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On Friday, July 17, 2009, BankFirst, Sioux Falls, SD was closed by
the South Dakota Division of Banking.
Subsequently, the Federal Deposit Insurance Corporation (FDIC)
was named Receiver.
No advance notice is given to the public when a financial institution
is closed.
All deposit accounts have been transferred
to Alerus Financial, National Association, Grand Forks, ND. The
branch in Minnesota will reopen as a branch of Alerus Financial,
National Association and the branch in South Dakota will reopen
as a branch of First Dakota National Bank. For
more information visit FDIC
Bank Closing Information for BankFirst.
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