Granite bank NMLS #405434
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Who is Granite bank?
Granite bank (NMLS #405434) is a lender or broker listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerGranite bank
- NMLS #405434
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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Reported application outcomes and pricing, 2025
- 2025 home loan decisionsOf 2,780 applications decided by Granite Bank in 2025, 2,598 were originated, 9 were approved but not accepted by the borrower, and 173 were denied.
- Median rate spread0.322 (reported on 2,490 originations, 108 reported no spread at all -- a median of what was reported, not of everything originated)
That is an approval rate of 93.8%. Withdrawn, incomplete and purchased loans are not counted here and are not part of that rate.
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Evidence read 2026-10-10T20:58:22+00:00
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for Granite Bank — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
About Granite bank
Overview
Granite bank is a bank based in Cold Spring, Minnesota. Its main office is at 202 2nd Ave So.
Company details and licensing
The legal entity is Granite Bank. Trade names include Granite Community Bank and The First National Bank of Cold Spring. The company is headquartered in Cold Spring, Minnesota, and its NMLS company ID is 405434. Its primary regulator is the Federal Deposit Insurance Corporation.
Licensing is verifiable through NMLS Consumer Access.
Frequently Asked Questions
What is Granite bank's NMLS number?
Granite bank's NMLS number is 405434. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Granite bank's NMLS ID?
Yes. We checked Granite bank's company name and NMLS ID against the NMLS record on August 5, 2026. They've been in our lender network since March 2012. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Granite bank?
This page has Granite bank's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.