Forbes Magazine Names First Dakota Best-In-State Bank for 2024

First Dakota National Bank is proud to have earned the distinction of South Dakota’s #1 Best-In-State Bank by Forbes business magazine for 2024. The results were based on a survey of approximately 26,000 U.S. residents.

“It’s an honor to be recognized as the Best-In-State Bank by Forbes,” said First Dakota National Bank President and CEO Rob Stephenson. “One of our highest priorities is serving our customers and our communities with excellence, and this award reflects our steadfast commitment to building successful futures for our customers.”

According to its website, “Forbes partnered once again with market research firm Statista to survey approximately 26,000 U.S. residents. Participants were asked to name all the banks and credit unions where they currently have—and previously had—a checking or savings account, and to identify financial institutions they know through the experiences of friends and family. Respondents were asked to share their level of satisfaction with the bank or credit union, and their willingness to recommend it to others, and to rate the organization on such criteria as: customer service, the quality of financial advice offered by representatives, fee structures, ease of navigating digital services and accessing help at branch locations, and the degree of trust the financial institutions inspired. Survey responses from the last three years were taken into consideration.

“Lastly, for each bank and credit union, Statista collected online text reviews and ratings written between February 2021 and March 2024. This research accounted for 20% of the scoring while the surveys accounted for 80%. The financial institutions with the highest scores landed on our lists.”

For more information on the survey, visit https://www.forbes.com/lists/b...

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