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Southwest Capital Bank Review

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Southwest Capital Bank Savings
0.05% APY
1. Overview 2. How We Rated It 3. Products Offered 4. Branch Locations


Southwest Capital Bank first started operating in 1890 and is headquartered in Albuquerque, New Mexico. Southwest Capital Bank has assets of $385 million along with deposits totaling $339 million, ranking it as a small bank. Southwest Capital Bank lacks premium access to support representatives, with no live chat or all-day service options available. It is a conventional brick-and-mortar bank with in-person service, in addition to its online and mobile apps. On the whole, Southwest Capital Bank is a fair bank that you should further examine to see if it fits your needs, with a rating of 2.9 out of 5 stars from our team. Southwest Capital Bank provides customers with the full slate of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs and credit cards. Southwest Capital Bank has a fair savings rate; you can find higher rates with other banks. The bank's standard checking product features a monthly fee of $3.50, which places it at the higher end of monthly fees. Using an institution with free checking as well as a high savings APY is the best option for returning the highest income from your deposits while having convenient access to your money.

How We Rated It

SmartAsset's Overall Rating

National Average: 4.1

The overall rating is a weighted average of rates, fees, service quality and financial health.Read more


SmartAsset Average: 3.5

Southwest Capital Bank has a savings rate of 0.05%, which is poor compared to the national average. Southwest Capital Bank's one-year and five-year term lengths CDs earn at a rate of 0.45% and 2.00%, respectively, while its highest-yielding money market account earns at a rate of 0.10%. Given its poor savings rate, you should consider choosing another bank to earn more on your deposits.

How Southwest Capital Bank's Savings Rates Compare

Southwest Capital Bank Savings 0.05 National Average 0.26 Compare Offers
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SmartAsset Average: 4.4

Southwest Capital Bank charges its customers high fees in comparison to other U.S. banks. At $3.50/month, Southwest Capital Bank's checking account is not great for people who need a hassle-free banking experience. Southwest Capital Bank doesn't reimburse out-of-network ATM charges, meaning you'll be required to search for a Southwest Capital Bank ATM or pay the ATM charge.

Monthly Fee $3.50 National Average: $3.21
Non-network ATM Fee N/A National Average: $1.20
Overdraft Fee N/A National Average: $35.00
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Service Quality

SmartAsset Average: 3.7

Southwest Capital Bank is a brick-and-mortar bank, with six total bank locations in New Mexico. It also offers access to mobile and web apps for a simple mobile-banking experience. Southwest Capital Bank's mobile app lets you control your finances by reviewing account balances, transferring funds as well as reaching support representatives. Southwest Capital Bank gets a superb consumer satisfaction rating due to comparatively few consumer complaints filed with the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.

Overall Mobile Rating NR
Consumer Satisfaction Rating 5.0/5
Online Banking Portal No
Live Chat No
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Financial Health

SmartAsset Average: 4.8

Southwest Capital Bank ranks as a small bank with $385 million in assets as well as deposits totaling $339 million. Southwest Capital Bank has a good Texas Ratio of 37.67%, suggesting that the bank is in fine financial condition. Additionally, Southwest Capital Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.

Texas Ratio Analysis

High Risk 75% 50% 20% 10% Low Risk

The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.

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Compare Southwest Capital Bank to Other Competitive Offers

Products Offered

Product Current Terms and Rates Minimum Balance for APY
Savings Account 0.05% APY $100
Checking Account 0.04% APY $750
Certificates of Deposit
  • 12 Month: 0.45% APY
  • 24 Month: 1.00% APY
  • 36 Month: 1.55% APY
  • 48 Month: 1.80% APY
  • 60 Month: 2.00% APY
$1000 for all terms
Money Market Account 0.1% APY $25000

Southwest Capital Bank has several deposit products including savings accounts, checking accounts, money market accounts and CDs that provide you with many options to manage your money. Southwest Capital Bank does not have the best savings rate, which means you should think about other options for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Southwest Capital Bank's CD rates are fair in comparison to the average U.S. bank.

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Find a Southwest Capital Bank Near Me

Southwest Capital Bank has six physical branches in the U.S.

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