July 1, 2009

First Bank & Trust, N.A. Converts to State Bank

Sioux Falls, South Dakota – First Bank & Trust, N.A. has received approval from the Director of the South Dakota Division of Banking to convert to a state chartered bank. As a result of the conversion, the legal name of the bank will be First Bank & Trust.

Advantages of a State Charter

FDIC Insurance Explanation

Bank Application Forms

Trust Application Forms

Year End Forms (Banks & Trusts)

Laws

Liquidity Guidance

Comparative Abstract

State Banks Licensed to do Business In South Dakota

Trust Companies Licensed to do Business in South Dakota