BankWest (SD)
LOCATIONS
16
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HEALTH RATING
B
View health report
CURRENT TOP RATE
2.78% APY
ePlus
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.78% | Reward Checking | 2.04% - National Average |
| 0.10% | Savings | |
| 2.22% | Money Market |
Overview / Commentary
BankWest (SD) is headquartered in Pierre and is the 11th largest bank in the state of South Dakota. It is also the 726th largest bank in the nation. It was established in 1889 and as of June of 2018, it had grown to 325 employees at 18 locations. BankWest (SD)'s money market rates are 5X the national average, and it has a B health rating.
Health
B
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4009 |
| Year Established | 1889 |
| Employees | 325 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.38% |
| Return on Equity - YTD | 14.29% |
| Annual Interest Income | $23.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $1.06B$1.02B |
| Loans | Q2 2018vs Q2 2017 | $786.5MM$773.9MM |
| Deposits | Q2 2018vs Q2 2017 | $924.4MM$890.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $103.6MM$102.6MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $10.6MM$9.2MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $18.1MM$18.7MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $1.8MM$2.7MM |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
BankWest (SD) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Statement Savings |
BankWest (SD) Money Market Rates
BankWest (SD) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.78%* | - | $25k | ePlus | ||
| OTHER TIERS: 0.75% → $25k+ | |||||
