Featured Savings Rates
Featured Accounts

BankWest

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.50%Reward CheckingKasasa Cash
0.70%5-year CD60 Month CD
0.20%1-year CD12 Month CD

Overview / Commentary
763-477-5231
5921 Main Street
Rockford, MN 55373

BankWest is headquartered in Rockford and is the 123rd largest bank in the state of Minnesota. It is also the 3,711th largest bank in the nation. It was established in 1948 and as of September of 2017, it had grown to 30 employees at 3 locations. BankWest has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #16704
Year Established1948
Employees30
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.33%
Return on Equity - YTD15.28%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$136.9MM$130.2MM
LoansQ3 2017vs Q3 2016$92.4MM$88.9MM
DepositsQ3 2017vs Q3 2016$124.0MM$117.6MM
Equity CapitalQ3 2017vs Q3 2016$12.2MM$11.9MM
Loan Loss AllowanceQ3 2017vs Q3 2016$1.2MM$1.2MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$96.00K$694.00K
Real Estate OwnedQ3 2017vs Q3 2016$603.00K$908.00K
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 Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$100-Savings Account

BankWest Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$2k-Money Market Savings Account

BankWest Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Premier Business Earnings Credit
0.50%--Premier Business Plus Earnings Credit
0.50%*-$15kKasasa Cash
OTHER TIERS: 0.11% $15k+
0.20%--Analysis Account Earnings Credit
0.15%$50-Preferred Checking
0.10%$500-Premier Plus Business Checking

BankWest CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$2k-60 Month CD
0.60%$2k-48 Month CD
0.50%$2k-3 Month CD
0.50%$2k-36 Month CD
0.40%$2k-24 Month CD
0.20%$2k-12 Month CD
0.10%$2k-6 Month CD

BankWest IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$2k-30 Month IRA
0.30%$2k-18 Month IRA
Locations


BankWest Locations
Hanover Branch11000 River Road NortheastHanover, MN 55341
Buffalo Branch311 10th Avenue SouthBuffalo, MN 55313
Bankwest5921 Main StreetRockford, MN 55373