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- The Bank Of Elk River
The Bank Of Elk River
A family-owned bank focused on providing fast, local decisions with a team of experienced and dedicated bankers. Our specialties include Commercial Banking, Business Financing, Financial Services, Digital Banking, Mortgages, Personal Banking, and Construction Loans.
Purpose
Being in business for over 140 years means we know what we are doing, and we do it well. As a 5th-generation, family-owned bank, we constantly challenge ourselves to deliver better, faster, more meaningful, personalized service. Our customers know our name, and we know generations of business owners. We are committed to making a difference in our customers' lives through our unceasing pursuit of innovation. As one of the larger community banks in Minnesota, we are proud to offer individualized service across the northwest metro with state-of-the-art technology and customized solutions for personal and business use. This unique approach is a critical differentiator between The Bank of Elk River and other financial institutions and has led to our rapid growth.
Vision
At The Bank of Elk River, our passion is people. Our customers, community, and colleagues are why we love to come to work every day. When people come together with a shared vision, we know that amazing things happen. We are a company of ambitious, tireless people working together to build a better financial future.
Mission
We live true to our mission statement focused on exceeding customer expectations, providing meaningful community service, appreciating our employees, and maintaining a sound financial institution while encouraging growth and enhancing shareholder value.
Additional Culture Details
In the last seven years, the Bank of Elk River has won 50+ local, state, and national awards for financial stability, culture, community partnership, and more. Additionally, our CFO, Director of Marketing and Communications, SVP of Commercial Lending, and Director of Information Security and Technology have all received awards in various fields of expertise. So far in 2026, The Bank of Elk River has already received the Best Bank Award, Best Mortgage Lender Award, and the Bauer Financial Award..
Values
- We Put People First
- Our customers, coworkers, and communities inspire us every day. We are dedicated to your success and believe that by building strong relationships, empowering our team to make decisions, and developing genuine connections, we all succeed.

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