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Park State Bank logo — Park State Bank is a customer-centric and innovative communi...

Park State Bank

Park State Bank is a customer-centric and innovative community bank. Equal Housing Lender | NMLS #401406

Founded 1916 United States Duluth, United States 91 employees Seed Total: $100.00K Financial Services, Banking

General Information

Company Name Park State Bank
Founded Year 1916
Location United States Duluth, United States
Employees 91
Industries Financial Services, Banking
Funding Stage Seed
Social

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About Park State Bank

Park State Bank is a customer-centric and innovative community bank that has been providing full-service financial solutions since 1916. Committed to the financial well-being of its clients, the bank offers quality personal service and product offerings. As a member of the FDIC and an Equal Housing Lender, Park State Bank focuses on fostering an innovative and growing environment while also referring clients to other business opportunities within its network to aid in their growth. The bank has been recognized as the #1 Top Performing Community Bank in Minnesota with under $3 Billion in Assets by S&P Global Market Intelligence in 2018, 2019, 2020 & 2022. The bank's dedication to putting customers and community first has garnered it significant recognition. Its last investment of $100.00K in a Seed Round was made on 22 October 2013. Park State Bank is based in the United States and operates in the Financial Services and Banking industries. For the convenience of its clients, the bank has multiple locations listed on its website. This established history of meeting the financial needs of its communities, neighbors, and regional businesses positions Park State Bank as an attractive opportunity for potential investors seeking a stake in a well-established and reputable financial institution.

Business keywords: community bank, financial institution, full-service, FDIC member, equal housing lender, top performing, Minnesota, personal service, entrepreneurial, historic community, neighborhood banking, regional business

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $100.00K -
22 Oct 2013

Park State Bank Alternatives & Competitors

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Park State Bank vs
North Easton Savings Bank
North Easton Savings Bank United States

The premium big-bank alternative.

111 employees
Finance, Financial Services
Park State Bank vs
Ambler Savings Bank
Ambler Savings Bank United States

Offering personal, business and lending products. Member FDIC. Equal Housing Lender.

48 employees
Financial Services, Banking
Park State Bank vs
United Republic Bank
United Republic Bank United States

Big bank perks, right next door. Member FDIC | Equal Housing Lender

29 employees
Finance, Financial Services
View all alternatives

FAQ About Park State Bank

Park State Bank is a customer-centric and innovative community bank. Equal Housing Lender | NMLS #401406
Park State Bank was founded in 1916.
Park State Bank is headquartered in Duluth, United States.
Park State Bank operates in Financial Services and Banking. Its work centres on community bank, financial institution, full-service and FDIC member.
Park State Bank has approximately 91 employees.
Park State Bank has completed 1 funding round, raising a total of $100.00K. The latest funding stage is Seed.
Top alternatives and competitors to Park State Bank include North Easton Savings Bank, Ambler Savings Bank, United Republic Bank, Hatboro Federal Savings, Evergreen Bank Group - Member FDIC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Park State Bank and North Easton Savings Bank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Park State Bank, https://bouncewatch.com/company/park-state-bank, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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