Department Stores National Bank

  • Bank Name:Department Stores National Bank
  • Bank Class:National Bank - FED Member
  • FDIC ID:Certificate #58180 - Inactive
  • FED RSSD ID:#3382547 - Inactive
Headquarters:5800 S Corporate Place, Sioux Falls, South Dakota 57104
Acquired by Citibank
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History Of Department Stores National Bank

Department Stores National Bank was established on October 24, 2005. Initially founded to serve consumers, the bank operated as a financial institution focused on supporting retail customers. Over the years, it underwent several relocations, including a move to 701 East 60th Street North in Sioux Falls, South Dakota, on July 21, 2011, and later to 5800 South Corporate Place, also in Sioux Falls, on September 9, 2019. In November 2008, the bank maintained operations with the assistance of government-backed open bank support. Ultimately, on July 1, 2022, Department Stores National Bank merged and became part of Citibank, National Association, also based in Sioux Falls, South Dakota.

Below is a list of some important events in banks history, including mergers and acquisitions.

2005-10-24Institution established. Original name: Department Stores National Bank.

2008-11-23Maintained operations with government open bank assistance.

2011-07-21Main Office moved to 701 E 60th St N, Sioux Falls, SD 57104.

2019-09-09Main Office moved to 5800 S Corporate Pl, Sioux Falls, SD 57108.

2022-07-01Merged and became part of Citibank, National Association in Sioux Falls, SD.

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