Sioux Falls School Board AgendaPacket 2026-05-11
First Premier Bank Selected for District Banking Services
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Description
After evaluating banking services proposals, the Sioux Falls School District selected First Premier Bank for a three-year contract with options to extend, featuring no monthly fees and interest at the 91-day T-Bill rate plus 20 basis points. Contract 26-040 will be executed by district officials.
Contract Details
Vendor
FIRST PREMIER BANK
Agency
Sioux Falls School District 49-5, SD
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Three years, with options to extend
Renewal Info
Initial three-year banking services contract with options to extend beyond the base term; extensions will be at the district’s discretion.
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