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First State Bank Minnesota
✓ FDIC-insured · Active FDIC Certificate #10162
First State Bank Minnesota is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Le Roy, Minnesota, established in 1893. As of the 06/30/2026 FDIC call report, it reported $106M in total assets and $92M in deposits. FDIC location data lists 2 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company FIRST LEROY BCORP INC (Le Roy, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 2 of First State Bank Minnesota's FDIC-listed offices are in Minnesota. Browse banks in Le Roy for other local options.
Branch locations
| First State Bank Minnesota Spring Valley Branch · Full Service - Brick And Mortar | 1030 N Broadway St Spring Valley, MN 55975 Map ↗ |
| First State Bank Minnesota First State Bank Minnesota · Full Service - Brick And Mortar | 102 W Main St Le Roy, MN 55951 Map ↗ |
Holding company: FIRST LEROY BCORP INC
The FDIC lists FIRST LEROY BCORP INC, based in Le Roy, MN, as the top holding company for First State Bank Minnesota. 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 Minnesota's $106M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Northwestern Bank, National Association | Dilworth | $165M | 6 |
| First Security Bank | Byron | $162M | 1 |
| First Southeast Bank | Harmony | $158M | 3 |
| Perennial Bank | Darwin | $158M | 4 |
| Prime Security Bank | Karlstad | $154M | 3 |
| State Bank of Fairmont | Fairmont | $154M | 1 |
| Lake Region Bank | New London | $153M | 3 |
| Security State Bank of Hibbing | Hibbing | $152M | 1 |
First State Bank Minnesota: common questions
Is First State Bank Minnesota FDIC-insured?
Yes. First State Bank Minnesota is an active FDIC-insured institution, FDIC Certificate #10162. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is First State Bank Minnesota headquartered?
First State Bank Minnesota is headquartered at 102 W Main St, Le Roy, MN 55951, according to FDIC records.
How many branches does First State Bank Minnesota have?
FDIC location data lists 2 offices for First State Bank Minnesota, all in Minnesota.
Who owns First State Bank Minnesota?
The FDIC lists FIRST LEROY BCORP INC of Le Roy, MN as the top holding company for First State Bank Minnesota.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.