First Dakota  
 
 
  Business Banking

Business Loans
To fully support a business requires more than reviewing balance sheets. It requires taking time to understand goals, share visions and build a sense of partnership. Whatever your business financing needs, we have the financial resources, the products and the desire to help you succeed!   Inquire Online (secure)

  • Inventory, Equipment and Receivables Financing
  • Lines of Credit
  • Real Estate Loans
  • Small Business Administration (SBA) Loans: 7A • 504 • LOW DOC
  • Micro Loans (Through SD Governor's Office of Economic Development)
  • Letters of credit

Currently originating loans in the following South Dakota counties: Aurora, Bon Homme, Brule, Buffalo, Charles Mix, Clay, Davison, Douglas, Gregory, Hanson, Hutchinson, Jerauld, Lake, Lincoln, Lyman, McCook, Miner, Minnehaha, Moody, Sanborn, Tripp, Turner, Union, Yankton.
Iowa counties: Lyon, O'Brien, Osceola, Plymouth, Sioux
Minnesota counties: Nobles, Pipestone, Rock
Nebraska counties: Antelope, Cedar, Dixon, Holt, Knox

Business Banking Officers
You can rely on the experience of First Dakota's Business Professionals. They will help you establish clear financial goals to help your business prosper. Talk to any one of our Business Bankers today or contact us

Photo: Gailen Meyerink
Gailen Meyerink
Chamberlain, SD
(605) 734-5555
Photo: Jeff Priebe
Jeff Priebe
Chamberlain, SD
(605) 734-5555
Photo: Mark Grussing
Mark Grussing
Kimball, SD
(605) 778-6218

Photo: Trevor Dierks
Trevor Dierks
Mitchell, SD
(605) 996-3364
Photo: Lance Koth
Lance Koth
Mitchell, SD
(605) 996-3364
Photo: RyanJensen
Ryan Jensen
Mitchell, SD
(605) 996-3364

Photo: Jeremy Grady
Jeremy Grady
Salem, SD
(605) 425-3111
Photo: Jeff Eitreim
Jeff Eitreim
Sioux Falls, SD
(605) 333-8223
Photo: Corey Halstenson
Corey Halstenson
Sioux Falls, SD
(605) 333-8221

Photo: Dave Kroll
Dave Kroll
Sioux Falls, SD
(605) 333-8294
Photo: Matt Metzger
Matt Metzger
Sioux Falls, SD
(605) 333-8233
Photo: Michael Ness
Michael Ness
Sioux Falls, SD
(605) 333-8235


Jerry Paulsen
Sioux Falls, SD
(605) 333-8200
Photo: Wayne Wassink
Wayne Wassink
Sioux Falls, SD
(605) 333-8224
Photo: Farron Pratt
Farron Pratt
Vermillion, SD
(605)624-5555

Photo: Marc Mooney
Marc Mooney
Yankton, SD
(605) 665-4946
Photo: Aaron Ness
Aaron Ness
Yankton, SD
(605) 655-7504
Photo: Rob Stephenson
Rob Stephenson
Yankton, SD
(605) 665-4994
Photo: Denny Weiss
Denny Weiss
Yankton, SD
(605) 655-7502

 


Business Services
First Dakota offers a complete array of services for your business:
  • 401k and other retirement plans
  • Investment services
  • Employee benefit packages
  • Business credit card
  • Internet Banking
  • Investment sweep accounts
  • Business Checkcard
  • Corporate credit services
  • Merchant card services


Business Checking Account Services:
We offer checking account and deposit services to fit your individual business needs:

  • Business Checking Accounts*
  • Money Market Deposit Accounts
  • Convenient Locations
  • Business Drops for Overnight Deposits
  • Change Orders Filled
  • Monthly Statements with Check and Deposit Images

*An Interest Credit against service charges is earned on your average collected balance. This credit can virtually reduce or eliminate monthly service charges to your account.


Business Checking
Save Time! Click here to order your business checks or forms from Deluxe.


Internet Banking:
First Dakota's Internet Banking gives you secure 24-hour access to all your account information, and enables you to manage your business finances fast and efficiently over the Internet. You'll have the ability to transfer funds between accounts and to see pictures of your checks and deposits as soon as they clear. If you use Microsoft Money® or QuickBooks®, you'll be able to download your First Dakota account information directly to your office computer to easily organize and monitor your income and expenses. First Dakota's Internet Banking also gives you access to online bill payment and Online Cash Management features for a small monthly fee.


Remote Deposit Capture:
With First Dakota's Remote Deposit Capture scanner, it's just like putting one of our tellers right on your desk. Simply run your checks through the scanner and transmit them via a secure Internet connection. By making electronic check deposits, your transactions may be processed more quickly, making your funds available sooner. Remote Deposit Capture eliminates the need to take checks to the bank. It is fast, cost effective, convenient and secure. You can improve your efficiency and profitability. Contact us through our website or call 605-665-7432 for more information.


CheckCollect:
First Dakota's CheckCollect is a full service program for collecting returned checks. It is convenient because returned checks are automatically sent for electronic collection. In addition to receivng 100% of the face value of each successfully collected check, you will also receive a $5 rebate. First Dakota's CheckCollect electronically deposits the funds from the collected checks to the account of your choice on a weekly basis. The rebates are deposited on a monthly basis. In addition to receiving regular status reports, you will also be able to track each check's progress online. Let us help collect your returned checks. It's fast and easy. Contact us through our website or call 605-665-7432 for more information.


Visa Business Card
Want to manage your business expenses more effectively? The First Dakota Visa Business Card can help! It delivers greater purchasing power; helps keep business and personal expenses separate; provides the financial flexibility of a business line of credit. To apply please contact us through our website or call us at 605-665-7432.


Merchant Card Program
Decrease your account receivables and increase cash flow. Ask about First Dakota's Merchant Card Program. Our credit card department can set up your business to accept Visa and Mastercard. Contact us through our website or call us at 605-665-7432.


ACH Origination
The ACH, or Automated Clearing House, is an electronic payment method for consumers and businesses. First Dakota is an originator of ACH entries.
Ask us how we can serve your business with the following account services:
  • Direct Deposit of Payroll
  • Automatic Bill Payment
  • Automated or Electronic Cash Concentration
  • Corporate-to-Corporate Payments



Privacy Policy Copyright 2007, First Dakota National Bank. All rights reserved. Member FDIC.Equal Housing Lender