Charles Schwab Bank (FDIC certificate 57450) was established in 2003 and operates through 12 branch offices located in CA and NV. Mr. Paul V. Woolway, President of Charles Schwab Bank, leads a team of 589 employees.The bank's parent holding company, CHARLES SCHWAB CORPORATION, THE is based in , .
Charles Schwab Bank, headquartered in Reno, NV, is rated four stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a four star rating indicates, among other things, that this institution has at least 1½ times the capital that regulators require, is profitable (or operating with a very small loss) and has kept its delinquent loans in check.
Charles Schwab Bank is a savings association (thrift). With $139 billion in total assets, the OCC classifies the bank’s asset concentration as All Other Specialization > 1 Billion.
Charles Schwab Bank is a leader in the investing space. Evaluate their rates and account options below, then open an account securely to take advantage of these great rate offers.
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