GTSB Financial, Inc., the holding company of First State Bank of Michigan, announced the opening of Grand Traverse State Bank at 232 E. State Street, officially bringing its community-focused banking services to Traverse City this March.

The new full-service branch marks a strategic expansion into one of Michigan’s fastest-growing regions and reflects GTSB Financials’ long-term commitment to investing in and supporting Northern Michigan communities.
“This is a proud and exciting milestone for our organization,” said Gregg Bigger, Executive Chairman and CEO of GTSB Financial, Inc. “Opening Grand Traverse State Bank allows us to extend our legacy of relationship-driven banking to Traverse City. We look forward to partnering with local businesses, families, and entrepreneurs to support growth and long-term financial success throughout the region.”

Founded in 1870, First State Bank of Michigan is the state’s oldest continuously operating financial institution. Headquartered in Decatur, Michigan, the bank serves customers across Southwest and Southeast Michigan. The launch of Grand Traverse State Bank represents the next chapter in responsible growth—while honoring a longstanding tradition of stability, integrity, and community partnership.

About GTSB Financial, Inc.
GTSB Financial, Inc. is a bank holding company that acquired First State Bank of Michigan in October 2024. Headquartered in Decatur, Michigan, First State Bank operates as a subsidiary of GTSB Financial. Through expansion under the Grand Traverse State Bank name, GTSB Financial is committed to delivering personalized service, innovative financial solutions, and strong community partnerships throughout Michigan.
Contact:
Gregg Bigger
Executive Chairman and CEO
GTSB Financial, Inc.