Bank · FDIC insured
BankWest
A $1.9B bank headquartered in Pierre, SD, with 20 branches in South Dakota. Best rates: savings 0.70% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- Savings811.25%at $100,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About BankWest
Headquartered in Pierre, South Dakota, BankWest was founded as Pierre National Bank in 1889 and is led by the fourth and fifth generations of the Burke family.
After adopting the BankWest name in 1980, the bank expanded to 19 bank locations across South Dakota, offering personal and business banking, agricultural lending, and insurance services.
- Headquarters
- 420 S Pierre St, Pierre, SD 57501
- FDIC certificate
- 4009 ↗
Branches
20 branches in South Dakota
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South Dakota
20 branches
Pierre area · 3
- BankWest, Inc.Main office420 S Pierre St, Pierre, SD 57501Directions
- Capitol Avenue Branch107 S Highland Ave, Pierre, SD 57501Directions
- Harrison Hill Branch1611 N Harrison Ave, Pierre, SD 57501Directions
Mitchell area · 2
- Mitchell - Sanborn Blvd1920 N Sanborn Blvd, Mitchell, SD 57301Directions
- Mitchell South Branch1200 E Spruce St, Mitchell, SD 57301Directions
Rapid City area · 2
- Westhills Village255 Texas St, Rapid City, SD 57701Directions
- Rapid City Branch311 Omaha St, Rapid City, SD 57701Directions
Armour area · 1
- First State Bank Branch703 Main Ave, Armour, SD 57313Directions
Colman area · 1
- Colman Branch411 Se 3rd St, Colman, SD 57017Directions
Delmont area · 1
- Delmont Branch112 W Main St, Delmont, SD 57330Directions
Geddes area · 1
- Geddes Branch218 Main Ave, Geddes, SD 57342Directions
Gregory area · 1
- Gregory Branch615 Main St, Gregory, SD 57533Directions
Kadoka area · 1
- Kadoka Branch1015 Main St, Kadoka, SD 57543Directions
Kennebec area · 1
- Kennebec Branch213 S. Main St., Kennebec, SD 57544Directions
Madison area · 1
- Madison Branch1046 Makenda Ave, Madison, SD 57042Directions
Onida area · 1
- Onida Branch101 S Main St, Onida, SD 57564Directions
Selby area · 1
- Bankwest Branch4400 Main St, Selby, SD 57472Directions
Spearfish area · 1
- Bankwest, Inc Spearfish Branch120 E Michigan St, Spearfish, SD 57783Directions
Tripp area · 1
- Tripp Branch214 South Main Street, Tripp, SD 57376Directions
Winner area · 1
- Winner Branch110 W 2nd St, Winner, SD 57580Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.21% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 2.76% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.69% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $86 | $88 | — |
- CapitalLeverage ratio9.21%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent2.76%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.69%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$86Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of BankWest are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.