Featured Savings Rates
Featured Accounts

Bank of the West

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.80%5-year CD60 Month Premium Money Market CD
0.11%1-year CD10 Month Premium Money Market CD
0.01%SavingsClassic Savings

Overview / Commentary
800-488-2265
180 Montgomery Street
San Francisco, CA 94104

Bank of the West is headquartered in San Francisco, California, and is one of the 50 largest banks in the United States. It operates through hundreds of retail and commercial locations across the country and offers a range of products and services.

On its Personal Banking side, Bank of the West offers the standard deposit accounts: Checking, Savings, CDs, and Money Markets. Its five different checking accounts vary in terms and requirements and all have a monthly service charge except for the 55 Plus Checking account. The bank offers opportunities to waive or reduce the monthly service charge by performing certain tasks like signing up for paperless statements. Its Choice Interest Checking account offers typically low interest rates. There are two Savings Account offerings – Online Savings and Classic Savings – and both come with a monthly service fee that can be waived by keeping a minimum account balance.

Bank of the West also offers a Money Market account that offers variable interest rates based on account balances. This account must be opened at a branch and comes with a monthly service charge that can be waived. It also offers CDs (Certificates of Deposit) with a variety of term lengths, from 7 days to 5 years. Interest rates on all of its deposit accounts are usually lower than the national average.

Bank of the West is held by BancWest Corporation, which is wholly owned by BNP Paribas. It also offers credit cards, loans, investment management, and retirement management services to its customers. Bank of the West online banking and mobile platforms offer personal account management via smartphone and tablet apps, mobile web, and text banking. These sophisticated platforms allow customers to transfer funds, pay bills, and manage their accounts quickly and easily. On Bank of the West’s commercial and small business sides, it offers banking solutions tailored to specific industries such as Agribusiness, Religious Institution, Healthcare, Real Estate, Title & Escrow, Financial Institutions, and Government Banking.

Bank of the West began in 1874 as Farmers National Gold Bank, nearly two decades after the culmination of the California gold rush. It changed its name once in 1880 to First National Bank of San Jose before finally transitioning to become Bank of the West in 1979.

Related Posts

Bank of the West Offers $150 And $300 Checking Bonuses - 3/6/2017

Bank of the West is offering two bonuses: $150 Easy Checking and a $300 Premier Checking. Offer is available online and in-branch to residents of 19 states.

$300 And $150 Checking Bonuses At Bank Of The West - 7/12/2016

My local BotW branch in San Diego was advertising this. Also saw it listed at the BotW home page. You can get $300 with Premier Checking or Get up to $150 With an Easy Checking account Not sure if the $300 bonus is worth it since it requires a $50,000 balance.

View all posts from:

7/29/13 - Another Bank of the West Checking Account Bonus - Certain States Only
7/29/13 - History of Bank of the West Promotion Bonus Payouts
2/5/13 - Another $150 Checking Bonus at Bank of the West - Certain States Only
1/22/13 - $150 Checking Account Bonus At 3 Los Angeles Bank Of The West Branches
7/31/12 - Bank of the West's $150 & $200 Checking Account Bonuses - Certain States Only
3/28/12 - Competitive 5-Year CD Rate at Bank of the West in Some States
3/19/12 - Bank of the West's Checking Account Bonus - Certain States Only
1/10/12 - Bank of the West Ends its Free Checking Account
8/8/11 - Bank of the West's $100 Checking Account Bonus - Certain States Only
4/3/11 - Bank Of The West $100 Checking Account Bonus
2/13/11 - Bank of the West's $100 Checking Account Bonus
12/23/10 - Bank Of The West - Ipod Touch Arrives Just In Time For Christmas!
11/26/10 - Update - Bank Of The West Ipod Deal
10/6/10 - iPod touch Promotion Problem At Bank Of The West
8/16/10 - Bank Of The West Ipod Touch Checking Promotion Update
7/19/10 - iPod touch Checking Account Promotion at Bank of the West - Certain States Only
7/18/10 - Bank of the West's $100 Checking Account Bonus - Certain States Only
3/10/10 - Update on Bank of the West Checking Account Bonus, Free ATMs and Online Savings Account
2/5/10 - Bank of the West Cuts Online Savings Account Rate
1/14/10 - $100 Checking Account Bonus and an Online Savings Account at Bank of the West - Update
11/6/09 - Update on Bank of the West $100 Checking Account Promotion
11/2/09 - $100 Checking Account Bonus and an Online Savings Account at Bank of the West
5/1/09 - $100 Checking Account / Direct Deposit Bonus at Bank of the West in Several States
9/11/08 - $100 Checking Account Bonus at Bank of the West

Awesome Banking, Awesome Staff!

Posted by: Beccag | May 6, 2011

I have been a customer at Bank of the West for three years, and love this bank.  The customer service is great, always a genuine hello.  The website is very user friendly.  I have banked with several other banks and frankly was always disappointed. 

Bank of the West is professional, honest and I love the little bear!  I will continue to refer my friends and family here. 

BOTW Review

Posted by: thusgat | Nov 12, 2016

I have been banking with Bank of The West for nearly three years now. Their system is sufficient for me but I am admittedly a low maintenance banker. The main thing I look for in a bank is a bank with outstanding customer service and an efficient online banking system. Another thing that is important when choosing a bank for me is accountability and ethical track record. For instance, I would never give my business to a bank with a previous history of ethical violations (like the recent Wells Fargo scandal). If it was revealed that my bank had done so, I would find another bank. Opening an account at BOTW was easy and took only 30 minutes or so. Their customer service attendants were kind and didn't seem pushy. One thing that they could improve on is more abundant ATMs, as it is difficult to find a BOTW ATM. Overall, I am pleased with BOTW at this point in time.

My Bad Experience With Bank Of The West

yeah they lure you with some kind of cash reward, soon they start charging outragous fees every turn you you make: charges for overdraft fees, charges for using non bow atms on top of servicing atm fee, checking service fee not so appealing, beware of that bear wolf

Bank Is Difficult To Use, Has Lots Of Fees, And Have Policies To Cause You To Forfeit Your Interest Earnings

Posted by: jhough46 | Dec 20, 2010

Bank of the West is extremely slow, and painful to work with.  To begin with, it took almost a week of determined effort for me to just open an online account.  I made the effort only because I needed to use a particular branch in a small town where I was doing some business.  Otherwise, I would have given up.

They have LOTS of fees of all kinds, and those are difficult to keep track of.

If you close your account, make sure you ask about when the interest accrued in the account will be posted.  If you close the account before the posting date, ALL your interest is forfeited for the entire period.  The bank representative closing the account will not warn you about that.

VIEW MORE REVIEWS

Health
A+

Health Grade Components

Overall
FDIC Certificate #3514
Year Established1874
Employees10133
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD4.77%
Annual Interest Income$2.43B
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$83.73B$75.74B
LoansQ4 2016vs Q4 2015$58.65B$53.94B
DepositsQ4 2016vs Q4 2015$62.28B$54.15B
Equity CapitalQ4 2016vs Q4 2015$12.15B$12.11B
Loan Loss AllowanceQ4 2016vs Q4 2015$600.0MM$584.5MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$315.9MM$308.2MM
Real Estate OwnedQ4 2016vs Q4 2015$22.0MM$11.5MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Bank of the West; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Bank of the West Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Classic Savings

Bank of the West Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$50k*$250kChoice Money Market w/ Signature or BotW Premier Checking - Relationship
OTHER TIERS: 0.04% Up to $10k | 0.13% $10k - $25k | 0.14% $500k+ | 0.16% $25k - $50k | 0.18% $250k - $500k
0.18%*$50k*$250kChoice Money Market w/ Signature or BottW Premier Checking - Relationship Premium
OTHER TIERS: 0.02% Up to $10k | 0.03% $1mm+ | 0.04% $500k - $1mm | 0.08% $250k - $500k | 0.09% $10k - $25k | 0.11% $25k - $50k
0.17%*$100k*$250kChoice Money Market w/ Checking - Relationship
OTHER TIERS: 0.04% Up to $10k | 0.11% $10k - $50k | 0.14% $50k+ | 0.16% $250k - $500k
0.11%*$1m*-Choice Money Market w/ Signature or BotW Premier Checking - Standard
OTHER TIERS: 0.02% Up to $10k | 0.04% $10k - $25k | 0.05% $25k - $50k | 0.07% $50k - $250k | 0.10% $250k - $1mm
0.11%*$1m*-Choice Money Market w/ Checking - Standard
OTHER TIERS: 0.02% Up to $10k | 0.04% $10k - $25k | 0.05% $25k - $50k | 0.07% $50k - $250k | 0.10% $250k - $1mm
0.10%*$100k*$250kChoice Money Market w/ Checking - Relationship Premium
OTHER TIERS: 0.02% Up to $10k | 0.03% $1mm+ | 0.04% $500k - $1mm | 0.06% $25k - $500k | 0.07% $10k - $100k

Bank of the West Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%*$50k*-Signature Checking
OTHER TIERS: 0.01% Up to $50k
0.01%--Choice Interest Checking

Bank of the West CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$2,500-15 Month Premium Money Market CD
0.90%$2,500-12 Month Relationship CD
0.80%$2,500-60 Month Premium Money Market CD
0.65%$1k-48 - 60 Month Flexible Term CD
0.55%$1k-36 - 47 Month Flexible Term CD
0.45%$1k-24 - 35 Month Flexible Term CD
0.45%$2,500-24 Month Premium Money Market CD
0.27%$2,500-18 Month Premium Money Market CD
0.15%$2,500-13 Month Premium Money Market CD
0.12%$1k-12 - 23 Month Flexible Term CD
0.12%$2,500-12 Month Premium Money Market CD
0.11%$2,500-8 Month Premium Money Market CD
0.11%$2,500-10 Month Premium Money Market CD
0.09%$1k-180 - 364 Day Flexible Term CD
0.09%$2,500-182 Day Premium Money Market CD
0.05%$1k-32 - 89 Day Flexible Term CD
0.03%$1k-90 - 179 Day Flexible Term CD
0.03%$2,500-91 Day Premium Money Market CD

Bank of the West IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$100-48- 60 Month Flexible IRA
0.45%$100-24- 35 Month Flexible IRA
0.45%$100-24 Month Premium Money Market IRA
0.27%$100-18 Month Premium Money Market IRA
0.12%$100-12- 23 Month Flexible IRA
0.12%$100-12 Month Premium Money Market IRA
0.12%$100-12 Month IRA Add-On
0.11%$100-8 Month Premium Money Market IRA
0.09%$100-182 Day Premium Money Market IRA
0.03%$100-91 Day Premium Money Market IRA
Locations

Bank of the West has 556 locations. Click to view all Bank of the West locations.