Bank · FDIC insured
Charles Schwab Bank
A $250.8B bank, the 17th largest of 4,207, headquartered in Westlake, TX, with 1 branch in Texas. It opens accounts online nationwide. Best rates: CDs 0.00% and savings 0.15% APY.
Charles Schwab Bank Carrot Score
60
Carrot Score
Higher than 1% of U.S. banks and credit unions
#19 of 19 nationwide online banksHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Charles Schwab Bank
Schwab Bank was created to meet the high standards and varied needs of investor clients.
- Headquarters
- 3000 Schwab Way, Westlake, TX 76262
- FDIC certificate
- 57450 ↗
Branches
1 branch in Texas
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Texas
1 branch
- Charles Schwab Bank, SSBMain office3000 Schwab Way, Westlake, TX 76262Directions
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 | 10.65% | 9.97% | 10.85% or more |
| Troubled loansNoncurrent | 0.04% | 0.70% | 0.47% or less |
| ProfitabilityReturn on assets | 1.33% | 1.23% | 1.55% or more |
| LendingLoans per $100 deposited | $30 | $85 | — |
- CapitalLeverage ratio10.65%Peers’ middle 9.97% · Top 25% 10.85%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.70% · Top 25% ≤0.47%
- ProfitabilityReturn on assets1.33%Peers’ middle 1.23% · Top 25% 1.55%+
- LendingLoans per $100 deposited$30Peers’ middle $85
Compared with the 164 banks with $10 billion or more 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 Charles Schwab Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.