We will be happy to provide assistance when you need a loan for any purpose. You will benefit from having a loan that is tailored to your needs and your budget, which is what you get with our personalized service. Because we are a locally owned bank, you will have the convenience of quick approval of your loan request. In most instances, we can give you an answer within twenty-four hours of the request. 

 

SAFETY CHECK OVERDRAFT PROTECTION 

    We can assist you with a line of credit that can be automatically advanced to your checking account before an insufficient funds fee occurs. 

 

LOCALLY PROCESSED VISA & GOLD CREDIT CARDS 

    Whether traveling around the world or just across town, you'll find your VISA credit or debit card from Grinnell State Bank can offer indispensable services wherever you go. 

For additional security using your VISA while doing online purchases click Here to find out more on the VERIFIED by VISA program. 

 

If you would like a demo of Shopping with Verified by Visa click here 

 

PERSONAL LOANS 

    A personal loan from Grinnell State Bank can help turn your dreams into reality. Whether borrowing to finance a vehicle purchase, boat or motor home, vacations, or wedding expenses, we can tailor the loan to fit your budget.  

 

STUDENT LOANS 

     Subsided Federal Stafford Loans, Unsubsidized Federal Stafford Loans and PLUS loans are available to students or parents of students attending any eligible Federal Family Education Loan Program school in the country.  These are low interest loans which assist students and parents with paying for the cost of college.  Our Stafford Loans and PLUS Loans offer up-front and repayment benefits that save you money!  We have a FREE brochure that provides information on applying for and obtaining these loans, stop in or call us today!  

 

     Our Lender Code is 804064.  Your school may ask you to select a lender for your Stafford or PLUS Loan, if so you can select us as your lender by indicating our lender code on the Master Promissory Note or form provided by your school. 

 

    Before applying for a student loan you will need to complete and submit the Free Application for Federal Student Aid (FAFSA).  You can do so online at www.fafsa.ed.gov . 

 

    For information on preparing for college, we recommend the College Planning Center (CPC) at www.collegeplanning.org. CPC provides free services and assistance to students and their families. 

 

REAL ESTATE LOANS 

    When you need financing or refinancing for a new home, second home, vacation home, or retirement home, Grinnell State Bank has a loan to meet your needs. 

 

HOME IMPROVEMENT LOANS 

    Does your house need new siding and windows, a fresh coat of paint, new wallpaper, or maybe the air conditioner needs to be replaced? Grinnell State Bank offers intermediate and long-term loans to get you "fixed up". 

 

HOME EQUITY LINES OF CREDIT 

    You can use your home for a line of credit and may qualify for the interest to be tax deductible. Refinance credit card debt, take a vacation or help with school expenses with the convenience of a pre-approved line of credit you can advance by writing a check. 

 

COMMERCIAL LOANS 

    Grinnell State Bank is a leader in the community in regards to commercial service. We offer short and intermediate term loans for operating expenses, machinery and equipment purchases. Long-term loans are available to finance or refinance land, buildings, and improvements. 

 

AGRICULTURAL LOANS 

    We have agricultural lending experts that have farming experience. We work with you to review your financial picture with special analysis software to help you be as profitable as possible. We lend on all aspects of farming from operating to long term land loans. 

 

Important Information about Procedures for Opening a New Account 

 

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. 

 

What this means to you:  When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you.  We may also ask to see your driver’s license or other identifying documents.