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Freeport State Bank
✓ FDIC-insured · Active FDIC Certificate #8210
Freeport State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Freeport, Minnesota, established in 1908. As of the 06/30/2026 FDIC call report, it reported $165M in total assets and $148M in deposits. FDIC location data lists 3 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company FREEPORT BANCSHARES INC (Freeport, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Freeport State Bank's FDIC-listed offices are in Minnesota. Browse banks in Freeport for other local options.
Branch locations
| Freeport State Bank Melrose Branch · Full Service - Brick And Mortar | 219 E Main St Melrose, MN 56352 Map ↗ |
| Freeport State Bank Freeport State Bank · Full Service - Brick And Mortar | 111 Main St E Freeport, MN 56331 Map ↗ |
| Freeport State Bank Greenwald Branch · Full Service - Brick And Mortar | 450 1st Avenue North Greenwald, MN 56335 Map ↗ |
Holding company: FREEPORT BANCSHARES INC
The FDIC lists FREEPORT BANCSHARES INC, based in Freeport, MN, as the top holding company for Freeport State Bank. 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 Freeport State Bank's $165M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Security Bank USA | Bemidji | $264M | 2 |
| Grand Rapids State Bank | Grand Rapids | $261M | 2 |
| VisionBank | Saint Louis Park | $254M | 1 |
| Union Bank and Trust Company | Minneapolis | $253M | 1 |
| Drake Bank | Saint Paul | $247M | 1 |
| Cornerstone State Bank | Montgomery | $247M | 7 |
| First Farmers & Merchants National Bank | Luverne | $243M | 2 |
| Center National Bank | Litchfield | $243M | 3 |
Freeport State Bank: common questions
Is Freeport State Bank FDIC-insured?
Yes. Freeport State Bank is an active FDIC-insured institution, FDIC Certificate #8210. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Freeport State Bank headquartered?
Freeport State Bank is headquartered at 111 Main St E, Freeport, MN 56331, according to FDIC records.
How many branches does Freeport State Bank have?
FDIC location data lists 3 offices for Freeport State Bank, all in Minnesota.
Who owns Freeport State Bank?
The FDIC lists FREEPORT BANCSHARES INC of Freeport, MN as the top holding company for Freeport State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.