Bank Index

Grinnell State Bank

Bank · Grinnell, United States · overall 5.7 / 10

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How this 5.7 is built

Average of 6 scored needs: 5.7. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Grinnell State Bank is recorded in the global register as a bank in Grinnell, United States. The register shows its licence as licensed. Total assets 0.50 bn USD at 2026-06-30. It reports 4 offices. Established 1925. Collected from open registers.

On its own website: “Community bank serving Grinnell, Johnston, Marengo, and Polk City, Iowa. Personal and business banking, lending, and wealth management.”

Legal name
Grinnell State Bank
Licence confirmed
yes, on a regulator's own list
Established
1925
LEI
254900826Z45GD791J96
Website
grinnell.bank

Scores, 0 to 10

7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “Free Business Checking: Designed to meet the needs of small businesses with no monthly service charges or hidden fees” · source
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
5.0Best 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.