Merchants State Bank
Freeman, SD · State member commercial bank
Sonar Score
Watch
out of 100 · from public FDIC data
Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $217.6M
- Total deposits
- $176.5M
- Branches
- 4
- Return on assets
- 1.63%
- Return on equity
- 10.71%
- Charter type
- State member commercial bank
- Established
- 1899
- FDIC cert #
- 1125
How the 63 breaks down
Capital ratio not reported.
Strong returns on its asset base.
Efficient use of shareholder capital.
Community-scale institution.
Your deposits at Merchants State Bank
Merchants State Bank is an FDIC-insured institution (Cert #1125). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
4 branch locations
606 Center Ave
Hurley, SD 57036
201 N Main St
Viborg, SD 57070
209 Main Street
Irene, SD 57037
305 S Main St
Freeman, SD 57029
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