Switch to Plains Commerce Bank
You Make the Switch, We Make it Simple
Whether you want lower fees or more convenient locations, you probably have more than one reason for switching banks. It’s a big decision, but it doesn’t have to be difficult. At Plains Commerce Bank, we make it simple to open an account—and we’ll help you every step of the way.
Step 1: Open and fund your account.
Once you’re ready to switch accounts, transfer your funds in stages. Keep enough money in the old account to avoid a minimum balance fee and cover automatic payments that haven’t yet processed.
Open your new personal account online.
Plains Commerce Bank lets you apply for a free checking or savings account from anywhere with an internet connection—no paperwork or waiting in line.
Step 2: Set up your direct deposits and automatic payments.
Make sure to update information for important deposits like your paycheck. Once you’ve set the date for your new account’s first direct deposit, reschedule future bill payments through your new account. Have your old debit card saved as your preferred method of payment for online purchases? Don’t forget to update this to your new account as well.
Step 3: Close your old account.
Our bankers will help you close your old account and finalize the process. Make sure everything has been transferred from your old account to the new. Consider getting a written statement from your old bank to confirm the account has been closed.
Frequently Asked Questions
What do I need when I open my account?
To open an account or switch to Plains Commerce, you will need:
- Account application (PDF)
- Valid government-issued identification for all owners on an account.
- Examples: driver's license, identification card, passport, military ID, tribal ID
- Social security number
- SSN card need not be presented
- If account is being opened for a minor, social security card or birth certificate is required
- Physical address (No PO Box)
- Any power of attorney papers (if applicable)
What is the minimum balance required to open an account?
- Free Checking Account: no minimum balance required
- Kasasa Cash: no minimum balance required
- Interest Checking Account: $500 minimum average monthly balance required to avoid monthly service fee of $7.50
- Choice Checking Account: $5,000 minimum average monthly balance required to avoid monthly service fee of $15.00
Do I need to come to the bank to open an account? How can I apply?
You can apply for an account by filling out our application and bringing it to your nearest Plains Commerce Bank location.
What type of accounts do you offer?
We offer accounts for all ages and situations.
- Those who are 18 years or younger can open a Youth Savings account with $0 minimum balance and start saving in the same day.
How do customers open a joint account?
- Opening a joint account is quite simple. We just need the required application and documents for each party along with a signature from both applicants.
Learn more about each of our specific accounts, each with its own various options.
What fees do you charge?
Fees will vary depending on the type of account that you open. If you'd like more information, simply contact one of our bankers.
- Free checking account: no account fees or service charges
- Kasasa Cash: no account fees or charges
- Interest Checking Account: no monthly service charges with a minimum balance of $500 in each statement cycle. Monthly service fee of $7.50 if average balance is not met.
- Choice Checking: no monthly service charges if the daily $5,000 combined minimum balance for all deposit accounts is met each statement cycle. Monthly service charge of $15.00 if the combined daily balance is not met
Are there any transfer fees?
Great news! We do not charge any fees to transfer your account to Plains Commerce.
Do you have any other locations in town?
Plains Commerce has multiple locations throughout South Dakota. Check out a map of our locations to find your nearest bank.
Where are your ATMs?
How do I change my automatic payments?
- To update Automated Clearing House (ACH), you would need to sign a new ACH agreement for all and any changes each time you have a change.
- If updating payment information for something like a utility bill, loan payment, cable, etc., this is typically done through that particular merchant so a visit or phone call to that party would be necessary.
Do you have to have a checking account and a savings account, or can I just have one or the other?
You can choose whichever you prefer. While having both checking and savings is an added convenience, it is not a requirement. Some exceptions apply, contact a banker for full details.
Do you charge for checks?
You'll receive a free starter box of checks when you open any type of checking account.
Do you check credit scores?
We do not pull credit when applying for a checking or savings account. We do use a system which will show us if other banks have reported account abuse, write-offs, or other pertinent information.
When is a good time to switch banks?
No matter what barriers are holding you back, if your current account isn't living up to your needs, it's time to switch. And whenever you're ready, we can help!