State

Lenders in South Dakota

106 lenders are based in South Dakota, holding $543.3B of commercial loans at June 30, 2026. Wells Fargo Bank, National Association holds the largest commercial book here. Pick a kind of lending below to see who does it in South Dakota.

Data as of
June 30, 2026
Page last changed
November 11, 2026
Lenders based here
106
FDIC institution record,
Commercial book held
$543B
FDIC call report,
+4.0% from a year earlier, 87 of 106 lenders
Multifamily loans, 2025
227
HMDA,
+37.6% from 2024
SBA 7(a) loans, 36 months
387
SBA FOIA,

Cite this

Source: The Lender Report, Lenders in South Dakota, https://lender.report/lenders-in/south-dakota/, data as of June 30, 2026.

Describe a deal in South Dakota

This page lists who is based here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

Start with a deal in South DakotaA lender in South Dakota? Find your page

Largest commercial books based in South Dakota
LenderKindCommercial bookTotal assets
Wells Fargo Bank, National AssociationBank$323B$1.91T
Citibank, National AssociationBank$192B$1.98T
Pathward, National AssociationBank$4.88B$7.31B
The Bancorp Bank, National AssociationBank$3.91B$9.21B
Dacotah BankBank$3.15B$4.92B
First Bank & TrustBank$2.64B$4.78B
First Dakota National BankBank$2.25B$3.39B
Sunrise Banks, National AssociationBank$1.22B$2.78B
First National BankBank$1.12B$2.03B
American Bank & TrustBank$998M$2.25B
First Savings BankSavings$874M$1.59B
The First National Bank in Sioux FallsBank$868M$2.12B
BankWest, Inc.Bank$859M$1.93B
CorTrust Bank National AssociationBank$756M$1.56B
First PREMIER BankBank$682M$3.64B
FDIC call report,
Most multifamily loans made in South Dakota, 2025
LenderBased in2025 loans2025 dollars
Reliabank DakotaEstelline, SD31$16.7M
American Bank & TrustSioux Falls, SD20$44.2M
Dacotah BankAberdeen, SD19$16.4M
First Interstate BankBillings, MT13$20.3M
Security First BankLincoln, NE12$6.48M
First Dakota National BankYankton, SD11$16.1M
The First National Bank in Sioux FallsSioux Falls, SD9$8.87M
CorTrust Bank National AssociationMitchell, SD9$6.50M
BankWest, Inc.Pierre, SD8$25.0M
Security National Bank of South DakotaDakota Dunes, SD7$26.5M
HMDA,
Most SBA 7(a) loans recorded in South Dakota, 36 months
LenderBased inLoansDollars
The First National Bank in Sioux FallsSioux Falls, SD57$19.6M
First Bank & TrustBrookings, SD54$37.3M
U.S. Bank National AssociationCincinnati, OH39$6.95M
Black Hills Credit UnionRapid City, SD28$5.99M
LEVO Credit UnionSioux Falls, SD21$934K
First Interstate BankBillings, MT17$10.1M
Northeast BankPortland, ME13$1.65M
Wells Fargo Bank, National AssociationSioux Falls, SD11$7.03M
Pioneer Bank & TrustBelle Fourche, SD11$1.06M
The Huntington National BankColumbus, OH8$1.39M
SBA FOIA,
  • 106 lenders are based in South Dakota: 53 banks, 3 savings institutions, 33 credit unions and 17 non-bank lenders. FDIC institution record,
  • Banks, savings institutions and credit unions based in South Dakota report $3.9T in total assets. FDIC call report,
  • They hold $543.3B of commercial and commercial real estate loans, up 4.0% from a year earlier among the 87 of 106 with a comparable earlier filing. FDIC call report,
  • Lenders made 227 multifamily loans in South Dakota in 2025 for $447.6M, versus 165 in 2024 (HMDA, manufactured-home parks excluded). HMDA,
  • Lenders recorded 387 SBA 7(a) loans for $188.1M in South Dakota in the 36 months ending September 30, 2026. SBA FOIA,
  • Lenders made 1,189 1-4 unit investor or business-purpose loans in South Dakota in 2025. HMDA,
  • Wells Fargo Bank, National Association holds the largest commercial book of any lender based in South Dakota, at $322.7B. FDIC call report,
  • Reliabank Dakota made the most multifamily loans in South Dakota in 2025, at 31. HMDA,
  • The First National Bank in Sioux Falls recorded the most SBA 7(a) loans in South Dakota, at 57. SBA FOIA,
  • 11 kinds of lending have a page for South Dakota, each with at least 10 lenders with in-state evidence. FDIC institution record,

Lenders based here are those whose main office is in the state; balances are for the whole institution. HMDA and SBA figures count loans placed in the state, whoever made them. 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

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.