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.
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 | Deposits | Market share | Share change from 2025 |
|---|---|---|---|---|
| 1 | Citibank, N.A. | $637.72B | 56.59% | -1.87 pts |
| 2 | Wells Fargo Bank, N.A. | $462.51B | 41.04% | +2.40 pts |
| 3 | The Bancorp Bank N.A. | $7.49B | 0.66% | -0.21 pts |
| 4 | Pathward, N.A. | $5.95B | 0.53% | -0.14 pts |
| 5 | First Premier Bank | $2.58B | 0.23% | -0.03 pts |
| 6 | Sunrise Banks, N.A. | $1.70B | 0.15% | -0.02 pts |
| 7 | The First National Bank in Sioux Falls | $1.67B | 0.15% | -0.02 pts |
| 8 | First Dakota National Bank | $1.19B | 0.11% | -0.01 pts |
| 9 | First Bank & Trust | $1.13B | 0.10% | -0.02 pts |
| 10 | First Interstate Bank | $1.04B | 0.09% | -0.03 pts |
| 11 | American Bank & Trust | $460.2M | 0.04% | 0.00 pts |
| 12 | U.S. Bank N.A. | $424.3M | 0.04% | -0.01 pts |
| 13 | Plains Commerce Bank | $408.6M | 0.04% | -0.01 pts |
| 14 | Dacotah Bank | $302.6M | 0.03% | 0.00 pts |
| 15 | Central Bank | $267.6M | 0.02% | +0.00 pts |
| 16 | Cortrust Bank N.A. | $253.1M | 0.02% | +0.00 pts |
| 17 | One American Bank | $231.5M | 0.02% | -0.01 pts |
| 18 | Reliabank Dakota | $186.5M | 0.02% | 0.00 pts |
| 19 | Rivers Edge Bank | $159.6M | 0.01% | 0.00 pts |
| 20 | Security Savings Bank | $132.6M | 0.01% | 0.00 pts |
| 21 | Minnwest Bank | $107.8M | <0.01% | 0.00 pts |
| 22 | Security National Bank of South Dakota | $105.5M | <0.01% | 0.00 pts |
| 23 | Liberty National Bank | $105.3M | <0.01% | 0.00 pts |
| 24 | First International Bank and Trust | $98.1M | <0.01% | +0.00 pts |
| 25 | Security Bank Midwest | $95.8M | <0.01% | 0.00 pts |
| 26 | JPMorgan Chase Bank, N.A. | $83.9M | <0.01% | +0.00 pts |
| 27 | Merchants State Bank | $74.2M | <0.01% | 0.00 pts |
| 28 | Frontier Bank | $68.6M | <0.01% | 0.00 pts |
| 29 | Farmers State Bank of Canton | $68.4M | <0.01% | 0.00 pts |
| 30 | Bank Midwest | $60.4M | <0.01% | 0.00 pts |
| 31 | Quoin Financial Bank | $57.1M | <0.01% | 0.00 pts |
| 32 | American State Bank | $55.3M | <0.01% | 0.00 pts |
| 33 | First Savings Bank | $44.7M | <0.01% | 0.00 pts |
| 34 | Cornerstone Bank | $39.6M | <0.01% | 0.00 pts |
| 35 | First Western Bank and Trust | $29.7M | <0.01% | +0.00 pts |
| 36 | Premier Bank | $28.6M | <0.01% | 0.00 pts |
| 37 | Security State Bank | $20.1M | <0.01% | 0.00 pts |
| 38 | The Security State Bank | $19.8M | <0.01% | 0.00 pts |
| 39 | First State Bank Southwest | $9.6M | <0.01% | 0.00 pts |
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.
Counties in this metro area
Statewide deposits
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