Goldwater Bank


Overview / Commentary
480-281-8190
2525 E. Camelback Rd. Ste. 1100
Phoenix, AZ 85016

Goldwater Bank is the 1,953rd largest bank in the nation. It was established in 2007 and as of March of 2024, it had grown to 209 employees. Goldwater Bank's savings rates are 8X the national average, and it has a B+ health rating.

Reviews (1)

Goldwater Bank In Arizona Does NOT Accept Out Of State Business (Online) Accounts.

Posted by: |

Called Goldwater Bank today (01/07/13) and they confirmed that they open new accounts only for in-state (Arizona) businesses, no others.  Other banks listed here do allow my condo HOA to open new savings and MM accounts and do pay higher interest rates, so we'll be doing that soon.



Health
B+

Health Grade Components

Overall
FDIC Certificate #58405
Year Established2007
Employees209
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD6.14%
Annual Interest Income$6.3MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$439.7MM$447MM
LoansQ1 2024vs Q1 2023$394.4MM$394.3MM
DepositsQ1 2024vs Q1 2023$302.3MM$294.3MM
Equity CapitalQ1 2024vs Q1 2023$53.7MM$51.1MM
Loan Loss AllowanceQ1 2024vs Q1 2023$5.2MM$4.1MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$5.9MM$3.4MM
Real Estate OwnedQ1 2024vs Q1 2023$1.2MM$809K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Goldwater Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Goldwater Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.15%$0-High Yield Saving
4.15%$0-Business High Yield Saving
1.00%$0-Goldwater Personal Savings
1.00%$0-Youth Savings
1.00%$0-Goldwater Business Savings

Goldwater Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.25%$10k-Personal Market Market
3.25%$100k-Business Money Market
1.10%*$100k*-Personal Money Market PLUS
OTHER TIERS: 1.00% $0 - $100k
1.10%*$100k*-Business Money Market PLUS
OTHER TIERS: 1.00% $0 - $100k

Goldwater Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*$0$20kGold Checking
OTHER TIERS: 0.05% $20k+
1.00%$0-Gold Checking 50 Plus
0.50%$100$5kGoldwater Checking

Goldwater Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.15%$5k-90 Day CD
5.15%$5k-180 Day CD
5.15%$5k-9 Month CD
5.10%$5k-12 Month CD
5.00%$5k-15 Month CD
4.90%$5k-18 Month CD
4.75%$500-12 Month Liquid CD - no penalty
4.50%$5k-24 Month CD
4.25%$5k-3 Year CD
4.25%$5k-5 Year CD
Locations

Goldwater Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 2525 E. Camelback Rd. Ste. 1100 - Phoenix, AZ 85016

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.