Bank Index

Grand Rapids State Bank

Bank · Grand Rapids, United States · overall 5.3 / 10

Open in Bank Index

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Grand Rapids State Bank is recorded in the global register as a bank in Grand Rapids, United States. The register shows its licence as licensed. Total assets 0.26 bn USD at 2026-06-30. It reports 2 offices. Established 1914. Collected from open registers.

On its own website: “Grand Rapids State Bank is dedicated to serving the people and businesses of Grand Rapids, MN with thoughtful financial solutions. Learn more about us.”

Legal name
Grand Rapids State Bank
Licence confirmed
yes, on a regulator's own list
Established
1914
Website
grsb.bank

Scores, 0 to 10

6.5Financial strength & stability
· source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.