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Grand Rapids State Bank
✓ FDIC-insured · Active FDIC Certificate #10962
Grand Rapids State Bank is an FDIC-insured state-chartered bank that is a member of the Federal Reserve System, headquartered in Grand Rapids, Minnesota, established in 1914. As of the 06/30/2026 FDIC call report, it reported $261M in total assets and $234M in deposits. FDIC location data lists 2 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company WILCOX BANCSHARES INC (Grand Rapids, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 2 of Grand Rapids State Bank's FDIC-listed offices are in Minnesota. Browse banks in Grand Rapids for other local options.
Branch locations
| Grand Rapids State Bank Pokegama Branch · Full Service - Brick And Mortar | 1 Golf Course Rd Grand Rapids, MN 55744 Map ↗ |
| Grand Rapids State Bank Grand Rapids State Bank · Full Service - Brick And Mortar | 523 Nw 1st Ave Grand Rapids, MN 55744 Map ↗ |
Holding company: WILCOX BANCSHARES INC
The FDIC lists WILCOX BANCSHARES INC, based in Grand Rapids, MN, as the top holding company for Grand Rapids State Bank. It also owns one other FDIC-insured bank:
- MINNESOTA LAKES BANK, Delano, MN ($130M in assets)
FDIC deposit insurance applies separately to each insured bank charter, even when they share a holding company. Confirm the charter before you spread deposits.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to Grand Rapids State Bank's $261M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| The Citizens National Bank of Park Rapids | Park Rapids | $397M | 1 |
| Pine Country Bank | Little Falls | $380M | 4 |
| North Star Bank | Roseville | $379M | 2 |
| First Bank Elk River | Elk River | $369M | 4 |
| ProGrowth Bank | Nicollet | $365M | 4 |
| Heritage Bank National Association | Spicer | $361M | 4 |
| United Community Bank | Perham | $359M | 3 |
| Harvest Bank | Kimball | $355M | 6 |
Grand Rapids State Bank: common questions
Is Grand Rapids State Bank FDIC-insured?
Yes. Grand Rapids State Bank is an active FDIC-insured institution, FDIC Certificate #10962. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Grand Rapids State Bank headquartered?
Grand Rapids State Bank is headquartered at 523 Nw 1st Ave, Grand Rapids, MN 55744, according to FDIC records.
How many branches does Grand Rapids State Bank have?
FDIC location data lists 2 offices for Grand Rapids State Bank, all in Minnesota.
Who owns Grand Rapids State Bank?
The FDIC lists WILCOX BANCSHARES INC of Grand Rapids, MN as the top holding company for Grand Rapids State Bank. The same holding company owns 1 other FDIC-insured bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.