First Premier Bank in Sioux Falls, SD

First PREMIER Bank is a traditional full-service bank that has established itself as a comprehensive financial institution serving personal and business banking needs. The bank operates a multi-service platform that caters to customers at various income and asset levels, from entry-level banking customers to high-net-worth individuals seeking private banking services. The bank's core offerings span multiple categories: personal and business checking accounts, savings products and CDs, personal loans and lines of credit, mortgages including jumbo loans and construction financing, credit cards, brokerage and investment services, retirement planning, insurance products, and wealth management.

Their digital banking infrastructure includes free online and mobile banking platforms with bill pay and mobile deposit capabilities, alongside 37,000+ surcharge-free ATM access nationwide. They also offer specialized programs including a Professionals & Physician Loan Program for high-income borrowers and jumbo mortgage specialization. First PREMIER differentiates itself through tiered service levels—standard personal banking alongside premium offerings like Reward Checking (requiring $15,000 monthly deposit relationships), PREMIER Money Market accounts with rate benefits for higher balances, and comprehensive wealth management for private banking clients.

Their mortgage services emphasize fast online processing and local decisioning, while their investment services include both self-directed brokerage and managed portfolio options. The bank positions itself to serve both conservative savers and sophisticated investors. As a traditional bank, First PREMIER Bank is fundamentally a mainstream financial institution best suited for customers seeking established banking infrastructure, FDIC insurance protections, and integrated financial services under one roof.

The primary caveat is that as a conventional bank, they may not be the optimal choice for customers specifically seeking subprime credit products, rapid small-dollar lending, or specialized credit-building solutions—though their standard product suite is comprehensive for general banking needs.