Granite Bank lands No. 5 on MSPBJ Fast 50 again

Granite Bank has been named to the Minneapolis/St. Paul Business Journal Fast 50 for a second straight year, ranking No. 5 among the Twin Cities’ fastest-growing privately held companies. The honor highlights the Minnesota bank’s continued growth and local community focus.

Why it matters: - Granite Bank’s repeat top-5 finish signals sustained growth in the Twin Cities banking market. - The ranking also reinforces Granite Bank’s standing among privately held companies in the Minneapolis–St. Paul metro. - The recognition can support customer confidence and brand visibility as the bank competes for deposits, loans and business relationships.

What happened: - Minneapolis/St. Paul Business Journal named Granite Bank to its Fast 50 list for the second consecutive year. - Granite Bank ranked No. 5 among the Twin Cities’ fastest-growing privately held companies. - The rankings were announced at the Fast 50 Awards celebration on Oct. 22, 2026.

The details: - The Fast 50 honors privately held, independently owned companies headquartered in the Twin Cities metro area. - The list is based on revenue growth over multiple years. - Eligible honorees must have reached at least $1 million in revenue in the most recent year. - Granite Bank is a family-owned community bank based in Minnesota. - The bank was founded in 1902. - Granite Bank serves individuals, families and businesses. - Granite Bank says it combines community-bank service with lending capabilities for customers nationally. - Gerald Reiter, Granite Bank’s president and CEO, said the recognition reflects employees’ work, customer trust and community relationships.

Between the lines: - A second straight top-5 ranking suggests Granite Bank has kept growth momentum rather than posting a one-year spike. - The award also points to the strength of the bank’s relationship-based model in a competitive regional market. - The national lending capability broadens Granite Bank’s reach beyond its Minnesota roots while the community-bank identity remains central.

What's next: - Granite Bank is likely to continue leaning on growth, lending and relationship banking as it builds on the recognition. - The Fast 50 placement gives the bank another benchmark to cite as it pursues future expansion and customer growth. - More information is available on the bank’s LinkedIn page, Instagram account and Facebook page.