Great Western Bank (1907–2022)
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Great Western Bank (1907–2022)
Great Western Bank, whose holding company was Great Western Bancorp, Inc. (), was a regional bank based in Sioux Falls, South Dakota, United States. There were over 170 locations in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. In September of 2021 they announced a merger with First Interstate BancSystem and completed it in February of the following year. Great Western Bank had assets of $12.39 billion at the time of its merger. History Great Western Bank's charter began in 1935 with the establishment of the Farmers and Merchants Bank in Watertown, South Dakota. The bank's name was changed to Great Western Bank in 2003. It was acquired by National Australia Bank in 2008. In October 2014, NAB began to release its holding through an initial public offering. NAB sold its final listing in July 2015. In 2010, Great Western took over the failed Lincoln, Nebraska-based TierOne Bank. In November 2015, Great Western annou ...
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First Interstate BancSystem
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout Arizona, Colorado, Idaho, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, Washington, and Wyoming. History First Interstate Bank was established in 1968 when its founder, Homer Scott, Sr. purchased the Bank of Commerce in Sheridan, Wyoming. Scott incorporated the company in Montana in 1971 and over the next 10 years acquired two more banks and established six de novo banks in Montana and Wyoming. In 1984, the company entered into a franchise agreement with First Interstate Bancorp, a multi-state bank holding company headquartered in Los Angeles, California, to use the First Interstate Bank name and logo. In 1996, Wells Fargo acquired First Interstate Bancorp, but not First Interstate Bank. Instead, the Montana organization successfully negoti ...
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South Dakota
South Dakota (; Sioux language, Sioux: , ) is a U.S. state in the West North Central states, North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Lakota people, Lakota and Dakota people, Dakota Sioux Native Americans in the United States, Native American tribes, who comprise a large portion of the population with nine Indian reservation, reservations currently in the state and have historically dominated the territory. South Dakota is the List of U.S. states and territories by area, seventeenth largest by area, but the List of U.S. states and territories by population, 5th least populous, and the List of U.S. states and territories by population density, 5th least densely populated of the List of U.S. states, 50 United States. As the southern part of the former Dakota Territory, South Dakota became a state on November 2, 1889, simultaneously with North Dakota. They are the 39th and 40th states admitted to the union; Pr ...
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Banks Based In South Dakota
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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Argus Leader
The ''Argus Leader'' is the daily newspaper of Sioux Falls, South Dakota. Owned by Gannett, it was the state's largest newspaper by total circulation until 2021 when it was surpassed by the ''Rapid City Journal'', according to statistics from the South Dakota Newspaper Association. Description The ''Argus Leader'' is South Dakota's second-largest newspaper in total circulation, as of 2021. The weekday circulation for the newspaper was 23,721 as of October, 2017. The Sunday edition has a circulation of 32,981 as of October, 2017. The associated website, ArgusLeader.com boasts most traffic and unique visitors in its market, according to Comscore.com's data. Along with the daily newspaper the ''Argus Leader'' owns smaller local papers in the region. * ''Brandon Valley Challenger'' * ''Dell Rapids Tribune'' The newspaper also publishes an economic weekly, the ''Sioux Falls Business Journal'', and a handful of magazines. In 2011, the newspaper sought information about the federal ...
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Sioux Falls
Sioux Falls () is the most populous city in the U.S. state of South Dakota and the 130th-most populous city in the United States. It is the county seat of Minnehaha County and also extends into Lincoln County to the south, which continues up to the Iowa state line. As of 2020, Sioux Falls had a population of 192,517, which was estimated in 2022 to have increased to 202,600. The Sioux Falls metro area accounts for more than 30% of the state's population. Chartered in 1856 on the banks of the Big Sioux River, the city is situated in the rolling hills at the junction of interstates 29 and 90. History The history of Sioux Falls revolves around the cascades of the Big Sioux River. The falls were created about 14,000 years ago during the last ice age. The lure of the falls has been a powerful influence. Ho-Chunk, Ioway, Otoe, Missouri, Omaha (and Ponca at the time), Quapaw, Kansa, Osage, Arikira, Dakota, and Cheyenne people inhabited and settled the region previous to Europeans ...
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Lincoln Journal Star
The ''Lincoln Journal Star'' is an American daily newspaper that serves Lincoln, Nebraska, the state capital and home of the University of Nebraska. It is the most widely read newspaper in Lincoln and has the second-largest circulation in Nebraska (after the ''Omaha World-Herald''). The paper also operates a commercial printing unit. History The ''Lincoln Journal Star'' is the result of a 1995 merger between the city's two historic newspapers. The ''Lincoln Star'', established in 1905, was Lincoln's morning newspaper while the ''Lincoln Journal'' was distributed in the evenings. The ''Journal'' was itself the conglomeration of several previous Lincoln newspapers. ''The Lincoln Journal'' On September 7, 1867, Charles Henry Gere founded the ''Nebraska Commonwealth''. A member of the prominent Gere family, Gere was a New York native and Civil War veteran. As an attorney who had studied law in Baltimore, Gere quickly became an important figure in Nebraska, serving as the priv ...
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Lincoln, Nebraska
Lincoln is the capital city of the U.S. state of Nebraska and the county seat of Lancaster County. The city covers with a population of 292,657 in 2021. It is the second-most populous city in Nebraska and the 73rd-largest in the United States. The city is the economic and cultural anchor of a substantially larger metropolitan area in the southeastern part of the state called the Lincoln Metropolitan and Lincoln- Beatrice Combined Statistical Areas. The statistical area is home to 361,921 people, making it the 104th-largest combined statistical area in the United States. The city was founded in 1856 as the village of Lancaster on the wild salt marshes and arroyos of what was to become Lancaster County. Renamed after President Abraham Lincoln, it became Nebraska's state capital in 1869. The Bertram G. Goodhue–designed state capitol building was completed in 1932, and is the second tallest capitol in the United States. As the city is the seat of government for the state ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-largest bank in the world measured by market capitalisation and 52nd- largest bank in the world as measured by total assets in 2019. , NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers. NAB has an "AA-" long-term issuer rating by Standard & Poor's. History Early history National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limited. The expanded financial base of the merged entity triggered significant offshore expansion over ensuing years. R ...
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Watertown, South Dakota
Watertown is a city in and the county seat of Codington County, South Dakota, United States. Watertown is home to the Redlin Art Center which houses many of the original art works produced by Terry Redlin, one of America's most popular wildlife artists. Watertown is located between Pelican Lake and Lake Kampeska, from which Redlin derived inspiration for his artwork. The population was 22,655 at the 2020 census, making Watertown the 5th largest city in South Dakota. It is also the principal city of the Watertown Micropolitan Statistical Area, which includes all of Codington and Hamlin counties. Watertown also is home to the Bramble Park Zoo. Watertown's residential real estate is considered the most expensive in South Dakota for cities of its size; the median price for a home in Watertown is approximately $200,000. Geography Watertown is located at (44.903433, -97.120437), along the Big Sioux River. According to the United States Census Bureau, the city has a total area of ...
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North Dakota
North Dakota () is a U.S. state in the Upper Midwest, named after the Native Americans in the United States, indigenous Dakota people, Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north and by the U.S. states of Minnesota to the east, South Dakota to the south, and Montana to the west. It is believed to host the geographic center of North America, Rugby, North Dakota, Rugby, and is home to the tallest man-made structure in the Western Hemisphere, the KVLY-TV mast. North Dakota is the List of U.S. states and territories by area, 19th largest state, but with a population of less than 780,000 2020 United States census, as of 2020, it is the List of U.S. states and territories by population, 4th least populous and List of U.S. states by population density, 4th most sparsely populated. The capital is Bismarck, North Dakota, Bismarck while the largest city is Fargo, North Dakota, Fargo, which accounts for nearly a fifth of the s ...
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Sioux Falls, South Dakota
Sioux Falls () is the most populous city in the U.S. state of South Dakota and the 130th-most populous city in the United States. It is the county seat of Minnehaha County and also extends into Lincoln County to the south, which continues up to the Iowa state line. As of 2020, Sioux Falls had a population of 192,517, which was estimated in 2022 to have increased to 202,600. The Sioux Falls metro area accounts for more than 30% of the state's population. Chartered in 1856 on the banks of the Big Sioux River, the city is situated in the rolling hills at the junction of interstates 29 and 90. History The history of Sioux Falls revolves around the cascades of the Big Sioux River. The falls were created about 14,000 years ago during the last ice age. The lure of the falls has been a powerful influence. Ho-Chunk, Ioway, Otoe, Missouri, Omaha (and Ponca at the time), Quapaw, Kansa, Osage, Arikira, Dakota, and Cheyenne people inhabited and settled the region previous to Europea ...
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