Michelle Thatcher

Commercial Lender, VP

Horseback rider. Travel fanatic. Values accessibility.

Michelle Thatcher is the business lender you want on your team. Current customers describe her as a roll-your-sleeves-up lender who makes doing business as easy and seamless as possible. She has been with The Bank of Elk River for more than two decades and is a powerhouse in commercial real estate, plastics manufacturing, and medical equipment industries.

As a business owner, you will benefit greatly from Michelle’s ability to develop creative financial solutions for your specific needs. From working capital and commercial term loans to commercial real estate and SBA small business loans, she'll help you make informed decisions on the best products to fit your needs.

“Business loans can sometimes be an overwhelming process,” Michelle says. “It is my goal to make it as simple as possible. I accomplish that with consistent communication, being easily accessible, and tracking the project from start to completion.”

Michelle enjoys spending time with her husband and three children hiking Minnesota park trails, riding horseback, and traveling across the United States.

Industries Michelle Serves

While she has the experience to handle any lending opportunity, Michelle specializes in these areas.

  • Medical Equipment

  • Commercial Real Estate

  • Plastics Manufacturing

Steinwall, Inc.

What differentiates The Bank of Elk River is the time they take to understand our company, our goals, and the character of who we are as a business and as individuals. They share our commitment to quality, service, and value. Like-minded professionals like those at The Bank of Elk River are who I want to partner with, now and in the future.

-Maureen Steinwall, President

Let's Connect

You’ve got business goals, and I am here to help you reach them!