Rob Riedel

Director of Commercial Lending, SVP

Walleye fisherman. Outdoor enthusiast. Rotarian.

Rob Riedel is a passionate business lender who loves seeing his customers succeed. While Rob can handle any type of business, he specializes in commercial real estate transactions and heavy equipment financing. He has been in banking since the late 90s and at The Bank of Elk River since 2010.

Rob’s extensive background in banking and his ability to swiftly structure a sound deal has led to longstanding relationships with customers who continually refer Rob to other business owners. Customers often say they enjoy doing business with Rob because he sets clear expectations and has great follow-through.

“I strongly believe that people like to do business with people they like, know, and trust,” says Rob. “I thoroughly enjoy getting to know my customers on a personal and business basis, and I am always upfront and transparent with them.”

Rob is actively involved in St. Michael Albertville Rotary and can often be found out on a local lake.

Industries Rob Serves

While he has the experience to handle any lending opportunity, Rob specializes in these areas:

  • Manufacturing

  • Mergers and Acquisitions

  • Investment Real Estate

Erickson Asphalt

We've been a customer of The Bank of Elk River since 2007. As a business, you need to know who you're banking with and who the people are that are working there. The bank is your partner; with a good partner, your business can grow. The Bank of Elk River has been excellent in helping us with that growth.

-Dan Erickson, Co-Owner

Let's Connect

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