Branch Presence
Banks with Branches in Sioux Falls, SD
Citibank, N.A. is the biggest bank in Sioux Falls, SD, with $637.72B in deposits at its Sioux Falls branches, 56.7% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. The First National Bank in Sioux Falls has the most branches here, with 12.
33 banks operate 97 branches in Sioux Falls, SD, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $1.13T held in Sioux Falls, SD, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Sioux Falls | Local deposits | Deposit share |
|---|---|---|---|
| The First National Bank in Sioux Falls | 12 | $1.36B | 0.1% (#7) |
| Wells Fargo Bank, N.A. | 8 | $462.45B | 41.1% (#2) |
| First Interstate Bank | 7 | $793.7M | <0.1% (#11) |
| First Premier Bank | 6 | $2.58B | 0.2% (#5) |
| U.S. Bank N.A. | 6 | $831.8M | <0.1% (#10) |
| Cortrust Bank N.A. | 5 | $253.1M | <0.1% (#16) |
| First Dakota National Bank | 4 | $991.5M | <0.1% (#8) |
| American Bank & Trust | 4 | $367.3M | <0.1% (#13) |
| Dacotah Bank | 4 | $302.6M | <0.1% (#14) |
| Central Bank | 4 | $267.6M | <0.1% (#15) |
| JPMorgan Chase Bank, N.A. | 4 | $83.9M | <0.1% (#22) |
| First Bank & Trust | 3 | $937.3M | <0.1% (#9) |
| Plains Commerce Bank | 3 | $408.6M | <0.1% (#12) |
| Citibank, N.A. | 2 | $637.72B | 56.7% (#1) |
| Sunrise Banks, N.A. | 2 | $1.70B | 0.2% (#6) |
| One American Bank | 2 | $196.2M | <0.1% (#17) |
| Minnwest Bank | 2 | $107.8M | <0.1% (#18) |
| Security National Bank of South Dakota | 2 | $105.5M | <0.1% (#19) |
| Liberty National Bank | 2 | $105.3M | <0.1% (#20) |
| Frontier Bank | 2 | $68.6M | <0.1% (#23) |
| The Bancorp Bank N.A. | 1 | $7.49B | 0.7% (#3) |
| Pathward, N.A. | 1 | $5.95B | 0.5% (#4) |
| First International Bank and Trust | 1 | $98.1M | <0.1% (#21) |
| Security Savings Bank | 1 | $65.5M | <0.1% (#24) |
| Bank Midwest | 1 | $60.4M | <0.1% (#25) |
| Quoin Financial Bank | 1 | $57.1M | <0.1% (#26) |
| American State Bank | 1 | $55.3M | <0.1% (#27) |
| Reliabank Dakota | 1 | $44.4M | <0.1% (#28) |
| Cornerstone Bank | 1 | $39.6M | <0.1% (#29) |
| First Western Bank and Trust | 1 | $29.7M | <0.1% (#30) |
| First Savings Bank | 1 | $27.8M | <0.1% (#31) |
| First State Bank Southwest | 1 | $9.6M | <0.1% (#32) |
| Heritage Bank, N.A. | 1 | $6.1M | <0.1% (#33) |
County deposit market: Minnehaha, SD
The $478.92B held across 25 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Minnehaha, SD market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Wells Fargo Bank, N.A. | 96.5% | $462.27B | 7 |
| 2 | The Bancorp Bank N.A. | 1.6% | $7.49B | 1 |
| 3 | First Premier Bank | 0.5% | $2.47B | 5 |
| 4 | The First National Bank in Sioux Falls | 0.3% | $1.43B | 13 |
| 5 | First Bank & Trust | 0.2% | $1.01B | 4 |
| 6 | First Interstate Bank | 0.2% | $954.6M | 10 |
| 7 | First Dakota National Bank | 0.2% | $860.2M | 3 |
| 8 | Plains Commerce Bank | <0.1% | $408.6M | 3 |
| 9 | U.S. Bank N.A. | <0.1% | $332.5M | 4 |
| 10 | American Bank & Trust | <0.1% | $301.4M | 3 |
Metro area deposit market: Sioux Falls, SD
The $1.13T held across 39 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Sioux Falls, SD market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Citibank, N.A. | 56.6% | $637.72B | 2 |
| 2 | Wells Fargo Bank, N.A. | 41.0% | $462.51B | 9 |
| 3 | The Bancorp Bank N.A. | 0.7% | $7.49B | 1 |
| 4 | Pathward, N.A. | 0.5% | $5.95B | 1 |
| 5 | First Premier Bank | 0.2% | $2.58B | 6 |
| 6 | Sunrise Banks, N.A. | 0.2% | $1.70B | 2 |
| 7 | The First National Bank in Sioux Falls | 0.1% | $1.67B | 17 |
| 8 | First Dakota National Bank | 0.1% | $1.19B | 6 |
| 9 | First Bank & Trust | <0.1% | $1.13B | 5 |
| 10 | First Interstate Bank | <0.1% | $1.04B | 12 |
Banks in Sioux Falls: common questions
What is the biggest bank in Sioux Falls, SD?
Citibank, N.A. is the biggest bank in Sioux Falls, SD, with $637.72B in deposits at its Sioux Falls branches, 56.7% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. The First National Bank in Sioux Falls has the most branches there, with 12.
How many banks are in Sioux Falls, SD?
33 FDIC-insured banks operate 97 branches in Sioux Falls, SD as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Sioux Falls, SD?
Ranked by deposits held in Sioux Falls branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Citibank, N.A. (56.7%); 2. Wells Fargo Bank, N.A. (41.1%); 3. The Bancorp Bank N.A. (0.7%); 4. Pathward, N.A. (0.5%); 5. First Premier Bank (0.2%). The share is each bank's part of all deposits in the city.
Largest banks in South Dakota
For the state as a whole, see the largest banks in South Dakota, ranked by total assets and by deposits in South Dakota branches, or every bank in the South Dakota bank directory.
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.