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Press Releases
Nov 13, 2023
The Bank of Elk River was named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking™ for the fifth time.
The Bank of Elk River was recognized with the Institute’s Banky™ Award for its commitment to strong community banking. This recognition is given to only the top one percent of community banks across the country to help people find the best banks in their communities.
“We believe our success is intertwined with the prosperity of our community,” said John Babcock, President/CEO/Chairman of The Bank of Elk River. “This recognition is a testament to the commitment of our team, who go above and beyond to ensure we provide exceptional service to our customers and support to the communities we serve.”
The Extraordinary Banking™ Awards highlight local community banks' vital yet often overlooked role in our nation’s economy. Without a vibrant local banking industry, our small businesses and families often lack the have-your-back support of a true community bank that makes communities really thrive.
The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and local community they serve.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking™, proclaimed during the awards ceremony: “Community banks are the backbone of America. They are what keeps a community thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
The Bank of Elk River was recognized with the Institute’s Banky™ Award for its commitment to strong community banking. This recognition is given to only the top one percent of community banks across the country to help people find the best banks in their communities.
“We believe our success is intertwined with the prosperity of our community,” said John Babcock, President/CEO/Chairman of The Bank of Elk River. “This recognition is a testament to the commitment of our team, who go above and beyond to ensure we provide exceptional service to our customers and support to the communities we serve.”
The Extraordinary Banking™ Awards highlight local community banks' vital yet often overlooked role in our nation’s economy. Without a vibrant local banking industry, our small businesses and families often lack the have-your-back support of a true community bank that makes communities really thrive.
The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and local community they serve.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking™, proclaimed during the awards ceremony: “Community banks are the backbone of America. They are what keeps a community thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
