First Premier Bank plans new corporate headquarters after decades of growth

Photo courtesy of SiouxFalls.Business

SIOUX FALLS, S.D. (SIOUXFALLS.BUSINESS) - First Premier Bank’s customer base has grown and diversified immensely since it was acquired by Denny Sanford in 1986. It now counts 17 branches along the Interstate 29 corridor, including 10 plus an operations center in Sioux Falls.

Since 1995, total assets have increased from $200 million to $1.9 billion. Revenue has jumped from $19.6 million to $97.8 million.

In addition to providing services common for a full-service community bank – personal, business, ag banking and home loans – First Premier has branched into functions that give it a nationwide footprint.

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