Bank · FDIC insured
American Bank & Trust
A $2.2B bank headquartered in Sioux Falls, SD, with 20 branches in 3 states. Best rates: savings 1.00% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: no rates found on its website.
- Savings831.00%at $10,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About American Bank & Trust
Officially chartered in 1886 after being established as the Bank of Alpena to safely keep money, American Bank & Trust remains a family-owned institution.
Originally relocated to Wessington Springs as American State Bank in 1964 and acquired by the Steele family in 1972, the bank adopted its current name in 2002.
American Bank & Trust operates 20 locations across South Dakota, Minnesota, and North Dakota.
- Headquarters
- 6810 S Minnesota Ave, Sioux Falls, SD 57108
- FDIC certificate
- 1117 ↗
Branches
20 branches in 3 states
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South Dakota
18 branches
Sioux Falls area · 6
- American Bank & TrustMain office6810 S Minnesota Ave, Sioux Falls, SD 57108Directions
- Lennox Branch214 S Main St, Lennox, SD 57039Directions
- 26th Street Sioux Falls Sd Branch8401 West 26th Street, Sioux Falls, SD 57106Directions
- Sioux Falls 41st & Sycamore Branch3405 S Sycamore Ave, Sioux Falls, SD 57110Directions
- Sioux Falls River Centre Branch200 E 10th St, Sioux Falls, SD 57104Directions
- Tea Sd Branch801 East Gateway Lane, Tea, SD 57064Directions
Huron area · 2
- Huron Branch1820 Dakota Ave S, Huron, SD 57350Directions
- Wolsey Branch265 Commercial Ave Sw, Wolsey, SD 57384Directions
Aberdeen area · 1
- Aberdeen, South Dakota Branch320 6th Ave Se, Aberdeen, SD 57401Directions
Carthage area · 1
- Carthage Branch201 Main St W, Carthage, SD 57323Directions
De Smet area · 1
- De Smet Branch212 Calumet Ave Se, De Smet, SD 57231Directions
Iroquois area · 1
- Iroquois Branch201 S Ottowa St, Iroquois, SD 57353Directions
Mellette area · 1
- Mellette Branch4 W Main St, Mellette, SD 57461Directions
Miller area · 1
- Miller Branch131 N Broadway Ave, Miller, SD 57362Directions
Pierre area · 1
- Pierre Br700 E Sioux Ave, Pierre, SD 57501Directions
Stickney area · 1
- Stickney Br221 Main St, Stickney, SD 57375Directions
Watertown area · 1
- Watertown Branch1715 1st Ave Ne, Watertown, SD 57201Directions
Wessington Springs area · 1
- Wessington Springs Branch120 Main St E, Wessington Springs, SD 57382Directions
Minnesota
1 branch
- Worthington Minnesota Branch1206 Oxford St, Worthington, MN 56187Directions
North Dakota
1 branch
- Lisbon, Nd Branch902 Main St., Lisbon, ND 58054Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.28% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.57% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 1.34% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $82 | $88 | — |
- CapitalLeverage ratio11.28%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.57%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets1.34%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$82Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of American Bank & Trust are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.