Western Alliance Bank is headquartered in Phoenix and is the largest bank in the state of Arizona. It is also the 44th largest bank in the nation. It was established in 2003 and as of June of 2022, it had grown to 3,330 employees at 36 locations. Western Alliance Bank's savings rates are 8X the national average, and it has an A health rating.
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Fast Deposit Transfer
I opened a high yield savings with W.A. through Savebetter.
Transfer was visible and deposited in 2 days, still awaiting for available funds (it has only been 2 business days). The website stated no transfer limitations, I called Wester Alliance, they transferred me to the Savebetter dept, and they verified they do not have a daily/monthly limit for external transfer withdrawals. currently @ 4.23%
Edit. Available funds took 3 business days.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57512 |
| Year Established | 2003 |
| Employees | 3330 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.62% |
| Return on Equity - YTD | 18.61% |
| Annual Interest Income | $1.06B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $65.99B$49.07B |
| Loans | Q2 2022vs Q2 2021 | $51.28B$34.26B |
| Deposits | Q2 2022vs Q2 2021 | $54.03B$42.31B |
| Equity Capital | Q2 2022vs Q2 2021 | $5.26B$4.50B |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $273.2MM$232.9MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $82.0MM$94.8MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $11.7MM$3.9MM |
