Welcome to Pacific Crest Savings Bank: a local, independently owned community bank. Delivering the highest level of customer service and expertise to our community for over three decades.

Pacific Crest Savings Bank is committed to helping you build your future as you live in the present. Whether you are an individual, a small business owner, or a real estate investor, we take that commitment seriously. Beyond offering a full suite of competitive checking and savings products, we also build specialized loans for multifamily, commercial and residential properties and offer construction loans for our local builders.

You’ll like what you see from the Crest.

Mission Statement

Pacific Crest Savings Bank is committed to providing the highest level of service to our clients. In addition, we will strive to provide excellent employee opportunities to ensure retention of the highest quality personnel.  Maintaining these standards of excellence will provide the very best financial services to our community. Our success will ensure long-term value to our clients, employees, and shareholders.

Financial Highlights

Pacific Crest Savings Bank is a state-chartered savings bank regulated by the Washington State Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC).  We are privately owned and publish a Consolidated Statement of Financial Condition, with the most recent issues available here.

View a downloadable version of our current call report.

Pacific Crest Savings Bank call reports are available for you to view online or to print. View these reports at the Federal Financial Institutions Examinations website.


BauerFinancial Five-Star Rating

We are pleased to earn a five-star superior rating from BauerFinancial, based on the independent research firm’s latest quarterly analysis. To determine its star ratings, BauerFinancial performs an independent analysis of financial institutions across the country using new and historical data reported to state and federal regulators each quarter. Banks and credit unions earn zero to five stars based on profitability, loan data, repossession rates, reserve amounts, regulatory compliance and other criteria. Institutions that earn four and five stars are placed on Bauer’s Recommended Report, where Pacific Crest Savings Bank has been featured each quarter since 2013.


2017 Recognized as one of the top 25 companies in the Puget Sound Business Journal’s Small Business Corporate Philanthropy list.
2016 Pacific Crest named one of Washington’s Best Workplaces by the Puget Sound Business Journal.
2014 Celebrating our 30th Anniversary.
2012 Chief Financial Officer, Wayne Bull, Jr. and Chief Risk Officer, Cynthia Funaro are promoted to Executive Vice President.
2007 Founder John Fairchild retires.  Co-founder and President, Sheryl Nilson, named as CEO.
2006 Mortgage and Escrow divisions are sold and savings branches are consolidated to the Lynnwood office.
2005 Phoenix Savings Bank changes its name to Pacific Crest Savings Bank.
1998 Company converted to a Washington State-chartered, federally insured savings bank, becoming Phoenix Savings Bank.
1990 Corporate office moves to Lynnwood.
1984 Phoenix Mortgage and Escrow founded in Seattle/Northgate by John Fairchild, Harry Sankey and Sheryl Nilson.