BankWest (SD)

Overview / Commentary
420 South Pierre Street
Pierre, SD 57501

BankWest (SD) is headquartered in Pierre and is the 12th largest bank in the state of South Dakota. It is also the 699th largest bank in the nation. It was established in 1889 and as of December of 2021, it had grown to 356 employees at 20 locations. BankWest (SD) has an A health rating.


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Health Grade Components

FDIC Certificate #4009
Year Established1889
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.02%
Return on Equity - YTD10.73%
Annual Interest Income$52.0MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$1.50B$1.40B
LoansQ4 2021vs Q4 2020$828.2MM$874.9MM
DepositsQ4 2021vs Q4 2020$1.33B$1.23B
Equity CapitalQ4 2021vs Q4 2020$139.5MM$133.2MM
Loan Loss AllowanceQ4 2021vs Q4 2020$13.7MM$13.8MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$16.9MM$31.9MM
Real Estate OwnedQ4 2021vs Q4 2020$46.00K$1.4MM
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BankWest (SD) Money Market Rates

0.40%*$500k*-Cash Builder Money Market
OTHER TIERS: 0.03% Up to $1k | 0.05% $1k - $10k | 0.20% $10k - $50k | 0.25% $50k - $100k | 0.30% $100k - $300k | 0.35% $300k - $500k

BankWest (SD) Checking Account Rates



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