Park State Bank

Park State Bank is a full service financial institution that has been serving the good people of Minnesota since 1916. We have a long history of meeting the financial needs of the Steel Workers of the Morgan Park Steel Plant until its closing in the 1980s. In 1997 we built an office in the Lincoln Park neighborhood, where we found an active community of entrepreneurial business owners who find our level of service meets their needs and exceeds their expectations. We continue to have a close-knit community here as well as across the Duluth and Iron-Range region. Focusing on the independent entrepreneur, we expanded to Minneapolis. Our services in Minneapolis are surprising the community members with quality one-on-one contact and state-of-the-art technology. We are growing rapidly in this area, and were named on the Minneapolis St. Paul Business Journals Fast 50 List, as one of the 50 fastest growing companies in Minneapolis, for both 2019 and 2020! At Park State Bank we believe in economic stability. We buy the products and services we need from our customers first, then from vendors and providers as close to our place of business as possible. We make an effort to refer our customers to those business and service providers who are our customers. We treat all customers and their assets with respect and show commitment to their financial well-being by providing quality personal service and affordable products. We're honored to have been named the #1 Top Performing Community Bank in Minnesota with under $3 Billion in Assets by S&P Global Market Intelligence in 2017, 2018, and 2019. We see this ranking as recognition of doing things the right way - simply putting our customers and community first.