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Community Reinvestment Act (CRA) Rating
Latest Exam: June 1, 2018
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
June 1, 2018
Satisfactory
December 1, 2014
Satisfactory
February 1, 2012
Satisfactory
January 5, 2009
Satisfactory
June 1, 2005
Satisfactory
January 1, 2003
Outstanding
November 1, 1999
Satisfactory
May 1, 1997
Outstanding
August 1, 1994
Outstanding
September 1, 1993
Satisfactory
💰 Financial Strength
Total Assets$478.33 Million
Total Deposits$371.84 Million
Equity Capital$64.51 Million
Net Income$4.28 Million
📈 Performance
ROA1.20%
ROE9.14%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address120 North Broadway Aberdeen, Washington 98520
📋 Corporate Structure
Established01/01/1907
FDIC Cert28454
Holding CoAnchor Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeNovember 19, 2018
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 5:00 PM
Tuesday8:30 AM - 5:00 PM
Wednesday8:30 AM - 5:00 PM
Thursday8:30 AM - 5:00 PM
Friday8:30 AM - 6:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2015
Name Change
Name became: Changed Institution Name To Anchor Bank.
2011
Relocation
Moved HQ to: 120 North Broadway, Aberdeen, WA 98520.
2006
Name Change
Name became: Changed Institution Name To Anchor Mutual Savings Bank.