Grand Rapids State Bank is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Grand Rapids, Minnesota, established in 06/15/1914. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 2 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Grand Rapids State Bank reported total assets of $249,600 and manages deposits totaling $226,786 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $-2 thousands last year. For more details, visit their website at http://www.grsb.bank.
Bank Information:
- Bank Name: Grand Rapids State Bank
- Address: 523 Nw 1st Ave, Grand Rapids, Itasca, MN, 55744
- Website: http://www.grsb.bank
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 2
- Number of Foreign Offices: 0
- Total Assets: $249,600
- Total Deposits: $226,786
- Domestic Office Deposits: $226,786
Financial Data:
- Net Income (Attributable to Bank): $-2
Establishment and Record:
- Established Date: 06/15/1914
- Last Recorded Data on: 04/12/2024