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Ipswich State Bank
✓ FDIC-insured · Active FDIC Certificate #15593
Ipswich State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Ipswich, South Dakota, established in 1938. As of the 06/30/2026 FDIC call report, it reported $74M in total assets and $62M in deposits. FDIC location data lists 1 office in South Dakota. The FDIC classifies it as a community bank. It is owned by the holding company IPSWICH CMTY BANCSHARES INC (Ipswich, SD).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
Ipswich State Bank's only FDIC-listed office is in South Dakota. Browse banks in Ipswich for other local options.
Branch locations
| Ipswich State Bank Ipswich State Bank · Full Service - Brick And Mortar | 301 First Avenue Ipswich, SD 57451 Map ↗ |
Holding company: IPSWICH CMTY BANCSHARES INC
The FDIC lists IPSWICH CMTY BANCSHARES INC, based in Ipswich, SD, as the top holding company for Ipswich State Bank. 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 Ipswich State Bank's $74M. See all banks in South Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Security State Bank | Alexandria | $103M | 3 |
| Western Dakota Bank | Timber Lake | $86M | 2 |
| Farmers State Bank of Canton | Canton | $82M | 1 |
| State Bank of Eagle Butte | Eagle Butte | $80M | 1 |
| Community Bank | Avon | $69M | 1 |
| The Security State Bank | Emery | $65M | 2 |
| First Western Federal Savings Bank | Rapid City | $64M | 1 |
| Sunrise Bank Dakota | Onida | $58M | 1 |
Ipswich State Bank: common questions
Is Ipswich State Bank FDIC-insured?
Yes. Ipswich State Bank is an active FDIC-insured institution, FDIC Certificate #15593. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Ipswich State Bank headquartered?
Ipswich State Bank is headquartered at 301 First Avenue, Ipswich, SD 57451, according to FDIC records.
How many branches does Ipswich State Bank have?
FDIC location data lists 1 office for Ipswich State Bank, all in South Dakota.
Who owns Ipswich State Bank?
The FDIC lists IPSWICH CMTY BANCSHARES INC of Ipswich, SD as the top holding company for Ipswich State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.