Home › Michigan › State Savings Bank
State Savings Bank
✓ FDIC-insured · Active FDIC Certificate #8162
State Savings Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Frankfort, Michigan, established in 1901. As of the 06/30/2026 FDIC call report, it reported $431M in total assets and $392M in deposits. FDIC location data lists 9 offices in Michigan. The FDIC classifies it as a community bank. It is owned by the holding company CENTRAL-STATE BCORP INC (Traverse City, MI).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 9 of State Savings Bank's FDIC-listed offices are in Michigan. Browse banks in Frankfort for other local options.
Branch locations
| State Savings Bank Empire Branch · Full Service - Brick And Mortar | 11470 S Leelanau Hwy Empire, MI 49630 Map ↗ |
| State Savings Bank State Savings Bank · Full Service - Brick And Mortar | 703 Main St Frankfort, MI 49635 Map ↗ |
| State Savings Bank Traverse City Banch · Full Service - Brick And Mortar | 414 E Front St Traverse City, MI 49686 Map ↗ |
| State Savings Bank Gaylord Branch · Full Service - Brick And Mortar | 126 E Main St Gaylord, MI 49735 Map ↗ |
| State Savings Bank Traverse City Customer Care Branch · Limited Service - Messenger | 416 E Front St Traverse City, MI 49686 Map ↗ |
| State Savings Bank Suttons Bay Branch · Full Service - Brick And Mortar | 212 N Saint Joseph St Suttons Bay, MI 49682 Map ↗ |
| State Savings Bank Gaylord South Office Branch · Full Service - Brick And Mortar | 2091 S Otsego Ave Gaylord, MI 49735 Map ↗ |
| State Savings Bank Traverse City Garfield Branch · Full Service - Brick And Mortar | 862 S. Garfield Avenue Traverse City, MI 49686 Map ↗ |
| State Savings Bank Beulah Branch · Full Service - Brick And Mortar | 49 N Benzie Blvd Beulah, MI 49617 Map ↗ |
Holding company: CENTRAL-STATE BCORP INC
The FDIC lists CENTRAL-STATE BCORP INC, based in Traverse City, MI, as the top holding company for State Savings Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Michigan
Active FDIC-insured banks headquartered in Michigan with total assets closest to State Savings Bank's $431M. See all banks in Michigan.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Citizens National Bank of Cheboygan | Cheboygan | $471M | 10 |
| Lake-Osceola State Bank | Baldwin | $469M | 13 |
| Honor Bank | Honor | $443M | 9 |
| Chelsea State Bank | Chelsea | $417M | 4 |
| First Community Bank | Harbor Springs | $414M | 10 |
| The Shelby State Bank | Shelby | $397M | 9 |
| Union Bank | Grand Rapids | $397M | 9 |
| First National Bank & Trust Co. | Iron Mountain | $386M | 7 |
State Savings Bank: common questions
Is State Savings Bank FDIC-insured?
Yes. State Savings Bank is an active FDIC-insured institution, FDIC Certificate #8162. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is State Savings Bank headquartered?
State Savings Bank is headquartered at 703 Main St, Frankfort, MI 49635, according to FDIC records.
How many branches does State Savings Bank have?
FDIC location data lists 9 offices for State Savings Bank, all in Michigan.
Who owns State Savings Bank?
The FDIC lists CENTRAL-STATE BCORP INC of Traverse City, MI as the top holding company for State Savings Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.