Overview / Commentary
Goldwater Bank is the 2,158th largest bank in the nation. It was established in 2007 and as of June of 2022, it had grown to 271 employees. Goldwater Bank has an A health rating.
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
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58405 |
| Year Established | 2007 |
| Employees | 271 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.41% |
| Return on Equity - YTD | -3.04% |
| Annual Interest Income | $7.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $372.2MM$345.1MM |
| Loans | Q2 2022vs Q2 2021 | $317.4MM$298.4MM |
| Deposits | Q2 2022vs Q2 2021 | $264.8MM$256.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $47.7MM$34.9MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.8MM$2.1MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.7MM$1.8MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $211.00K$211.00K |