Rating based on 40 reviews

First Premier Bank


First Premier Bank homepage

Author First Premier Bank. Screenshot of First Premier Bank website. [Accessed September 4, 2019]

About First Premier Bank

First Premier Bank is a South Dakota-based financial leader with a solid national footprint and deep, South Dakota-proud roots.

We provide a wide range of financial services locally and nationally, from banking to finance, investments, wealth management, treasury as well as trust management services.

Who are we?

As a growing and dynamic full banking community with over $1.8 billion in assets, we offer tailored financial services to individuals, small and commercial businesses and the like of agricultural and other producers. We are the 10th largest ACH-originating financial institution in the United States and the 12th largest issuer of Mastercard credit cards in the country. Recognized as a leading financial brand, we have successfully served our customers for many years.

To bank with us there are a few basics

  • $50 minimum opening balance
  • No minimum balance thereafter
  • No monthly fee
  • Earn interest on balances of $500 or more

First Premier Bank Services

Our owner, T. Denny Sanford, is a successful entrepreneur and philanthropist.

In addition, he also started the Sanford Foundation for Charitable Giving, his philanthropic endeavours have changed the lives of many people around the world.

Additional facts about us

We are privately owned and operate with zero debt. Currently, we manage $1.8 billion in bank assets and $2.8 billion in trust assets. Our associates cultivate assets through a funded, and time-tested traditional sources, furthermore we are one of the leading capitalized banks in the country. We have many loan options to choose from as well as credit cards.

Some of our achievements

  • We are ranked the 17th strongest bank in the nation in over $1 billion according to Independent Banker Magazine
  • We are ranked as one of the country’s Best Banks to Work for from 2015-2017 according to American Banker and Best Companies Group
  • We have been serving as the bank for the State of South Dakota for 20 years
  • We have been serving as the bank for the City of Sioux Falls for 10 years

First Premier Bank Product Details

  • Loan Type Payday loans

Summary of Services

  • Flexible Loans
  • Payday Loans
  • Quick Cash Loans

At First Premier Bank you'll get just the right loan for you

When borrowing from us, we understand that lending is a personal matter.

So, whether you’re in need of a debt consolidation loan, funding a special purchase, home loans, we can help you with a wide range of lending options that meet your needs. Primarily focusing on student loans and medical needs of children, Denny has given over $1 billion to organizations in South Dakota and across the country.

We are dedicated to banking

Our financial strength and commitment to serve our customers their communities is what sets us apart from other financial institutions. We come highly recommended as one of the strongest banks in the nation and are fiercely capitalized as one of the leading S-corp banks in the country.

Furthermore, our wealth and trust specialists manage on average $2.8 billion in trust assets.

We offer competitive fixed or variable interest rates on loans

Our loans are both secured and unsecured with multiple repayment options. In addition, we don’t charge a prepayment penalty and offer free online and mobile banking for your convenience.

A personal loan service

Whether you’re buying or rebuilding your home, we can help you find the right rates and terms for you. We have access to a range of loan products and we make use of a quick state of the art loan processing technology. We offer personal service and support to all our customers.

Furthermore, we promise you no hidden fees and unpleasant surprises.

Customer Reviews & Testimonials

January 2019

It is the best place to seek financial help.

Carmen S
— Manchester —

July 2018

I gained numerous benefits because I decided to approach them!

Harry B
— London —

December 2018

They have made my life easier.

Karen T
— London —

First Premier Bank Contact Details

Contact Number

  • not available



Physical Address

Opening Hours

  • Monday 12:00 – 24:00
  • Tuesday 12:00 – 24:00
  • Wednesday 12:00 – 24:00
  • Thursday 12:00 – 24:00
  • Friday 12:00 – 24:00
  • Saturday 12:00 – 24:00
  • Sunday 12:00 – 24:00