Press Releases
Oct 16, 2023

The Bank of Elk River Hires Devin Odegard as Commercial Lender

The Bank of Elk River is happy to welcome Devin Odegard as its newest commercial lender.

Odegard joins The Bank of Elk River with over 25 years of business banking experience working across the Twin Cities metro. Having worked at several community financial institutions, Odegard brings a wealth of knowledge working with commercial real estate, investment properties, manufacturing financing, SBA 504 and 7A loans, and anything in between.

“We are thrilled to welcome Devin to The Bank of Elk River team,” said John Babcock, President, CEO, and Chairman of The Bank of Elk River. “Devin has had an impressive banking career and exemplifies many of the qualities important in being a community banker.”

Odegard lives locally and enjoys time with his wife and three children. He can also be found out on the golf course, competitively racing, or enjoying side-by-side trips.  

“The favorite part of my job is listening to what a customer needs and partnering together to build the right financial solution,” said Odegard. “Focusing on both the short-term and long-term business needs ensures we have a strategic approach that allows me to put together timely and creative financial solutions. I am very happy to be working for a strong, well-known bank and look forward to helping businesses grow.” 

“I have known Devin for over ten years and have always been impressed with him professionally and personally. I am very pleased Devin is joining our team of experienced lenders,” said Rob Riedel, Director of Commercial Lending.

The Bank of Elk River is confident that Odegard’s leadership and expertise will be instrumental in its continued growth and success in its lending operations.