Safety and Soundness

At Great Western Bank, we attribute our strength to a foundation of several key tenets:

1. A conservative approach
Great Western Bank has never participated in the subprime lending practices that caused such upheaval in the banking industry just a few years ago. We continue to focus on traditional safe and sound banking practices, such as gathering deposits, making loans, and investing in the communities we serve. We are proud of our adherence to consistent, well-articulated lending fundamentals that allow us to meet the needs of local customers while protecting the bank’s balance sheet and earnings potential.

2. Guaranteed protection
Deposits that share the same ownership are insured by the FDIC for up to $250,000 per customer. Deposits in different ownership categories may be separately insured up to the insurance limit. By carefully structuring account ownership, a customer can have more than $250,000 in FDIC protection—and in some cases up to $3 million. For additional account insurance information visit

3. Long-term financial strength
Our capital strength and our history of producing strong earnings results combine to establish Great Western Bank’s operating staying power well into the future. As of March 31, 2016, US GAAP accounting standards showed Great Western Bank with total assets of more than $9.9 billion. Effective May 16, 2016, we completed the acquisition of HF Financial Corp. and its bank, Home Federal Bank, increasing total assets to over $11 billion. Click here to read our Investor Fact Sheet and learn more about Great Western Bank.

4. Stability and deep resources
Great Western Bank is a strong financial institution with over 80 years of sound and prudent banking practices. We have long operated well in excess of the regulatory capital thresholds to be considered a well-capitalized financial institution. If you have questions, please contact us at 1-800-952-2043 or stop by your nearest Great Western Bank location.