Bank · FDIC insured
Grove Bank
A $56.4M bank headquartered in Grove City, MN, with 1 branch in Minnesota. Best rates: CDs 2.52% and savings 1.00% APY.
Grove Bank Carrot Score
67
Carrot Score
Higher than 19% of U.S. banks and credit unions
#133 of 172 in MinnesotaHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Grove Bank
Grove Bank is located in Grove City, Minnesota.
- Headquarters
- 110 Atlantic Ave W, Grove City, MN 56243
- FDIC certificate
- 8857 ↗
Branches
1 branch in Minnesota
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Minnesota
1 branch
- Grove BankMain office110 Atlantic Ave W, Grove City, MN 56243Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.95% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.11% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | 0.21% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $91 | $67 | — |
- CapitalLeverage ratio9.95%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.11%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets0.21%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$91Peers’ middle $67
Compared with the 546 banks with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Grove Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.