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First Dakota National Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.firstdakota.com
605-665-7432
225 Cedar Street
Yankton, SD 57078

First Dakota National Bank is headquartered in YANKTON and is the 8th largest bank in the state of South Dakota. It is also the 416th largest bank in the nation. It was established in 1872 and as of March of 2025, it had grown to 355 employees at 17 locations. First Dakota National Bank's money market rates are 6X the national average, and it has an A health rating.

Reviews (2)

Do Not Bank Here

Posted by: |

I’ve had two of my accounts closed without notice or explanation. I had a new checking account for one month before it was closed out with zero explanation. It’s impossible to keep an account open if you don’t have a minimum of $100 just sitting in it that you cannot use. I hate this bank and have never had more problems with a company in my life. It is not right to close out an account without notice or explanation. I could have at least received an email that my account was closed, but I received NOTHING.

2

Fraud Charges And Response.

Posted by: |

Luckily I was at my house. Awaken by my phone to fraud charges. I am glad that I was alerted, but now my card is closed. I have to travel out of town and have no way of accessing my money. NOBODY in the office. Its Sunday. Supposed to have a wonderful high class bank. NOT HAPPENING. This bank contacted my ex wife about the charges. She was supposedly removed from it. All information updated. That never happened. Guess I will start looking for a new bank.

2


Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #4028
Year Established1872
Employees355
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD12.63%
Annual Interest Income$41.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$3B$2.9B
LoansQ1 2025vs Q1 2024$2.43B$2.27B
DepositsQ1 2025vs Q1 2024$2.7B$2.64B
Equity CapitalQ1 2025vs Q1 2024$280.2MM$247.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$31.4MM$27.3MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$12MM$12.4MM
Real Estate OwnedQ1 2025vs Q1 2024$1.2MM$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/18/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not First Dakota National Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Dakota National Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.88%$0-eSavings Account - Online
0.75%$0-Statement Savings - Online
0.75%$0-Agriculture Statement Savings - Online

First Dakota National Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%*$500k*-First Choice Money Market - Online
OTHER TIERS: 1.31% → $10k - $25k | 1.51% → $25k - $100k | 2.17% → $100k - $150k | 2.32% → $150k - $500k
2.84%*$500k*-Business First Choice Money Market - Online
OTHER TIERS: 1.31% → $10k - $25k | 1.51% → $25k - $100k | 2.17% → $100k - $150k | 2.32% → $150k - $500k
2.84%*$500k*-Agriculture First Choice Money Market - Online
OTHER TIERS: 1.31% → $10k - $25k | 1.51% → $25k - $100k | 2.17% → $100k - $150k | 2.32% → $150k - $500k

First Dakota National Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$500k*-Just 1 Business Checking Account - Online
OTHER TIERS: 0.30% → $0 - $25k | 0.40% → $25k - $100k | 0.50% → $100k - $250k | 0.60% → $250k - $500k
0.50%*$100k*-First Partners Checking - Online
OTHER TIERS: 0.15% → $500 - $25k | 0.25% → $25k - $50k | 0.35% → $50k - $100k
0.50%*$100k*-Small Business Checking with Interest - Online
OTHER TIERS: 0.25% → $0 - $5k | 0.30% → $5k - $10k | 0.35% → $10k - $25k | 0.40% → $25k - $100k
0.20%*$25k*-Classic Choice Checking - Online
OTHER TIERS: 0.10% → $0 - $500 | 0.12% → $500 - $5k | 0.15% → $5k - $25k
Locations

Availability

Sioux Falls Area

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