First Western Bank & Trust

Overview / Commentary
900 South Broadway
Minot, ND 58701

First Western Bank & Trust is headquartered in Minot and is the 9th largest bank in the state of North Dakota. It is also the 744th largest bank in the nation. It was established in 1964 and as of June of 2020, it had grown to 208 employees at 5 locations. First Western Bank & Trust has an A health rating.


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Health Grade Components

FDIC Certificate #19123
Year Established1964
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD11.69%
Annual Interest Income$26.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$1.25B$1.10B
LoansQ2 2020vs Q2 2019$905.0MM$751.3MM
DepositsQ2 2020vs Q2 2019$1.11B$948.4MM
Equity CapitalQ2 2020vs Q2 2019$119.1MM$127.2MM
Loan Loss AllowanceQ2 2020vs Q2 2019$13.6MM$12.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.1MM$10.3MM
Real Estate OwnedQ2 2020vs Q2 2019$2.1MM$2.2MM
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

First Western Bank & Trust Savings Account Rates

0.75%--Health Savings Account
0.35%--Total Nonprofit Savings Account
0.25%--Personal Savings Account

First Western Bank & Trust Money Market Rates

0.40%*$100k*-Personal Money Market Account
OTHER TIERS: 0.25% Up to $100k
0.40%*$100k*-Total Business Money Market Account
OTHER TIERS: 0.25% Up to $100k

First Western Bank & Trust Checking Account Rates

0.25%--Total Business Interest Checking
0.10%$1.5k-Lifetime Checking

First Western Bank & Trust CD Rates

1.25%$500-5 Year Educational CD
0.90%$500-5 Year CD
0.75%$500-4 Year CD
0.70%$500-2 Year CD
0.70%$500-3 Year CD
0.60%$500-1 Year CD
0.25%$500-3 Month CD
0.25%$500-6 Month CD

First Western Bank & Trust Locations
Eden Prairie Branch100 Prairie Center DriveEden Prairie, MN 55344
Detached Facility2200 15th St. SwMinot, ND 58701
First Western Bank & Trust900 South BroadwayMinot, ND 58701
North Hill Branch2105 16th St NwMinot, ND 58703
Bismarck Branch304 E Front AvenueBismarck, ND 58504

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