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First State Bank and Trust
✓ FDIC-insured · Active FDIC Certificate #10159
First State Bank and Trust is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Bayport, Minnesota, established in 1914. As of the 06/30/2026 FDIC call report, it reported $499M in total assets and $455M in deposits. FDIC location data lists 4 offices across 2 states and territories, with the most in Minnesota (3). The FDIC classifies it as a community bank. It is owned by the holding company UNIVERSAL FINL SERVICES INC (Bayport, MN).
Financial data as of the 06/30/2026 FDIC call report.
Branches by state
First State Bank and Trust has offices in 2 states and territories. Counts come from the FDIC's institution location records.
| State | Offices | Share |
|---|---|---|
| Minnesota | 3 | 75.0% |
| Wisconsin | 1 | 25.0% |
Branch locations
| First State Bank and Trust Oak Park Heights Branch · Full Service - Brick And Mortar | 5891 Neal Ave N Oak Park Heights, MN 55082 Map ↗ |
| First State Bank and Trust Boutwell'S Landing - Town Square Branch · Limited Service - Mobile/Seasonal | 5590 Norwich Pkwy Oak Park Heights, MN 55082 Map ↗ |
| First State Bank and Trust First State Bank And Trust · Full Service - Brick And Mortar | 950 Highway 95 N Bayport, MN 55003 Map ↗ |
| First State Bank and Trust Hudson, Wi Branch · Full Service - Brick And Mortar | 680 Annabelle Way Hudson, WI 54016 Map ↗ |
Holding company: UNIVERSAL FINL SERVICES INC
The FDIC lists UNIVERSAL FINL SERVICES INC, based in Bayport, MN, as the top holding company for First State Bank and Trust. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to First State Bank and Trust's $499M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Glenwood State Bank (Incorporated) | Glenwood | $545M | 3 |
| Community Bank Mankato | Vernon Center | $538M | 5 |
| Profinium, Inc. | Truman | $533M | 4 |
| Lake Elmo Bank | Lake Elmo | $530M | 9 |
| EntreBank | Bloomington | $527M | 1 |
| Eagle Rock Bank | Rochester | $508M | 5 |
| First Farmers & Merchants Bank | Cannon Falls | $486M | 7 |
| American National Bank of Minnesota | Baxter | $473M | 10 |
First State Bank and Trust: common questions
Is First State Bank and Trust FDIC-insured?
Yes. First State Bank and Trust is an active FDIC-insured institution, FDIC Certificate #10159. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is First State Bank and Trust headquartered?
First State Bank and Trust is headquartered at 950 Highway 95 N, Bayport, MN 55003, according to FDIC records.
How many branches does First State Bank and Trust have?
FDIC location data lists 4 offices for First State Bank and Trust in 2 states and territories. The most are in Minnesota (3), followed by Wisconsin (1).
Who owns First State Bank and Trust?
The FDIC lists UNIVERSAL FINL SERVICES INC of Bayport, MN as the top holding company for First State Bank and Trust.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.