Mortgage Lender Index

BankWest, Inc.

BankWest, Inc. is a state bank, not a federal reserve member based in Pierre, South Dakota, with $1.9 billion in assets and $1.6 billion in deposits as of 30 June 2026. The FDIC’s 2026 branch survey counts 22 branches in 15 counties.

FDIC certificate4009
Charter classState bank, not a Federal Reserve member
EstablishedNot published
Assets$1.9 billion
Deposits$1.6 billion
Offices22
Net income, year to date$6.6 million
Return on assets0.69%
Websitewww.bankwest-sd.com
Mortgage lendingBANKWEST, INC. reported 650 mortgages made in 2025.

Branches by county, 2026

CountyBranchesDeposits
Hughes County, SD 5$671.5 million
Davison County, SD 2$120.5 million
Pennington County, SD 2$101.2 million
Douglas County, SD 2$78.1 million
Gregory County, SD 1$119.8 million
Sully County, SD 1$101.7 million
Lake County, SD 1$87.8 million
Walworth County, SD 1$82.2 million
Tripp County, SD 1$55.4 million
Jackson County, SD 1$50.7 million
Lyman County, SD 1$49.0 million
Hutchinson County, SD 1$40.3 million
Moody County, SD 1$39.9 million
Charles Mix County, SD 1$35.2 million
Lawrence County, SD 1$11.9 million

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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. Branches and deposits come from the FDIC Summary of Deposits as of 30 June 2026, and bank balance sheets from the FDIC institutions directory. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.