Media Release from The Grand Marais State Bank - March 20, 2020

To our Loyal Customers, 

We understand that what needs to be done to level the curve of the COVID-19 outbreak will take extraordinary measures by the people in our communities. In support of this effort, we have made the following commitments: 

1) Our lobbies in Grand Marais and Tofte will be closed to the public effective March 20th, until further notice. Banking services will be available via our drive through, electronically, and in-person by appointment. Please contact your local Branch to schedule an appointment if necessary.

2)  We are committed to paying the full salaries of all bank staff through May 31st regardless of the time off needed for personal or family accommodations that may be required. No sick time will be charged to our staff during this period. We appreciate their commitment to providing the essential financial functions in today's world. 

3) Upon request, we will extend the next two monthly payments for any commercial or consumer loan without fees to our customer. These payments do not need to become a source of stress.