Bank 360 has three locations to serve you.  We are willing to help you with all of your banking needs.You can click on the location below to see who will be assisting you at that location.

       Bank 360 has been in business for over 50 years starting from a small Savings and Loan to

       having over $40  million in assets.  Here is a brief history on how the bank grew and evolved

       into Banking...Full Circle.

• April 1954 - Carll Lauxmann, C.O. Peterson, Virgil Carlson, Ludwig Johnson, Ole Stene, Jr. and A. R. Olson formed an association with the goal of starting a Savings and Loan
  
• July 14th, 1955 - First Federal Savings and Loans officially established in Beresford, SD with $163,843 in starting assets
  
• June 30th, 1956 - First Federal assets soar over 330% to $541,000
  
• 1967 - First Federal seeks to expand.  Identifies need to move financial records from manual accounting system to a computer processing system before expansion.
  
• March 1974 - Entire operation converted to computer services
  
• 1975 - First Federal Savings and Loan Association of Beresford opens a branch in Yankton, SD
  
• March 1977 - Beresford office expands
  
• 1978 - First Federal opens another branch in Mitchell, SD
  
• Spring 1980-New facility for Mitchell Branch opens new 2,000 square foot facility to new innovations like drive-up teller and off-street parking
  
• Spring 1981 - New branch opens in Wagner, SD bringing the community its first Savings and Loan
  
• October 1981 - New branch opens in downtown Parkston, SD
  
• December 1981 - New branch opens in Brookings, SD
  
• 1990s - First Federal reorganizes its operation selling four of its branches to strengthen its core offices in Beresford and Yankton
  
• 1998 - Current President Jay A. Frink appointed
  
• February 2001 - First Federal opens branch in Elk Point, SD
  
• March 2001 - First Federal launches its first website
  
• 2001-2002 - Branch opens in Truck Towne Plaza and ATMs added to Yankton, Elk Point, Beresford offices as well as Truck Towne and Fiesta Food to improve convenience
  
• 2005 - First Federal Bank of Beresford has over $40 million in assets
  
• 2008 - First Federal Bank changes name to Bank 360 and remains the only mutual savings bank in South Dakota