The Miners State Bank
The Miners State Bank is a privately held community bank founded in 1912 in Iron River, United States, serving retail and small-business customers in select local markets with 51 to 100 employees.
- Company typePrivate
- Founded1912
- HeadquartersIron River, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What The Miners State Bank does
The Miners State Bank is a privately held, for-profit community bank headquartered in Iron River, United States. Founded in 1912, the institution has operated continuously for over a century and positions itself as an independent, well-managed, community-oriented bank serving customers in select markets. The stated strategic intent is to preserve independence rather than pursue scale through acquisition or public listing.
The bank's core business is conventional community banking — accepting deposits, originating loans, and providing related financial services to retail and small-business customers within its defined geographic footprint. It employs between 51 and 100 people, which is consistent with the staffing profile of a small rural or small-town chartered bank. No detailed product catalog, technology stack, digital channel disclosures, or pricing data were available in the source material; the bank's primary website (msbir.com) returned a verification/loading page rather than substantive content during data collection, which materially limits visibility into the operating model.
Revenue mechanics follow standard banking economics — net interest income from the loan portfolio funded by deposits, supplemented by fee income on deposit and treasury services. Ownership structure, holding-company relationships, regulatory charter details, financial performance metrics, and any recent strategic actions were not disclosed in the source data, so any assessment of growth, capital position, or competitive trajectory is constrained.
The Miners State Bank firmographics
Firmographics- Name
- The Miners State Bank
- Website
- https://msbir.com
- Company type
- Private
- Founded year
- 1912
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Miners State Bank is a privately held community bank founded in 1912 in Iron River, United States, serving retail and small-business customers in select local markets with 51 to 100 employees.
- Ownership category
- akta.pro rank
The Miners State Bank industry classification
Industry- Product category
- Community Banking
- akta.pro primary industry
- Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)
Keywords
Where The Miners State Bank is headquartered
LocationHeadquarters
- HQ city
- Iron River
- HQ country
- United States
- HQ region
- North America
Markets served
The Miners State Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
The Miners State Bank product offering
Product offeringCore offering
The Miners State Bank is a community-oriented, independent state-chartered bank offering traditional retail banking services to customers in select local markets, primarily in and around Iron River, United States. Founded in 1912, the bank focuses on relationship-based consumer banking, including deposit and lending products typical of small community banks.
Differentiator
Problem solved
Functional benefit
Companies that use The Miners State Bank
Customer profileIdeal customer profiles1 record
The Miners State Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Miners State Bank competitors and assessment
Company assessmentDirect peers
- Range Bank: Upper Peninsula of Michigan community bank with a comparable scale, rural footprint, and relationship-banking focus that closely mirrors the Iron River market profile.
- Nicolet National Bank: Community-oriented commercial bank serving northern Wisconsin and the Upper Peninsula of Michigan, with a similar small-market, relationship-banking model directly overlapping The Miners State Bank's footprint.
- mBank (Mackinac State Bank): Michigan-based community bank with branches in the Upper Peninsula, offering deposit and small business lending products to similar rural mining-region customers.
- Lake-Osceola State Bank: Small independent community bank in rural Michigan with similar size, staff, and focus on community banking relationships in a defined local market.
Broad incumbents
- Huntington Bancshares: Large regional bank holding company with established retail and commercial presence across the Midwest, including Michigan, and a likely acquirer profile for community banks of The Miners State Bank's size.
- Old National Bank: Midwest-focused regional bank with a history of acquiring community banks in small markets; serves overlapping customer segments through commercial and consumer banking products.
Regional players
- Northern Interstate Bank: Community-oriented bank in northern Michigan/Wisconsin with comparable small-town, relationship-driven commercial and consumer banking services.
- First National Bank of Iron Mountain: Community bank headquartered in Iron Mountain, Michigan, directly adjacent to Iron River, serving the same Upper Peninsula mining-region customer base.
- Gogebic Range Bank: Small community bank in the western Upper Peninsula of Michigan, comparable in size and serving an adjacent rural mining-heritage market.
- Superior National Bank: Community bank serving the Upper Peninsula of Michigan with a focus on small business and retail banking, comparable in scale and customer profile.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights3 records
Customer concentration
The Miners State Bank social profiles
Digital presenceThe Miners State Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Miners State Bank leadership team
Management profileNumber of profiles
The Miners State Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Miners State Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Miners State Bank
What does The Miners State Bank do?
The Miners State Bank is a community-oriented, independent state-chartered bank offering traditional retail banking services to customers in select local markets, primarily in and around Iron River, United States. Founded in 1912, the bank focuses on relationship-based consumer banking, including deposit and lending products typical of small community banks.
Is The Miners State Bank a public or private company?
The Miners State Bank is a private company. It is classified as unknown and is currently operating.
When was The Miners State Bank founded?
The Miners State Bank was founded in 1912. It employs 51 to 100 people.
Where is The Miners State Bank based?
The Miners State Bank is headquartered in Iron River, United States, in the North America region.
Who are The Miners State Bank's main competitors?
Direct peers on record are Range Bank, Nicolet National Bank, mBank (Mackinac State Bank) and Lake-Osceola State Bank. Broad incumbents are Huntington Bancshares and Old National Bank. Regional players are Northern Interstate Bank, First National Bank of Iron Mountain, Gogebic Range Bank and Superior National Bank.
Does The Miners State Bank have an API?
No public API is recorded for The Miners State Bank.
What industry is The Miners State Bank in?
The Miners State Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAEAF, Cooperative Banks (Member-Owned Commercial/Retail).