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Grove Bank

✓ FDIC-insured · Active FDIC Certificate #8857

Grove Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Grove City, Minnesota, established in 1907. As of the 06/30/2026 FDIC call report, it reported $56M in total assets and $45M in deposits. FDIC location data lists 1 office in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company GROVE BCORP INC (Excelsior, MN).

Total assets
$56M
Total deposits
$45M
Offices
1
Return on assets
0.21%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

Grove Bank's only FDIC-listed office is in Minnesota. Browse banks in Grove City for other local options.

Branch locations

Grove Bank
Grove Bank · Full Service - Brick And Mortar
110 Atlantic Ave W
Grove City, MN 56243
Map ↗

Holding company: GROVE BCORP INC

The FDIC lists GROVE BCORP INC, based in Excelsior, MN, as the top holding company for Grove Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Minnesota

Active FDIC-insured banks headquartered in Minnesota with total assets closest to Grove Bank's $56M. See all banks in Minnesota.

BankHQ cityAssetsOffices
Currie State BankCurrie$100M2
Janesville State BankJanesville$99M1
The First National Bank of OsakisOsakis$98M1
The Miners National Bank of EvelethEveleth$97M1
First Farmers & Merchants State BankBrownsdale$96M2
Integrity Bank PlusWabasso$93M2
Triumph State BankTrimont$93M4
First Farmers & Merchants State Bank of Grand MeadowGrand Meadow$93M3

Grove Bank: common questions

Is Grove Bank FDIC-insured?

Yes. Grove Bank is an active FDIC-insured institution, FDIC Certificate #8857. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Grove Bank headquartered?

Grove Bank is headquartered at 110 Atlantic Ave W, Grove City, MN 56243, according to FDIC records.

How many branches does Grove Bank have?

FDIC location data lists 1 office for Grove Bank, all in Minnesota.

Who owns Grove Bank?

The FDIC lists GROVE BCORP INC of Excelsior, MN as the top holding company for Grove Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.