Banking Rates & News

Sioux Falls Area

Including Sioux Falls, Mitchell, Aberdeen, Brookings, Watertown, Pierre, Huron, Yankton, Worthington, Vermillion, and 192 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

Union Bank & Trust Adds 27-Month CD, 3.14% APY
Deal Summary: 27-month CD Special, 3.14% APY ($25k+), and 3.04% APY ($1k+). Availability: Online market includes Colorado, Iowa, Kansas, Missouri, Nebraska, and South Dakota. In-branch market area limited to Nebraska
2.6% APY 19-Month CD Special (SD)
Minimum $5,000 new money required. https://www.abt.bank/personal/personal-savings/cd-promotion.html
Citibank’s New Attempt at a High Yield Online Savings Account
Citibank has started to execute on a new digital strategy which seeks to grow customers and deposits without branches. In March, Citibank announced the major expansion of its mobile banking
Union Bank and Trust (NE) Offers Multi-State 60-Month CD
Deal Summary: 60-month CD Special, 3.14% APY ($25k+), and 3.03% APY ($1k+). 32-month Rising Rate CD, 2.78% blended APY ($1k+). Availability: Online market includes Colorado, Iowa, Kansas, Missouri, Nebraska, and
Review of the Latest Citibank Checking Bonus Offers - Up to $600
Deal Summary: $600, $400 and $200 checking account bonuses with various deposit requirements. Availability: Nationwide Citibank is again offering checking account bonuses. The bonus amounts are high enough that I
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