Things have changed pretty drastically lately. But for us, there’s one thing that won’t change: our commitment to helping our communities. The history of our Bank and the Sioux Falls community have always been connected, and we’re not stopping that now.
The past month has been like nothing I’ve ever seen in my 27-year banking history. Our team has been moving non-stop to provide support to local small businesses. We’ve gathered staff from other areas of the Bank to assist in processing and funding 343 loans through the Paycheck Protection Program (PPP), totaling more than $79 million. Processing and funding these loans is critical to our local economy, because they’re going to small businesses who give of their time and money to help build our communities.
It’s because of who we are as a locally owned, family bank that we stand firm in our commitment to our customers and to our communities during this time. It’s why we treat our customers like family, and why we’ll do whatever it takes to ensure that our family is taken care of.
As the only bank in Sioux Falls to survive the Great Depression without assistance from the federal government, you can be assured that The First National Bank in Sioux Falls will weather this storm. Even though some of our branch locations are closed, we’re here if you need help or just an ear to listen.
Through our values of Independence and Innovation, we’ve navigated uncertain times since 1885, and that’s exactly what we’ll continue to do. Watch our newest commercial for a message from board chairman and recently retired CEO Bill Baker.
