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BankStar Financial
✓ FDIC-insured · Active FDIC Certificate #496
BankStar Financial is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Elkton, South Dakota, established in 1926. As of the 06/30/2026 FDIC call report, it reported $363M in total assets and $302M in deposits. FDIC location data lists 3 offices in South Dakota. The FDIC classifies it as a community bank. It is owned by the holding company ELKTON HOLDING CO (Elkton, SD).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of BankStar Financial's FDIC-listed offices are in South Dakota. Browse banks in Elkton for other local options.
Branch locations
| BankStar Financial Bankstar Financial · Full Service - Brick And Mortar | 124 Elk St Elkton, SD 57026 Map ↗ |
| BankStar Financial Brookings Branch · Full Service - Brick And Mortar | 1301 6th St Brookings, SD 57006 Map ↗ |
| BankStar Financial Bankstar Financial - Volga Branch · Full Service - Brick And Mortar | 424 East Hwy 14 Volga, SD 57071 Map ↗ |
Holding company: ELKTON HOLDING CO
The FDIC lists ELKTON HOLDING CO, based in Elkton, SD, as the top holding company for BankStar Financial. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in South Dakota
Active FDIC-insured banks headquartered in South Dakota with total assets closest to BankStar Financial's $363M. See all banks in South Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Black Hills Community Bank, N.A. | Rapid City | $490M | 2 |
| First National Bank | Oldham | $478M | 14 |
| First National Bank in Philip | Philip | $458M | 2 |
| Rivers Edge Bank | Marion | $357M | 5 |
| Frontier Bank | Sioux Falls | $349M | 5 |
| Security Bank Midwest | Tyndall | $304M | 6 |
| One American Bank | Centerville | $285M | 3 |
| Commercial State Bank, of Wagner | Wagner | $260M | 1 |
BankStar Financial: common questions
Is BankStar Financial FDIC-insured?
Yes. BankStar Financial is an active FDIC-insured institution, FDIC Certificate #496. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is BankStar Financial headquartered?
BankStar Financial is headquartered at 124 Elk St, Elkton, SD 57026, according to FDIC records.
How many branches does BankStar Financial have?
FDIC location data lists 3 offices for BankStar Financial, all in South Dakota.
Who owns BankStar Financial?
The FDIC lists ELKTON HOLDING CO of Elkton, SD as the top holding company for BankStar Financial.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.