Banking Rates & News

Sioux Falls Area

Including Sioux Falls, Mitchell, Brookings, Aberdeen, Watertown, Huron, Pierre, Yankton, Worthington, Vermillion, and 194 other towns.

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Banking in the Sioux Falls Area

Sioux Falls is the largest city in South Dakota, with a population of nearly 170,000 people. It is in eastern South Dakota, just a few miles from the Minnesota border. The larger Sioux Falls region, which includes cities such as Mitchell, Aberdeen, Brookings, Watertown, Huron, Pierre, Yankton, Worthington and Vermillion, has about 250,000 people.

Sioux Falls is a major Midwestern financial center, and many national banks have credit card operations in the city, including Wells Fargo, CitiBank, Capital One, and First Premier Bank. There are 86 banks and 29 credit unions that have their headquarters in Sioux Falls or a city in the surrounding area. Notable institutions that are headquartered in the area include TCF National Bank, Great Western Bank and Dacotah Bank. The oldest institution that is active in the Sioux Falls area is First Dakota National Bank, which was established in 1872. Including all the banks that operate in the area, there are approximately 560 branches from more than 110 banks and 30 credit unions.

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Local Deals & News

TCF Bank Adds Promo CDs and Elite Savings Account
Deal Summary: Promotional CDs – 26-month (2.00% APY), 13-month (1.50% APY), $500 minimum deposit, new money, in-branch opening only. Elite Savings, 1.30% APY ($10k-$999,999), $10k minimum deposit, new money, rate
US Bank Offers $200 Summer Checking Bonus
UPDATE 7/10/2017: As some DA readers have noted in the Comments section below, this offer is not available nationwide. I have included more detail in the Availability section below. Thank
$150 Wells Fargo Checking Bonus - Select Cities
If you missed the previous $250 bonus and you live in an eligible city, you may want to give this a try. To get a $150 bonus, open an Everyday
Wells Fargo Long Term 3.00% Callable Step-Up CD Via TD Ameritrade
I frequently get notices of new issue callable CDs from TD Ameritrade. This one looks like a rate leader. My calculations indicate the blended rate over the entire term is
14Mo CD Special, 1.50% APY, $5,000 Minimum
http://www.ssbia.net/rates If you live in the Bank's market area, this is a nice special.
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