Great Western Bank South Dakota Company Information

Great Western Bank is a subsidiary of Great Western Bancorporation, a bank holding company. It was founded in 1898 in Sioux Falls, South Dakota.

The bank offers a range of financial services, including personal and commercial banking, investment services, and wealth management.

Great Western Bank is a community-focused bank that prioritizes the needs of its customers and the local community.

You might enjoy: PNC Financial Services

Great Western Bank was established on August 5, 1935, as the Farmers and Merchants Bank of Watertown in South Dakota.

The bank's original name was a nod to its founding principles of serving the local farming and merchant communities. Over the years, the bank has undergone several name changes, including becoming Farmers and Merchants Bank and Trust of Watertown in 1967.

In 2003, the bank officially changed its name to Great Western Bank, marking a significant milestone in its history. This change reflected the bank's growth and expansion beyond its local roots.

Readers also liked: Farmers and Merchants Bank of Western Pennsylvania

The bank's main office moved to 225 South Main Avenue, Sioux Falls, South Dakota on July 5, 2017, a change that likely brought new opportunities for the bank's employees and customers.

Great Western Bank has a long history of expansion through acquisitions, with notable purchases including American Federal Bank in Madison, South Dakota in 1996, and First Savings and Loan Association of South Dakota in 1998.

The bank's growth strategy continued with further acquisitions, including Home Federal Bank in Sioux Falls, South Dakota in 2016, and TierOne Bank in Lincoln, Nebraska in 2010.

On February 1, 2022, Great Western Bank merged with First Interstate Bank, based in Billings, Montana, marking a significant milestone in its history.

Here's an interesting read: United Nations Federal Credit Union

Great Western Bank (South Dakota) offers a range of financial services to cater to its customers' needs.

The bank provides personal banking services, including checking and savings accounts, as well as loans and credit cards. This allows customers to manage their finances effectively and make the most of their money.

Great Western Bank also offers business banking services, including commercial loans and cash management tools.

For more insights, see: Home Loan Banking

Annual Revenue is a key metric for any financial institution. The Great Western Bank annual revenue was $481 million in 2025.

Having a clear understanding of a bank's revenue can help you make informed decisions about where to keep your money. This information can also be useful for investors looking to gauge a bank's financial health.

The annual revenue of Great Western Bank is not the only factor to consider when evaluating its financial performance.

Lost profits can be a significant financial burden for businesses, especially if they're unable to recover the revenue they've lost due to unforeseen circumstances.

For example, a business that's forced to close temporarily due to a natural disaster may lose profits from sales that would have been made during that time. In this case, the business may be able to claim lost profits as a tax deduction.

The amount of lost profits can vary greatly depending on the business and the circumstances. A small business that's been operating for only a few months may lose a significant portion of its profits due to a short-term closure, while a larger business may be able to absorb the loss more easily.

A unique perspective: Offshore Business Bank Account

In some cases, lost profits can be estimated using financial projections or historical data. For instance, a business that's been operating for several years may be able to estimate its lost profits based on its average monthly sales and the length of time it was closed.

Businesses should keep accurate financial records to help estimate lost profits. This includes tracking sales, expenses, and revenue to ensure they have a clear picture of their financial situation.

You can contact Great Western Bank via phone, with 73% of customers using this method, or via email, which is used by 27% of customers.

The best phone number to call Great Western Bank is 800-952-2043, with 50% of consumers using this number to address their issues and concerns.

The longest wait times are on Monday and Friday, while the shortest are on Saturday, with an average call time of just 15 seconds.

If you prefer to email, the best email to contact Great Western Bank is [email protected], with 91% of customers using this email address to address their issues and concerns.

You can also contact Great Western Bank through their mobile banking app, which allows you to check balances, pay bills, and make transfers, among other things.

The corporate office address of Great Western Bank is located in Sioux Falls, South Dakota, 57101-2345, United States.

If you're planning to visit the office in person, be sure to make an appointment beforehand to avoid a long wait.

You can also send a letter to PO Box 2345, Sioux Falls, South Dakota 57101-2345, United States, to express your concerns to the company agent.

The company agent is available to handle individual queries and concerns during business hours at the corporate office address.

A fresh viewpoint: Open Offshore Company and Bank Account

You can contact Great Western Bank through various channels, with phone being the most commonly used method at 73%.

The best phone number to call Great Western Bank is 800-952-2043, used by 50% of consumers to address their issues and concerns.

If you prefer to contact Great Western Bank via email, the best email to use is [email protected], used by 91% of customers.

People call Great Western Bank mainly because of account-related issues, requests for information, payments, and charges.

The longest wait times are on Monday and Friday, while the shortest are on Saturday, with an average call time of 15 seconds.

You can also contact Great Western Bank through their mobile banking app, which allows you to check balances, pay bills, make transfers, and find locations.