Southwest Bank Reviews and Rates

Southwest Bank

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LOCATIONS

TODAY'S FEATURED RATES

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

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

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

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 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!

Overview / Commentary

www.southwest.bank

432-552-5000

4800 E. 42Nd St.
Odessa, TX 79768

Southwest Bank is headquartered in ODESSA and is the 134^th largest bank in the state of Texas. It is also the 1,384^th largest bank in the nation. It was established in 1947 and as of December of 2024, it had grown to 130 employees at 8 locations. Southwest Bank has an A health rating.

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Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	16652
Year Established	1947
Employees	130
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.76%
Return on Equity - YTD	27.73%
Annual Interest Income	$46.1MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$690.6MM$664.2MM
Loans	Q4 2024vs Q4 2023	$490.7MM$475.1MM
Deposits	Q4 2024vs Q4 2023	$612.7MM$595.5MM
Equity Capital	Q4 2024vs Q4 2023	$73.2MM$63.3MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$9.8MM$9.5MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$302K$3.3MM
Real Estate Owned	Q4 2024vs Q4 2023	$1.5MM$260K

TODAY'S FEATURED RATES

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

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 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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