Bank Branches › Banks › Grand Marais State Bank
Grand Marais State Bank
5 offices in 1 state as of June 30, 2026. $190 million in deposits. Main office: 211 E Highway 61, Grand Marais, MN. FDIC certificate 8842.
5
offices
1
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $31.2M | |
| Jun 30 1995 | 2 | · | $34.3M |
| Jun 30 2000 | 2 | · | $43.0M |
| Jun 30 2005 | 2 | · | $55.0M |
| Jun 30 2010 | 2 | · | $59.2M |
| Jun 30 2015 | 2 | · | $75.9M |
| Jun 30 2020 | 2 | · | $101M |
| Jun 30 2025 | 2 | · | $108M |
| Jun 30 2026PEAK | 5 | +3 | $190M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 2 | $31.2M | |
| Jun 30 1995 | 2 | · | $34.3M |
| Jun 30 1996 | 2 | · | $35.5M |
| Jun 30 1997 | 2 | · | $36.7M |
| Jun 30 1998 | 2 | · | $40.4M |
| Jun 30 1999 | 2 | · | $40.7M |
| Jun 30 2000 | 2 | · | $43.0M |
| Jun 30 2001 | 2 | · | $46.6M |
| Jun 30 2002 | 2 | · | $58.4M |
| Jun 30 2003 | 2 | · | $62.8M |
| Jun 30 2004 | 2 | · | $54.5M |
| Jun 30 2005 | 2 | · | $55.0M |
| Jun 30 2006 | 2 | · | $52.8M |
| Jun 30 2007 | 2 | · | $55.3M |
| Jun 30 2008 | 2 | · | $56.0M |
| Jun 30 2009 | 2 | · | $56.9M |
| Jun 30 2010 | 2 | · | $59.2M |
| Jun 30 2011 | 2 | · | $61.3M |
| Jun 30 2012 | 2 | · | $64.1M |
| Jun 30 2013 | 2 | · | $70.5M |
| Jun 30 2014 | 2 | · | $79.3M |
| Jun 30 2015 | 2 | · | $75.9M |
| Jun 30 2016 | 2 | · | $85.6M |
| Jun 30 2017 | 2 | · | $87.0M |
| Jun 30 2018 | 2 | · | $78.8M |
| Jun 30 2019 | 2 | · | $82.7M |
| Jun 30 2020 | 2 | · | $101M |
| Jun 30 2021 | 2 | · | $119M |
| Jun 30 2022 | 2 | · | $121M |
| Jun 30 2023 | 2 | · | $110M |
| Jun 30 2024 | 2 | · | $103M |
| Jun 30 2025 | 2 | · | $108M |
| Jun 30 2026PEAK | 5 | +3 | $190M |
Counted under FDIC certificate 8842. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Grand Marais State BankGrand Marais, MN | $100M |
| Ortonville BranchOrtonville, MN | $37.2M |
| Buffalo Lake BranchBuffalo Lake, MN | $23.5M |
| Hutchinson BranchHutchinson, MN | $15.3M |
| Tofte BranchTofte, MN | $13.2M |
By state
| State | Offices |
|---|---|
| Minnesota | 5 |