BranchWatch

Grove Bank

Headquartered in Grove City, MN. Part of Grove Bancorp, Inc. FDIC certificate #8857 · Federal Reserve RSSD 79257.

Total assets
$56M
Deposits
$45M
Q2 2026
Active branches
1
Closings since Jan 2020
0
0 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q2 2026

All quarters →
Net income (quarter)
$50K
Return on assets
0.21%
Return on equity
1.66%
Noncurrent loan rate
0.11%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025
0
2026

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • October 1, 2020: legal name changed from “First State Bank of Grove City” to “Grove Bank”

Branches by state

Minnesota 1

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.grovebancorp.com.