Great Plains Bank Marks A Milestone
Very few businesses can tout a century of success, but for Great Plains Bank, 2020 marks 100 years being one of the only locally owned banks in the Aberdeen Area and in South Dakota. Back in 1920, Dr. Otto H. Gerdes helped charter Guaranty State Bank in Eureka, but things quickly turned bad in its first decade of operation. After saving the bank, Dr. Gerdes became the first president of Great Plains Bank. His family members joined him in working towards creating a local bank many could depend on. Fast forward to 2020, and the bank still believes in being a dependable resource for everyone’s banking needs. Plans for a celebration are on hold for the time being. // – Karlie Spiry
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