Banking and Investments

Great Western Bank: Rapid City, SD 57701

(A division of First Interstate Bank)

Black Hills Community Bank: Rapid City, SD 57701

(BID #2 revenue only - exclusively for Event Center Construction)

Cash and Investments December 31, 2021. Great Western Bank Sweep 94 percent. Black Hills Community Bank 4 percent. Great western Bank Checking 2 percent.

The City follows the practice of aggregating the cash assets of various funds to maximize cash management efficiency and returns. Various restrictions on deposits and investments are imposed by statutes.

BOX ELDER CITY HALL

420 Villa Dr
Box Elder, SD 57719

Phone: 605-923-1404

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