Charles Schwab Bank, SSB
Westlake, TX · Owner: The Charles Schwab Corporation
$251B
total assets, June 30, 2026
$251B
total assets, June 30, 2026
Charles Schwab Bank, SSB is a state member bank based in Westlake, TX, owned by The Charles Schwab Corporation (SCHW). As of June 30, 2026 it held $250.8 billion in assets and $225.2 billion in deposits; assets were up 1.3% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$251B
+1.3% in a year · +3.3% in a quarter
Deposits
$225B
+7.5% in a year · +2.4% in a quarter
Loans
$67.3B
+39.1% in a year · +16.8% in a quarter
Profit so far
$1.7B
Jan 1 to Jun 30, 2026 · +58.9% in a year
Capital ratio
10.65%
-1.51 pts in a year
Return on assets
1.33%
+0.53 pts in a year
Facts
- Type
- State member bank
- Head office
- 3000 Schwab Way, Westlake, TX, 76262
- County
- Denton
- Holding company
- The Charles Schwab Corporation (SCHW)
- Established
- Apr 28, 2003
- Employees
- 1,133
- Branches
- 1
- Website
- www.schwabbank.com
- Id
- b57450
Quarter by quarter
June 30, 2003 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
1 office as of June 30, 2026, holding $225.2 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Texas | 1 | $225B | 100.0% |
Consumer complaints
Complaints consumers sent about The Charles Schwab Corporation, the owner of this bank, and its units, 12 months to Sep 2026
Last 12 months
371
+77.5% vs the 12 months before
Closed with relief
4.2%
Money back: 4.2%
Answered on time
99.7%
12 still in progress
Most common product
Bank accounts
85% of its complaints
Complaints per month
Hover a month for the count
By product
12 months to Sep 2026
| Top issues | Complaints | Share | Relief |
|---|---|---|---|
| Managing an account | 205 | 55.3% | 5.0% |
| Problem with a lender or other company charging your account | 45 | 12.1% | 4.5% |
| Closing an account | 37 | 10.0% | 2.8% |
| Fraud or scam | 20 | 5.4% | 5.3% |
| Opening an account | 16 | 4.3% | 0.0% |
| Other transaction problem | 16 | 4.3% | 0.0% |
| Problem caused by your funds being low | 9 | 2.4% | 0.0% |
| Problem with a purchase shown on your statement | 7 | 1.9% | 0.0% |
Counted under Charles Schwab Corporation, the. Counts depend on company size: large companies get more complaints. The newest month is partial. More in the SCHW Risk & Compliance tab.
Related pages
Questions and answers
How big is Charles Schwab Bank, SSB?
$250.8 billion in total assets and $225.2 billion in deposits as of June 30, 2026, with assets up 1.3% from a year before. Its loans were $67.3 billion.
How many branches does Charles Schwab Bank, SSB have?
1 branch in Texas as of June 30, 2026.
Is Charles Schwab Bank, SSB profitable?
Yes: it earned $1.7 billion from January 1 to June 30, 2026 (up 58.9% from the same months a year before). Its return on assets was 1.33% a year; about 1% is typical.
Who owns Charles Schwab Bank, SSB?
Charles Schwab Bank, SSB is owned by The Charles Schwab Corporation, its holding company, which is listed as SCHW.
How many consumer complaints does The Charles Schwab Corporation get?
371 complaints in the 12 months to Sep 2026, up 77.5% from the 12 months before. 4% of closed complaints ended with relief, and 99.7% were answered on time.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.