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Bankular
Local banking directory

Banks and Bank Branches in Watertown, South Dakota

The FDIC reported 11 deposit-reporting offices from 8 institutions in Watertown as of June 30, 2025. Bankular currently provides 12 detailed location pages with addresses, maps and directions.

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FDIC-reported offices11
Institutions reporting8
Detailed location pages12
Reported branch deposits$1.50B
SOD reporting dateJune 30, 2025

Reported-office totals come from the annual FDIC Summary of Deposits survey. Maps and branch-detail links appear only for locations with a validated Bankular location page.

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionReliabank Dakota23.66% of deposits
Top three share54.09%
Deposit HHI1,463Lower concentration
Current detailed pages121 more than the June 2025 SOD count

Reliabank Dakota held 23.66% of reported branch deposits in Watertown. The three largest institutions together held 54.09%. Bankular places the resulting HHI of 1,463 in its lower concentration descriptive band.

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Detailed bank locations in Watertown

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Detailed directory

Institutions with validated location pages

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Detailed bank locations in Watertown

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Reliabank Dakota2$354.2M23.66%
Dacotah Bank1$249.4M16.66%
First Interstate Bank2$206.0M13.76%
Plains Commerce Bank1$163.8M10.94%
Wells Fargo Bank1$152.2M10.17%
First PREMIER Bank2$149.5M9.99%
American Bank & Trust1$130.6M8.72%
First Bank & Trust1$91.2M6.09%