WestStar Bank


Overview / Commentary
915-532-1000
601 N. Mesa St, # 1100
El Paso, TX 79901

WestStar Bank is headquartered in EL PASO and is the 39th largest bank in the state of Texas. It is also the 417th largest bank in the nation. It was established in 1990 and as of March of 2023, it had grown to 339 employees at 14 locations. WestStar Bank's money market rates are 2X the national average, and it has an A health rating.

Reviews (1)

Terrific Reception

Posted by: |

One would think the world should be improving but alas that us a fool's paradise. My other financial institutions have fallen diastrously so i am attempting to move funds.
Very welcoming staff. Pleasant atmosphere. You will NOT garner APY to amount to anything but if you are a local it may be the best choice.



Health

Health Grade Components

Overall
FDIC Certificate #32941
Year Established1990
Employees339
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.8%
Return on Equity - YTD21.43%
Annual Interest Income$30.0MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$2.76B$2.67B
LoansQ1 2023vs Q1 2022$1.83B$1.64B
DepositsQ1 2023vs Q1 2022$2.46B$2.34B
Equity CapitalQ1 2023vs Q1 2022$246.4MM$244.1MM
Loan Loss AllowanceQ1 2023vs Q1 2022$17.3MM$19.5MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$131.00K$0
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

WestStar Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$100-Simply Savings
0.25%$100-Simply Savings Commercial

WestStar Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$1m*-Money Market Savings Account
OTHER TIERS: 0.65% Up to $3k | 0.70% $3k - $50k | 0.80% $50k - $250k | 0.85% $250k - $1m

WestStar Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$25k*-Preferred Transaction Account
OTHER TIERS: 0.05% $3k - $25k
0.10%*$25k*-Gold Transaction Account
OTHER TIERS: 0.05% $1.5k - $25k
Locations

Availability

El Paso Area

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