A house with '$5,000 Grant!' copy above it.

It's like our Lenders are giving away FREE MONEY to buy a new home!

Use it for your down payment or closing costs! The State Bank of Faribault is offering up to $5,000 to qualified borrowers to use towards the down payment, closing costs, escrow deposits, or prepaid items for the purchase of a home. This program is available to qualified buyers, not just first time homebuyers. Please contact our Mortgage Team for details.

Mortgage Department

New....Mobile Deposit

Deposit your check into your deposit account with the mobile app.

Don't have the mobile app yet? Download it today and experience how easy banking can be on your mobile device.

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a camper with two chairs and a grill sitting outside of it

Bold Lending Rates

When it comes to banking we know you have options. We respect that and work hard to offer exactly what you’re looking for - contact us and let us help you find that loan option that best fits your needs.