2. BankWest (SD)

BankWest (SD)

Popular Accounts at this Bank

APYACCOUNT TYPEHOW THEY COMPARE
2.27%Reward Checking
2.04% - National Average
0.10%Savings
1.90% - American Express National Bank High Yield Savings AccountAdvertisement
2.01%3-year CD
1.73% - National Average
View all BankWest (SD) rates »

Overview / Commentary
www.bankwest-sd.com
800-253-0362
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 726th largest bank in the nation. It was established in 1889 and as of June of 2018, it had grown to 325 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
B

Data as of Q2 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #4009
Year Established1889
Employees325
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD14.29%
Annual Interest Income$23.8MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.06B$1.02B
LoansQ2 2018vs Q2 2017$786.5MM$773.9MM
DepositsQ2 2018vs Q2 2017$924.4MM$890.9MM
Equity CapitalQ2 2018vs Q2 2017$103.6MM$102.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$10.6MM$9.2MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$18.1MM$18.7MM
Real Estate OwnedQ2 2018vs Q2 2017$1.8MM$2.7MM
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
2.27%*-$25kePlus
OTHER TIERS: 0.35% → $25k+

BankWest (SD) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.01%$25k-36 Month Rising Rate CD
Locations

Availability



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