The Bank of Elk River is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Elk River, Minnesota, established in 01/01/1885. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 4 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, The Bank of Elk River reported total assets of $665,281 and manages deposits totaling $632,259 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $1,341 thousands last year. For more details, visit their website at www.thebankofelkriver.com.
Bank Information:
- Bank Name: The Bank of Elk River
- Address: 630 Main St Nw, Elk River, Sherburne, MN, 55330
- Website: www.thebankofelkriver.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 4
- Number of Foreign Offices: 0
- Total Assets: $665,281
- Total Deposits: $632,259
- Domestic Office Deposits: $632,259
Financial Data:
- Net Income (Attributable to Bank): $1,341
Establishment and Record:
- Established Date: 01/01/1885
- Last Recorded Data on: 04/12/2024