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BankHealth

SUNWEST BANK

SANDY, UTAH · FDIC Cert #20164

B
Health Score
71/100
$3.4B
Total Assets
$2.6B
Total Deposits
9.60%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SUNWEST BANK holds a Tier 1 capital ratio of 9.60%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SUNWEST BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.36%
Nonperforming Loans
Low — healthy loan portfolio
20.50%
Liquidity Ratio
Strong — can meet withdrawal demands
1.41%
Return on Assets
Profitable — earning well on assets
$2.6B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SUNWEST BANK shows strong financial health indicators. With $3.4B in assets and a Health Score of 71/100, 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.

Frequently Asked Questions

SUNWEST BANK has a Bank Health Score of B (71/100). It holds a Tier 1 capital ratio of 9.60%, 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.

SUNWEST BANK holds $3.4B in total assets and $2.6B in total deposits. It is located in SANDY, UTAH (FDIC Certificate #20164).

SUNWEST BANK has a Tier 1 capital ratio of 9.60%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.36%, and the return on assets is 1.41%.

Yes. SUNWEST BANK is FDIC-insured (Certificate #20164). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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