Mountain Pacific Bank

What Mountain Pacific Bank does

Mountain Pacific Bank is a privately held, Washington state-chartered commercial bank (FDIC-insured, NMLS# 895781) headquartered in Everett, Washington. Founded in 2005 by 17 local business and community leaders, the bank opened its doors in July 2006 and reached profitability in 6 months, a Washington State record for fastest time to profitability for a de novo institution. The bank operates five physical branches across King, Skagit, Whatcom, and Snohomish Counties (Everett, Lynnwood, Burlington, Bellingham, and Ballard) plus a differentiated Mobile Branch service in which staff travel to customer business locations for deposit pickup and in-person banking.

The bank offers a full-service product portfolio split between Personal Banking (checking, savings, home loans, IRAs, e-statements, IntraFi network deposits, ATM fee refunds up to $30/month) and Business Banking (checking, savings, treasury services, merchant services, Positive Pay, Remote Deposit Capture, Mobile Deposit, and IntraFi network deposits). Its lending book spans Home Loans, SBA 7(a) and 504 loans, Commercial Real Estate loans, Business Loans (term loans, lines of credit, equipment financing), Maritime Loans, and Credit Cards, with a dedicated SBA department. The underlying technology stack is described as standard commercial banking technology with digital banking capabilities, including online banking, mobile deposit, remote deposit capture, and a smartphone application; no proprietary AI/ML features are disclosed.

Revenue is generated primarily through net interest income on the loan portfolio (commercial real estate, business, SBA, maritime, and residential mortgages), supplemented by fee-based banking services on checking, savings, treasury, merchant, and card products, and deposit services including IntraFi network deposits. The go-to-market is sales-led and relationship-based, with dedicated business banking representatives, sales officers embedded at each branch, and community-driven brand marketing reinforced by 6 consecutive years of 425 Business Magazine Best Bank recognition. The bank employs 106 full-time staff and reports total assets of $803.1 million.

Name

Mountain Pacific Bank

Legal name

Mountain Pacific Bank

Website

https://mp.bank

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Mountain Pacific Bank is a privately held community bank headquartered in Everett, Washington, serving small to mid-size businesses and individuals across four Washington State counties through five branches, relationship-based lending, and a unique mobile deposit pickup service.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Community banking services
• Commercial lending products
• Small business banking
• Residential mortgage loans
• Treasury management services

Headquarters

HQ city

Everett

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including commercial real estate, business loans, SBA loans, maritime loans, and residential mortgages.
2. Fee-based Banking Services: Revenue from checking accounts, savings accounts, treasury services, merchant services, credit cards, and convenience banking services.
3. Deposit Services: Revenue from deposits used to fund loans, IntraFi network deposits, and other deposit-related services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Mountain Pacific Bank is a full-service community bank providing personal banking, business banking, and a range of lending products including SBA loans, commercial real estate loans, business loans, maritime loans, and home loans. The bank also delivers treasury services, merchant services, credit cards, and digital banking capabilities including online banking, mobile deposit, remote deposit capture, and positive pay fraud protection, serving customers across Washington State through 5 branches and a unique Mobile Branch service.

Product overview

Mountain Pacific Bank operates as a full-service community bank with a multi-channel product portfolio consisting of core Personal Banking and Business Banking services, supplemented by specialized lending products (Home Loans, SBA Loans, Commercial Real Estate Loans, Business Loans, Maritime Loans, Credit Cards), digital banking services (Online Banking, Mobile Branch, Remote Deposit Capture, Mobile Deposit), and business services (Merchant Services, Treasury Services, Positive Pay). The bank differentiates itself through its unique Mobile Branch service that dispatches staff to customer locations, comprehensive ATM fee reimbursement, and community focus serving King, Skagit, Whatcom, and Snohomish Counties in Washington State.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking Full-service personal banking including checking accounts, savings accounts, e-statements, and individual retirement accounts for individuals and families in the Pacific Northwest.
• Business Banking Comprehensive business banking services including online banking, checking accounts, savings accounts, treasury services, merchant services, and IntraFi network access for businesses of all sizes.
• Home Loans Residential mortgage and home loan products including purchase financing, refinancing options, and construction loans for homebuyers in the Pacific Northwest region.
• SBA Loans Small Business Administration loan programs including SBA 7(a) and SBA 504 loans to support small business growth and expansion with government-backed financing.
• Commercial Real Estate Loans Financing solutions for commercial property acquisition, development, and refinancing for businesses and investors in commercial real estate.
• Business Loans Customized commercial lending solutions including term loans, lines of credit, and equipment financing tailored to business growth and operational needs.
• Maritime Loans Specialized marine lending products for vessel purchases, boat loans, and maritime business financing in the Pacific Northwest maritime market.
• Credit Cards Business and personal credit card products for convenient purchasing and expense management with competitive rates.
• Merchant Services Credit card processing and merchant services enabling businesses to accept card payments with competitive rates and simplified payment acceptance.
• Treasury Services Cash management and treasury services including wire transfers, ACH origination, and liquidity management solutions for business customers.
• IntraFi Network Deposits Network deposits service allowing customers access to FDIC insurance coverage beyond standard limits through participating network banks.
• ATM Access with Fee Reimbursement Fee-free ATM access nationwide with up to $30 monthly reimbursement for out-of-network ATM surcharges at any ATM location.
• Mobile Branch Unique mobile banking service where bank staff members travel to customer locations to handle banking needs including deposit pickups, providing personalized service outside traditional branches.
• Individual Retirement Accounts Tax-advantaged retirement savings accounts including traditional and Roth IRA options for personal banking customers.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Heritage Bank: Olympia-based WA community bank (Heritage Financial Corp) offering commercial, retail, and SBA lending across WA and OR - directly comparable Pacific NW community bank with similar SMB focus, relationship-based model, and similar asset scale.
• Kitsap Bank: Port Orchard-based WA community bank serving the Kitsap Peninsula with business and personal banking - comparable in size, community-bank structure, and SMB relationship-based model.
• Whidbey Island Bank: Coupeville-based WA community bank (Heritage Financial subsidiary) offering commercial and consumer banking - directly comparable Pacific NW community bank with overlapping management lineage.
• Coastal Community Bank: Everett-based WA community bank - particularly close geographic and operational peer given shared Everett/Snohomish County market and similar community-bank positioning.
• Sound Community Bank: Puyallup-based WA community bank with commercial and consumer lending across the Puget Sound region - comparable Pacific NW community bank serving SMBs and individuals.
• Bank of the Pacific: Aberdeen-based WA community bank with branches across western WA - comparable Pacific NW community bank serving SMBs with relationship-based banking.
• Timberland Bank: Hoquiam-based WA community bank (Timberland Bancorp) serving western WA with commercial and retail banking - comparable Pacific NW community bank with similar lending products and SMB focus.
• First Federal Savings & Loan of Port Angeles: Port Angeles-based WA thrift institution (First Fed Banc) serving the Olympic Peninsula - comparable Pacific NW community-oriented depository with similar size and community focus.
• Baker Boyer Bank: Walla Walla-based WA community bank (the Pacific NW's oldest bank, est. 1889) - comparable community bank with similar SMB and commercial lending focus.
• Wheatland Bank: Spokane-based WA community bank (Community Financial Group) with branches across eastern WA - comparable WA community bank with similar SMB focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/mountainpacificbank
• LinkedInlinkedin.com/company/mountain-pacific-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mountain Pacific Bank