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Bankular
Local banking directory

Banks and Bank Branches in Mitchell, South Dakota

The FDIC reported 11 deposit-reporting offices from 8 institutions in Mitchell as of June 30, 2025. Bankular currently provides 11 detailed location pages with addresses, maps and directions.

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FDIC-reported offices11
Institutions reporting8
Detailed location pages11
Reported branch deposits$1.05B
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionFirst Dakota National Bank25.44% of deposits
Top three share62.27%
Deposit HHI1,671Moderate concentration
Current detailed pages11Matches the June 2025 SOD office count

First Dakota National Bank held 25.44% of reported branch deposits in Mitchell. The three largest institutions together held 62.27%. Bankular places the resulting HHI of 1,671 in its moderate concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
First Dakota National Bank2$266.5M25.44%
CorTrust Bank2$202.9M19.37%
First National Bank of Omaha1$183.0M17.46%
BankWest, Inc.2$119.3M11.38%
Wells Fargo Bank1$118.9M11.35%
Farmers State Bank1$69.6M6.64%
Plains Commerce Bank1$61.7M5.89%
First Interstate Bank1$25.8M2.47%