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Banks and Bank Branches in Vermillion, South Dakota

The FDIC reported 5 deposit-reporting offices from 5 institutions in Vermillion as of June 30, 2025. Bankular currently provides 5 detailed location pages with addresses, maps and directions.

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FDIC-reported offices5
Institutions reporting5
Detailed location pages5
Reported branch deposits$376.9M
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionFirst Dakota National Bank29.92% of deposits
Top three share70.22%
Deposit HHI2,165Moderate concentration
Current detailed pages5Matches the June 2025 SOD office count

First Dakota National Bank held 29.92% of reported branch deposits in Vermillion. The three largest institutions together held 70.22%. Bankular places the resulting HHI of 2,165 in its moderate concentration descriptive band.

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Detailed bank locations in Vermillion

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
First Dakota National Bank1$112.8M29.92%
Wells Fargo Bank1$82.4M21.87%
CorTrust Bank1$69.5M18.44%
First Bank & Trust1$63.7M16.90%
BMO Bank1$48.5M12.88%