Grinnell State Bank is a bank based in Grinnell, Iowa, established in 1925, with $497 million in total assets across 4 branches. By Trust Grade it ranks 144th of 226 banks we track in Iowa. Its capital ratio of 9.7% trails most similarly sized banks (42th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 0.76% return on assets. No consumer complaints against Grinnell State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Grinnell State Bank compares to Iowa peers
How we graded Grinnell State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.7% capital ratio)
- Profitable (ROA 0.76%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Grinnell State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 1101 Court Ave, Marengo, IA 52301
- 205 Broadway St, Polk City, IA 50226
- 814 4th Ave, Grinnell, IA 50112
- 5601 Merle Hay Rd, Johnston, IA 50131
Are deposits at Grinnell State Bank insured?
Yes. Grinnell State Bank is an FDIC-insured bank (FDIC certificate #11347). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Grinnell State Bank: frequently asked questions
Is Grinnell State Bank a good bank?
Grinnell State Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.7% capital ratio); Profitable (ROA 0.76%).
Is Grinnell State Bank FDIC-insured?
Yes. Grinnell State Bank is a FDIC-insured bank (FDIC certificate #11347). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Grinnell State Bank?
Grinnell State Bank holds $497 million in total assets, ranking 144th of 226 banks we track in Iowa. It operates 4 branches.
Does Grinnell State Bank have CFPB complaints?
No CFPB complaints against Grinnell State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
