Banks & Credit Unions in Federal Way, WA

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Bank Branches and ATMs in Federal Way, WA

Umpqua Bank
4 out of 5
Location 1900 S 320th St, Federal Way, WA 98003, USA
Phone (253) 926-4523
Language https://locations.umpquabank.com/wa/federal-way/1900-s-320th-st
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Columbia Bank
3 out of 5
Location 33515 9th Ave S, Federal Way, WA 98003, USA
Phone (253) 925-9323
Language https://www.columbiabank.com/locations/federal-way
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Banks in Federal Way, WA

Where Federal Way, WA Banks & Credit Unions Serve

Federal Way, WA is a bustling city located in King County, Washington. It boasts of several landmarks that are sure to pique the interest of any history buff. One such landmark is the PowellsWood Garden, which is a breathtakingly beautiful garden that features several different types of plants and flowers. Another landmark is the Wild Waves Theme & Water Park, which is a popular destination for families looking for a fun day out. Top employers in Federal Way include World Vision, Weyerhaeuser, and St. Francis Hospital. These companies offer a diverse range of job opportunities and are some of the biggest employers in the area. Major highways and streets in Federal Way include the I-5, Pacific Highway South, and South 348th Street. These roads are essential for commuters and make it easy to get around the city. Federal Way is home to several neighborhoods, each with its unique charm and character. Some of the most popular neighborhoods include West Campus, Steel Lake, and Lakota.

Federal Way, WA Banking Related Services

Insurance Broker

Residents of Federal Way, WA can benefit greatly from the services of an insurance broker. With the city's proximity to major highways and the Port of Tacoma, transportation and logistics are significant industries in the area. An insurance broker can help local businesses and individuals navigate the complexities of commercial auto insurance, cargo insurance, and liability insurance. Additionally, Federal Way is home to a diverse population, including many immigrants and refugees. An insurance broker can assist these individuals in finding health insurance plans that meet their unique needs and budget. Overall, an insurance broker can provide valuable guidance and support to Federal Way residents in protecting their assets and ensuring their financial security.

Retirement Planning

Residents of Federal Way, WA could greatly benefit from the expertise of a retirement planner. One of the most common ways a retirement planner could help is by creating a personalized retirement plan that takes into account the unique financial landscape of Federal Way. For example, with a median home value of $406,000, many Federal Way residents may be relying on their home equity as a significant source of retirement income. A retirement planner could help these individuals understand the best ways to leverage their home equity, while also providing guidance on other important retirement planning topics such as Social Security, investment strategies, and healthcare costs. By working with a retirement planner, Federal Way residents can feel more confident about their financial future and enjoy a more secure retirement.

Wealth Management

Residents of Federal Way, WA can benefit greatly from the services of a wealth manager. One specific way that a wealth manager can help is by assisting residents in navigating the complex tax laws in the state of Washington. With a wealth manager's expertise, residents can optimize their tax strategies and potentially save money on their tax bills. Additionally, a wealth manager can help residents plan for their retirement, manage their investments, and create a comprehensive financial plan tailored to their individual needs and goals. With the guidance of a wealth manager, residents of Federal Way can feel more confident and secure in their financial futures.

Financial Advisor

Residents of Federal Way, WA can greatly benefit from the guidance of a financial advisor. With the city's median household income being lower than the state average, many families may struggle to manage their finances effectively. A financial advisor can help Federal Way residents create a budget and savings plan that fits their unique needs and goals. Additionally, with the city's large population of retirees, a financial advisor can assist in creating a retirement plan and ensuring that they have enough savings to live comfortably. Overall, a financial advisor can provide valuable insight and support for Federal Way residents looking to improve their financial well-being.

Mortgage Loan Officer

Residents of Federal Way, WA can benefit from the services of a mortgage loan officer in a number of ways. For one, a loan officer can help residents secure financing for their dream homes, whether they are first-time homebuyers or experienced homeowners. Additionally, a loan officer can assist residents in refinancing their existing mortgages to take advantage of lower interest rates or to free up cash for other expenses. What makes Federal Way unique is its diverse population, which includes a large number of immigrants and refugees. A mortgage loan officer who is knowledgeable about the unique needs and challenges of these communities can help residents navigate the complex process of buying or refinancing a home, and can provide valuable guidance on issues such as credit scores, down payments, and closing costs.

Tax Services

Residents of Federal Way, WA can benefit greatly from the services of a tax advisor. One of the most common ways a tax advisor can help is by providing guidance on how to navigate the complex tax laws and regulations that apply to the city. Federal Way has a unique tax system that includes a local sales tax, a utility tax, and a business and occupation tax. A tax advisor can assist residents in understanding these taxes and how they impact their personal finances or business operations. Additionally, a tax advisor can help residents maximize their tax deductions and credits, minimize their tax liabilities, and avoid costly mistakes or penalties. With the help of a tax advisor, residents can feel confident that they are meeting their tax obligations and making the most of their financial resources.

Estate Planning Lawyer

Residents of Federal Way, WA can benefit greatly from the services of an estate planning lawyer. One of the most common ways that a lawyer can help is by creating a will or trust to ensure that their assets are distributed according to their wishes after they pass away. This is particularly important for residents of Federal Way, which has a diverse population with a wide range of cultural and religious beliefs about inheritance and property rights. An estate planning lawyer can also assist with other important tasks, such as setting up powers of attorney and healthcare directives, which can be crucial in the event of an unexpected illness or accident. Overall, working with an estate planning lawyer can provide peace of mind and ensure that residents of Federal Way have a plan in place for the future.

FREQUENTLY ASKED QUESTIONS

Personal, Business & Online Bank FAQs

Federal Way, WA is home to a plethora of banking services that cater to the diverse needs of the community. One of the most popular banking services in the area is the Federal Way branch of the Bank of America. This branch offers a wide range of services, from personal checking and savings accounts to business loans and investment options. With its convenient location on Pacific Highway South, the Bank of America in Federal Way is a go-to for many locals looking for reliable and accessible banking options. Additionally, the branch boasts state-of-the-art technology, including online and mobile banking capabilities, making it easy for customers to manage their finances on-the-go. Overall, the Bank of America in Federal Way is a trusted and reliable banking option for those in the area.

Federal Way, WA is the ideal destination for banking services due to its thriving economy and diverse community. With a population of over 100,000, Federal Way boasts a plethora of financial institutions, ranging from large national banks to community credit unions. Additionally, Federal Way is home to a burgeoning technology industry, which has led to the development of innovative financial technologies and services. These advancements have made banking more accessible and convenient for residents, allowing them to manage their finances on-the-go. Furthermore, the city's commitment to sustainability and environmentalism has led to the implementation of eco-friendly banking practices, such as paperless statements and online banking. Overall, Federal Way's combination of economic prosperity, technological advancements, and environmental consciousness make it the premier location for banking services in the Pacific Northwest.