Seattle Bancshares, Inc. (CD Valet)

CD Valet is a digital marketplace and service developed by Seattle Bank, a wholly-owned subsidiary of Seattle Bancshares, Inc., which is headquartered in Seattle, Washington. Its core mission is to bring clarity, accuracy, and transparency to Certificate of Deposit (CD) investing by providing consumers with verified, unbiased, institution-sourced CD rates.

The platform offers a comprehensive marketplace featuring tens of thousands of CD rates from thousands of federally insured banks and credit unions nationwide. For consumers, it provides comparison tools, rate alerts, and an interactive map to explore high-yield CD options. For financial institutions, CD Valet offers deposit advertising services, lead generation, and an end-to-end digital account opening solution, alongside data reporting and market insights to support deposit acquisition strategies.

Launched in November 2022 by Seattle Bank, CD Valet expanded its national reach in 2023 and, by October 2025, tracked over 38,000 CD rates from more than 5,000 financial institutions. The service is led by Howie Wu as Head of Product and General Manager, with Mary Grace Roske serving as Head of Marketing & Communications. CD Valet distinguishes itself by offering unbiased rate comparisons, as it does not accept promotional payments for listings, aiming to provide a true picture of the CD market. Recent analyses from March and April 2026 highlight its role in reporting on CD rate trends, including a slowing pace of rate cuts and a focus on shorter-term promotional CDs.