Banking Rates & News

Sioux Falls Area

Including Aberdeen, Adrian, Agency Village, Alexandria, Alpena, Alvord, Arlington, Armour, Artesian, Ashton, and 191 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

Rate Dropped To 2% Today From 3.50%
Noted as of today the Rewards Checking dropped to 2% versus 3.50%. Had it for two years. It was good while it lasted.
Citibank Unresponsive
Citibank was promoting their Priority Accounts and a $700 bonus for depositing $50K within 30 days of opening. Applied on-line and 1 week later received 1 letter that checking account
Ouch. 1.53%
Did not think it would go that low. Really glad I opened the Evansville one. Hope they and LMCU will stay high. This explains why they kept it a state
Ecentive Account Rate To Drop Soon
From Heritage Bank's website: *Due to Federal Reserve rate reductions in March, our eCentive rate will be reduced as of April 1, 2020. Our current rates remain in effect through
Citi - Offers Cash Bonus For New Checking/Savings Accounts
Offer 1/1 to 3/31/2020 Cash bonus: $200, $400, $500, $700 or $1,500, depending on the Account Package you select.  (Scroll to the bottom for a table of the cash bonus
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