FDIC-insured banks and savings institutions in South Dakota

FDIC-insured banks and savings institutions in South Dakota was 56 in 2025, according to FDIC. That is unchanged from 2024. That is the 27th highest of 51 states in 2025.

2025, count56
Change on 20240%
Rank27th of 51US states ranked
Series high1551984
Series low562023

Next release: Thursday, 16 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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FDIC-insured banks and savings institutions in South Dakota, 1984 to 2025

406080100120140160198419901996200220082014202020251984: 155 count1985: 150 count1986: 147 count1987: 149 count1988: 144 count1989: 141 count1990: 137 count1991: 135 count1992: 130 count1993: 128 count1994: 126 count1995: 122 count1996: 122 count1997: 111 count1998: 108 count1999: 106 count2000: 101 count2001: 97 count2002: 97 count2003: 94 count2004: 91 count2005: 92 count2006: 89 count2007: 89 count2008: 87 count2009: 84 count2010: 83 count2011: 82 count2012: 79 count2013: 76 count2014: 73 count2015: 72 count2016: 70 count2017: 68 count2018: 63 count2019: 62 count2020: 60 count2021: 59 count2022: 57 count2023: 56 count2024: 56 count2025: 56 count507510012515017519841998201220251984: 155 count1985: 150 count1986: 147 count1987: 149 count1988: 144 count1989: 141 count1990: 137 count1991: 135 count1992: 130 count1993: 128 count1994: 126 count1995: 122 count1996: 122 count1997: 111 count1998: 108 count1999: 106 count2000: 101 count2001: 97 count2002: 97 count2003: 94 count2004: 91 count2005: 92 count2006: 89 count2007: 89 count2008: 87 count2009: 84 count2010: 83 count2011: 82 count2012: 79 count2013: 76 count2014: 73 count2015: 72 count2016: 70 count2017: 68 count2018: 63 count2019: 62 count2020: 60 count2021: 59 count2022: 57 count2023: 56 count2024: 56 count2025: 56 count
count. Source: Invokely calculation with data from FDIC. Retrieved 2026-10-18, published 2026-09-16.
All 42 values
Periodcount
202556
202456
202356
202257
202159
202060
201962
201863
201768
201670
201572
201473
201376
201279
201182
201083
200984
200887
200789
200689
200592
200491
200394
200297
200197
2000101
1999106
1998108
1997111
1996122
1995122
1994126
1993128
1992130
1991135
1990137
1989141
1988144
1987149
1986147
1985150
1984155

Compared with United States

Place2025
South Dakota56
United States4,319

South Dakota compared with nearby places

Alabama: 94 countAlaska: 5 countArizona: 13 countArkansas: 78 countCalifornia: 119 countColorado: 66 countConnecticut: 28 countDelaware: 15 countDistrict of Columbia: 4 countFlorida: 84 countGeorgia: 133 countHawaii: 6 countIdaho: 10 countIllinois: 334 countIndiana: 90 countIowa: 230 countKansas: 186 countKentucky: 119 countLouisiana: 108 countMaine: 22 countMaryland: 29 countMassachusetts: 92 countMichigan: 74 countMinnesota: 228 countMississippi: 58 countMissouri: 201 countMontana: 36 countNebraska: 143 countNevada: 15 countNew Hampshire: 17 countNew Jersey: 50 countNew Mexico: 29 countNew York: 110 countNorth Carolina: 39 countNorth Dakota: 61 countOhio: 158 countOklahoma: 171 countOregon: 14 countPennsylvania: 112 countRhode Island: 6 countSouth Carolina: 43 countSouth Dakota: 56 countTennessee: 114 countTexas: 351 countUtah: 42 countVermont: 12 countVirginia: 56 countWashington: 33 countWest Virginia: 43 countWisconsin: 157 countWyoming: 25 count
  • Under 15
  • 15 to 35
  • 35 to 58
  • 58 to 99
  • 99 to 150
  • 150 and over
FDIC-insured banks and savings institutions, 2025, count. South Dakota is outlined. Same source and period for every area shown. Source: Federal Deposit Insurance Corporation. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

Number of FDIC-insured commercial banks and savings institutions at year end, counted in the state where each institution has its headquarters.

FDIC historical summary of insured institutions, year end, for the 50 states and DC; the national value covers the same area and excludes US territories. Each value adds commercial banks and savings institutions, which the FDIC reports separately; both figures are stored with it. Credit unions are not FDIC-insured and are not included. An institution with branches in several states counts once, in its headquarters state, so the number of banks operating in a state can be higher. The series starts in 1984, when savings institutions enter the FDIC summary.

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How to cite

Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Federal Deposit Insurance Corporation. (2026). Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state (FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025) [Data set]. Retrieved October 18, 2026, from https://banks.data.fdic.gov/bankfind-suite/historical

MLA 9

Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025. Federal Deposit Insurance Corporation, 16 Sept. 2026, https://banks.data.fdic.gov/bankfind-suite/historical. Invokely, https://invokely.ai/en/fdic-insured-banks/south-dakota. Accessed 18 Oct. 2026.

Chicago (author-date)

Federal Deposit Insurance Corporation. 2026. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025. Dataset. Accessed October 18, 2026. https://banks.data.fdic.gov/bankfind-suite/historical. Also distributed by Invokely, https://invokely.ai/en/fdic-insured-banks/south-dakota.

Harvard

Federal Deposit Insurance Corporation (2026) Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state, FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025 [Dataset]. Available at: https://banks.data.fdic.gov/bankfind-suite/historical, via Invokely: https://invokely.ai/en/fdic-insured-banks/south-dakota (Accessed: 18 October 2026).

BibTeX
@misc{federal_fdic_insured_banks_and_2025,
  author = {{Federal Deposit Insurance Corporation}},
  title = {{Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://banks.data.fdic.gov/bankfind-suite/historical},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/south-dakota. Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.},
}
RIS
TY  - DATA
AU  - Federal Deposit Insurance Corporation
TI  - Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state: FDIC-insured banks and savings institutions, South Dakota, 1984 to 2025
PY  - 2026
DA  - 2026/09/16
PB  - Federal Deposit Insurance Corporation
DB  - Invokely
UR  - https://banks.data.fdic.gov/bankfind-suite/historical
L2  - https://invokely.ai/en/fdic-insured-banks/south-dakota
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/fdic-insured-banks/south-dakota.
N1  - Publisher attribution: Federal Deposit Insurance Corporation, BankFind Suite. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. https://banks.data.fdic.gov/bankfind-suite/historical. Retrieved 2026-10-18.
ER  - 
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Questions

What is the FDIC-insured banks and savings institutions in South Dakota?

FDIC-insured banks and savings institutions in South Dakota was 56 in 2025, according to FDIC. That is unchanged from 2024. That is the 27th highest of 51 states in 2025.

Where does this figure come from?

Federal Deposit Insurance Corporation. Historical summary of FDIC-insured institutions, number of institutions, commercial banks plus savings institutions, by state. Retrieved by Invokely on 2026-10-18.

What was the highest FDIC-insured banks and savings institutions in South Dakota?

155 in 1984, the highest value since 1984 in this series.

FDIC-insured banks and savings institutions elsewhere in United States

Related statistics for South Dakota

All statistics for South Dakota | South Dakota in figures