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Financial Services in South Dakota

Financial Services

Why South Dakota?

  • In South Dakota, we strive to help Financial Services companies succeed. We have a longstanding regulatory climate that is beneficial to the financial services industry and leaders statewide make every effort to make South Dakota’s rules and regulations business friendly.
  • Our trust laws are internationally recognized. South Dakota offers the lowest capital requirement in the United States, effective asset protection, no rule against perpetuity and absolute privacy.
  • Companies have taken note. South Dakota is home to several powerhouse financial service companies, including Citibank NA, Wells Fargo & Co, TCF Bank, Meta Payment Systems, and The Bancorp.
  • That’s why South Dakota holds more of the country’s bank assets than any other state in the nation. There is $2.8 trillion in holdings in South Dakota.
  • We have a lot to offer. Please, check South Dakota out.