BankWest (SD)


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

BankWest (SD) is headquartered in Pierre and is the 12th largest bank in the state of South Dakota. It is also the 708th 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+

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees351
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD12.93%
Annual Interest Income$25.6MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$1.46B$1.25B
LoansQ2 2021vs Q2 2020$856.1MM$925.7MM
DepositsQ2 2021vs Q2 2020$1.29B$1.06B
Equity CapitalQ2 2021vs Q2 2020$140.4MM$126.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$13.6MM$11.3MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$24.7MM$23.0MM
Real Estate OwnedQ2 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

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%-$25kePlus
Locations

Availability

Sioux Falls Area

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