BankWest (SD)


Overview / Commentary
605-224-7391
420 South Pierre Street
Pierre, SD 57501

BankWest (SD) is headquartered in Pierre and is the 13th largest bank in the state of South Dakota. It is also the 678th largest bank in the nation. It was established in 1889 and as of December of 2019, it had grown to 338 employees at 19 locations. BankWest (SD)'s money market rates are 25% higher than the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees338
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD11.25%
Annual Interest Income$53.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$1.21B$1.05B
LoansQ4 2019vs Q4 2018$852.5MM$789.5MM
DepositsQ4 2019vs Q4 2018$1.05B$890.7MM
Equity CapitalQ4 2019vs Q4 2018$120.3MM$109.3MM
Loan Loss AllowanceQ4 2019vs Q4 2018$11.9MM$11.3MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$17.3MM$20.0MM
Real Estate OwnedQ4 2019vs Q4 2018$1.9MM$2.8MM
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Statement Savings

BankWest (SD) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$500k*-Cash Builder Money Market
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $10k | 0.25% $10k - $50k | 0.35% $50k - $100k | 0.45% $100k - $300k | 0.50% $300k - $500k

BankWest (SD) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%-$25kePlus
Locations

Availability



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