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Minnehaha County, SD Bank Deposit Market Share

Wells Fargo Bank, N.A. holds the largest share of deposits in Minnehaha County, SD, 96.5%, followed by The Bancorp Bank N.A. (1.6%) and First Premier Bank (0.5%). 25 institutions hold $478.92B at 81 offices as of June 30, 2026, up 32.6% from 2025.

Institutions: 25 Offices: 81 Deposits: $478.92B Survey: FDIC Summary of Deposits, June 30, 2026

Largest share changes since 2025

Gained: Wells Fargo Bank, N.A. (0.99 points).

Lost: The Bancorp Bank N.A. (-0.59 points); First Premier Bank (-0.09 points); First Interstate Bank (-0.07 points).

# Institution Offices Deposits Market share Share change from 2025 Deposit change
1 Wells Fargo Bank, N.A. 7 $462.27B 96.52% +0.99 pts 34.0%
2 The Bancorp Bank N.A. 1 $7.49B 1.56% -0.59 pts -3.7%
3 First Premier Bank 5 $2.47B 0.52% -0.09 pts 12.3%
4 The First National Bank in Sioux Falls 13 $1.43B 0.30% -0.06 pts 11.2%
5 First Bank & Trust 4 $1.01B 0.21% -0.06 pts 2.4%
6 First Interstate Bank 10 $954.6M 0.20% -0.07 pts -1.1%
7 First Dakota National Bank 3 $860.2M 0.18% -0.03 pts 14.2%
8 Plains Commerce Bank 3 $408.6M 0.09% -0.02 pts 6.6%
9 U.S. Bank N.A. 4 $332.5M 0.07% -0.02 pts 5.3%
10 American Bank & Trust 3 $301.4M 0.06% 0.00 pts 28.7%
11 Dacotah Bank 3 $275.9M 0.06% -0.01 pts 19.6%
12 Cortrust Bank N.A. 4 $242.7M 0.05% +0.00 pts 35.7%
13 One American Bank 2 $196.2M 0.04% -0.02 pts -12.9%
14 Liberty National Bank 2 $105.3M 0.02% -0.01 pts -2.9%
15 First International Bank and Trust 1 $98.1M 0.02% +0.00 pts 41.1%
16 Reliabank Dakota 3 $79.1M 0.02% 0.00 pts 25.1%
17 Frontier Bank 2 $68.6M 0.01% 0.00 pts -1.5%
18 Security Savings Bank 1 $65.5M 0.01% 0.00 pts 3.2%
19 JPMorgan Chase Bank, N.A. 3 $62.1M 0.01% 0.00 pts 24.2%
20 Bank Midwest 1 $60.4M 0.01% 0.00 pts 2.4%
21 Central Bank 2 $53.1M 0.01% 0.00 pts 3.5%
22 Security National Bank of South Dakota 1 $40.0M <0.01% 0.00 pts 0.3%
23 First Western Bank and Trust 1 $29.7M <0.01% +0.00 pts 155.6%
24 Minnwest Bank 1 $15.8M <0.01% 0.00 pts -18.6%
25 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 Minnehaha County 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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