About Us

Grinnell State Bank was founded in 1925 with the first President to be C.A. Fraizer. In 1954 it was sold to F.A. Jones and his son F. Addison Jones took over management late that year. Two of Addison’s sons, David A. Jones and F. Austin Jones have assumed the management as President and Executive Vice President. The fourth generation is represented with Rusty Jones,VP Security and Lending, Alyson Jones, Accounts Payables/HR Assistant and Kelsey (Jones) McCulley, Personal Banker- Marengo Branch.


F. Addison Jones

Chairman of the Board of Directors

David Jones

President, CEO

F. Austin Jones

Sr. Executive VP/President-Grinnell Investors Center/CFO/CTO/TO

Mike Larson

Sr. Executive VP /Chief Lending Officer

Rusty Jones

Executive VP/Security Officer/Loan Officer

Alison Murphy

Alison Murphy

Executive VP/Chief Operations Officer/Sr. Director of Human Resources