BankWest (SD)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.bankwest-sd.bank

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 651^st largest bank in the nation. It was established in 1889 and as of December of 2024, it had grown to 351 employees at 22 locations. BankWest (SD) has a B health rating.

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Health

Data as of Q4 2024

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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	0.61%
Return on Equity - YTD	7.82%
Annual Interest Income	$102.2MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$1.81B$1.68B
Loans	Q4 2024vs Q4 2023	$1.22B$1.06B
Deposits	Q4 2024vs Q4 2023	$1.51B$1.41B
Equity Capital	Q4 2024vs Q4 2023	$139.4MM$126.8MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$13.2MM$12.2MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$15.3MM$5.9MM
Real Estate Owned	Q4 2024vs Q4 2023	$808K$776K

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for BankWest (SD).

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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