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First PREMIER Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
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 7/12/2025
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 7/12/2025
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 7/12/2025
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 7/12/2025
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.firstpremier.com
605-357-3000
500 S. Minnesota Ave
Sioux Falls, SD 57104

First PREMIER Bank is headquartered in SIOUX FALLS and is the 7th largest bank in the state of South Dakota. It is also the 402nd largest bank in the nation. It was established in 1914 and as of March of 2025, it had grown to 377 employees at 14 locations. First PREMIER Bank's money market rates are 6X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #6085
Year Established1914
Employees377
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.67%
Return on Equity - YTD12.54%
Annual Interest Income$40.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$3.11B$3.13B
LoansQ1 2025vs Q1 2024$2.07B$2.01B
DepositsQ1 2025vs Q1 2024$2.61B$2.63B
Equity CapitalQ1 2025vs Q1 2024$436.7MM$388.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$30.6MM$29.7MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.5MM$1.7MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/12/2025
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 7/12/2025
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 7/12/2025
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 7/12/2025
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 7/12/2025
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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* 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
1.91%$0-Premier Kids Club Saving Account
0.25%$0-Regular Savings
0.25%$0-Small Business Regular Savings
0.25%$0-Commercial Regular Savings

First PREMIER Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.83%*$500k*-PREMIER Money Market
OTHER TIERS: 1.51% → $0 - $10k | 1.56% → $10k - $25k | 1.61% → $25k - $50k | 1.71% → $50k - $100k | 2.01% → $100k - $250k | 2.06% → $250k - $500k
2.83%*$500k*-Small Business PREMIER Money Market
OTHER TIERS: 1.51% → $0 - $10k | 1.56% → $10k - $25k | 1.61% → $25k - $50k | 1.71% → $50k - $100k | 2.01% → $100k - $250k | 2.06% → $250k - $500k
2.83%*$500k*-Commercial PREMIER Money Market
OTHER TIERS: 1.51% → $0 - $10k | 1.56% → $10k - $25k | 1.61% → $25k - $50k | 1.71% → $50k - $100k | 2.01% → $100k - $250k | 2.06% → $250k - $500k

First PREMIER Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$100k*-Reward Checking
OTHER TIERS: 0.10% → $0 - $10k | 0.20% → $10k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k
0.30%*$500k*-Small Business Low Volume Plus Interest
OTHER TIERS: 0.04% → $500 - $10k | 0.08% → $10k - $50k | 0.12% → $50k - $150k | 0.15% → $150k - $500k
0.30%*$500k*-Small Business High Volume Plus Interest
OTHER TIERS: 0.04% → $0 - $10k | 0.08% → $10k - $50k | 0.12% → $50k - $150k | 0.15% → $150k - $500k
0.30%*$500k*-Commercial High Volume Plus Interest
OTHER TIERS: 0.04% → $0 - $10k | 0.08% → $10k - $50k | 0.12% → $50k - $150k | 0.15% → $150k - $500k
0.30%*$500k*-Commercial Low Volume Plus Interest
OTHER TIERS: 0.04% → $500 - $10k | 0.08% → $10k - $50k | 0.12% → $50k - $150k | 0.15% → $150k - $500k
0.05%$500-Free+ Checking

First PREMIER Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.88%$10k-7 Month CD Special
3.88%$10k-Small Business 7 Month CD Special
3.88%$10k-Commercial 7 Month CD Special
3.58%$500-30 Days to < 6 months CD - Reward Rate
3.58%$500-Small Business 30 Days to < 6 months CD - Reward Rate
3.58%$500-Commercial 30 Days to < 6 months CD - Reward Rate
3.52%$10k-17 Month CD Special
3.52%$10k-Small Business 17 Month CD Special
3.52%$10k-Commercial 17 Month CD Special
3.35%$500-6 Months to <12 Months CD - Reward Rate
3.35%$500-Small Business 6 Months to <12 Months CD - Reward Rate
3.35%$500-Commercial 6 Months to <12 Months CD - Reward Rate
3.33%$500-30 Days to < 6 months CD
3.33%$500-Small Business 30 Days to < 6 months CD
3.33%$500-Commercial 30 Days to < 6 months CD
3.25%$500-12 Months to <24 Months CD - Reward Rate
3.25%$500-Small Business 12 Months to <24 Months CD - Reward Rate
3.25%$500-Commercial 12 Months to <24 Months CD - Reward Rate
3.20%$500-36 Months to <48 Months CD - Reward Rate
3.20%$500-48 Months to <60 Months CD - Reward Rate
3.20%$500-Small Business 36 Months to <48 Months CD - Reward Rate
3.20%$500-Small Business 48 Months to <60 Months CD - Reward Rate
3.20%$500-Commercial 36 Months to <48 Months CD - Reward Rate
3.20%$500-Commercial 48 Months to <60 Months CD - Reward Rate
3.18%$500-60 Months to <72 Months CD - Reward Rate
3.18%$500-Small Business 60 Months to <72 Months CD - Reward Rate
3.18%$500-Commercial 60 Months to <72 Months CD - Reward Rate
3.10%$500-6 Months to <12 Months CD
3.10%$500-24 Months to <36 Months CD - Reward Rate
3.10%$500-Small Business 6 Months to <12 Months CD
3.10%$500-Small Business 24 Months to <36 Months CD - Reward Rate
3.10%$500-Commercial 6 Months to <12 Months CD
3.10%$500-Commercial 24 Months to <36 Months CD - Reward Rate
2.95%$500-12 Months to <24 Months CD
2.95%$500-Small Business 12 Months to <24 Months CD
2.95%$500-Commercial 12 Months to <24 Months CD
2.90%$500-24 Months to <36 Months CD
2.90%$500-Small Business 24 Months to <36 Months CD
2.90%$500-Commercial 24 Months to <36 Months CD
2.85%$500-36 Months to <48 Months CD
2.85%$500-48 Months to <60 Months CD
2.85%$500-60 Months to <72 Months CD
2.85%$500-Small Business 36 Months to <48 Months CD
2.85%$500-Small Business 48 Months to <60 Months CD
2.85%$500-Small Business 60 Months to <72 Months CD
2.85%$500-Commercial 36 Months to <48 Months CD
2.85%$500-Commercial 48 Months to <60 Months CD
2.85%$500-Commercial 60 Months to <72 Months CD

First PREMIER Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.88%$10k-7 Month IRA Special
3.58%$500-30 Days to < 6 months IRA - Reward Rate
3.52%$10k-17 Month IRA Special
3.35%$500-6 Months to <12 Months IRA - Reward Rate
3.33%$500-30 Days to < 6 months IRA
3.25%$500-12 Months to <24 Months IRA - Reward Rate
3.20%$500-36 Months to <48 Months IRA - Reward Rate
3.20%$500-48 Months to <60 Months IRA - Reward Rate
3.18%$500-60 Months to <72 Months IRA - Reward Rate
3.10%$500-6 Months to <12 Months IRA
3.10%$500-24 Months to <36 Months IRA - Reward Rate
2.95%$500-12 Months to <24 Months IRA
2.90%$500-24 Months to <36 Months IRA
2.85%$500-36 Months to <48 Months IRA
2.85%$500-48 Months to <60 Months IRA
2.85%$500-60 Months to <72 Months IRA
0.25%$0-IRA Savings
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