First Dakota National Bank

TODAY'S FEATURED RATES

Member FDIC

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

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 8^th largest bank in the state of South Dakota. It is also the 416^th 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)

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Do Not Bank Here

Posted by: Anank | Nov 7, 2023

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.

Comment

Fraud Charges And Response.

Posted by: Sjonas | Jun 13, 2021

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.

Comment

Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	4028
Year Established	1872
Employees	355
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.17%
Return on Equity - YTD	12.63%
Annual Interest Income	$41.3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$3B$2.9B
Loans	Q1 2025vs Q1 2024	$2.43B$2.27B
Deposits	Q1 2025vs Q1 2024	$2.7B$2.64B
Equity Capital	Q1 2025vs Q1 2024	$280.2MM$247.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$31.4MM$27.3MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$12MM$12.4MM
Real Estate Owned	Q1 2025vs Q1 2024	$1.2MM$0

TODAY'S FEATURED RATES

Member FDIC

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

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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Money Market
Checking

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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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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
0.25%^*	$25k^*	-	Classic Choice Checking - Online
OTHER TIERS: 0.12% → $0 - $500 \| 0.15% → $500 - $5k \| 0.20% → $5k - $25k

Locations

Availability

Sioux Falls Area

Sioux Falls Area bank & credit union details

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