About Us

• The Bank of Elk River is an independent community bank, family-owned and operated since 1885. We proudly serve Elk River, Zimmerman, Otsego, and surrounding communities. The Bank of Elk River is one of the largest community banks in the state of Minnesota, with over $400 million dollars in assets. The Bank of Elk River’s 100+ highly trained employees are here to help with your banking needs. From mobile banking to cash management, we offer a wide range of personal and business banking solutions. Let us help you with your personal financial needs, from personal checking and savings accounts to loans or lines of credit. We offer a wide range of personal banking solutions: certificate of deposit, free online banking, free online bill pay, e-statements, customized online banking, electronic transfers, remote deposit anywhere, mobile banking solutions, business mobile solutions, Certificate of Deposit Registry (CDARS), CDs and IRAs. Additional services include Notary Services (free to customers, with a nominal charge to non-customers), direct deposit, Safe Deposit Boxes, gift cards, and 24-hour Night Deposit. When it comes to the financial needs of your business, The Bank of Elk River has you covered. As an SBA Preferred Lender, we offer products and services that support the business community: business checking, business savings accounts, business financing, online business banking, and mobile business banking solutions. The Bank of Elk River offers mobile banking solutions that are available to both our personal and business customers. Our mobile banking options work well for busy people on the go: mobile deposit, telephone banking, and text banking. We offer real time fraud detection with The Bank of Elk River’s SMS Guardian Mobile Alert System. Our mobile banking apps are designed for iOS® and Android™ devices. As your local community bank, we pride ourselves on exceeding customer expectations with our superior service and quality products. Contact The Bank of Elk River today to discuss banking solutions that are right for you.