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Smart Planning Begins Here

First Bank & Trust’s partnership with South Dakota situs Trust Companies dates back to 1998. We pride ourselves in our understanding of this evolving industry, and value and support the needs of both Public and Private Trust Companies. The synergy clients experience between the Trust Department and Correspondent Banking is evident. We provide customized solutions that connect your banking, investing, administration, and compliance to make your “South Dakota Trust experience” a seamless experience!

Correspondent Banking Services

  • Competitive account options for capital, escrow, operating, and omnibus deposits
  • Customized reporting
  • Cash management services

Wealth Management Services

  • Trust administration
  • Exclusive account options for SD Division of Banking pledge and capital requirements
  • Investment management and custody
  • Operations and back-office support

Insurance Solutions

  • Fidelity bond coverage
  • Directors and officers liability insurance
  • Policy coverage

Conference Rooms for Client Reservation

  • Sioux Falls Downtown boardroom and conference rooms
  • Sioux Falls 57th Street boardroom and conference rooms
  • Sioux Falls Dawley Farms conference room
The insurance product or annuity is not a deposit or other obligation of, or guaranteed by, the bank or an affiliate of the bank and is not insured by the FDIC or any other agency of the US, the bank, or an affiliate of the bank. There may be investment risk associated with the product, including the possible loss of value.