BankWest (SD)

Overview / Commentary

605-224-7391

420 South Pierre Street
Pierre, SD 57501

BankWest (SD) is headquartered in Pierre and is the 12^th largest bank in the state of South Dakota. It is also the 708^th largest bank in the nation. It was established in 1889 and as of June of 2021, it had grown to 351 employees at 20 locations. BankWest (SD) has a B+ health rating.

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Health

B+

Data as of Q2 2021

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Health Grade Components

Overall
FDIC Certificate #	4009
Year Established	1889
Employees	351
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.22%
Return on Equity - YTD	12.93%
Annual Interest Income	$25.6MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$1.46B$1.25B
Loans	Q2 2021vs Q2 2020	$856.1MM$925.7MM
Deposits	Q2 2021vs Q2 2020	$1.29B$1.06B
Equity Capital	Q2 2021vs Q2 2020	$140.4MM$126.4MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$13.6MM$11.3MM
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$24.7MM$23.0MM
Real Estate Owned	Q2 2021vs Q2 2020	$1.4MM$1.6MM

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) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$500k^*	-	Cash Builder Money Market
OTHER TIERS: 0.01% → Up to $1k \| 0.03% → $1k - $10k \| 0.11% → $10k - $50k \| 0.14% → $50k - $100k \| 0.18% → $100k - $300k \| 0.20% → $300k - $500k

BankWest (SD) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.11%	-	$25k	ePlus

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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