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Size · South Dakota

Largest US Banks by Deposits in South Dakota

Ranked among banks headquartered in South Dakota. Re-ranked 1-59 within the state from the same national ranking population.

#1 US Banks by Deposits: WELLS FARGO BANK, NATIONAL ASSOCIATION — $1.52T . Total deposits across all FDIC-insured banks exceed $20 trillion. The largest US bank by deposits leads this list.

Ranked: 59 banks with reported data Showing: Top 59 Source: FFIEC call reports (Q1 2026)
# Bank HQ Value Total Assets
1 Wells Fargo Bank, N.A. Sioux Falls , SD $1.52T $1.85T
2 Citibank, N.A. Sioux Falls , SD $1.50T $1.93T
3 Bancorp Bank N.A., the Sioux Falls , SD $8.44B $9.90B
4 Pathward, N.A. Sioux Falls , SD $5.85B $7.11B
5 Dacotah Bank Aberdeen , SD $4.35B $4.87B
6 First Bank & Trust Brookings , SD $4.26B $4.87B
7 First Dakota National Bank Yankton , SD $2.96B $3.30B
8 First Premier Bank Sioux Falls , SD $2.85B $3.55B
9 Sunrise Banks, N.A. Sioux Falls , SD $2.47B $2.73B
10 American Bank & Trust Sioux Falls , SD $1.96B $2.24B
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11 First National Bank in Sioux Falls, the Sioux Falls , SD $1.76B $2.11B
12 Bankwest, Incorporated Pierre , SD $1.64B $1.92B
13 First National Bank Fort Pierre , SD $1.53B $2.05B
14 Cortrust Bank N.A. Mitchell , SD $1.40B $1.58B
15 First Savings Bank Beresford , SD $1.28B $1.59B
16 Plains Commerce Bank Sioux Falls , SD $1.07B $1.35B
17 1st Financial Bank USA Dakota Dunes , SD $1.02B $1.33B
18 Pioneer Bank & Trust Belle Fourche , SD $874.1M $985.9M
19 Reliabank Dakota Estelline , SD $638.1M $757.8M
20 First Fidelity Bank Burke , SD $634.7M $702.2M
21 Security Savings Bank Canton , SD $490.1M $549.6M
22 Black Hills Community Bank, N.A. Rapid City , SD $443.8M $495.9M
23 First National Bank in Philip Philip , SD $409.1M $465.7M
24 First National Bank Oldham , SD $388.4M $484.3M
25 Frontier Bank Sioux Falls , SD $314.9M $344.8M
26 Bankstar Financial Elkton , SD $302.9M $357.8M
27 Rivers Edge Bank Marion , SD $284.0M $346.3M
28 Security Bank Midwest Tyndall , SD $246.1M $321.9M
29 Farmers State Bank Parkston , SD $242.1M $258.9M
30 One American Bank Centerville , SD $240.6M $360.3M
31 Commercial State Bank of Wagner Wagner , SD $230.3M $263.0M
32 Quoin Financial Bank Miller , SD $210.1M $244.8M
33 Campbell County Bank Herreid , SD $203.2M $247.1M
34 Security National Bank of South Dakota Dakota Dunes , SD $196.8M $253.2M
35 Merchants State Bank Freeman , SD $176.4M $217.6M
36 Farmers and Merchants State Bank Plankinton , SD $140.8M $172.9M
37 Citizens State Bank of Arlington Arlington , SD $137.1M $155.1M
38 Heartland State Bank Redfield , SD $134.7M $156.0M
39 First State Bank of Roscoe Roscoe , SD $131.0M $152.3M
40 Great Plains Bank Eureka , SD $121.0M $151.3M
41 Dnb National Bank Clear Lake , SD $109.9M $119.6M
42 Security State Bank Alexandria , SD $92.0M $99.9M
43 Western Dakota Bank Timber Lake , SD $80.9M $89.2M
44 State Bank of Eagle Butte Eagle Butte , SD $72.4M $81.5M
45 Farmers State Bank of Canton Canton , SD $70.2M $81.4M
46 Community Bank Avon , SD $61.7M $70.6M
47 Ipswich State Bank Ipswich , SD $59.5M $70.9M
48 Sunrise Bank Dakota Onida , SD $54.4M $61.9M
49 Security State Bank, the Emery , SD $49.5M $61.8M
50 Bryant State Bank Bryant , SD $48.3M $55.3M
51 First Western Federal Savings Bank Rapid City , SD $44.0M $65.5M
52 Richland State Bank Bruce , SD $41.6M $46.2M
53 Farmers State Bank of Turton, the Turton , SD $35.2M $40.2M
54 Farmers and Merchants State Bank, the Scotland , SD $32.6M $36.1M
55 First National Bank of Frederick, the Frederick , SD $25.1M $28.6M
56 Andes State Bank Lake Andes , SD $21.7M $25.6M
57 Farmers State Bank Hosmer , SD $16.8M $20.9M
58 U.S. Bank Trust N.A. Sd Sioux Falls , SD $0 $189.9M
59 Anchorage Digital Bank N.A. Sioux Falls , SD $0 $1.14B

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All data sourced from the most recent FFIEC call report filings, refreshed each quarter as new filings are processed. See /data-updates/ for the current data freshness window.

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