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First Bank & Trust Strengthens Market Presence with Opening of New Branch in Edina

March 8, 2024

First Bank & Trust proudly announces the opening date of March 18, 2024, of its brand-new building located at 4901 77th Street West within Pentagon Village in Edina. The new 2-story building is 20,600 square feet with a 2-lane enclosed drive-up and employs more than 20 full-time employees, including the market president, chief mortgage officer, SBA (Small Business Administration) lending director, and business banking, wealth management, and personal banking teams. First Bank & Trust partnered with HTG Architects, based in Hopkins, Minnesota, for the design and BJ Baas Builders as the general contractor.
“This new location underscores our ongoing commitment to providing exceptional customer experience and building long-lasting relationships, while providing much needed space for our rapidly growing Twin Cities banking team," says Jim Basten, Market President at First Bank & Trust.
From traditional banking services to digital solutions, the bank offers a comprehensive suite of products and services tailored to meet the diverse financial goals of individuals, families, and businesses alike.
As part of the grand-opening celebration, residents and businesses in the community are invited to join First Bank & Trust for a ribbon-cutting ceremony and open house event on May 15. Guests will have the opportunity to tour the new facility and meet the team.
The current Edina bank location at 3316 West 66th Street will close on March 15.
First Bank & Trust entered the Twin Cities market in 2017 through a merger with Peoples Bank of Commerce and State Bank of New Prague. With two locations in the metro area, Roseville and Edina, and four additional locations in the surrounding communities of New Prague, Cambridge, Princeton, and East Bethel, First Bank & Trust has grown the company’s lending portfolio by nearly five times its original size and sees the Twin Cities as important to the growth of the organization.
For more information about First Bank & Trust and its newest bank location, visit

About First Bank & Trust

First Bank & Trust, headquartered in Brookings, South Dakota, is one of South Dakota’s largest privately held banks. A family- and employee-owned bank, First Bank & Trust serves 17 communities in South Dakota and Minnesota with 22 bank locations. Learn more at

First Bank & Trust
Jim Basten
Market President