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 698th largest bank in the nation. It was established in 1889 and as of December of 2020, it had grown to 333 employees at 20 locations. BankWest (SD) has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees333
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD7.42%
Annual Interest Income$50.6MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$1.40B$1.21B
LoansQ4 2020vs Q4 2019$874.9MM$852.5MM
DepositsQ4 2020vs Q4 2019$1.23B$1.05B
Equity CapitalQ4 2020vs Q4 2019$133.2MM$120.3MM
Loan Loss AllowanceQ4 2020vs Q4 2019$13.8MM$11.9MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$31.9MM$17.3MM
Real Estate OwnedQ4 2020vs Q4 2019$1.4MM$1.9MM
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
0.25%*$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



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