BANKWEST: Building a Legacy of Caring.

BANKWEST, located in Rockford, Hanover, and Buffalo, Minnesota is your full-service bank. Our friendly employees are dedicated to working together with you to help achieve your financial goals. We offer a variety of checking and savings accounts to fit your needs, and we offer competitive rates on our loans and CDs.

Extension of Temporary Increase in Standard Maximum
On May 20, 2009, President Obama signed the Helping Families Save Their Homes Act, which extends the temporary increase in the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor through December 31, 2013. This extension of the temporary $250,000 coverage limit became effective immediately upon the President's signature. The legislation provides that the SMDIA will return to $100,000 on January 1, 2014.

FDIC’s Transaction Account Guarantee Program
BANKWEST is participating in the FDIC’s Transaction Account Guarantee Program. Under this program, through December 31, 2009, all non interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Deposits in a BANKWEST Business Savings account, Money Market Savings account or a Power Checking account may not be covered by the FDIC’s Transaction Account Guarantee Program. Deposits in these accounts, however, will be covered by the FDIC’s general deposit insurance rules up to $250,000.