BankWest (SD)


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

BankWest (SD) is headquartered in Pierre and is the 11th largest bank in the state of South Dakota. It is also the 733rd largest bank in the nation. It was established in 1889 and as of June of 2019, it had grown to 317 employees at 18 locations. BankWest (SD)'s money market rates are 4X the national average, and it has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees317
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD10.28%
Annual Interest Income$26.1MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.09B$1.06B
LoansQ2 2019vs Q2 2018$818.3MM$786.5MM
DepositsQ2 2019vs Q2 2018$912.4MM$924.4MM
Equity CapitalQ2 2019vs Q2 2018$115.4MM$103.6MM
Loan Loss AllowanceQ2 2019vs Q2 2018$11.5MM$10.6MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$20.0MM$18.1MM
Real Estate OwnedQ2 2019vs Q2 2018$1.9MM$1.8MM
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
1.76%*$500k*-Cash Builder Money Market
OTHER TIERS: 0.07% Up to $1k | 0.20% $1k - $10k | 0.80% $10k - $50k | 1.05% $50k - $100k | 1.56% $100k - $300k | 1.66% $300k - $500k

BankWest (SD) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.78%-$25kePlus
Locations

Availability



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