Awards

The Bank of Elk River Earns 5-Star Rating from Bauer Financial

The Bank of Elk River Earns 5-Star Rating from Bauer Financial

BauerFinancial, the Nation’s Premier Bank Rating Firm in Coral Gables, Florida, is proud to announce that The Bank of Elk River has earned its highest 5-star rating for the second consecutive year. A 5-star rating indicates that the bank excels in areas of capital adequacy, profitability, asset quality, community reinvestment, historical data, and liquidity.

“The financial health of the bank is of the utmost importance to us,” said John Babcock, Chairman, President and Chief Executive Officer of The Bank of Elk River. “Trust in a financial institution needs to be earned by customers and we are proud to share that the bank continues to be among the strongest financial institutions in the nation.”

BauerFinancial, Inc. has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Additional information can be found online at bauerfinancial.com.

The Bank of Elk River proudly serves the financial needs of individuals and businesses in Anoka, Elk River, Otsego, Zimmerman and the surrounding communities.

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