Charles Schwab Bank SSB
Westlake, Texas · FDIC Cert #57450
Charles Schwab Bank SSB is an FDIC-insured bank (Certificate #57450) with $273.8B in total assets and $224.0B in total deposits as of the Q2 2024 Call Report. Headquartered in Westlake, Texas, the bank maintains a Tier 1 capital ratio of 39.89% (Well-Capitalized) and a nonperforming loan ratio of 0.05%. BankHealthData assigns a composite Health Grade of A (93/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Charles Schwab Bank SSB (FDIC cert 57450) is a mega-bank: $273.8B in total assets, $224.0B in deposits, headquartered in Westlake, Texas. Banks at this scale account for the bulk of U.S. banking assets and operate under enhanced prudential standards from the Federal Reserve, OCC, and FDIC.
Capital position is strong: Tier 1 capital ratio of 39.89% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.05% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is very high: 81.7% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is thin: ROA of 0.29% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Charles Schwab Bank SSB carries a composite BankHealth grade of A (93/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Charles Schwab Bank SSB
- Total Assets
- $273.8B
- Total Deposits
- $224.0B
- Tier 1 Capital Ratio
- 39.89%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.05%
- Liquidity Ratio
- 81.68%
- Return on Assets
- 0.29%
- Headquarters
- Westlake, Texas
- FDIC Certificate
- #57450
- Health Grade
- A (93/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Charles Schwab Bank SSB holds a Tier 1 capital ratio of 39.89%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Charles Schwab Bank SSB has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Charles Schwab Bank SSB shows strong financial health indicators. With $273.8B in assets and a Health Score of 93/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Charles Schwab Bank SSB Compares
Charles Schwab Bank SSB’s Health Score of 93 is 19 points above the Texas state average of 74 across 321 FDIC-insured banks. Its 39.89% Tier 1 capital ratio is 25.9 points above the US banking industry average near 14%. The 0.05% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.29% is below the national ROA benchmark of ~1.1%. Among 19 similarly-sized banks, the average Health Score is 84, meaning this bank ranks above its size cohort. Site-wide, Charles Schwab Bank SSB is 23 points above the portfolio average of 70.
Frequently Asked Questions
Charles Schwab Bank SSB has a Bank Health Score of A (93/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 39.89%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Charles Schwab Bank SSB's Tier 1 capital ratio of 39.89% and nonperforming loan ratio of 0.05% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Charles Schwab Bank SSB is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #57450). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Charles Schwab Bank SSB holds $273.8B in total assets and $224.0B in total deposits. It is headquartered in Westlake, Texas (FDIC Certificate #57450).
Charles Schwab Bank SSB has a Tier 1 capital ratio of 39.89%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.05%, and the return on assets is 0.29%.
Yes. Charles Schwab Bank SSB is FDIC-insured (Certificate #57450). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Charles Schwab Bank SSB's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.