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Bankwest, Inc.

Pierre, SD · Est. 1889 · Website ↗
B
Trust Grade
Strong
Score: 88/100

Bankwest, Inc. is a bank based in Pierre, South Dakota, established in 1889, with $1.9 billion in total assets across 22 branches. By Trust Grade it ranks 48th of 56 banks we track in South Dakota. Its capital ratio of 8.1% trails most similarly sized banks (10th percentile), versus a South Dakota median of 10.4%. It was profitable over the most recent period, with a 0.65% return on assets. No consumer complaints against Bankwest, Inc. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$1.9B
$1B–10B institution
Deposits
$1.6B
Branches
22
Capital ratio
8.1%
Bottom 10% of $1B–10B peers · South Dakota median 10.4%
Return on assets
0.6%
Bottom 14% of $1B–10B peers · South Dakota median 1.32%
Rank in South Dakota
#48
of 56 banks

How Bankwest, Inc. compares to South Dakota peers

Capital ratio
Bottom 10% of $1B–10B peers
Bankwest, Inc.
8.1%
South Dakota median
10.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 14% of $1B–10B peers
Bankwest, Inc.
0.6%
South Dakota median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Bankwest, Inc.

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
88/100
Customer experience
n/a
Overall
B · 88
  • Well-capitalized (8.1% capital ratio)
  • Profitable (ROA 0.65%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Bankwest, Inc. over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (22)

  • 101 S Main St, Onida, SD 57564
  • 112 W Main St, Delmont, SD 57330
  • 107 S Highland Ave, Pierre, SD 57501
  • 1611 N Harrison Ave, Pierre, SD 57501
  • 213 S. Main St., Kennebec, SD 57544
  • 615 Main St, Gregory, SD 57533
  • 703 Main Ave, Armour, SD 57313
  • 420 S Pierre St, Pierre, SD 57501
  • 4400 Main St, Selby, SD 57472
  • 218 Main Ave, Geddes, SD 57342
  • 420 S Pierre St, Pierre, SD 57501
  • 110 W 2nd St, Winner, SD 57580
  • 1200 E Spruce St, Mitchell, SD 57301
  • 210 North Main Street, Tripp, SD 57376
  • 311 Omaha St, Rapid City, SD 57701
  • 1920 N Sanborn Blvd, Mitchell, SD 57301
  • 420 S Pierre St, Pierre, SD 57501
  • 255 Texas St, Rapid City, SD 57701
  • 1046 Makenda Ave, Madison, SD 57042
  • 411 Se 3rd St, Colman, SD 57017
  • 120 E Michigan St, Spearfish, SD 57783
  • 1015 Main St, Kadoka, SD 57543

Are deposits at Bankwest, Inc. insured?

Yes. Bankwest, Inc. is an FDIC-insured bank (FDIC certificate #4009). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Bankwest, Inc.: frequently asked questions

Is Bankwest, Inc. a good bank?

Bankwest, Inc. earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (8.1% capital ratio); Profitable (ROA 0.65%).

Is Bankwest, Inc. FDIC-insured?

Yes. Bankwest, Inc. is a FDIC-insured bank (FDIC certificate #4009). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Bankwest, Inc.?

Bankwest, Inc. holds $1.9 billion in total assets, ranking 48th of 56 banks we track in South Dakota. It operates 22 branches.

Does Bankwest, Inc. have CFPB complaints?

No CFPB complaints against Bankwest, Inc. appear in our data over the analysis window, which is typical for a bank of this size.

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Cortrust Bank National Association
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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