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601 South Minnesota Avenue
Sioux Falls, SD 57104

First PREMIER Bank is headquartered in Sioux Falls and is the 6th largest bank in the state of South Dakota. It is also the 497th largest bank in the nation. It was established in 1914 and as of March of 2017, it had grown to 339 employees at 17 locations. First PREMIER Bank has a B+ 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 Grade Components

FDIC Certificate #6085
Year Established1914
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.72%
Return on Equity - YTD11.35%
Annual Interest Income$13.9MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.59B$1.98B
LoansQ1 2017vs Q1 2016$990.6MM$906.3MM
DepositsQ1 2017vs Q1 2016$1.32B$1.72B
Equity CapitalQ1 2017vs Q1 2016$238.0MM$228.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$15.1MM$13.8MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$3.6MM$1.9MM
Real Estate OwnedQ1 2017vs Q1 2016$574.00K$574.00K

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First PREMIER Bank has 17 locations. Click to view all First PREMIER Bank locations.