Featured Savings Rates
Featured Accounts

Grand Rapids State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.25%5-year CD60 Month CD
0.25%1-year CD12 Month CD
0.10%SavingsRegular Savings

Overview / Commentary
877-326-4772
523 Nw 1st Avenue
Grand Rapids, MN 55744

Grand Rapids State Bank is headquartered in Grand Rapids and is the 73rd largest bank in the state of Minnesota. It is also the 2,783rd largest bank in the nation. It was established in 1914 and as of September of 2016, it had grown to 47 employees at 2 locations. Grand Rapids State Bank has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #10962
Year Established1914
Employees47
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.1%
Return on Equity - YTD10.86%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$221.2MM$225.6MM
LoansQ3 2016vs Q3 2015$139.8MM$135.2MM
DepositsQ3 2016vs Q3 2015$192.7MM$197.6MM
Equity CapitalQ3 2016vs Q3 2015$23.0MM$23.9MM
Loan Loss AllowanceQ3 2016vs Q3 2015$1.1MM$1.2MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$786.00K$552.00K
Real Estate OwnedQ3 2016vs Q3 2015$390.00K$498.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Grand Rapids State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Grand Rapids State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-Education Savings
0.35%*$800k*- Business Funds Management Savings
OTHER TIERS: 0.20% $25k - $250k | 0.25% $250k - $500k | 0.30% $500k - $800k
0.10%$100-Regular Savings
0.08%--Christmas Club Savings

Grand Rapids State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$800k*- Money Market Plus Savings
OTHER TIERS: 0.15% $5k - $25k | 0.20% $25k - $100k | 0.25% $100k - $500k | 0.30% $500k - $800k
0.15%$2,500-Money Market Savings

Grand Rapids State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*- Business Interest Checking
OTHER TIERS: 0.10% $2,500 - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k
0.10%*$10k*-Interest Checking
OTHER TIERS: 0.05% $500 - $10k
0.10%*$10k*-Grand Checking
OTHER TIERS: 0.05% Up to $10k

Grand Rapids State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$1k-64 Month CD
1.25%$1k-60 Month CD
1.00%$1k-48 Month CD
0.75%$1k-36 Month CD
0.55%$1k-30 Month CD
0.40%$1k-24 Month CD
0.30%$1k-18 Month CD
0.25%$1k-12 Month CD
0.05%$1k-6 Month CD
0.03%$1k-3 Month CD
Locations


Grand Rapids State Bank Locations
Pokegama Branch1 Golf Course RoadGrand Rapids, MN 55744
Grand Rapids State Bank523 NW 1st AvenueGrand Rapids, MN 55744