Locally Made, Locally Grown, Locally Invested

Grand Marais State Bank has been the financial institution of choice on the North Shore for over 100 years! We have come a long way from the days of storing your deposits in the freezer next to the moose meat.

We now offer the latest technology for your internet banking needs.

We offer mortgages for residential, vacation property, raw land, cabins and commercial property just to name a few.

We still do some things the old fashioned way. We have tellers who are happy to help people when you come into the bank. When you call, a real person answers the phone and there is FREE coffee and cookies every Friday!

Two Locations

Grand Marais: Lobby Hours 9 AM - 4PM Monday - Friday

Drive Up Hours: 8 AM - 5:30 PM Monday - Friday 8 AM - Noon Saturday (May - Oct)

Tofte: Lobby Hours 9 AM -11 AM & 1 PM - 4 PM (Closed 11 AM -1 PM)

Drive Up Hours: 8 AM - 5 PM Monday - Friday

Equal Housing Lender Member FDIC