Home › Minnesota › Prime Security Bank
Prime Security Bank
✓ FDIC-insured · Active FDIC Certificate #10971
Prime Security Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Karlstad, Minnesota, established in 1925. As of the 06/30/2026 FDIC call report, it reported $154M in total assets and $131M 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 NORTH STATE BANCSHARES INC (Shakopee, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Prime Security Bank's FDIC-listed offices are in Minnesota. Browse banks in Karlstad for other local options.
Branch locations
| Prime Security Bank Shakopee Branch · Full Service - Brick And Mortar | 1305 Vierling Dr E Shakopee, MN 55379 Map ↗ |
| Prime Security Bank Eagan Branch · Full Service - Brick And Mortar | 1595 Thomas Center Dr Eagan, MN 55122 Map ↗ |
| Prime Security Bank Prime Security Bank · Full Service - Brick And Mortar | 201 Main St N Karlstad, MN 56732 Map ↗ |
Holding company: NORTH STATE BANCSHARES INC
The FDIC lists NORTH STATE BANCSHARES INC, based in Shakopee, MN, as the top holding company for Prime Security 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 Prime Security Bank's $154M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Cornerstone State Bank | Montgomery | $247M | 7 |
| First Farmers & Merchants National Bank | Luverne | $243M | 2 |
| Center National Bank | Litchfield | $243M | 3 |
| Arcadian Bank | Hartland | $242M | 3 |
| BANKWEST | Rockford | $240M | 3 |
| United Farmers State Bank | Adams | $234M | 3 |
| Security State Bank of Marine | Marine On St. Croix | $233M | 4 |
| The Wanda State Bank | Wanda | $230M | 2 |
Prime Security Bank: common questions
Is Prime Security Bank FDIC-insured?
Yes. Prime Security Bank is an active FDIC-insured institution, FDIC Certificate #10971. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Prime Security Bank headquartered?
Prime Security Bank is headquartered at 201 Main St N, Karlstad, MN 56732, according to FDIC records.
How many branches does Prime Security Bank have?
FDIC location data lists 3 offices for Prime Security Bank, all in Minnesota.
Who owns Prime Security Bank?
The FDIC lists NORTH STATE BANCSHARES INC of Shakopee, MN as the top holding company for Prime Security Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.