Banks in South Dakota
Deposit market share, branch network and structure changes for South Dakota, from official FDIC data.
Active branches
437
Deposits (2026)
$1.2T
Closings on record
59
Openings on record
39
Largest retail branch networks in South Dakota (2026)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Wells Fargo | $464.8B | 40.3% | +33.8% | 30 |
| First Interstate Bank | $3.4B | 0.3% | +0.4% | 46 |
| First Bank & Trust | $3.3B | 0.3% | +2.4% | 15 |
| First Dakota National Bank | $3.0B | 0.3% | +8.1% | 17 |
| First PREMIER Bank | $2.9B | 0.3% | +13.3% | 13 |
| Dacotah Bank | $2.9B | 0.2% | +3.4% | 21 |
| American Bank & Trust | $1.9B | 0.2% | +11.6% | 18 |
| The First National Bank in Sioux Falls | $1.8B | 0.2% | +10.3% | 19 |
| BankWest, Inc. | $1.6B | 0.1% | +10.7% | 22 |
| U.S. Bank | $1.5B | 0.1% | -1.1% | 10 |
| Plains Commerce Bank | $1.1B | 0.1% | +6.1% | 8 |
| CorTrust Bank | $937M | 0.1% | +12.5% | 22 |
| Pioneer Bank & Trust | $896M | 0.1% | +4.3% | 7 |
| First National Bank | $808M | 0.1% | +1.1% | 13 |
| Reliabank Dakota | $664M | 0.1% | +7.6% | 10 |
| First Fidelity Bank | $649M | 0.1% | +7.6% | 11 |
| First Savings Bank | $415M | 0% | +5.0% | 11 |
Includes institutions reporting at least five active branches in South Dakota. Deposit share is calculated against all deposits assigned to South Dakota offices, so the shares shown do not sum to 100%.
All institutions by deposits assigned to South Dakota offices
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Citibank | $637.7B | 55.2% | +22.1% | 2 |
| Wells Fargo | $464.8B | 40.3% | +33.8% | 30 |
| The Bancorp Bank | $7.5B | 0.6% | -3.7% | 1 |
| Pathward | $6.0B | 0.5% | -0.9% | 1 |
| First Interstate Bank | $3.4B | 0.3% | +0.4% | 46 |
| First Bank & Trust | $3.3B | 0.3% | +2.4% | 15 |
| First Dakota National Bank | $3.0B | 0.3% | +8.1% | 17 |
| First PREMIER Bank | $2.9B | 0.3% | +13.3% | 13 |
| Dacotah Bank | $2.9B | 0.2% | +3.4% | 21 |
| American Bank & Trust | $1.9B | 0.2% | +11.6% | 18 |
| The First National Bank in Sioux Falls | $1.8B | 0.2% | +10.3% | 19 |
| Sunrise Banks | $1.7B | 0.1% | +10.4% | 2 |
| BankWest, Inc. | $1.6B | 0.1% | +10.7% | 22 |
| U.S. Bank | $1.5B | 0.1% | -1.1% | 10 |
| 1st Financial Bank USA | $1.1B | 0.1% | +9.9% | 2 |
| Plains Commerce Bank | $1.1B | 0.1% | +6.1% | 8 |
| CorTrust Bank | $937M | 0.1% | +12.5% | 22 |
| Pioneer Bank & Trust | $896M | 0.1% | +4.3% | 7 |
| First National Bank | $808M | 0.1% | +1.1% | 13 |
| Reliabank Dakota | $664M | 0.1% | +7.6% | 10 |
| First Fidelity Bank | $649M | 0.1% | +7.6% | 11 |
| First National Bank of Omaha | $476M | 0% | +5.1% | 3 |
| Security First Bank | $468M | 0% | -2.8% | 4 |
| Black Hills Community Bank | $430M | 0% | -4.0% | 2 |
| First Savings Bank | $415M | 0% | +5.0% | 11 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.
Closings
- 4000 S SOUTHEASTERN AVE · closed November 14, 2025
- Fifth Third Bank — Sioux Falls, SDbank exits city5501 S BROADBAND LN · closed November 6, 2025
- ESPANA 1050 · closed August 29, 2025
- 100 1ST MAIN STREET · closed April 25, 2025
- U.S. Bank — Hartford, SDbank exits city103 S MAIN AVE · closed March 13, 2025
- 3535 5TH ST · closed January 10, 2025
- 111 MAIN ST · closed October 31, 2024
- U.S. Bank — Pierre, SDbank exits city604 E SIOUX AVE · closed October 22, 2024
- U.S. Bank — Mitchell, SDbank exits city1421 N MAIN ST · closed October 17, 2024
- ESQUINA AVENIDA LWO 7600 · closed June 28, 2024
- 26 VIA BONCOMPAGNI · closed June 17, 2024
- 303 KASAN AVE · closed June 3, 2024
- 1919 HOPE COURT · closed December 31, 2023
- First National Bank of Omaha — Huron, SDbank exits city79 2ND ST SW · closed December 29, 2023
- 221 N MAIN · closed November 1, 2023
- 1305 W 18TH ST · closed October 28, 2023
- 1800 W 12TH ST · closed September 5, 2023
- 1600 4TH ST NE · closed August 11, 2023
- BMO Bank — Hot Springs, SDbank exits city137 S CHICAGO ST · closed June 30, 2023
- 4930 S WESTERN AVE · closed May 31, 2023
- 3700 POTSDAM AVENUE NORTH · closed March 15, 2023
- 18TH AND DAKOTA AVENUE SOUTH · closed February 28, 2023
- 5430 SHERIDAN LAKE RD. · closed January 27, 2023
- 1540 SAMCO ROAD · closed December 31, 2022
- 160 MAIN STREET WEST · closed December 30, 2022
- 4619 EAST ARROWHEAD PARKWAY · closed December 15, 2022
- 68 FORT STREET · closed December 14, 2022
- Western Dakota Bank — Eagle Butte, SDbank exits cityHIGHWAY 212 · closed November 30, 2022
- 6810 S. MINNESOTA AVE · closed October 18, 2022
- 100 MAIN STREET · closed September 2, 2022
- Wells Fargo — Redfield, SDbank exits city25 SIXTH AVENUE WEST · closed August 17, 2022
- Wells Fargo — Beresford, SDbank exits city1208 WEST CEDAR STREET · closed August 17, 2022
- Wells Fargo — Winner, SDbank exits city425 SOUTH MAIN STREET · closed August 17, 2022
- 7/F, CITYPLAZA FOUR, 12 TAIKOO WAN ROAD · closed July 31, 2022
- 223 SOUTH PHILLIPS AVENUE · closed June 30, 2022
- 1000 EAST SD HIGHWAY 16 · closed June 3, 2022
- First Interstate Bank — Canton, SDbank exits city102 W 5TH ST · closed May 20, 2022
- 510 MAIN STREET · closed May 20, 2022
- 1516 EAST SAINT PATRICK STREET · closed May 20, 2022
- Wells Fargo — Deadwood, SDbank exits city721 MAIN STREET · closed March 9, 2022
- 751 MOUNTAIN VIEW ROAD · closed February 11, 2022
- Huntington Bank — Sioux Falls, SDbank exits city2508 SOUTH LOUISE AVENUE · closed February 11, 2022
- First Interstate Bank — Colman, SDbank exits city118 NORTH MAIN STREET · closed February 1, 2022
- 920 FIFTH STREET S.E. · closed January 1, 2022
- Wells Fargo — Dell Rapids, SDbank exits city317 EAST FOURTH STREET · closed July 14, 2021
- Huntington Bank — Sioux Falls, SDbank exits city2508 S LOUISE AVE · closed June 9, 2021
- Huntington Bank — Sioux Falls, SDbank exits city2508 SOUTH LOUISE AVE · closed June 9, 2021
- Huntington Bank — Sioux Falls, SDbank exits city2508 SOUTH LOUISE AVENUE · closed June 9, 2021
- Wells Fargo — Belle Fourche, SDbank exits city600 STATE STREET · closed June 2, 2021
- 1808 SOUTH CLIFF AVENUE · closed April 30, 2021
- Wells Fargo — Groton, SDbank exits city120 NORTH MAIN STREET · closed March 24, 2021
- MAIN STREET · closed March 19, 2021
- 20 NORTH MAPLE STREET · closed February 24, 2021
- U.S. Bank — Colton, SDbank exits city200 EAST 4TH STREET · closed November 1, 2020
- 133 SOUTH MAIN AVENUE · closed October 19, 2020
- 910 NORTH SYCAMORE AVENUE · closed September 30, 2020
- 102 SOUTH MAIN STREET · closed July 3, 2020
- 28 HEUNG SZE WUI ROAD · closed January 31, 2020
- WHAMPOA GARDEN SITE 1 · closed January 11, 2020
Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.