Description: In the article which centers on first premier login, the author talks about community banking. South Dakota based financial organization whose business principles and practices are as solid as the people who live there. They’ve experienced solid growth at the national level with many of the products and services provided.
When consumers and businesses are looking for a bank that’s dedicated to supporting their communities, they often turn to a local community bank headquartered in their own town or state, the more than 6500 community banks across the u.s. are known for their local decision-making and local focus in providing credit, meeting market needs and reinvesting in the community.
The connection between these banks and the regions they serve is strong, my grandmother Polly lived in a small town of about 700 people in South Dakota, if you were to ask the people of things that are strong, they’ll talk about the banks in that town that ultimately helped it go.
In the largest community in South Dakota Sioux Falls, I have to point towards that, if you were to ask people why is this community, I think a community banking with one of the strongest leg on that leadership store is important.
Deep roots in a geographic area enhance the local knowledge and community involvement that helped to define community banks, these roots don’t necessarily prevent a community bank from growing certain aspects of its business far beyond county or state boundaries.
First Premier Bank in Sioux Falls South Dakota is an example of how one Community Bank has had success locally and nationally, the bank is consistently recognized as one of the strongest and top performing banks in the country of its size.
While they are firmly rooted in community banking, they’ve been able to expand into some very non-traditional areas on a national basis, we’ve been entrepreneurial as a bank, it’s reflective of our owner, what that means is that we’ve tried to find in innovative ways to grow our business to look outside of what one might think would be a traditional Community Bank.
We’ve always believed in possibilities and in what new areas that we can explore and add value, we’ve been very successful with that, we would be a high-performing bank if we had simply our community banking services, but when you add to that, the entire entree of ATM funding, ACH processing, trust Services, indirect lending where we serve a a larger regional or national market, that’s what sets our organization apart.
The bank was first chartered in 1905, in 1986 Denny Sanford purchased the bank that would later become First Premier Bank, in 1989 he established premier bank card to provide second chances to millions of individuals who have damaged credit and have the potential to move back into the financial mainstream in our country.
Premier bank card is the service provider for First Premier Bank credit cards, premier bank card is recognized as one of the top 20 issuers of Visa and MasterCard credit cards in the country, first Premier bank card started in this niche of offering products to the problem creditors and passed back in 1989.
Today we’ve grown to 2.6 million customers around the country, we are the twelfth largest issue of Visa MasterCard in the country, when we started, there was a void in servicing people, that had problems in the past, these are good people, they’ve had some problems, they needed some help to reestablish themselves.
That’s what we did, we stepped in to be able to offer a credit product to these individuals and also to give them access to a product that would help them reestablish their credit, individuals with damaged credit find that living outside the financial mainstream in this country can be difficult and expensive.
In today’s society it’s very important to reestablish your credit and to have a good credit score, it’s important because if you want a job, if you want to lease an apartment, if you want to buy a house, you need that credit score that’s out there and it has to be strong.
That is very important, a lot of people believe if you don’t use credit for a while, your credit score will improve, that’s false, you have to have a product out there and use it and make consistent payments on it to show the trend that you are working hard to reestablish yourself and that credit score will go up.
The route to growth for First Premier Bank and premier bank card has included both a traditional focus on community needs and expansion beyond the local market in key product offerings, with the success of its diverse business model it has fueled their passion for helping and serving others.
One of our premier values is volunteering in the community, we believe it’s a responsibility of every staff member to give some time back to the community, an hour a month is what we encourage them to do, many of our staff far exceed that in fact.
We have given tens of thousands of hours back to the community helping our citizens build the quality life that we value so highly, to learn more about First Premier Bank and premier bank card, visit their website.