Plains Commerce Bank is headquartered in SIOUX FALLS and is the 16th largest bank in the state of South Dakota. It is also the 850th largest bank in the nation. It was established in 1931 and as of December of 2024, it had grown to 454 employees at 8 locations. Plains Commerce Bank has an A health rating.
The Worst Customer Service Ever ! Plains Commerce Bank
this bank has my escrow account so wrong and it is costing me so much monthly. for the past year they have been charging me the wrong amount of taxes even when they were issued a tax notification from the county . Now they are charging me three times the rate of my insurance that is escrowed. I have spent hours trying to speak to the escrow department only to reach a customer service person that does not have a clue . So far the escrow department owes me a refund more then $5000. still no resolution of the problem and nobody calls me back . I worried this bank is corrupt and highly recommend going elsewhere for you mortgage needs.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1678 |
| Year Established | 1931 |
| Employees | 454 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.62% |
| Return on Equity - YTD | 5.92% |
| Annual Interest Income | $69.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $1.27B$1.21B |
| Loans | Q4 2024vs Q4 2023 | $1.03B$967.9MM |
| Deposits | Q4 2024vs Q4 2023 | $1.01B$906.5MM |
| Equity Capital | Q4 2024vs Q4 2023 | $130.3MM$125.9MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $11.3MM$10.5MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $11MM$6.8MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $1.6MM$438K |