[1] http://cobralab.ca/atlases/
[2] https://www.ncbi.nlm.nih.gov/pubmed/24784800
code here: http://cobralab.ca/software/MAGeTbrain/
However, the state of the art for image segmentation is dominated by a class of methods called multi-atlas segmentation, which I am using for a large longitudinal study I am currently writing up.
http://www.sciencedirect.com/science/article/pii/S1361841515... for a review.
For hippocampal segmentation, many regions contain intersections between three tissue types (white matter, gray matter, and CSF). This complicates tissue classification of images with large voxels, because a voxel will be an average of multiple tissue types. FreeSurfer version 6 has options to use the native resolution of your structural images, so this might improve things some. I have yet to try it out. However, it will still use a single probability atlas, which tends to have lower performance than the multi-atlas methods.
I should emphasize that FreeSurfer is great for what it does great: Surface reconstruction.
It is simple to see why with a straightforward description of Multiatlas methods. Generally two steps are performed: Warping and Voing.
Step 1. Warp. An atlas brain is spatially warped to match the subject's brain using affine, non-linear and diffeomorphic normalization tools (ANTs being one of the strongest contending registration spatial normalization programs). This warp maps the atlas's ROI onto the subject's brain, producing a candidate segmentation. This is done for each atlas, producing N candidate segmentations.
Step 2. Vote. In its simplest form, candidate segmentations vote at each voxel for an ROI label, majority wins.
This produces the finished segmentation.
Advances in image registration and voting methods over the last decade have really made this the preferred method for accurate image registration. Unfortunately, sometimes good multi atlases are lacking. Historically, most published atlases are single atlases with an average or probability estimate at each voxel. There are some mutliatlases available for specific structures (e.g. hippocampus, see MAGeT comments above). I believe there are some multi ROI multi atlases now available. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4691373/
https://www.researchgate.net/publication/273940329_Assessing...
https://www.researchgate.net/publication/260915135_Volume_of...
https://www.researchgate.net/publication/274252280_Developme...
[edit] I had meant to point a link to my chapter on hippocampal development. https://www.researchgate.net/publication/314194708_Hippocamp...