Grand Rapids State Bank Rated 5-Stars Consistently for more than 10 Years

March 2018: BauerFinancial, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Grand Rapids State Bank, Grand Rapids, Minnesota has once again secured its highest, 5-Star rating. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) Earning and maintaining this top 5-Star rating for 50 consecutive quarters, Grand Rapids State Bank has also procured an “Exceptional Performance Bank” status. This assignment is reserved for banks that have maintained Bauer’s highest rating consistently for 10 years or longer.
“A lot of things have changed since the Great Recession,” reflects Karen L. Dorway, president of BauerFinancial. “Technology, in particular, has changed the way many people bank, but it will never replace a bank’s knowledge of its customers. Community banks, like Grand Rapids State Bank, have the upper hand on that. Through personal interaction, they can meet their customers’ needs today while anticipating them for tomorrow.”
Grand Rapids State Bank was established in 1914 and has been growing alongside its customers for 104 years. Today it operates through two conveniently located offices in Grand Rapids and can also be found online at
Grand Rapids State Bank: “Responsibly Building Your Future.”
Member of the FDIC and an Equal Housing Lender.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at

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