South Dakota bank builds on the strength of rural towns
First Dakota National Bank of Yankton, S.D., has completed an acquisition of Bank 360, Beresford, S.D. The addition of the $37 million bank brings First Dakota’s asset size to $960 million. Bank 360’s Beresford and Elk Point markets have been on First Dakota’s radar for some time, said First Dakota National Bank President Rob Stephenson.
“There’s a long background,” Stephenson said. “We acquired two branches from them in the mid . . .
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