Grand Rapids State Bank is a bank based in Grand Rapids, Minnesota, established in 1914, with $257 million in total assets across 2 branches. By Trust Grade it ranks 122nd of 224 banks we track in Minnesota. Its capital ratio of 8.9% trails most similarly sized banks (28th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.82% return on assets. No consumer complaints against Grand Rapids State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Grand Rapids State Bank compares to Minnesota peers
How we graded Grand Rapids State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.9% capital ratio)
- Strongly profitable (ROA 1.82%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Grand Rapids State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 1 Golf Course Rd, Grand Rapids, MN 55744
- 523 Nw 1st Ave, Grand Rapids, MN 55744
Are deposits at Grand Rapids State Bank insured?
Yes. Grand Rapids State Bank is an FDIC-insured bank (FDIC certificate #10962). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Grand Rapids State Bank: frequently asked questions
Is Grand Rapids State Bank a good bank?
Grand Rapids State Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Strongly profitable (ROA 1.82%).
Is Grand Rapids State Bank FDIC-insured?
Yes. Grand Rapids State Bank is a FDIC-insured bank (FDIC certificate #10962). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Grand Rapids State Bank?
Grand Rapids State Bank holds $257 million in total assets, ranking 122nd of 224 banks we track in Minnesota. It operates 2 branches.
Does Grand Rapids State Bank have CFPB complaints?
No CFPB complaints against Grand Rapids State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
