Banks in South Dakota: 56 FDIC-Insured Institutions Compared

Banks in South Dakota include 56 FDIC-insured institutions headquartered in the state, holding $3.9 trillion in combined assets across 5,113 branches.

Banks headquartered here
56
Combined assets
$3.9 trillion
Branches
5,113
Largest bank
Citibank, National Association

Every bank headquartered in South Dakota

Citibank, National Association
Sioux Falls, SD
FDIC insured
Assets
$2.0 trillion
Branches
665
Wells Fargo Bank, National Association
Sioux Falls, SD
FDIC insured
Assets
$1.9 trillion
Branches
4,079
The Bancorp Bank, National Association
Sioux Falls, SD
FDIC insured
Assets
$9.2 billion
Branches
1
Pathward, National Association
Sioux Falls, SD
FDIC insured
Assets
$7.3 billion
Branches
1
Dacotah Bank
Aberdeen, SD
FDIC insured
Assets
$4.9 billion
Branches
32
First Bank & Trust
Brookings, SD
FDIC insured
Assets
$4.8 billion
Branches
22
First PREMIER Bank
Sioux Falls, SD
FDIC insured
Assets
$3.6 billion
Branches
13
First Dakota National Bank
Yankton, SD
FDIC insured
Assets
$3.4 billion
Branches
17
Sunrise Banks, National Association
Sioux Falls, SD
FDIC insured
Assets
$2.8 billion
Branches
4
American Bank & Trust
Sioux Falls, SD
FDIC insured
Assets
$2.2 billion
Branches
20
The First National Bank in Sioux Falls
Sioux Falls, SD
FDIC insured
Assets
$2.1 billion
Branches
19
First National Bank
Fort Pierre, SD
FDIC insured
Assets
$2.0 billion
Branches
19
BankWest, Inc.
Pierre, SD
FDIC insured
Assets
$1.9 billion
Branches
20
First Savings Bank
Beresford, SD
FDIC insured
Assets
$1.6 billion
Branches
24
CorTrust Bank National Association
Mitchell, SD
FDIC insured
Assets
$1.6 billion
Branches
37
1st Financial Bank USA
Dakota Dunes, SD
FDIC insured
Assets
$1.4 billion
Branches
2
Plains Commerce Bank
Sioux Falls, SD
FDIC insured
Assets
$1.3 billion
Branches
8
Pioneer Bank & Trust
Belle Fourche, SD
FDIC insured
Assets
$1.0 billion
Branches
7
Reliabank Dakota
Estelline, SD
FDIC insured
Assets
$788 million
Branches
10
First Fidelity Bank
Burke, SD
FDIC insured
Assets
$717 million
Branches
11
Security Savings Bank
Canton, SD
FDIC insured
Assets
$557 million
Branches
8
Black Hills Community Bank, N.A.
Rapid City, SD
FDIC insured
Assets
$490 million
Branches
2
First National Bank
Oldham, SD
FDIC insured
Assets
$478 million
Branches
14
First National Bank in Philip
Philip, SD
FDIC insured
Assets
$458 million
Branches
2
BankStar Financial
Elkton, SD
FDIC insured
Assets
$363 million
Branches
3
Rivers Edge Bank
Marion, SD
FDIC insured
Assets
$357 million
Branches
5
Frontier Bank
Sioux Falls, SD
FDIC insured
Assets
$349 million
Branches
5
Security Bank Midwest
Tyndall, SD
FDIC insured
Assets
$304 million
Branches
6
One American Bank
Centerville, SD
FDIC insured
Assets
$285 million
Branches
3
Commercial State Bank, of Wagner
Wagner, SD
FDIC insured
Assets
$260 million
Branches
1
Farmers State Bank
Parkston, SD
FDIC insured
Assets
$255 million
Branches
3
Quoin Financial Bank
Miller, SD
FDIC insured
Assets
$251 million
Branches
3
Security National Bank of South Dakota
Dakota Dunes, SD
FDIC insured
Assets
$251 million
Branches
3
Campbell County Bank, Inc.
Herreid, SD
FDIC insured
Assets
$241 million
Branches
4
Merchants State Bank
Freeman, SD
FDIC insured
Assets
$220 million
Branches
4
Farmers and Merchants State Bank
Plankinton, SD
FDIC insured
Assets
$180 million
Branches
2
Heartland State Bank
Redfield, SD
FDIC insured
Assets
$154 million
Branches
4
Citizens State Bank, of Arlington
Arlington, SD
FDIC insured
Assets
$153 million
Branches
3
Great Plains Bank
Eureka, SD
FDIC insured
Assets
$150 million
Branches
3
First State Bank of Roscoe
Roscoe, SD
FDIC insured
Assets
$147 million
Branches
3
DNB NATIONAL BANK
Clear Lake, SD
FDIC insured
Assets
$124 million
Branches
2
Security State Bank
Alexandria, SD
FDIC insured
Assets
$103 million
Branches
3
Western Dakota Bank
Timber Lake, SD
FDIC insured
Assets
$86 million
Branches
2
Farmers State Bank of Canton
Canton, SD
FDIC insured
Assets
$82 million
Branches
1
State Bank of Eagle Butte
Eagle Butte, SD
FDIC insured
Assets
$80 million
Branches
1
Ipswich State Bank
Ipswich, SD
FDIC insured
Assets
$74 million
Branches
1
Community Bank
Avon, SD
FDIC insured
Assets
$69 million
Branches
1
The Security State Bank
Emery, SD
FDIC insured
Assets
$65 million
Branches
2
First Western Federal Savings Bank
Rapid City, SD
FDIC insured
Assets
$64 million
Branches
1
Sunrise Bank Dakota
Onida, SD
FDIC insured
Assets
$58 million
Branches
1
Bryant State Bank
Bryant, SD
FDIC insured
Assets
$53 million
Branches
1
Richland State Bank
Bruce, SD
FDIC insured
Assets
$50 million
Branches
1
The Farmers State Bank of Turton
Turton, SD
FDIC insured
Assets
$41 million
Branches
1
The Farmers and Merchants State Bank
Scotland, SD
FDIC insured
Assets
$36 million
Branches
1
The First National Bank of Frederick
Frederick, SD
FDIC insured
Assets
$29 million
Branches
1
Andes State Bank
Lake Andes, SD
FDIC insured
Assets
$28 million
Branches
1

Source: FDIC Institution Directory; FDIC Summary of Deposits. Latest observation 2026-09-16.