News & Insights

man drawing graph

Fed Raises Interest Rates

Fed Raises Rates for the First Time Since 2018

In the first of what is likely to be a series of several future hikes, the Federal Reserve raised the federal funds rate from 0% to 0.25%-0.50%. What does this mean for mortgage rates? Continue reading

Bank of the Pacific Turns 50!

2022 marks Bank of the Pacific’s 50th Anniversary serving the Northwest.

Many of our customers still remember our beginnings when Bank of the Pacific was granted a charter in 1972. In 1999, a merger of equals was formed between Bank of the Pacific and The Bank of Grays Harbor. Then, in 2004, Bank Northwest became part of the family so we could serve the Whatcom and Skagit county markets. With the trust, resiliency and strength of our customers and communities, we continue to expand and grow. Continue reading

Branch building in Ocean Shores

Aberdeen Branch Remodel Continues!

The Aberdeen Branch is getting a new look in the coming weeks and we are excited to see the project starting! Construction started on Friday, March 18 and a temporary teller line on the other side of the building will be installed the week of March 21. Learn more by clicking the link below. Continue reading