Charles Schwab Bank, Ssb is a bank based in Westlake, Texas, established in 2003, with $242.9 billion in total assets across 1 branch. By Trust Grade it ranks 329th of 349 banks we track in Texas. Its capital ratio of 7.5% trails most similarly sized banks (16th percentile), versus a Texas median of 10.9%. It was profitable over the most recent period, with a 1.29% return on assets. Consumers filed 723 complaints about CHARLES SCHWAB CORPORATION, THE with the CFPB — 3 per $1B in assets, a lower rate than 76% of peers.
How Charles Schwab Bank, Ssb compares to Texas peers
How we graded Charles Schwab Bank, Ssb
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.5% capital ratio)
- Strongly profitable (ROA 1.29%)
- 3.0 complaints per $1B in assets
Consumer complaints (CFPB)
723 complaints filed with the CFPB against CHARLES SCHWAB CORPORATION, THE — 3 per $1B in assets.
Branch locations (1)
- 3000 Schwab Way, Westlake, TX 76262
Are deposits at Charles Schwab Bank, Ssb insured?
Yes. Charles Schwab Bank, Ssb is an FDIC-insured bank (FDIC certificate #57450). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Charles Schwab Bank, Ssb: frequently asked questions
Is Charles Schwab Bank, Ssb a good bank?
Charles Schwab Bank, Ssb earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 89/100 and a customer-experience score of 78.58520055325035/100. Well-capitalized (7.5% capital ratio); Strongly profitable (ROA 1.29%).
Is Charles Schwab Bank, Ssb FDIC-insured?
Yes. Charles Schwab Bank, Ssb is a FDIC-insured bank (FDIC certificate #57450). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Charles Schwab Bank, Ssb?
Charles Schwab Bank, Ssb holds $242.9 billion in total assets, ranking 329th of 349 banks we track in Texas. It operates 1 branch.
How many complaints does Charles Schwab Bank, Ssb have?
Consumers filed 723 complaints about CHARLES SCHWAB CORPORATION, THE with the CFPB, or 3 per $1B in assets. 99% were answered on time. 5% closed with relief to the consumer.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
