BankWest (SD)

Overview / Commentary

605-224-7391

420 South Pierre Street
Pierre, SD 57501

BankWest (SD) is headquartered in Pierre and is the 13^th largest bank in the state of South Dakota. It is also the 678^th largest bank in the nation. It was established in 1889 and as of December of 2019, it had grown to 338 employees at 19 locations. BankWest (SD)'s money market rates are 25% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2019

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Health Grade Components

Overall
FDIC Certificate #	4009
Year Established	1889
Employees	338
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.17%
Return on Equity - YTD	11.25%
Annual Interest Income	$53.2MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$1.21B$1.05B
Loans	Q4 2019vs Q4 2018	$852.5MM$789.5MM
Deposits	Q4 2019vs Q4 2018	$1.05B$890.7MM
Equity Capital	Q4 2019vs Q4 2018	$120.3MM$109.3MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$11.9MM$11.3MM
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$17.3MM$20.0MM
Real Estate Owned	Q4 2019vs Q4 2018	$1.9MM$2.8MM

Rates

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Savings
Money Market
Checking

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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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Statement Savings

BankWest (SD) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.55%^*	$500k^*	-	Cash Builder Money Market
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $10k \| 0.25% → $10k - $50k \| 0.35% → $50k - $100k \| 0.45% → $100k - $300k \| 0.50% → $300k - $500k

BankWest (SD) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.02%	-	$25k	ePlus

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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