Heritage Bank
Headquartered in Olympia, WA. Part of Heritage Financial Corporation. FDIC certificate #29012 · Federal Reserve RSSD 881478.
Total assets
$8.5B
Deposits
$7.3B
Q1 2026
Active branches
69
Closings since Jan 2020
21
6 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$22M
Return on assets
1.15%
Return on equity
8.66%
Noncurrent loan rate
0.26%
Deposits by year (Summary of Deposits)
42019
62020
62021
62022
62023
62024
62025
Values in $ billions, June 30 of each year.
Closings by year
22020
122021
12022
32023
22024
12026
Openings by year
12022
22023
22024
12026
Other network changes since 2020
- 5 branch relocations
- 18 branches acquired through purchases or mergers
Branches by state
Recent closings
- 619 BAY ST · closed March 27, 2026
- 149 W 12TH AVE · closed March 1, 2024
- Heritage Bank — Tigard, ORbank exits city7632 SW DURHAM RD · closed January 26, 2024
- 201 5TH AVE SW · closed April 3, 2023
- 15 SW EVERETT MALL WAY, SUITE K · closed February 10, 2023
- 5615 EVERGREEN WAY · closed February 10, 2023
- 3866 S 74TH ST · closed July 1, 2022
- 1000 SOUTH 13TH ST · closed October 29, 2021
- 15211 PACIFIC AVE S · closed October 29, 2021
- Heritage Bank — Forest Grove, ORbank exits city2811 19TH AVENUE, SUITE A · closed October 29, 2021
- 675 NE MIDWAY BLVD · closed October 29, 2021
- 8786 SR 525 · closed January 22, 2021
- 209 S MERIDIAN · closed January 22, 2021
- 16400 SE 18TH ST · closed January 22, 2021
- 18840 8TH AVENUE, N.W. · closed January 15, 2021
- Heritage Bank — Newberg, ORbank exits city901 N. BRUTSCHER STREET, SUITE 101 · closed January 15, 2021
- Heritage Bank — Lake Stevens, WAbank exits city629 SR 9 NE · closed January 15, 2021
- Heritage Bank — Wapato, WAbank exits city507 WEST 1ST STREET · closed January 15, 2021
- 8801 SOUTH TACOMA WAY · closed January 15, 2021
- 1724 EAST 44TH STREET · closed October 30, 2020
- 16710 SMOKEY POINT BOULEVARD, SUITE 401 · closed January 1, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.heritagebanknw.com.