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Premier Banks Overview

First Premier Bank, headquartered in Sioux Falls, South Dakota, is the 13th largest issuer of MasterCard brand credit cards in the United States. The bank is known for specializing in a wide range of subprime credit cards that are marketed to individuals with low credit scores.
The staff at Premier Banks come from unusually diverse demographic backgrounds. The company is 65.2% female and 33.1% ethnic minorities. Despite its diversity in other areas, Premier Banks employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 70.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Premier Banks has great employee retention with staff members usually staying with the company for 3.1 years.
Based in South Dakota, Premier Banks is a key player in the finance industry with 2,300 employees and an annual revenue of $87.7M.







Founded in



Sioux Falls, SD


Organization Type


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The Team At Premier Banks

Key People
  • Gus Trahan (Executive Officer)
  • Linda Palmer (Executive Officer)
  • David Wilder (Director)
  • Tom Haney (Director)
  • Osman Duale (CEO)
  • A. Langford (Director)
  • Charles Mitchell (Director)
  • Winston Howell (Director)
  • Cynthia Phipps (Director)
  • Sandy Johnson (Manager)
  • Sr. William Mattice (Director)
  • Jr. Joseph Camps (Director)
  • G. Brown (Executive Officer, Director)
  • Mark O'Bryant (Director)
  • Jibril Mohamed (Chairman of the Board of directors)

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Premier Banks Rankings

Premier Banks is ranked #69 on the Best Companies to Work For in South Dakota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Premier Banks Careers

On average, employees at Premier Banks stay with the company for 3.1 years. Employees most commonly join Premier Banks after leaving U.S. Bank. When they leave Premier Banks, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Premier Banks
3.1 years
Highland Bank
3.0 years

Top Employers Before Premier Banks

U.S. Bank
12.6 %
9.4 %

Top Employers After Premier Banks

Premier Banks Employee Demographics

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Premier Banks Employees Education

Of the 2,300 employees at Premier Banks, 9.3% attended Florida State University. Employees at Premier Banks most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Premier Banks Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


$10M - $100M

Founded in


Organization type


Premier Banks Financing Rounds

DateAmountSecurity Type
Jun 2, 2010Equity
Jun 2, 2010

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Premier Banks Competitors

Average Salary
Farm Credit Services of America
Salary Range42k - 88k$61k$61,373


Salary Range41k - 89k$61k$60,983

Fidelity Federal Bancorp

Salary Range42k - 82k$60k$59,521

BancTrust Financial Group

Salary Range42k - 82k$59k$59,334

Boscobel Bancorp

Salary Range43k - 80k$59k$59,003

Two Rivers Bank & Trust

Salary Range42k - 81k$59k$58,729

Shore Financial

Salary Range41k - 83k$59k$58,656

Community Shores Bank

Salary Range39k - 76k$55k$55,473

Alliance Bank

Salary Range33k - 69k$49k$48,661

Frontier Financial

Salary Range33k - 66k$47k$47,348

Frequently Asked Questions about Premier Banks

When was Premier Banks founded?

Premier Banks was founded in 1974.

How many Employees does Premier Banks have?

Premier Banks has 2,300 employees.

How much money does Premier Banks make?

Premier Banks generates $87.7M in revenue.

What industry is Premier Banks in?

Premier Banks is in the finance industry.

What type of company is Premier Banks?

Premier Banks is a private company.

Who are Premier Banks's competitors?

Premier Banks competitors include The Bank of Elk River, United Prairie, Profinium, Highland Bank, Farm Credit Services of America, NBC Mortgage Services, Community Trust Bank, Peoples Bank, Fidelity Federal Bancorp, Alliance Bank, Southwest bank, Two Rivers Bank & Trust, Community Shores Bank, NBC BANK, Boscobel Bancorp, Shore Financial, BancTrust Financial Group, Frontier Financial, American National Bank, First Guaranty Bank.

Who works at Premier Banks?

Gus Trahan (Executive Officer)

Linda Palmer (Executive Officer)

David Wilder (Director)

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Where is Premier Banks's headquarters?

Premier Banks's headquarters is in Sioux Falls, SD.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Premier Banks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Premier Banks. The employee data is based on information from people who have self-reported their past or current employments at Premier Banks. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Premier Banks and its employees or that of Zippia.

Premier Banks may also be known as or be related to PREMIER BANK HOLDING Co, Premier Bank and Premier Banks.