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Lists · Deposits by metro area

Sioux Falls, SD Metro Area Bank Deposit Market Share

Citibank, N.A. holds the largest share of deposits in the Sioux Falls, SD metro area, 56.6%, followed by Wells Fargo Bank, N.A. (41.0%) and The Bancorp Bank N.A. (0.7%). 39 institutions hold $1.13T at 131 offices as of June 30, 2026, up 26.1% from 2025.

Institutions: 39 Offices: 131 Deposits: $1.13T Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: Wells Fargo Bank, N.A. (2.40 points).

Lost: Citibank, N.A. (-1.87 points); The Bancorp Bank N.A. (-0.21 points); Pathward, N.A. (-0.14 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Citibank, N.A. 2 $637.72B 56.59% -1.87 pts 22.1%
2 Wells Fargo Bank, N.A. 9 $462.51B 41.04% +2.40 pts 34.0%
3 The Bancorp Bank N.A. 1 $7.49B 0.66% -0.21 pts -3.7%
4 Pathward, N.A. 1 $5.95B 0.53% -0.14 pts -0.9%
5 First Premier Bank 6 $2.58B 0.23% -0.03 pts 13.7%
6 Sunrise Banks, N.A. 2 $1.70B 0.15% -0.02 pts 10.4%
7 The First National Bank in Sioux Falls 17 $1.67B 0.15% -0.02 pts 10.8%
8 First Dakota National Bank 6 $1.19B 0.11% -0.01 pts 13.4%
9 First Bank & Trust 5 $1.13B 0.10% -0.02 pts 2.0%
10 First Interstate Bank 12 $1.04B 0.09% -0.03 pts -1.7%
11 American Bank & Trust 6 $460.2M 0.04% 0.00 pts 25.3%
12 U.S. Bank N.A. 5 $424.3M 0.04% -0.01 pts 7.1%
13 Plains Commerce Bank 3 $408.6M 0.04% -0.01 pts 6.6%
14 Dacotah Bank 4 $302.6M 0.03% 0.00 pts 17.5%
15 Central Bank 4 $267.6M 0.02% +0.00 pts 26.3%
16 Cortrust Bank N.A. 5 $253.1M 0.02% +0.00 pts 34.6%
17 One American Bank 3 $231.5M 0.02% -0.01 pts -10.8%
18 Reliabank Dakota 5 $186.5M 0.02% 0.00 pts 15.0%
19 Rivers Edge Bank 3 $159.6M 0.01% 0.00 pts 13.0%
20 Security Savings Bank 2 $132.6M 0.01% 0.00 pts 5.8%
21 Minnwest Bank 2 $107.8M <0.01% 0.00 pts -8.4%
22 Security National Bank of South Dakota 2 $105.5M <0.01% 0.00 pts 0.2%
23 Liberty National Bank 2 $105.3M <0.01% 0.00 pts -2.9%
24 First International Bank and Trust 1 $98.1M <0.01% +0.00 pts 41.1%
25 Security Bank Midwest 3 $95.8M <0.01% 0.00 pts -11.9%
26 JPMorgan Chase Bank, N.A. 4 $83.9M <0.01% +0.00 pts 28.6%
27 Merchants State Bank 2 $74.2M <0.01% 0.00 pts -2.7%
28 Frontier Bank 2 $68.6M <0.01% 0.00 pts -1.5%
29 Farmers State Bank of Canton 1 $68.4M <0.01% 0.00 pts 3.7%
30 Bank Midwest 1 $60.4M <0.01% 0.00 pts 2.4%
31 Quoin Financial Bank 1 $57.1M <0.01% 0.00 pts 4.6%
32 American State Bank 1 $55.3M <0.01% 0.00 pts -0.5%
33 First Savings Bank 2 $44.7M <0.01% 0.00 pts 15.6%
34 Cornerstone Bank 1 $39.6M <0.01% 0.00 pts -0.9%
35 First Western Bank and Trust 1 $29.7M <0.01% +0.00 pts 155.6%
36 Premier Bank 1 $28.6M <0.01% 0.00 pts 5.7%
37 Security State Bank 1 $20.1M <0.01% 0.00 pts -4.3%
38 The Security State Bank 1 $19.8M <0.01% 0.00 pts 1.5%
39 First State Bank Southwest 1 $9.6M <0.01% 0.00 pts -4.3%

About this list

Deposits are those held at each institution's offices in Sioux Falls, SD (the Census Bureau core based statistical area) as of June 30, 2026, from the FDIC Summary of Deposits, whatever state the institution is headquartered in. Market share is the institution's deposits divided by all deposits in the market. Shares are by bank charter, not rolled up to the holding company, and cover FDIC-insured institutions only, so credit unions are not included. Each office is placed in its county and metro area by the FDIC branch directory; the few offices the directory does not list are left out of the market and of every share.

Share change compares the institution's share in 2025 and 2026 in percentage points. Deposit change compares its deposits here in the two years and includes deposits that moved through mergers and branch sales; "New" means it had no offices here a year earlier. Offices that closed during the year are placed by their ZIP code or city.

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Statewide deposits

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