--- title: Construction Lenders in South Dakota: 78 Hold These Loans url: https://lender.report/construction-lenders/south-dakota/ license: https://lender.report/license/ --- Construction ยท SD # Construction lenders in South Dakota 78 lenders with an office in South Dakota hold construction and land loans on their books. Wells Fargo Bank, National Association, based in South Dakota, holds the largest book among those based here, at $12.5B. **Evidence** Lender holds construction and land loans on its books at the latest filing and has an office in South Dakota **Data as of** June 30, 2026 **Page last changed** November 11, 2026 **Lenders with an office here** 78 FDIC call report, Jun 30, 2026 **Based here** 52 FDIC call report, Jun 30, 2026 **Held by those based here** $22.5B FDIC call report, Jun 30, 2026 -17.6% from a year earlier, 50 of 52 lenders **Median book, based here** $9.26M FDIC call report, Jun 30, 2026 Cite this Source: The Lender Report, Construction lenders in South Dakota, https://lender.report/construction-lenders/south-dakota/, data as of June 30, 2026. ## Describe a deal in South Dakota See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show construction loans in South Dakota](https://lender.report/comps/?lane=construction&state=SD)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Offices here | Holds | Growth, 12 months | | --- | --- | --- | --- | --- | --- | | [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) | Bank | Sioux Falls, SD | 30 | $12.5B | | | [Citibank, National Association](https://lender.report/lender/citibank-sd/) | Bank | Sioux Falls, SD | 2 | $7.99B | +16.1% | | [Dacotah Bank](https://lender.report/lender/dacotah-bank-sd/) | Bank | Aberdeen, SD | 21 | $295M | +1.0% | | [First Bank & Trust](https://lender.report/lender/first-bank-and-trust-sd/) | Bank | Brookings, SD | 15 | $255M | | | [First Dakota National Bank](https://lender.report/lender/first-dakota-national-bank-sd/) | Bank | Yankton, SD | 17 | $165M | | | [1st Financial Bank USA](https://lender.report/lender/1st-financial-bank-usa-sd/) | Bank | Dakota Dunes, SD | 2 | $159M | +19.2% | | [BankWest, Inc.](https://lender.report/lender/bankwest-sd/) | Bank | Pierre, SD | 22 | $149M | +36.6% | | [First National Bank](https://lender.report/lender/first-national-bank-sd-fort-pierre/) | Bank | Fort Pierre, SD | 13 | $128M | | | [First PREMIER Bank](https://lender.report/lender/first-premier-bank-sd/) | Bank | Sioux Falls, SD | 13 | $123M | | | [Sunrise Banks, National Association](https://lender.report/lender/sunrise-banks-sd/) | Bank | Sioux Falls, SD | 2 | $82.7M | | | [Plains Commerce Bank](https://lender.report/lender/plains-commerce-bank-sd/) | Bank | Sioux Falls, SD | 8 | $72.3M | +5.3% | | [Pioneer Bank & Trust](https://lender.report/lender/pioneer-bank-and-trust-sd/) | Bank | Belle Fourche, SD | 7 | $72.1M | +9.2% | | [CorTrust Bank National Association](https://lender.report/lender/cortrust-bank-sd/) | Bank | Mitchell, SD | 21 | $71.7M | | | [First Savings Bank](https://lender.report/lender/first-savings-bank-sd/) | Savings | Beresford, SD | 11 | $61.9M | +34.5% | | [American Bank & Trust](https://lender.report/lender/american-bank-and-trust-sd/) | Bank | Sioux Falls, SD | 18 | $56.3M | | | [Black Hills Community Bank, N.A.](https://lender.report/lender/black-hills-community-bank-sd/) | Bank | Rapid City, SD | 2 | $48.9M | | | [The First National Bank in Sioux Falls](https://lender.report/lender/first-national-bank-in-sioux-falls-sd/) | Bank | Sioux Falls, SD | 19 | $46.0M | +2.8% | | [Black Hills Credit Union](https://lender.report/lender/black-hills-credit-union-sd/) | Credit union | Rapid City, SD | 19 | $43.0M | +17.2% | | [Reliabank Dakota](https://lender.report/lender/reliabank-dakota-sd/) | Bank | Estelline, SD | 10 | $30.7M | +48.5% | | [Pathward, National Association](https://lender.report/lender/pathward-sd/) | Bank | Sioux Falls, SD | 1 | $22.8M | | FDIC call report, Jun 30, 2026 [See all 78 construction lenders in South Dakota in Loan Comps](https://lender.report/comps/?lane=construction&state=SD) | Lender | Kind | Based in | Offices here | Holds, nationwide | | --- | --- | --- | --- | --- | | [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) | Bank | Columbus, OH | 4 | $18.8B | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) | Bank | Cincinnati, OH | 9 | $9.38B | | [BMO Bank National Association](https://lender.report/lender/bmo-bank-il/) | Bank | Chicago, IL | 7 | $4.49B | | [First National Bank of Omaha](https://lender.report/lender/first-national-bank-of-omaha-ne/) | Bank | Omaha, NE | 3 | $1.88B | | [First Interstate Bank](https://lender.report/lender/first-interstate-bank-mt/) | Bank | Billings, MT | 46 | $576M | | [First International Bank & Trust](https://lender.report/lender/first-international-bank-and-trust-nd/) | Bank | Watford City, ND | 1 | $534M | | [Frandsen Bank & Trust](https://lender.report/lender/frandsen-bank-and-trust-mn/) | Bank | Lonsdale, MN | 1 | $166M | | [Central Bank](https://lender.report/lender/central-bank-ia/) | Bank | Storm Lake, IA | 6 | $158M | | [Minnwest Bank](https://lender.report/lender/minnwest-bank-mn/) | Bank | Redwood Falls, MN | 6 | $157M | | [First Western Bank & Trust](https://lender.report/lender/first-western-bank-and-trust-nd/) | Bank | Minot, ND | 1 | $142M | FDIC call report, Jun 30, 2026 - 52 of these lenders are based in South Dakota, and 26 are based elsewhere with offices here. FDIC call report, Jun 30, 2026 - These lenders: 64 banks, 2 savings institutions and 12 credit unions. FDIC call report, Jun 30, 2026 - Lenders based in South Dakota hold $22.5B of construction and land loans, down 17.6% from a year earlier among the 50 of 52 with a comparable earlier filing. FDIC call report, Jun 30, 2026 - The five largest books based here hold 94.1% of that total. FDIC call report, Jun 30, 2026 - Wells Fargo Bank, National Association holds $12.5B, and Citibank, National Association holds $8B. FDIC call report, Jun 30, 2026 - The median book among lenders based in South Dakota is $9.3M. FDIC call report, Jun 30, 2026 - 15 lenders based here grew this book by 10% or more in the year to June 30, 2026. FDIC call report, Jun 30, 2026 - 9 lenders based here hold $100M or more of it. FDIC call report, Jun 30, 2026 - These lenders list 480 offices in South Dakota. FDIC office list, Oct 28, 2026 - First Interstate Bank, based in Montana, lists the most offices here among out-of-state lenders, at 46. FDIC office list, Oct 28, 2026 - Among credit unions here, the median average loan in this category is $807K. NCUA 5300, Jun 30, 2026 - Sentinel Credit Union grew this book the most in the year, up 60.9% to $11.4M. FDIC call report, Jun 30, 2026 ## How this list is defined **Measure** construction and land loans held by lenders with an office in South Dakota **Period** June 30, 2026 **Formula** The balance of construction and land loans on the lender's June 30, 2026 filing, for a lender with an office in South Dakota. A balance held, not loans made. **Order** Largest first by the book held at the latest filing, then name. Payment is not part of the order. **As of** June 30, 2026 **Source** [FDIC call report](https://api.fdic.gov/banks/financials) **Changelog** November 12, 2026: First published, with the data built on this date. Construction and land development loans finance building and site work, for homes and for commercial projects. Banks report them in one balance. Call reports give one balance per institution, not by state, and they carry balances, not loans made. The figure shown is the whole institution's book. Growth appears only where a book grew over the 12 months. Each lender's own page has its full record. A lender counts here if it holds construction and land loans on its books at the latest filing and has an office in South Dakota. Lenders that merged or stopped filing are left out. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.