Grand Marais State Bank
Grand Marais, MN · State member commercial bank
Sonar Score
Strong
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $207.2M
- Total deposits
- $189.6M
- Branches
- 5
- Return on assets
- 1.71%
- Return on equity
- 21.55%
- Charter type
- State member commercial bank
- Established
- 1916
- FDIC cert #
- 8842
How the 84 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Efficient use of shareholder capital.
Community-scale institution.
Your deposits at Grand Marais State Bank
Grand Marais State Bank is an FDIC-insured institution (Cert #8842). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
5 branch locations
113 1st St Nw
Ortonville, MN 56278
4 Johannes Lane
Tofte, MN 55615
211 E Highway 61
Grand Marais, MN 55604
109 W Yellowstone Trl
Buffalo Lake, MN 55314
1380 Montreal St Se
Hutchinson, MN 55350
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