2. BankWest (SD)

BankWest (SD)

Popular Accounts at this Bank

APYACCOUNT TYPEHOW THEY COMPARE
2.78%Reward Checking
1.76% - National Average
0.10%Savings
2.20% - Barclays Online Savings AccountAdvertisement
2.22%Money Market
2.20% - Barclays Online Savings AccountAdvertisement
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 11th largest bank in the state of South Dakota. It is also the 751st largest bank in the nation. It was established in 1889 and as of December of 2018, it had grown to 308 employees at 18 locations. BankWest (SD)'s money market rates are 5X the national average, and it has a C+ health rating.

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Health
C+

Data as of Q4 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees308
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD14.13%
Annual Interest Income$48.6MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$1.05B$1.09B
LoansQ4 2018vs Q4 2017$789.5MM$760.6MM
DepositsQ4 2018vs Q4 2017$890.7MM$949.2MM
Equity CapitalQ4 2018vs Q4 2017$109.3MM$105.1MM
Loan Loss AllowanceQ4 2018vs Q4 2017$11.3MM$9.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$20.0MM$18.3MM
Real Estate OwnedQ4 2018vs Q4 2017$2.8MM$2.6MM
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) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Statement Savings

BankWest (SD) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.78%-$25kePlus
Locations

Availability

Sioux Falls Area

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