Southwest Bank Reviews and Rates

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.southwest.bank

432-552-5000

4800 E. 42Nd St.
Odessa, TX 79768

Southwest Bank is headquartered in ODESSA and is the 128^th largest bank in the state of Texas. It is also the 1,344^th largest bank in the nation. It was established in 1947 and as of March of 2025, it had grown to 124 employees at 8 locations. Southwest Bank has an A+ health rating.

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Health

A+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	16652
Year Established	1947
Employees	124
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.11%
Return on Equity - YTD	10.65%
Annual Interest Income	$11.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$721.4MM$664.2MM
Loans	Q1 2025vs Q1 2024	$472.8MM$475.9MM
Deposits	Q1 2025vs Q1 2024	$641.5MM$595.3MM
Equity Capital	Q1 2025vs Q1 2024	$74.2MM$64.4MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$12.3MM$9.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2.3MM$7.8MM
Real Estate Owned	Q1 2025vs Q1 2024	$1.5MM$260K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Southwest Bank.

Locations

Southwest Bank Locations
Lubbock Branch	10115 Quaker Avenue	Lubbock, TX 79424
Southwest Bank	4800 E 42nd St	Odessa, TX 79762
Convenience Center Branch	5201 John Ben Shepperd Parkway	Odessa, TX 79762
Odessa Downtown Branch	600 West 8th Street	Odessa, TX 79761
Midland Branch	1301 West Wall Street, Suite A	Midland, TX 79701
Lubbock West Loop Branch	1901 W Loop 289 Ste 4	Lubbock, TX 79407
Midland North Branch	4715 North Midland Drive	Midland, TX 79707

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