About Us

When banks get big, it’s just inevitable: decision-makers don’t live in their communities, and don’t know their customers. That’s not how it should be. We’re Park State Bank. We’re growing, but we’re still here, where you are. We’re from, in and for our communities–looking for ways to say “yes” to your plans and ambitions, finding opportunities to bring success home to everyone we work with, and working to build stronger communities. It’s how we create brighter futures for all.

Welcome to banking done right.

Our Story

Building Stronger Businesses. Strengthening Communities. Delivering Exceptional Service.

For more than a century, Park State Bank has been helping businesses thrive, families prosper, and communities grow. Founded in 1916 in Duluth's historic Morgan Park neighborhood and revitalized under new ownership in 2015, we have grown into one of Minnesota's largest independently owned community banks, proudly serving clients across the state.

While our footprint and capabilities have expanded, our purpose remains unchanged: to build lasting relationships and provide exceptional full-service banking solutions that help our clients achieve their goals. We combine the responsiveness and personal attention of a community bank with the resources, expertise, and technology businesses need to succeed in today's marketplace. That commitment to exceptional service, strong relationships, and a people-first culture has earned Park State Bank numerous local and national awards and recognitions for both banking excellence and workplace culture.

At Park State Bank, banking is about more than financial transactions. It is about trust, partnership, and a commitment to helping our clients, employees, and communities thrive. As we continue to evolve, we remain dedicated to delivering an extraordinary client experience while creating new opportunities for the people and places we serve.

Investing in the Communities We Call Home.

Community banking is not simply what we do. It is who we are.

From the very beginning, Park State Bank has believed that strong businesses create strong communities and brighter futures for local families. That belief continues to guide every decision we make. We are proud to support more than 100 local charitable and community organizations through financial contributions, volunteerism, leadership, and service. We also play an important role in strengthening Minnesota communities through financing that supports local governments, infrastructure, and public initiatives.

Our commitment extends beyond banking. We actively invest our time, talent, and resources to help create opportunities, strengthen local economies, support future generations, and address the unique challenges facing the communities we serve and call home.

As Park State Bank continues to grow, so does our ability to make a positive impact. We remain committed to being a trusted partner that supports local businesses, empowers individuals and families, and contributes to vibrant, resilient communities for generations to come.

Together, we are creating something greater than a bank. We are helping build stronger communities, one relationship at a time.