Grand Marais State Bank
Chartered Bank Active FDIC Insured
Health Score
9.3 / 10
211 E Highway 61, Grand Marais, MN 55604
Financial Overview
Total Assets $201.5M
Total Deposits $182.4M
Profitability (ROA) 1.47%
Shareholder Return (ROE) 18.67%
Capital Cushion (Eq/Assets) 8.15%
Established 09/16/1916
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$36.5M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.grandmaraisstatebank.com
FDIC Certificate #: 8842
Specialization: Commercial Lending Specialization