First PREMIER Bank


Overview / Commentary
605-357-3000
601 South Minnesota Avenue
Sioux Falls, SD 57104

First PREMIER Bank is headquartered in Sioux Falls and is the 8th largest bank in the state of South Dakota. It is also the 461st largest bank in the nation. It was established in 1914 and as of June of 2019, it had grown to 363 employees at 17 locations. First PREMIER Bank's money market rates are 3X the national average, and it has an A health rating.

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Reviews (1)

Poor Online Service

Posted by: Anonymous | Jan 2, 2012

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.



Health

Health Grade Components

Overall
FDIC Certificate #6085
Year Established1914
Employees363
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.94%
Return on Equity - YTD12.63%
Annual Interest Income$37.0MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.83B$1.75B
LoansQ2 2019vs Q2 2018$1.26B$1.18B
DepositsQ2 2019vs Q2 2018$1.53B$1.49B
Equity CapitalQ2 2019vs Q2 2018$284.3MM$253.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$19.3MM$18.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$2.3MM$2.2MM
Real Estate OwnedQ2 2019vs Q2 2018$213.00K$268.00K
Rates
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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.

First PREMIER Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.36%--IRA Savings
0.11%$50-Regular Savings
0.11%$50-Buck-A-Moo U Kids Savings

First PREMIER Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%*$1m*-PREMIER Money Market
OTHER TIERS: 0.26% Up to $10k | 0.36% $10k - $25k | 0.50% $25k - $50k | 0.70% $50k - $100k | 1.00% $100k - $250k | 1.20% $250k - $500k | 1.35% $500k - $1m

First PREMIER Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.41%*$100k*-Reward Checking
OTHER TIERS: 0.15% Up to $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.32% $50k - $100k
0.08%$500-Free+ Checking

First PREMIER Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.01%$10k-56 Month CD Special
1.81%$500-60 Months to <72 Months CD - Reward Rate
1.76%$5k-28 Month CD Special
1.71%$500-60 Months to <72 Months CD
1.61%$500-48 Months to <60 Months CD - Reward Rate
1.51%$5k-10 Month CD Special
1.46%$500-36 Months to <48 Months CD - Reward Rate
1.45%$500-48 Months to <60 Months CD
1.31%$500-24 Months to <36 Months CD - Reward Rate
1.21%$500-36 Months to <48 Months CD
1.10%$500-24 Months to <36 Months CD
1.01%$500-12 Months to <24 Months CD - Reward Rate
0.83%$500-12 Months to <24 Months CD
0.73%$500-6 Months to <12 Months CD - Reward Rate
0.51%$500-6 Months to <12 Months CD
0.38%$500-30 Days to < 6 months CD - Reward Rate
0.32%$500-30 Days to < 6 months CD

First PREMIER Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.01%$500-56 Month IRA Special
1.81%$500-60 Months to <72 Months IRA - Reward Rate
1.76%$500-28 Month IRA Special
1.71%$500-60 Months to <72 Months IRA
1.61%$500-48 Months to <60 Months IRA - Reward Rate
1.51%$5k-10 Month IRA Special
1.46%$500-36 Months to <48 Months IRA - Reward Rate
1.45%$500-48 Months to <60 Months IRA
1.31%$500-24 Months to <36 Months IRA - Reward Rate
1.21%$500-36 Months to <48 Months IRA
1.10%$500-24 Months to <36 Months IRA
1.01%$500-12 Months to <24 Months IRA - Reward Rate
0.83%$500-12 Months to <24 Months IRA
0.73%$500-6 Months to <12 Months IRA - Reward Rate
0.51%$500-6 Months to <12 Months IRA
0.38%$500-30 Days to < 6 months IRA - Reward Rate
0.32%$500-30 Days to < 6 months IRA
Locations

Availability



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