Charles Schwab Trust Bank
Westlake, TX · Owner: The Charles Schwab Corporation
$10.5B
total assets, June 30, 2026
$10.5B
total assets, June 30, 2026
Charles Schwab Trust Bank is a state member bank based in Westlake, TX, owned by The Charles Schwab Corporation (SCHW). As of June 30, 2026 it held $10.5 billion in assets and $9.7 billion in deposits; assets were up 8.7% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$10.5B
+8.7% in a year · +0.9% in a quarter
Deposits
$9.7B
+9.3% in a year · +0.6% in a quarter
Loans
$0
vs a year before: -
Profit so far
$107M
Jan 1 to Jun 30, 2026 · +12.2% in a year
Capital ratio
10.93%
-1.39 pts in a year
Return on assets
2.05%
+0.11 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
- Jul 2, 2018
- Employees
- 255
- Branches
- 1
- Id
- b59108
Quarter by quarter
September 30, 2018 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 $9.7 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Texas | 1 | $9.7B | 100.0% |
Related pages
Questions and answers
How big is Charles Schwab Trust Bank?
$10.5 billion in total assets and $9.7 billion in deposits as of June 30, 2026, with assets up 8.7% from a year before. Its loans were $0.
How many branches does Charles Schwab Trust Bank have?
1 branch in Texas as of June 30, 2026.
Is Charles Schwab Trust Bank profitable?
Yes: it earned $107.4 million from January 1 to June 30, 2026 (up 12.2% from the same months a year before). Its return on assets was 2.05% a year; about 1% is typical.
Who owns Charles Schwab Trust Bank?
Charles Schwab Trust Bank is owned by The Charles Schwab Corporation, its holding company, which is listed as SCHW.
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.