Heritage Bank Overview

Olympia, WA
Founded In
Organization Type
Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly-owned banking subsidiary. Heritage Bank has a branching network of 59 banking offices in Washington and Oregon. Heritage Bank does business under the Central Valley Bank name in the Yakima and Kittitas counties of Washington and under the Whidbey Island Bank name on Whidbey Island. Heritage's stock is traded on the NASDAQ Global Select Market under the symbol "HFWA".
The staff at Heritage Bank come from unusually diverse demographic backgrounds. The company is 72.6% female and 33.6% ethnic minorities. Despite its diversity in other areas, Heritage Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 83.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Heritage Bank has great employee retention with staff members usually staying with the company for 4.2 years. The average employee at Heritage Bank makes $38,595 per year. In comparison, some of its highest paying competitors, like Hingham Institution for Savings, Cornerstone Community Bank, and City Bank, pay $60,038, $52,915, and $47,184, respectively.
Based in Washington, Heritage Bank is a medium-sized finance company with 767 employees and a revenue of $247.4M.

The Organization’s Mission

To help our customers achieve their goals, we offer a complete array of banking services and tools for businesses as well as individuals.

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Job Openings
21 Positions
Average Salary
$38,595 yearly

The Culture At Heritage Bank

Information provided by the company

The Team At Heritage Bank

Key People

Jeffrey J. Deuel

Heritage Bank Rankings

Heritage Bank is ranked #17 on the Best Finance Companies to Work For in Washington list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Heritage Bank Salaries

Salary Score
The national average salary for a Heritage Bank employee in the United States is $38,595 per year. Employees in the top 10 percent can make over $71,000 per year, while employees at the bottom 10 percent earn less than $20,000 per year.
Average Heritage Bank Salary
$18.56 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At Heritage Bank

Heritage Bank Diversity

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Heritage Bank Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Heritage Bank. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Heritage Bank has 767 employees.

  • 73% of Heritage Bank employees are women, while 27% are men.

  • The most common ethnicity at Heritage Bank is White (66%).

  • 13% of Heritage Bank employees are Black or African American.

  • 12% of Heritage Bank employees are Hispanic or Latino.

  • The average employee at Heritage Bank makes $38,595 per year.

  • Heritage Bank employees are most likely to be members of the republican party.

  • On average, employees at Heritage Bank stay with the company for 4.2 years.

Biggest Heritage Bank Locations

RankCityJob CountAvg. Salary
1Middletown, NY11$45,167
2Lacey, WA3$41,872
3New Paltz, NY3$45,314

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Heritage Bank Employee Political Affiliation

Heritage Bank employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Heritage Bank employee was by John McCarthy. John McCarthy donated $1,850 to the Republican Party.

Heritage Bank


Republican Party

83.3 %

Democratic Party

16.7 %
Employee Political Donations
NameJob TitlePartyDonation
John McCarthyFinance PlannerRepublican Party$1,850
Charles Bean IIIFinance AdvisorRepublican Party$1,000
Donald RhodesBankerRepublican Party$1,000
Charles BeanFinance AdvisorRepublican Party$750
Chris CaddellChairpersonRepublican Party$750
Thomas WilkinsonPresidentRepublican Party$700
Kerri BeanMarketing AssistantRepublican Party$500
Piotr KorzenCertified Public AccountantDemocratic Party$437
Elizabeth CliffordPresidentRepublican Party$350
AMY BrociousFinance PlannerRepublican Party$250
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Heritage Bank Employment Videos

Heritage Bank Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying Heritage Bank Competitors

Some of the competitors of Heritage Bank are Hingham Institution for Savings, Cornerstone Community Bank, and City Bank. The average salaries at Hingham Institution for Savings rank the highest, with their employees earning an average salary of $60,038 per year. The employees at Cornerstone Community Bank earn an average yearly salary of $52,915 per year, and the salaries at City Bank average $47,184 per year.

Frequently Asked Questions about Heritage Bank

When was Heritage Bank founded?

Heritage Bank was founded in 1927.

How many Employees does Heritage Bank have?

Heritage Bank has 767 employees.

How much money does Heritage Bank make?

Heritage Bank generates $247.4M in revenue.

What industry is Heritage Bank in?

Heritage Bank is in the finance industry.

What is Heritage Bank's mission?

Heritage Bank's mission statement is "To help our customers achieve their goals, we offer a complete array of banking services and tools for businesses as well as individuals."

What type of company is Heritage Bank?

Heritage Bank is a public company.

Who are Heritage Bank's competitors?

Heritage Bank competitors include Founders Federal Credit Union, First Security Bank, Chemical Bank, Teachers Federal Credit Union, Southern Bank and Trust Company, Citizens Bank & Trust, Park National Bank, City Bank, First Hawaiian Bank, Fidelity Bank MA, The Bancorp, Citizens National Bank (henderson, Tx), Cape Bank, First United Bank, First Bancorp, Hingham Institution for Savings, First Virginia Community Bank, American National Bank Of Texas, Cornerstone Community Bank, Georgia Bank & Trust.

Who works at Heritage Bank?

Jeffrey J. Deuel (Chief Executive Officer)

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Zippia gives an in-depth look into the details of Heritage Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Heritage Bank. The employee data is based on information from people who have self-reported their past or current employments at Heritage Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Heritage Bank. The data presented on this page does not represent the view of Heritage Bank and its employees or that of Zippia.

Heritage Bank may also be known as or be related to HERITAGE FINANCIAL CORP WA, Heritage Bank, Heritage Financial, Heritage Financial Corp, Heritage Financial Corp. (Washington) and Heritage Financial Corporation.