WestStar Bank is headquartered in EL PASO and is the 33rd largest bank in the state of Texas. It is also the 386th largest bank in the nation. It was established in 1990 and as of March of 2024, it had grown to 338 employees at 14 locations. WestStar Bank's money market rates are 2X the national average, and it has a B+ health rating.
Overall | |
---|---|
FDIC Certificate # | 32941 |
Year Established | 1990 |
Employees | 338 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.66% |
Return on Equity - YTD | 18.1% |
Annual Interest Income | $37.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2024vs Q1 2023 | $3.1B$2.76B |
Loans | Q1 2024vs Q1 2023 | $2.22B$1.83B |
Deposits | Q1 2024vs Q1 2023 | $2.51B$2.46B |
Equity Capital | Q1 2024vs Q1 2023 | $282.4MM$246.4MM |
Loan Loss Allowance | Q1 2024vs Q1 2023 | $23.2MM$17.3MM |
Unbacked Noncurrent Loans | Q1 2024vs Q1 2023 | $7.1MM$131K |
Real Estate Owned | Q1 2024vs Q1 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | $100 | - | Simply Savings | |
0.35% | $100 | - | Simply Savings Commercial |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.05%* | $1m* | - | Money Market Savings Account | ||
OTHER TIERS: 0.80% → $0 - $3k | 0.85% → $3k - $50k | 0.95% → $50k - $250k | 1.00% → $250k - $1m |
APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |