Grand Marais State Bank: Your Hometown Bank with Big-Time Solutions

For over 100 years, Grand Marais State Bank has been more than just a financial institution—we've been a trusted neighbor to the residents and businesses of Grand Marais, Tofte, and the entire North Shore community. Our goal is simple: provide secure, reliable, and convenient banking services that evolve with your financial needs.

Whether you're managing your personal finances or growing your business, we're here to help you succeed with personalized service, modern banking technology, and a wide range of products tailored just for you.

Personal Banking Solutions

Banking That Fits Your Life

At Grand Marais State Bank, we know that no two customers are alike. That's why we offer a variety of personal banking solutions designed to make managing your money easy and stress-free.

• Free Checking: No monthly fees, no fuss. A simple and straightforward account for everyday use.

• Superior Gold Checking: Get more from your checking with added features and exclusive benefits.

• Interest-bearing checking: Earn interest on your everyday balance while enjoying full account access.

• Credit Cards: A variety of credit cards to match your spending habits and reward preferences.

• Statement Savings: A secure way to grow your savings with interest and easy access.

• Mighty Moose Savers Club: Teaching kids the value of saving with a fun, rewarding savings account.

• Money Market Savings Account: Higher yields for higher balances—perfect for savers who want more.

• Certificates of Deposit (CDs): Lock in competitive rates for guaranteed growth over time.

• Traditional IRA Accounts: Save for retirement with tax-deferred earnings.

• Roth IRA Accounts: Enjoy tax-free withdrawals in retirement with flexible contribution options.

With 24-hour banking, digital banking, and a team that knows you by name, our personal banking options are designed to fit your lifestyle.

Business Banking Solutions

Banking That Grows With You

Whether you're just starting out or managing a well-established enterprise, our business banking solutions give you the flexibility and control to keep your operations running smoothly.

• Business Checking Account: A reliable, everyday account to handle your business transactions with ease.

• Business NOW Checking: Earn interest on your business funds while keeping them liquid and accessible.

• Double Dime-A-Time Checking: A specialized account that offers great value for high-volume businesses.

• Credit Cards: Simplify purchases, manage expenses, and access credit when your business needs it.

We understand the unique needs of small businesses on the North Shore, and we're proud to offer personalized support and tailored banking services that help you succeed.

Convenient Locations & Digital Access

With locations in both Grand Marais and Tofte, we make it easy to stop in and get help from people who live and work in your community. Prefer to bank on the go? Our digital banking tools let you manage your accounts anytime, anywhere—day or night.

• Online Banking
• Mobile Banking App
• 24-Hour Account Access
• eStatements
• Bill Pay & Fund Transfers

No matter how or where you like to bank, Grand Marais State Bank is here for you.

Why Bank with Grand Marais State Bank?

• Over a Century of Trusted Service
• Locally Owned and Operated
• State-of-the-Art Technology
• Exceptional Customer Support
• Tailored Solutions for Personal and Business Banking

When you bank with us, you're not just another account number. You're part of our community, and we're committed to helping you reach your financial goals—whatever they may be.

Start Banking with Confidence

At Grand Marais State Bank, we're proud to offer the perfect blend of modern banking and small-town service. Whether you're looking for a free checking account, business banking support, or long-term savings solutions, we've got you covered.

Stop by one of our branches in Grand Marais or Tofte, or get started online today.
Bank with confidence. Bank with Grand Marais State Bank.