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Financial Services Industry Description

The Financial Services industry in South Dakota is a significant contributor to the state's economy. The industry includes a range of financial institutions, such as banks, credit unions, insurance companies, and investment firms. South Dakota is home to several large financial institutions, including Wells Fargo, Citibank, and First Premier Bank. These institutions provide a wide range of financial services to individuals and businesses, including banking, lending, insurance, and investment services. In recent years, South Dakota has become a popular destination for credit card companies due to its favorable regulatory environment. The state has no usury laws, which allows credit card companies to charge higher interest rates than in other states. As a result, several major credit card companies, including Capital One and Citibank, have established operations in South Dakota. The insurance industry is also a significant part of the financial services sector in South Dakota. The s...

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78

COMPANIES

5.13 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$89,661

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, South Dakota

250 Million to 500 Million

1001-5000

Financial Services

United States, South Dakota

250 Million to 500 Million

1001-5000

Financial Services

United States, South Dakota

1 Billion and Over

201-500

Financial Services

United States, South Dakota

250 Million to 500 Million

501-1000

Financial Services

United States, South Dakota

10 Million to 25 Million

10001+

Financial Services

United States, South Dakota

100 Million to 250 Million

501-1000

Financial Services

United States, South Dakota

100 Million to 250 Million

201-500

Financial Services

United States, South Dakota

100 Million to 250 Million

201-500

Financial Services

United States, South Dakota

50 Million to 100 Million

201-500

Financial Services

United States, South Dakota

50 Million to 100 Million

201-500

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in South Dakota plays a crucial role in the state's economy. With a strong presence of both national and regional banks, South Dakota has established itself as a prominent financial hub. The industry encompasses a wide range of services, including commercial banking, investment banking, insurance, and asset management. South Dakota's favorable business climate, low taxes, and regulatory environment have attracted numerous financial institutions to establish their operations in the state. The industry contributes significantly to job creation and economic growth, providing employment opportunities to thousands of individuals across various sectors. Additionally, the banking and finance industry in South Dakota has been instrumental in supporting local businesses and entrepreneurs by providing access to capital and financial services. The state's well-developed banking infrastructure, coupled with its commitment to innovation and technology, has enable...

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FAQ

FAQs

The top Financial Services companies in South Dakota are MetaBank, Pathward and CAPITAL Services. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 78 of Financial Services companies in the US according to the latest CIENCE data.

The median revenue for Financial Services companies in the US is 5000000.

Yes, the Financial Services industry in South Dakota is known for Financial Services as there are 78 companies in South Dakota.

The average revenue for Financial Services companies in South Dakota is 65756410.

You can find job opportunities in the Financial Services in South Dakota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Financial Services industry main page is found here.

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