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Quoin Financial Bank
✓ FDIC-insured · Active FDIC Certificate #15629
Quoin Financial Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Miller, South Dakota, established in 1938. As of the 06/30/2026 FDIC call report, it reported $251M in total assets and $217M in deposits. FDIC location data lists 3 offices in South Dakota. The FDIC classifies it as a community bank. It is owned by the holding company INDEPENDENT BANCSHARES INC (Shorewood, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Quoin Financial Bank's FDIC-listed offices are in South Dakota. Browse banks in Miller for other local options.
Branch locations
| Quoin Financial Bank Highmore Branch · Full Service - Brick And Mortar | 209 Commercial Ave Se Highmore, SD 57345 Map ↗ |
| Quoin Financial Bank Sioux Falls Branch · Full Service - Brick And Mortar | 5700 S Remington Pl Sioux Falls, SD 57108 Map ↗ |
| Quoin Financial Bank Quoin Financial Bank · Full Service - Brick And Mortar | 201 N Broadway Ave Miller, SD 57362 Map ↗ |
Holding company: INDEPENDENT BANCSHARES INC
The FDIC lists INDEPENDENT BANCSHARES INC, based in Shorewood, MN, as the top holding company for Quoin Financial Bank. It also owns one other FDIC-insured bank:
- FM Bank, Waseca, MN ($738M in assets)
FDIC deposit insurance applies separately to each insured bank charter, even when they share a holding company. Confirm the charter before you spread deposits.
Similar-size banks in South Dakota
Active FDIC-insured banks headquartered in South Dakota with total assets closest to Quoin Financial Bank's $251M. See all banks in South Dakota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Security Bank Midwest | Tyndall | $304M | 6 |
| One American Bank | Centerville | $285M | 3 |
| Commercial State Bank, of Wagner | Wagner | $260M | 1 |
| Farmers State Bank | Parkston | $255M | 3 |
| Security National Bank of South Dakota | Dakota Dunes | $251M | 3 |
| Campbell County Bank, Inc. | Herreid | $241M | 4 |
| Merchants State Bank | Freeman | $220M | 4 |
| Farmers and Merchants State Bank | Plankinton | $180M | 2 |
Quoin Financial Bank: common questions
Is Quoin Financial Bank FDIC-insured?
Yes. Quoin Financial Bank is an active FDIC-insured institution, FDIC Certificate #15629. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Quoin Financial Bank headquartered?
Quoin Financial Bank is headquartered at 201 N Broadway Ave, Miller, SD 57362, according to FDIC records.
How many branches does Quoin Financial Bank have?
FDIC location data lists 3 offices for Quoin Financial Bank, all in South Dakota.
Who owns Quoin Financial Bank?
The FDIC lists INDEPENDENT BANCSHARES INC of Shorewood, MN as the top holding company for Quoin Financial Bank. The same holding company owns 1 other FDIC-insured bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.