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Northern State Bank of Virginia

✓ FDIC-insured · Active FDIC Certificate #19589

Northern State Bank of Virginia is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Virginia, Minnesota, established in 1966. As of the 06/30/2026 FDIC call report, it reported $102M in total assets and $91M 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 BENIC HOLDINGS INC (Coon Rapids, MN).

Total assets
$102M
Total deposits
$91M
Offices
2
Return on assets
1.15%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 2 of Northern State Bank of Virginia's FDIC-listed offices are in Minnesota. Browse banks in Virginia for other local options.

Branch locations

Northern State Bank of Virginia
Northern State Bank Of Virginia · Full Service - Brick And Mortar
600 Chestnut St
Virginia, MN 55792
Map ↗
Northern State Bank of Virginia
Northern State Bank Of Virginia Chestnut Branch · Full Service - Brick And Mortar
521 Chestnut St
Virginia, MN 55792
Map ↗

Holding company: BENIC HOLDINGS INC

The FDIC lists BENIC HOLDINGS INC, based in Coon Rapids, MN, as the top holding company for Northern State Bank of Virginia. 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 Northern State Bank of Virginia's $102M. See all banks in Minnesota.

BankHQ cityAssetsOffices
First Southeast BankHarmony$158M3
Perennial BankDarwin$158M4
Prime Security BankKarlstad$154M3
State Bank of FairmontFairmont$154M1
Lake Region BankNew London$153M3
Security State Bank of HibbingHibbing$152M1
The First State Bank of RosemountRosemount$146M2
Security Bank MinnesotaAlbert Lea$145M3

Northern State Bank of Virginia: common questions

Is Northern State Bank of Virginia FDIC-insured?

Yes. Northern State Bank of Virginia is an active FDIC-insured institution, FDIC Certificate #19589. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Northern State Bank of Virginia headquartered?

Northern State Bank of Virginia is headquartered at 600 Chestnut St, Virginia, MN 55792, according to FDIC records.

How many branches does Northern State Bank of Virginia have?

FDIC location data lists 2 offices for Northern State Bank of Virginia, all in Minnesota.

Who owns Northern State Bank of Virginia?

The FDIC lists BENIC HOLDINGS INC of Coon Rapids, MN as the top holding company for Northern State Bank of Virginia.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.