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New Market Bank
✓ FDIC-insured · Active FDIC Certificate #1931
New Market Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Elko New Market, Minnesota, established in 1905. As of the 06/30/2026 FDIC call report, it reported $196M in total assets and $178M 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 MARKET BCORP INC (Elko New Market, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of New Market Bank's FDIC-listed offices are in Minnesota. Browse banks in Elko New Market for other local options.
Branch locations
| New Market Bank New Market Bank · Full Service - Brick And Mortar | 101 Old Town Rd Elko New Market, MN 55054 Map ↗ |
| New Market Bank Lake Marion Branch · Full Service - Brick And Mortar | 20151 Icenic Trl Lakeville, MN 55044 Map ↗ |
| New Market Bank Prior Lake Branch · Full Service - Brick And Mortar | 4719 Park Nicollet Ave Se Prior Lake, MN 55372 Map ↗ |
Holding company: MARKET BCORP INC
The FDIC lists MARKET BCORP INC, based in Elko New Market, MN, as the top holding company for New Market 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 New Market Bank's $196M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| First Bank Blue Earth | Blue Earth | $323M | 1 |
| Gateway Bank | Mendota Heights | $320M | 2 |
| Citizens Independent Bank | Saint Louis Park | $314M | 4 |
| Neighborhood National Bank | Mora | $312M | 6 |
| PrinsBank | Prinsburg | $308M | 4 |
| Minnesota National Bank | Sauk Centre | $298M | 3 |
| Castle Rock Bank | Castle Rock | $294M | 3 |
| The First National Bank of Milaca | Milaca | $293M | 4 |
New Market Bank: common questions
Is New Market Bank FDIC-insured?
Yes. New Market Bank is an active FDIC-insured institution, FDIC Certificate #1931. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is New Market Bank headquartered?
New Market Bank is headquartered at 101 Old Town Rd, Elko New Market, MN 55054, according to FDIC records.
How many branches does New Market Bank have?
FDIC location data lists 3 offices for New Market Bank, all in Minnesota.
Who owns New Market Bank?
The FDIC lists MARKET BCORP INC of Elko New Market, MN as the top holding company for New Market Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.