Goldwater Bank

Overview | Locations (Online) | Receive alerts for this bank

REVIEWS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.25%	5-year CD	5 Year CD - Out of State 1.85% - Synchrony Bank 60 Month CD
0.90%	1-year CD	12 Month Liquid CD - Out of State 1.05% - Ally Bank High Yield 12-Month CD
0.20%	Savings	Goldwater Savings - Out of State 1.00% - Ally Bank Online Savings Account

View all Goldwater Bank rates »

Overview / Commentary

goldwaterbank.com

866-656-4653

7135 East Camelback Road, Suite I-201
Scottsdale, AZ 85251

Goldwater Bank is the 3,473^rd largest bank in the nation. It was established in 2007 and as of June of 2016, it had grown to 667 employees. Goldwater Bank's CD rates are 19% higher than the national average, and it has a B+ health rating.

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.

Reply

3

Health

B+

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
FDIC Certificate #	58405
Year Established	2007
Employees	667
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	2.08%
Return on Equity - YTD	28.49%
Annual Interest Income	$2.5MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$157.1MM$103.1MM
Loans	Q2 2016vs Q2 2015	$117.2MM$85.2MM
Deposits	Q2 2016vs Q2 2015	$141.9MM$92.3MM
Equity Capital	Q2 2016vs Q2 2015	$9.9MM$6.3MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$429.00K$392.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$1.7MM$2.8MM
Real Estate Owned	Q2 2016vs Q2 2015	$256.00K$256.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
0.20%	$100	-	Goldwater Savings - AZ Only
0.20%	$100	-	Business Savings - AZ Only
0.20%	-	-	Youth Savings - AZ Only
0.20%	$100	-	Business Savings - Out of State
0.20%	$100	-	Goldwater Savings - Out of State
0.20%	-	-	Youth Savings - Out of State

Goldwater Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.38%^*	$100k^*	-	Market Market - AZ Only
OTHER TIERS: 0.26% → Up to $100k
0.38%^*	$100k^*	-	Business Money Market - AZ Only
OTHER TIERS: 0.26% → Up to $100k
0.38%^*	$100k^*	-	Business Money Market - Out of State
OTHER TIERS: 0.26% → Up to $100k
0.38%^*	$100k^*	-	Market Market - Out of State
OTHER TIERS: 0.26% → Up to $100k

Goldwater Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$5k^*	-	Goldwater Checking - AZ Only
OTHER TIERS: 0.05% → $100 - $5k
0.10%^*	$5k^*	-	Goldwater Checking - Out of State
OTHER TIERS: 0.05% → $100 - $5k

Goldwater Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.25%	$5k	-	5 Year CD - AZ Only
1.25%	$5k	-	5 Year CD - Out of State
1.20%	$5k	-	3 Year CD - AZ Only
1.20%	$5k	-	3 Year CD - Out of State
1.18%	$5k	-	24 Month CD - AZ Only
1.18%	$5k	-	24 Month CD - Out of State
1.15%	$5k	-	18 Month CD - AZ Only
1.15%	$5k	-	18 Month CD - Out of State
1.11%	$5k	-	15 Month CD - AZ Only
1.11%	$5k	-	15 Month CD - Out of State
1.07%	$5k	-	12 Month CD - AZ Only
1.07%	$5k	-	12 Month CD - Out of State
0.90%	$5k	-	12 Month Liquid CD - AZ Only
0.90%	$5k	-	12 Month Liquid CD - Out of State
0.85%	$5k	-	180 Day CD - AZ Only
0.85%	$5k	-	180 Day CD - Out of State
0.50%	$5k	-	90 Day CD - AZ Only
0.50%	$5k	-	90 Day CD - Out of State

Locations

Goldwater Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 7135 East Camelback Road, Suite I-201 - Scottsdale, AZ 85251