First PREMIER Bank is headquartered in Sioux Falls and is the 7th largest bank in the state of South Dakota. It is also the 397th largest bank in the nation. It was established in 1914 and as of December of 2021, it had grown to 370 employees at 16 locations. First PREMIER Bank's CD rates are 14% higher than the national average, and it boasts an A+ health rating.
Extremely slow online banking. It will usually take several days (as much as a week) for debit card purchases to appear, and when they do the dates will be wrong and the entries will be out of order. Most banks will show these transactions near-instantly, although as pending or pre-authorized. This is very weak considering it is 2012.
The bank uses fiserv.com to provide online banking, but billpaysite.com for bill pay, and some third service for pdf statements. The three services use separated enrollment/log in systems and present inconsistent interface.
Overall | |
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FDIC Certificate # | 6085 |
Year Established | 1914 |
Employees | 370 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.57% |
Return on Equity - YTD | 14% |
Annual Interest Income | $84.4MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $2.89B$2.65B |
Loans | Q4 2021vs Q4 2020 | $1.55B$1.50B |
Deposits | Q4 2021vs Q4 2020 | $2.51B$2.31B |
Equity Capital | Q4 2021vs Q4 2020 | $356.3MM$327.9MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $23.6MM$21.7MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.3MM$4.1MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $971.00K$0 |
Always verify rates and promotions with the bank or credit union. We are not First PREMIER 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | $50 | - | Buck-A-Moo U Kids Savings | |
0.11% | $50 | - | Regular Savings | |
0.10% | - | - | IRA Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25%* | $100k* | - | Reward Checking | ||
OTHER TIERS: 0.05% → Up to $10k | 0.14% → $10k - $25k | 0.17% → $25k - $50k | 0.21% → $50k - $100k | |||||
0.02% | $500 | - | Free+ Checking |