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Bank & ATM Locations
Main Street Office
Investment Center
Inside The Bank of Elk River
630 Main Street
Elk River, MN 55330
Phone: 763-241-8568
Fax: 763-441-0847
view more info
630 Main Street
Elk River, MN 55330
Phone: 763-241-8568
Fax: 763-441-0847
view more info
Elk River Coborn's
Elk River Wal-Mart
Maple Grove Wal-Mart
Otsego Office
School Street Office
Zimmerman Office
Checking
Free Small Business Checking
No monthly basic fee
No charge per debit item up to 200
Each item over 200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.20
No charge per item deposited up to 100
Each item over 100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.20
No minimum balance requirement
Minimum opening balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25.00
- Monthly statement with check images
- Free online banking
- Free InfoLine access
- Depository for Federal taxes
- Visa & MasterCard merchant accounts
- Wire transfers
- Simplified Employee Pension (SEP) plans
- Business Ready Reserve (overdraft protection)*
* Upon credit approval
Business Checking
With Business Checking, you receive an earnings credit based on your balance that can be used to offset service charges.
Monthly basic fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6.50
Charge per debit item . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.10
Charge per item deposited
Checks drawn on us . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0
Checks not drawn on us . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.08
Minimum opening balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25.00
The Earnings Credit is the Fed Fund Target Rate* less 1% applied toward the service charge for every $100 Average Monthly Collected Balance maintained.
* As published in the Wall Street Journal on the 1st day of each month.
- No minimum balance requirements
- Monthly statement with front and back images of checks
- Free online banking
- Free InfoLine access
- Depository for Federal taxes
- Visa & MasterCard merchant accounts
- Wire transfers
- Simplified Employee Pension (SEP) plans available
- Business Ready Reserve (overdraft protection)**
** Upon credit approval
Business Checking with Interest
(For sole proprietors and non-profit organizations)
Regular Business Checking fees apply. Interest is compounded and paid monthly at the same interest rate as our Personal Checking with Interest account.
The earnings credit does not apply to Business Interest Checking Accounts.
Interest rate and APY may change at any time.
Interest rate and APY may change at any time.
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