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700 Maryville Centre Drive
Saint Louis, MO 63141

Scottrade Bank is headquartered in Saint Louis and is the 2nd largest bank in the state of Missouri. It is also the 67th largest bank in the nation. It was established in 2008 and as of March of 2014, it had grown to 72 employees at 1 location. Scottrade Bank has a B+ health rating.

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Reviews (1)

Get Rid Of Your Bank And Move To These Guys.

Firstly, I just wanted to say that I'm a real person and not an employee of Scottrade or anything.

My fiancee and I both have bank accounts with Scottrade. If you have a normal bank and are sick and tired of the "banker's hours" and the nonchalant charging of your account and the poor customer service, consolidate your assets and move to this bank. No fees, no nonsense. Local brokerage branches are everywhere. You can always get in touch with a real person without navigating through millions of automated call options. During operating hours, your local branch will get all your requests and will even call you by name (if they know you well enough). I can't say enough good things about these guys. But maybe that's because of where we have come from.

My fiancee and I have recently gotten engaged and were looking to start a joint brokerage, banking, and savings accounts. Here is where the story begins. We both have had so many negative experiences with banks -- and I'm just your above-average Joe. I have no credit card debt, no outstanding balances, I have a great credit score, and I float at least a 2k balance in my account a month. I go to school full time and I work full time. My fiancee has just recently graduated law school, and is working as well.

  I got so tired of the bankers hours, the mistakes the bank made and the horrible customer service. We both have banked with BB&T, CB&T, and Bank of America. I have to say, Scottrade makes these guys look pathetic. Let's be honest. 

  For people that are nervous about switching to a bank that does most of its business online, don't be afraid. It's well worth it -- I guarantee you'll like them more than you do your current bank. 

  -- Email message me if you like. My email is


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Scottrade Bank had $302,000 in non-current loans and owned real-estate with $1.35 billion in equity and loan loss allowances on hand to cover it. This gives Scottrade Bank a Texas Ratio of 0.02% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth


In the past year, Scottrade Bank has increased its total deposits by $2.27 billion, resulting in 14.15% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Scottrade Bank has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Scottrade Bank has $19.72 billion in assets with $1.35 billion in equity, resulting in a capitalization level of 6.86%, which is below average.

Institution Statistics

FDIC Certificate #58656
Year Established2008
Primary RegulatorOCC
Assets and Liabilities
Assets$19.72 billion
Loans$2.04 billion
Deposits$18.34 billion
Equity Capital$1.34 billion
Loan Loss Allowance$8.18 million
Unbacked Noncurrent Loans$302,000
Real Estate Owned$0
Historic Data - March 2013
Assets$17.70 billion
Equity Capital$1.49 billion
Loan Loss Allowance$5.03 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.27%
Return on Assets0.96%
Return on Equity14.73%
Interest Income$90.69 million

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Scottrade Bank Locations
Scottrade Bank700 Maryville Centre DriveSaint Louis, MO 63141