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Earn interest with this checking account and enjoy waived fees for those who are age 50 and older.

January 28, 2021


Learn more about the other checking options available!


  • Free Digital Banking
  • Free Mobile Deposit Banking
  • Free Bill Pay
  • Free eStatements or paper statement
  • Free The Bank Cash & Check Card with unlimited credits/debits5
  • Free check options
  • Earns interest2
  • Access to a nationwide network of surcharge-free ATMs through the MoneyPass network
  • 1/2% rate reduction on consumer installment loans with automatic transfer from a Bank of Elk River checking account1,4
  • $10 discount annually on Safe Deposit Box rental3
  • No fee for Cashiers Checks or MoneyGram money orders
  • Automatic transfers, automatic loan payments and direct deposit options


  • $750 minimum balance in checking
  • $25 minimum opening deposit
  • $10 monthly balance fee if minimum balance is not met
  • Balance fees are waived for customers age 50 or older

1 Subject to credit approval.

2 Your interest rate and annual percentage yield may change at any time at our discretion. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example checks). Interest will be compounded monthly and credited to your account on every monthly statement. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Fees may reduce earnings.

3 Subject to availability.

4 See lender for qualified loan products.

5 Daily dollar limits apply. Contact a Personal Banker for further information. Lost or damaged card fees may apply.