Charles Schwab Premier Bank, SSB is headquartered in Westlake, Texas. It is a state-chartered bank and member of the Federal Reserve System, established 08/30/1991 and insured by the FDIC since 08/30/1991. At the 06/30/2026 reporting date it held $26.6 billion in assets and $24.5 billion in deposits across 1 office.
Size
By total assets it ranks #81 of 4,213 active FDIC-insured banks in the United States. Among the 346 FDIC-insured banks headquartered in Texas it ranks #5.
Capital and earnings
| Equity capital | $2.1 billion (7.9% of assets) |
|---|---|
| Net income, year to date | $205 million through 06/30/2026 |
| Return on assets (annualized) | 1.52% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Charles Schwab Premier Bank, SSB holds FDIC certificate number 33497. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in Texas
- Charles Schwab Bank, SSB, $251 billion in assets
- Frost Bank, $54.0 billion in assets
- Prosperity Bank, $43.9 billion in assets
- Texas Capital Bank, $33.6 billion in assets
- Sunflower Bank, National Association, $15.7 billion in assets
- First Financial Bank, $15.2 billion in assets
Banks of a similar size
- WaFd Bank, #79, $27.6 billion in assets
- Renasant Bank, #80, $27.0 billion in assets
- Customers Bank, #82, $26.5 billion in assets
- First Interstate Bank, #83, $25.8 billion in assets
Related
- Credit unions in Texas
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- Texas property tax, home prices and banks
- All large US banks
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site.