Dacotah Bank Seeks Approval for New Branch in Spearfish, South Dakota

Dacotah Bank has announced plans to establish a new branch in Spearfish, South Dakota. The bank intends to apply to the Federal Reserve Board for permission to open a location at 526 N. Main Street. This decision is subject to review by the Federal Reserve, which considers factors such as the applicant's record of meeting local credit needs.

The public has been invited to submit comments on this application in writing or electronically until September 26, 2026. The Board's procedures for processing applications can be found at 12 C.F.R. Part 262, and those seeking more information should contact Mark Nagle at (612) 751-1563.