured · Active FDIC Certificate #58446
Commencement Bank is an FDIC-insured state-chartered bank that is a member of the Federal Reserve System, headquartered in Tacoma, Washington, established in 2006. As of the 06/30/2026 FDIC call report, it reported $740M in total assets and $660M in deposits. FDIC location data lists 6 offices in Washington. The FDIC classifies it as a community bank. It is owned by the holding company COMMENCEMENT BCORP INC (Tacoma, WA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 6 of Commencement Bank's FDIC-listed offices are in Washington. Browse banks in Tacoma for other local options.
Branch locations
| Commencement Bank Olympia Branch · Full Service - Brick And Mortar | 600 Franklin St Se Olympia, WA 98501 Map ↗ |
| Commencement Bank Commencement Bank · Full Service - Brick And Mortar | 1313 Broadway, Suite 400 Tacoma, WA 98402 Map ↗ |
| Commencement Bank Enumclaw Branch · Full Service - Brick And Mortar | 1240 Myrtle Ave Enumclaw, WA 98022 Map ↗ |
| Commencement Bank Auburn Branch · Full Service - Brick And Mortar | 220 15th St Ne Auburn, WA 98002 Map ↗ |
| Commencement Bank Tacoma Mobile Branch · Limited Service - Drive Thru/Detached Facility | 1313 Broadway, Suite 400 Tacoma, WA 98402 Map ↗ |
| Commencement Bank Gig Harbor Branch · Full Service - Brick And Mortar | 7804 Pioneer Way Gig Harbor, WA 98335 Map ↗ |
Holding company: COMMENCEMENT BCORP INC
The FDIC lists COMMENCEMENT BCORP INC, based in Tacoma, WA, as the top holding company for Commencement Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Washington
Active FDIC-insured banks headquartered in Washington with total assets closest to Commencement Bank's $740M. See all banks in Washington.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Riverview Bank | Vancouver | $1.5B | 18 |
| Sound Community Bank | Seattle | $1.1B | 9 |
| Olympia Federal Savings and Loan Association | Olympia | $1.0B | 9 |
| Mountain Pacific Bank | Everett | $896M | 6 |
| Seattle Bank | Seattle | $891M | 2 |
| Baker-Boyer National Bank | Walla Walla | $693M | 7 |
| UniBank | Lynnwood | $393M | 4 |
| Pacific Crest Bank | Lynnwood | $318M | 1 |
Commencement Bank: common questions
Is Commencement Bank FDIC-insured?
Yes. Commencement Bank is an active FDIC-insured institution, FDIC Certificate #58446. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Commencement Bank headquartered?
Commencement Bank is headquartered at 1313 Broadway, Suite 400, Tacoma, WA 98402, according to FDIC records.
How many branches does Commencement Bank have?
FDIC location data lists 6 offices for Commencement Bank, all in Washington.
Who owns Commencement Bank?
The FDIC lists COMMENCEMENT BCORP INC of Tacoma, WA as the top holding company for Commencement Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.