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Peoples State Bank of Velva
✓ FDIC-insured · Active FDIC Certificate #10250
Peoples State Bank of Velva is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Velva, North Dakota, established in 1915. As of the 06/30/2026 FDIC call report, it reported $210M in total assets and $184M in deposits. FDIC location data lists 2 offices in North Dakota. The FDIC classifies it as a community bank. It is owned by the holding company BEALL BANCSHARES INC (Velva, ND).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 2 of Peoples State Bank of Velva's FDIC-listed offices are in North Dakota. Browse banks in Velva for other local options.
Branch locations
| Peoples State Bank of Velva Peoples State Bank - Minot · Full Service - Brick And Mortar | 37th Street Minot, ND 58701 Map ↗ |
| Peoples State Bank of Velva Peoples State Bank Of Velva · Full Service - Brick And Mortar | 101 Main St N Velva, ND 58790 Map ↗ |
Holding company: BEALL BANCSHARES INC
The FDIC lists BEALL BANCSHARES INC, based in Velva, ND, as the top holding company for Peoples State Bank of Velva. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in North Dakota
Active FDIC-insured banks headquartered in North Dakota with total assets closest to Peoples State Bank of Velva's $210M. See all banks in North Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Security First Bank of North Dakota | New Salem | $293M | 5 |
| Union State Bank of Hazen | Hazen | $257M | 4 |
| Merchants Bank | Rugby | $254M | 6 |
| State Bank & Trust of Kenmare | Kenmare | $201M | 3 |
| Horizon Financial Bank | Munich | $201M | 5 |
| First National Bank and Trust Co. of Bottineau | Bottineau | $176M | 1 |
| The Goose River Bank | Mayville | $173M | 3 |
| Liberty State Bank | Powers Lake | $159M | 1 |
Peoples State Bank of Velva: common questions
Is Peoples State Bank of Velva FDIC-insured?
Yes. Peoples State Bank of Velva is an active FDIC-insured institution, FDIC Certificate #10250. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Peoples State Bank of Velva headquartered?
Peoples State Bank of Velva is headquartered at 101 Main St N, Velva, ND 58790, according to FDIC records.
How many branches does Peoples State Bank of Velva have?
FDIC location data lists 2 offices for Peoples State Bank of Velva, all in North Dakota.
Who owns Peoples State Bank of Velva?
The FDIC lists BEALL BANCSHARES INC of Velva, ND as the top holding company for Peoples State Bank of Velva.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.