Claim: The First Premier Bank claimed a net income of $24.95 million in 2016, six years after Bernie Sanders criticized its extortionary practices.
Evidence: As of December 2010, Premier Bank was reportedly offering a credit card with a 79.9% interest rate and a $300 limit. This was cited by Senator Bernie Sanders as an example of what he called "extortion and loan sharking". US$ 24.95 million (2016)