The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

From Q2 2025 to Q2 2026, the score fell 7 points (60 → 53), mostly because the loan quality component weakened by 32 points.

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Similar-size banks in Minnesota

Yes. Granite Bank is an FDIC-insured institution (FDIC certificate #5116). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 21.1% of deposits ($61.1M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.53%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 10.62% (benchmark: 10%).

Check how much of your own balance is covered

Granite Bank lists 2 offices in 2 cities. Most locations:

• Champlin, MN (1)
• Cold Spring, MN (1)

All branch addresses and map

In 2025, Granite Bank reported 3,307 home-loan applications under HMDA (LEI 549300INKSPQCTELMO58): 2,598 originated ($772,490,000 total), 173 denied, and 527 withdrawn or closed by the applicant. Its denial rate on decided applications was 6.2%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

Granite Bank

Former names

The First National Bank of Cold Spring; Granite Community Bank

Type

State-chartered bank

FDIC certificate #

5116

RSSD ID

311256

Primary regulator

FDIC

Holding company

First Bancshares Cold Spring

Established

January 1, 1902

Headquarters

202 2nd Ave S, Cold Spring, MN 56320

Website

www.granitebank.com

Employees

275