Grinnell State Bank was organized in 1925 by Grinnell businessmen to be an independent community bank and is still fulfilling that role today. The Jones Family has owned and operated the bank since 1954 and continue that legacy with a fourth generation of family members on staff. The bank’s growth has been in Loans, Deposits and Locations with services in Grinnell, Johnston, Marengo, and Polk City.
F. Austin Jones is named Bank President
Grinnell State Bank purchases Augustine-Johnston Insurance Agency in Marengo
Consolidated our Johnston & Urbandale branches into our Johnston Branch
Grinnell State Bank acquires Hamilton Insurance Agency in Grinnell
Grinnell State Bank Remodels Marengo Branch
Grinnell State Bank acquires three locations in Johnston, Polk City & Urbandale – formerly Polk County Bank
Grinnell State Bank purchases the book of business from Rohrer Insurance in Marengo
David Jones is named Bank President
Grinnell State Bank acquires a location in Marengo – formerly Boatmen’s Bank
Grinnell State Bank Remodels Grinnell Branch
Grinnell State Banks consolidates the Grinnell and Malcom branches into the Grinnell Branch
F. Addison Jones is named Bank President
Grinnell State Bank expands the Grinnell Branch with a new, two-lane drive-up facility
Fred A. Jones purchases Grinnell State Bank from C.A. Frasier
Grinnell State Bank opens a location in Malcom
Grinnell Businessmen Re-organize Grinnell Savings Bank into Grinnell State Bank as an independent community bank
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