First National Bank in Philip

TODAY'S FEATURED RATES

Member FDIC

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

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

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

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

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

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.fnbphilip.com

605-859-2525

103 E Oak Street
Philip, SD 57567

First National Bank in Philip is headquartered in PHILIP and is the 23^rd largest bank in the state of South Dakota. It is also the 2,021^st largest bank in the nation. It was established in 1906 and as of March of 2025, it had grown to 25 employees at 2 locations. First National Bank in Philip's money market rates are 8X the national average, and it boasts an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	3999
Year Established	1906
Employees	25
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.68%
Return on Equity - YTD	16.02%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$422.8MM$362.1MM
Loans	Q1 2025vs Q1 2024	$234.8MM$227.3MM
Deposits	Q1 2025vs Q1 2024	$372.7MM$317.2MM
Equity Capital	Q1 2025vs Q1 2024	$45.3MM$40.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.8MM$3.8MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$0$24K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

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

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

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

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

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

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First National Bank in Philip; 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 National Bank in Philip Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$0	-	Regular Savings
2.02%	$0	-	Business Regular Savings
1.26%	$0	-	Health Savings NOW Checking

First National Bank in Philip Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.56%^*	$200k^*	-	Cash Management Account
OTHER TIERS: 2.02% → $0 - $2.5k \| 2.32% → $2.5k - $25k \| 2.63% → $25k - $50k \| 2.94% → $50k - $100k \| 3.25% → $100k - $200k

First National Bank in Philip Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%	$0	-	NOW Checking
1.00%	$0	-	Business NOW Checking

First National Bank in Philip CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.80%	$1k	-	3 Year CD
3.80%	$1k	-	Business 3 Year CD
3.75%	$1k	-	4 Year CD
3.75%	$1k	-	Business 4 Year CD
3.70%	$1k	-	2 Year CD
3.70%	$1k	-	Business 2 Year CD
3.60%	$1k	-	1 Year CD
3.60%	$1k	-	Business 1 Year CD
3.53%	$1k	-	6 Month CD
3.53%	$1k	-	Business 6 Month CD
3.44%	$1k	-	3 Month CD
3.44%	$1k	-	Business 3 Month CD

First National Bank in Philip IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.80%	$0	-	IRA Open Account

Locations

First National Bank in Philip Locations
First National Bank In Philip	103 E Oak	Philip, SD 57567
Faith Farmers Branch	127 Main Street	Faith, SD 57626

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.