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SD has strong banking industry

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  • SD has strong banking industry

    I saw this over in the Sioux City Journal, kinda interesting:

    http://www.siouxcityjournal.com/arti...ee000c311e.txt

    South Dakota and Sioux Falls a haven for banks



    SIOUX FALLS (AP) -- Although South Dakota is a lightly populated rural state, its banks have the fourth-highest financial assets in the United States.

    The 91 banks in South Dakota have $500 billion in assets, trailing only North Carolina, New York and Ohio, according to a Bauer Financial Reports analysis.

    Two of the nation's top financial giants have a large presence in South Dakota: Wells Fargo and Citibank.

    The Federal Deposit Insurance Corp. listed Wells Fargo Bank National Association and Wells Fargo National Bank with combined total assets of $419.1 billion and Citibank (South Dakota) and Citibank USA National Association with combined total assets of $53.8 billion for the financial quarter that ended June 30. . . . (read more)



    Go State!
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