Charles Schwab Bank
Legal institution: Charles Schwab Bank, SSB. Headquartered in Westlake, TX. Part of Charles Schwab Corporation, the. FDIC certificate #57450 · Federal Reserve RSSD 3150447.
Total assets
$242.9B
Deposits
$219.9B
Q1 2026
Active branches
1
Closings since Jan 2020
0
0 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$803M
Return on assets
1.29%
Return on equity
17.40%
Noncurrent loan rate
0.06%
Deposits by year (Summary of Deposits)
1952019
2682020
3272021
3892022
2722023
2242024
2102025
Values in $ billions, June 30 of each year.
Other network changes since 2020
- 1 branch relocations
- March 20, 2020: legal name changed from “Charles Schwab Bank” to “Charles Schwab Bank, SSB”
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.schwabbank.com.