US Bank Directory

Banks in Madison, SD

5 FDIC-insured banks operate 5 offices in Madison, South Dakota, and 2 credit unions have 2 offices.

Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026; hours checked October 10, 2026.

Bank branch map: Madison

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 7 banks and credit unions operate 7 locations in Madison, according to the FDIC and the NCUA. 7 of them have coordinates on record and are on the map. 4 publish opening hours.

BankCredit unionMain office

Branches: FDIC, NCUA. Streets: loading.

7 locations on the map

Tap a cluster to zoom in

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks and credit unions in Madison

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: 5 banks share the most locations in Madison, with 1 each. 5 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

BankWest 1 branch · main office Pierre, SD Bank · 1

BankWest has 1 branch in Madison, 22 across South Dakota and 22 nationwide. FDIC records list its main office in Pierre, SD and show it operating since 1889. With $1.93 billion in total assets on June 30, 2026, it ranks No. 620 of 4,232 U.S. banks by total assets. The Bankwest - Madison Branch at 1046 Makenda Ave dates to 2020 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

  • Bankwest - Madison Branch
    1046 Makenda Ave, 57042
    Hours: see the bank's site
BankWest: profile, branches and contacts
Dakotaland Credit Union 1 office · main office Huron, SD Credit union · 1

Dakotaland Credit Union has 1 office in Madison, 13 across South Dakota. It is based in Huron, SD and $739.6 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.

Who can join: see the credit union's site.

  • Madison Branch
    1004 S Washington Ave, 57042
    (605) 256-6511Today 9 am to 4 pm
    All hours

    Mon to Fri 9 am to 4 pm; Sat to Sun not published

    Hours: NCUA, March 31, 2026

Dakotaland Credit Union: profile, branches and contacts
East River Credit Union 1 office · main office Madison, SD Credit union · 1

East River Credit Union has 1 office in Madison, 1 across South Dakota. It is based in Madison, SD and $41.6 million in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.

Who can join: see the credit union's site.

  • Main Office main office
    220 S Harth Ave, 57042
    (605) 256-8145Today 8 am to 5:30 pm
    All hours

    Mon to Fri 8 am to 5:30 pm; Sat 9 am to 12 pm; Sun not published

    Hours: NCUA, March 31, 2026

East River Credit Union: profile, branches and contacts
First Bank & Trust 1 branch · main office Brookings, SD Bank · 1

First Bank & Trust has 1 branch in Madison, 15 across South Dakota and 22 nationwide. FDIC records list its main office in Brookings, SD and show it operating since 1925. With $4.78 billion in total assets on June 30, 2026, it ranks No. 296 of 4,232 U.S. banks by total assets. The Madison Branch at 120 N Egan Ave dates to 2004 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

First Bank & Trust: profile, branches and contacts
First Interstate Bank 1 branch · main office Billings, MT Bank · 1

First Interstate Bank has 1 branch in Madison, 46 across South Dakota and 274 nationwide. FDIC records list its main office in Billings, MT and show it operating since 1916. With $25.79 billion in total assets on June 30, 2026, it ranks No. 83 of 4,232 U.S. banks by total assets. The Madison Branch at 301 N Egan Ave dates to 1888 in FDIC branch records. Its published hours do not list Saturday.

  • Madison Branch
    301 N Egan Ave, 57042
    (605) 256-6532Today 9 am to 5 pm
    All hours

    Mon closed; Tue to Fri 9 am to 5 pm; Sat to Sun closed

    Hours: First Interstate Bank branch locator (All The Places), checked Oct 10, 2026

First Interstate Bank: profile, branches and contacts
First PREMIER Bank 1 branch · main office Sioux Falls, SD Bank · 1

First PREMIER Bank has 1 branch in Madison, 13 across South Dakota and 13 nationwide. FDIC records list its main office in Sioux Falls, SD and show it operating since 1914. With $3.64 billion in total assets on June 30, 2026, it ranks No. 361 of 4,232 U.S. banks by total assets. The Madison Branch at 202 Nw 2nd St dates to 2020 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

First PREMIER Bank: profile, branches and contacts
Wells Fargo Wells Fargo Bank, National Association · 1 branch · main office Sioux Falls, SD Bank · 1

Wells Fargo has 1 branch in Madison, 30 across South Dakota and 4,161 nationwide. FDIC records list its main office in Sioux Falls, SD and show it operating since 1870. With $1.91 trillion in total assets on June 30, 2026, it ranks No. 4 of 4,232 U.S. banks by total assets. The Madison Branch at 200 N Egan Ave dates to 1935 in FDIC branch records. Its published hours do not list Saturday.

  • Madison Branch
    200 N Egan Ave, 57042
    (605) 256-4551Today 9 am to 5 pm
    All hours

    Mon to Fri 9 am to 5 pm; Sat to Sun not published

    Hours: Wells Fargo branch locator (All The Places), checked Oct 10, 2026

Wells Fargo: profile, branches and contacts

Join a credit union in Madison

2 credit unions have 2 offices here: Dakotaland Credit Union and East River Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Madison page has every office in the state's directory.

Banking in Madison: the local picture

Short answer: 5 banks run 5 branches in Madison according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Of the 5 banks, 0 have their main office in Madison, 4 elsewhere in South Dakota and 1 out of state, according to the FDIC.

The bank with the longest record here is Wells Fargo, operating since 1870 according to the FDIC. In FDIC branch records, the longest-running branch is First Interstate Bank's office at 301 N Egan Ave, dating to 1888; the newest is BankWest's at 1046 Makenda Ave, from 2020.

2 credit unions have 2 offices in Madison, according to the NCUA. Who can join each one is on the credit unions page.

Of the 4 locations with published hours. 1 opens on Saturday. 3 locations have no published hours in these sources.

Credit unions open on Saturday in Madison

Short answer: 1 of the 4 Madison locations with published hours opens on Saturday, run by 1 institution.

Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 3 of the 7 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.

Chase, Bank of America and other national banks

Which big national banks have branches in Madison, and where the nearest one is if they do not.

Short answer: In Madison: Wells Fargo (1). No branches in Madison: Chase (nearest in Sioux Falls, 37 mi), Bank of America, PNC Bank, U.S. Bank (nearest in Sioux Falls, 36 mi), Truist, Fifth Third Bank, Huntington, Regions Bank, TD Bank, BMO (nearest in Huron, 60 mi).

BankIn MadisonNearest branch if none here
Wells Fargo1 branchhere
ChaseNoneSioux Falls, 37 miles away
Bank of AmericaNonenone in South Dakota
PNC BankNonenone in South Dakota
U.S. BankNoneSioux Falls, 36 miles away
TruistNonenone in South Dakota
Fifth Third BankNonenone in South Dakota
HuntingtonNonenone in South Dakota
Regions BankNonenone in South Dakota
TD BankNonenone in South Dakota
BMONoneHuron, 60 miles away

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Madison to the nearest branch in South Dakota.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Fed Funds Target Range3.75% - 4.00%FOMC, Sep 16 2026
30-Yr Fixed Mortgage Avg6.76%Freddie Mac PMMS, Sep 10 2026
15-Yr Fixed Mortgage Avg6.09%Freddie Mac PMMS, Sep 10 2026
Avg Credit Card APR22.15%Fed G.19, accounts assessed interest, Q2 2026
Best 12-Month CD4.25%Barclays and Popular Direct, Sep 16 2026
Best High-Yield Savings3.95%Bread Savings, Sep 16 2026

One year at this rate earns about $0; at the best published savings rate (3.75%) about $0.

OfferBankAPYTermMinimum
SavingsCIT Bank3.75%none$5,000
SavingsBarclays3.50%none$0
SavingsMarcus by Goldman Sachs3.40%none$0
CDSynchrony Bank4.35%60 Months$0
CDMarcus by Goldman Sachs4.35%24 Months$500
CDAmerican Express National Bank4.25%10 Months$0

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Madison residents like anyone else.

Banks near Madison

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Dell Rapids (23 miles) and Arlington (25 miles). Sioux Falls, 38 miles away, has the most banks nearby: 34.

Bank branch openings and closings in Madison

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Madison between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Banks and credit unions based in Madison

Short answer: 1 institution has its main office in Madison: East River Credit Union.

InstitutionTypeTotal assets, March 31, 2026Offices here
East River Credit UnionCredit union$41.6 million1

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Madison by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Madison offices.

Short answer: Wells Fargo is the largest bank with offices in Madison, with $1.91 trillion in total assets on June 30, 2026, No. 4 among U.S. banks by total assets. First Interstate Bank is second with $25.79 billion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

BankTotal assetsRankOffices hereMain office
Wells Fargo$1.91 trillionNo. 41Sioux Falls, SD
First Interstate Bank$25.79 billionNo. 831Billings, MT
First Bank & Trust$4.78 billionNo. 2961Brookings, SD
First PREMIER Bank$3.64 billionNo. 3611Sioux Falls, SD
BankWest$1.93 billionNo. 6201Pierre, SD

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Madison: FAQ

How many banks are in Madison, SD?

Madison has 5 banks with 5 branches and 2 credit unions with 2 offices, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.

Which bank has the most branches in Madison?

Wells Fargo, with 1. First Interstate Bank has 1 and First Bank & Trust has 1.

Is there a Wells Fargo in Madison, SD?

Yes. FDIC data lists 1 Wells Fargo branch in Madison as of September 5, 2026. The address and directions are under Wells Fargo above.

Is there a First Interstate Bank in Madison, SD?

Yes. FDIC data lists 1 First Interstate Bank branch in Madison as of September 5, 2026. The address and directions are under First Interstate Bank above.

Is there a First Bank & Trust in Madison, SD?

Yes. FDIC data lists 1 First Bank & Trust branch in Madison as of September 5, 2026. The address and directions are under First Bank & Trust above.

Is there a Chase in Madison, SD?

No. FDIC data lists no Chase branch in Madison as of September 5, 2026. The nearest is in Sioux Falls, about 37 miles away in a straight line.

Which banks in Madison are open on Saturday?

East River Credit Union publishes Saturday hours for one or more Madison locations. The Saturday section above lists each one with its hours. 3 of the 7 locations here do not publish hours in the sources this page uses; call ahead.

Which banks are headquartered in Madison?

East River Credit Union has its main office in Madison, according to the FDIC and the NCUA.

What is the oldest bank in Madison?

Wells Fargo has the longest record among banks with a branch here: the FDIC shows it operating since 1870.

Which credit unions can I join in Madison?

Dakotaland Credit Union and East River Credit Union have offices in Madison. Check each credit union's membership rules before you apply.

Did any bank branches open or close in Madison in the past year?

FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Where can I find more banks near Madison?

Nearby cities with more banks include Dell Rapids, Arlington, Flandreau. Dell Rapids is 23 miles away with 2 banks.

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.

DataSourceLicenseUpdatedData as of
FDIC-insured banks: branches, main offices, total assets, dates establishedFDIC BankFind Suite APIPublic data (U.S. government)Monthly importSep 5, 2026
Credit union offices, phones and hours as filed with the NCUA, total assetsNCUA call report dataPublic data (U.S. government)Quarterly importMar 31, 2026
Map coordinates of 2 credit union offices whose NCUA record has none, from the office addressU.S. Census Bureau GeocoderPublic data (U.S. government)With each NCUA importOct 19, 2026
Bank branch hours, phones and branch pages (2 of 5 branches: First Interstate Bank, Wells Fargo)The banks' own branch locators, collected by All The PlacesCC0 (All The Places data); each bank's locator is the primary sourceWeekly spider run, monthly refresh hereOct 10, 2026
Savings and CD rates, national averagesBanrox Bank RatesBanrox, from the banks' own rate pages and FDIC national ratesWeeklysee each rate

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