When was Sunwest Bank founded?

Sunwest Bank was founded in 1969 and raised its 1st funding round 42 years after it was founded.

Where is Sunwest Bank located?

Sunwest Bank is headquartered in Irvine, United States. It is registered at Rīga, Biķernieku iela 69 - 27.

Who is the current CEO of Sunwest Bank?

Eric Donald Hovde of Sunwest Bank.

Which legal entities is Sunwest Bank associated with?

Sunwest Bank is associated with SunWest and 1 other.

How many employees does Sunwest Bank have?

As of Dec 31, 2022, the latest employee count at Sunwest Bank is 225.

Is Sunwest Bank a funded company?

Sunwest Bank is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Nov 09, 2011.

When was the latest funding round of Sunwest Bank?

Sunwest Bank's latest funding was a $***** Grant (prize money) round on Nov 09, 2011, with participation from 1 investor.

Where does Sunwest Bank rank among its competitors?

Sunwest Bank ranks 358th amongst 6099 active competitors, of which 186 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Citi, which secured $165M in May, 2025.

Who are the top competitors of Sunwest Bank?

Sunwest Bank's top competitors include Truist, Bank of America and Citi. Among them, Citi secured the most recent funding round in May, 2025.

Sunwest Bank - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: sunwestbank.com
Social
Email ID: *****@sunwestbank.com
Phone Number: +1 **********
Registered Address: Rīga, Biķernieku iela 69 - 27

Key Metrics

Founded Year

1969

Location

Irvine, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Nov 09, 2011, $*****

Investors

Treasury

Ranked

358^th among 6099 active competitors

Employee Count

225 as on Dec 31, 2022

Investment & Acquisitions

Clearinghouse CDFI & 2 more

Similar Companies

Metro Bank & 18213 more

View Sunwest Bank's full profile

Sunwest Bank is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUNWEST BANK CIN: 952630202 , United States, Active		-	273 (As on Dec 31, 2024)	-
SunWest CIN: 40103908250 , Latvia, Active	Jun 18, 2015	$62.7K (As on Dec 31, 2024)	2 (As on Dec 31, 2023)	-

Sunwest Bank has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Nov 09, 2011 for $*****. 1 investor participated in its latest round. Sunwest Bank has 1 institutional investor.

Here is the list of recent funding rounds of Sunwest Bank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 09, 2011	2202370	Grant (prize money)	9340039	7859354	5008233	3880022

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View details of Sunwest Bank's funding rounds and investors

Sunwest Bank's employee count trend

Sunwest Bank has 225 employees as of Dec 22. The total employee count is 20.0% more than what it was in Dec 21. Here is Sunwest Bank's employee count trend over the years:

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Top competitors of Sunwest Bank include Truist, Bank of America and Citi. Here is the list of Top 10 competitors of Sunwest Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Truist 1872, Charlotte (United States), Acquired	Commercial Bank that also provides other wealth management services	$900K	Bay Capital Investment Partners, Sopris Capital ... & 5 others	79/100
2nd	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Black Capital Investments, Berkshire Hathaway ... & 5 others	78/100
3rd	Citi 1812, New York City (United States), Public	Provider of financial services including banking, markets, international, and wealth management	-	Berkshire Hathaway, B Capital Fund & 6 others	78/100
4th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
5th	Citizens Bank 1828, Providence (United States), Public	Commercial bank	-	First National Bank of Decatur, SAFE Security	75/100
6th	Charles Schwab 1971, El Paso (United States), Public	Commercial bank	-	AirTree, World Capital Holdings Group & 2 others	75/100
7th	United Community Bank 1950, Blairsville (United States), Acquired	Provider of personal and business banking, mortgage, and wealth management services	$490M	Corsair Capital, Patriot Financial Partners ... & 1 others	73/100
8th	J P Morgan 1799, New York City (United States), Public	Provider of financial services for corporations and individuals	-	Berkshire Hathaway, Bondeinvest.com & 10 others	73/100
9th	KeyBank 1849, Cleveland (United States), Public	Provider of personal banking, small business, and wealth management services	-	Caltius Capital Management, Aurum Venture Partners ... & 3 others	71/100
10th	Coastal Community Bank 1997, Everett (United States), Public	Community bank offering business and personal banking solutions with digital innovation	$6.61M	The Banc Funds, Montlake Capital & 1 others	71/100
358th	Sunwest Bank 1969, Irvine (United States), Funding Raised	Commercial bank with national presence	-	Treasury	47/100

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Sunwest Bank has made 3 investments including Clearinghouse CDFI, Neocova and Clearinghouse CDFI. Sunwest Bank has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 23, 2024	Investments	Clearinghouse CDFI	1996	Lake Forest (United States)
Jan 13, 2020	Investments	Neocova	2019	St. Louis (United States)
Sep 25, 2014	Investments	Clearinghouse CDFI	1996	Lake Forest (United States)