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The Bank of Elk River

✓ FDIC-insured · Active FDIC Certificate #1607

The Bank of Elk River is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Elk River, Minnesota, established in 1885. As of the 06/30/2026 FDIC call report, it reported $719M in total assets and $661M in deposits. FDIC location data lists 5 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company METRO NORTH BANCSHARES INC (Elk River, MN).

Total assets
$719M
Total deposits
$661M
Offices
5
Return on assets
0.83%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 5 of The Bank of Elk River's FDIC-listed offices are in Minnesota. Browse banks in Elk River for other local options.

Branch locations

The Bank of Elk River
The Bank Of Elk River · Full Service - Brick And Mortar
630 Main St Nw
Elk River, MN 55330
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The Bank of Elk River
School Street Office · Full Service - Brick And Mortar
846 Freeport Ave Nw
Elk River, MN 55330
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The Bank of Elk River
Otsego Office · Full Service - Brick And Mortar
15800 88th St Ne
Otsego, MN 55330
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The Bank of Elk River
Zimmerman Office Branch · Full Service - Brick And Mortar
26319 2nd St E
Zimmerman, MN 55398
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The Bank of Elk River
The Bank Of Elk River - Andover Branch · Full Service - Brick And Mortar
13879 Round Lake Blvd Nw
Andover, MN 55304
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Holding company: METRO NORTH BANCSHARES INC

The FDIC lists METRO NORTH BANCSHARES INC, based in Elk River, MN, as the top holding company for The Bank of Elk River. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Minnesota

Active FDIC-insured banks headquartered in Minnesota with total assets closest to The Bank of Elk River's $719M. See all banks in Minnesota.

BankHQ cityAssetsOffices
Highland BankSaint Paul$776M8
Alliance BankLake City$756M6
Platinum BankOakdale$739M2
FM BankWaseca$738M6
HomeTown BankCarver$692M11
Premier Bank MinnesotaHastings$691M12
BankVistaSartell$651M3
First Independent BankRussell$632M12

The Bank of Elk River: common questions

Is The Bank of Elk River FDIC-insured?

Yes. The Bank of Elk River is an active FDIC-insured institution, FDIC Certificate #1607. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is The Bank of Elk River headquartered?

The Bank of Elk River is headquartered at 630 Main St Nw, Elk River, MN 55330, according to FDIC records.

How many branches does The Bank of Elk River have?

FDIC location data lists 5 offices for The Bank of Elk River, all in Minnesota.

Who owns The Bank of Elk River?

The FDIC lists METRO NORTH BANCSHARES INC of Elk River, MN as the top holding company for The Bank of Elk River.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.