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Bank

Grand Rapids State Bank

grsb.bank
523 NW 1st Ave, Grand Rapids, MN 55744

Grand Rapids State Bank is a family-owned community bank in Grand Rapids, Minnesota, offering a range of personal and business banking services including loans and mortgages.

Key Statistics

As of June 2026, public records show Grand Rapids State Bank has originated approximately $33.0M in loan volume over the past 12 months, with an average loan size of $287k.

Volume (12mo)

$33.0M

Avg Loan Size

$287k

Total Mortgages

859

Total Borrowers

76

Lending Entities

Grand Rapids State Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Grand Rapids State Bank

859 mortgages recorded

+1 more entities not shown

Geography

Grand Rapids State Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Minnesota

Mortgages (12mo): 78

Volume (12mo): $32.6M

Total Volume: $244.9M

#2Florida

Mortgages (12mo): 2

Volume (12mo): $350k

Total Volume: $540k

#3Arizona

Mortgages (12mo): 0

Volume (12mo): $0

Total Volume: $808k

Top Borrowers

The following individuals have the most recorded mortgage transactions with Grand Rapids State Bank. Click on a borrower to view their full investor profile.

+73 more borrowers not shown

FAQ

What type of lender is Grand Rapids State Bank?

Grand Rapids State Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (19%) and personal loans in their portfolio.

What entities does Grand Rapids State Bank fund loans under?

Grand Rapids State Bank originates mortgages through 2 different lending entities. The most common include Grand Rapids State Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Grand Rapids State Bank most active?

Based on recorded mortgages, Grand Rapids State Bank is most active in Minnesota, Florida, and Arizona.

How many loans has Grand Rapids State Bank originated?

Public records show 859 mortgages recorded for Grand Rapids State Bank, with $33.0M in volume over the past 12 months.

What is the average loan size for Grand Rapids State Bank?

The average mortgage size for Grand Rapids State Bank is $287k based on all recorded mortgages.

Does Grand Rapids State Bank offer short-term loans?

Grand Rapids State Bank primarily offers long-term financing, with only 6% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.