Your Hometown Business Banking Partner

You focus on your business and we focus on you. Our business checking and savings accounts can help you achieve your business goals.
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Business Checking Accounts

Checking solutions that keep your business moving.

Manage your business with confidence through flexible checking options designed for the way you work. At Grand Marais State Bank, we make it easy to handle your day-to-day banking with straightforward accounts, convenient tools, and the personal service you count on from your local bank.

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Business Loans & Credit Cards

Local lending to help your business grow

From startups to established operations, Grand Marais State Bank is here to help your business take the next step. Our local lenders make decisions right here in your community, offering personalized service and flexible financing options to help you reach your goals — today and for years to come.

Bank anywhere with Grand Marais State Bank Digital Banking

Do your banking anywhere you have internet service! With WebBanker, much of your banking business can be done from the comfort of your home or office without regard for time of day, weather, or travel.

Our Branches

Friendly Neighborhood Locations

With 5 neighborhood branches, we’re more than just your bank; we’re part of your community.

Exterior building of grand marais state bank with red and orange fall trees flanking the entrance

Grand Marais

exterior building photo of grand marais state bank's hutchinson location

Hutchinson

exterior building photo of grand marais state bank's buffalo lake location

Buffalo Lake

exterior building photo of grand marais state bank's ortonville location

Ortonville

What Our Business Customers Say

“During Covid 19, Federal funds from the Federal Payroll Assistance Program were secured exclusively by GMSB for over 60 local employers! I understand that no other bank in our area assisted employers with this program.”

Douglas O Sanders Jr, FSA, MAAA​

Member, Society of Actuaries’ Climate and Health Sections

Member, Cook County Chamber of Commerce

“As small business owners, we rely on a bank that is dependable, supportive, and easy to work with. Every time we walk into Grand Marais State Bank, we’re greeted warmly and treated like family. Their team is professional, kind, and genuinely welcoming. Their online banking—especially the seamless integration with QuickBooks Online—has made managing both our personal and business finances so much easier. We truly love banking with GMSB!”

Tyler & Jessica Dean
Owners of Joynes Ben Franklin in Grand Marais, MN

“I am a third generation business owner. My Grandpa Ed Ryden, then my Dad Larry were with Grand Marais State Bank and now me. GMSB has always been there to help. We had to pave our huge lot and couldn’t have done it without the banks help. We survived Covid and most recently we have had a unique banking issue that GMSB worked hand in hand with me to resolve. Many emails and calls and they were always so helpful. There is nothing like a small hometown bank!”

Lori Boomer

Owner, Ryden's Border Store

Talk to a local banker today.

Big bank expertise with a small-town touch—let’s talk today.

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