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Bank of the West

Popular Accounts at this Bank

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
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 - 10/14/2016

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:

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

Closed On Saturdays

Posted by: Jaycee4d | Feb 25, 2016

Bank of the West has closed locations and changed their hours so they're no longer open on Saturday. For someone that works M-F 8:00 to 5:00 this makes it impossible to get to the bank without needing to take off work.



Health Grade Components

FDIC Certificate #3514
Year Established1874
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD4.73%
Annual Interest Income$1.79B
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$82.57B$74.02B
LoansQ3 2016vs Q3 2015$57.42B$52.29B
DepositsQ3 2016vs Q3 2015$60.74B$53.24B
Equity CapitalQ3 2016vs Q3 2015$12.46B$12.13B
Loan Loss AllowanceQ3 2016vs Q3 2015$583.9MM$572.6MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$294.8MM$321.1MM
Real Estate OwnedQ3 2016vs Q3 2015$12.9MM$12.8MM
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* 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

0.01%--Classic Savings

Bank of the West Money Market Rates

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

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

Bank of the West CD Rates

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 has 558 locations. Click to view all Bank of the West locations.