Overview / Commentary
480-281-8190
2525 East Camelback Suite 1100
Phoenix, AZ 85016

Goldwater Bank is the 3,462nd largest bank in the nation. It was established in 2007 and as of March of 2018, it had grown to 426 employees. Goldwater Bank's savings rates are 3X the national average, but it has a C- health rating.

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Reviews (1)

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

Posted by: candidcal | Jan 7, 2013

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
C-
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Goldwater Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #58405
Year Established2007
Employees426
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-4.17%
Return on Equity - YTD-61.93%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$151.0MM$129.5MM
LoansQ1 2018vs Q1 2017$125.8MM$112.2MM
DepositsQ1 2018vs Q1 2017$137.3MM$102.6MM
Equity CapitalQ1 2018vs Q1 2017$10.6MM$10.5MM
Loan Loss AllowanceQ1 2018vs Q1 2017$313.00K$226.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$238.00K$168.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$256.00K
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
1.65%--Savings Plus Personal
1.65%--Savings Plus Business
0.20%--Goldwater Personal Savings
0.20%--Youth Savings
0.20%--Goldwater Business Savings

Goldwater Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$100k*-Personal Money Market PLUS
OTHER TIERS: 1.15% Up to $100k
1.25%*$100k*-Business Money Market PLUS
OTHER TIERS: 1.15% Up to $100k
0.38%*$100k*-Personal Market Market
OTHER TIERS: 0.26% Up to $100k
0.38%*$100k*-Business Money Market
OTHER TIERS: 0.26% Up to $100k

Goldwater Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$5k*-Goldwater Checking
OTHER TIERS: 0.05% $100 - $5k

Goldwater Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.90%$5k-5 Year CD
2.80%$5k-3 Year CD
2.70%$5k-24 Month CD
2.55%$5k-18 Month CD
2.50%$5k-15 Month CD
2.45%$5k-12 Month CD
2.20%$5k-12 Month Liquid Goldwater Access CD
1.90%$5k-180 Day CD
1.50%$5k-90 Day CD
Locations

Goldwater Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 2525 East Camelback Suite 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 feedback@depositaccounts.com 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.