BankWest (SD)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.78%	Reward Checking	2.08% - National Average
0.10%	Savings	2.10% - American Express National Bank High Yield Savings Account
2.22%	Money Market	2.10% - American Express National Bank High Yield Savings Account

View all BankWest (SD) rates »

Overview / Commentary

www.bankwest-sd.com

605-224-7391

420 South Pierre Street
Pierre, SD 57501

BankWest (SD) is headquartered in Pierre and is the 11^th largest bank in the state of South Dakota. It is also the 750^th largest bank in the nation. It was established in 1889 and as of September of 2018, it had grown to 304 employees at 18 locations. BankWest (SD)'s money market rates are 5X the national average, and it has a B health rating.

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Health

Data as of Q3 2018

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Health Grade Components

Overall
FDIC Certificate #	4009
Year Established	1889
Employees	304
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.38%
Return on Equity - YTD	14.12%
Annual Interest Income	$36.1MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$1.04B$1.05B
Loans	Q3 2018vs Q3 2017	$789.2MM$765.3MM
Deposits	Q3 2018vs Q3 2017	$892.2MM$913.5MM
Equity Capital	Q3 2018vs Q3 2017	$105.3MM$104.3MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$11.1MM$9.0MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$19.9MM$19.5MM
Real Estate Owned	Q3 2018vs Q3 2017	$2.9MM$2.9MM

Rates

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Savings
Money Market
Checking

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BankWest (SD) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Statement Savings

BankWest (SD) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.22%^*	$500k^*	-	Cash Builder Money Market
OTHER TIERS: 0.07% → Up to $1k \| 0.50% → $1k - $10k \| 1.26% → $10k - $50k \| 1.51% → $50k - $100k \| 2.02% → $100k - $300k \| 2.12% → $300k - $500k

BankWest (SD) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.78%^*	-	$25k	ePlus
OTHER TIERS: 0.75% → $25k+

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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