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How Can We Help?

Buy a Home

Competitive mortgage solutions, refinancing options, and local mortgage experts

Explore Mortgages >>

Grow Your Business

Business banking, treasury management, and business loans designed around your goals.

Business Banking >>

Manage Daily Banking

Checking accounts, savings accounts, CDs, IRAs, and digital banking tools.

Personal Banking >>

Farm with Confidence

Agricultural banking and lending solutions from people who understand agriculture.

Agriculture Banking >>

Certificate of Deposit Specials

4.00% APY

 19-Month CD
3.94% interest rate

3.75% APY

 11-Month CD
3.75% interest rate

3.50% APY

 7-Month  CD
3.45% interest rate
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$500.00 minimum deposit. Rate effective as of July 6, 2026.  Restrictions may apply. Rate may change at any time. Penalty for early withdrawal. Fees could reduce earnings.
*APY (Annual Percentage Yield)

Why Choose Glenwood State Bank?

We're one of the fastest growing banks in the area for a reason; find out why here:

World-Class Service

We wouldn't be where we are today without our customers. Our caring team recognizes your importance and looks forward to serving you.

Top Tech Products

With some of the best technology in the industry, banking with us is easy. Control is at your fingertips, no matter where you are.

Community-Focused

As a Community Bank, we have the privilege of turning your dollars around and loaning them out to others in the community.

Solid Principles

Our purpose is to be the premier community bank, positively impacting our customers, employees, and communities through Christian principles.

Fast Decisions

Being locally-owned and operated, we offer a lot of perks. We make all of our decisions in-house, which means faster turnaround times for you.
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Third-Generation Banking

Family-Owned Since 1907

For more than a century, we've remained committed to serving customers, supporting communities, and building long-term relationships.

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Modern Banking. Local Service.

Enjoy the convenience of:

  • Mobile Banking
  • Mobile Deposit
  • Bill Pay
  • Zelle®
  • Card Controls
  • Mobile Wallet
  • Budgeting Tools

What Our Customers Say

"My go-to bank for loans and checking. Easy to work with. Knowledgeable, courteous, convenient hours."

Francis

"Friendly, courteous, professional, and always helpful personnel. A useful variety of online and on-site services make banking easy. Faith based, for those who share Christian values."

Lydia

"Staff is so nice. Always smiling and helpful when I go in. Their loan department has been very helpful and provided good advice."

Gary

"They helped build my credit score from nothing to over 800. I moved away from the Alex area but continue to bank here because their app is very user friendly and they are prompt with my online requests."

Andrew

More Than a Bank

For more than a century, we've helped support local families, businesses, nonprofits, schools, and community organizations. When you bank with Glenwood State Bank, you're investing in communities and relationships that last.

Frequently Asked Questions about Glenwood State Bank

  • Yes. Glenwood State Bank has been locally owned and serving customers since 1907.

  • Yes. While we're rooted in west-central Minnesota, we proudly serve customers wherever life takes them through digital banking services and personalized support.

  • We offer mortgage loans, personal loans, business loans, agricultural lending solutions, and more.

  • Yes. Many accounts can be opened through our secure online application.

  • Yes. Customers can access online banking, mobile banking, mobile deposit, bill pay, card controls, budgeting tools, and other digital services.