Community Stories
Nov 8, 2024

The Bank of Elk River Named Community Champion

The Minnesota Bankers Association (MBA) recently named the Bank of Elk River as a recipient of the Community Champion Award for the bank’s commitment to community involvement. 

"The Bank of Elk River is deeply committed to making a positive impact in our community. Our involvement goes beyond financial services; we actively participate in local events, volunteer initiatives, and support various community programs,” said Julia Schreifels, Director of Marketing and Communications. “We believe that by investing our time and resources, we can help build a stronger, more connected community. Our dedication to community involvement is a core part of our mission and values, and we are proud to contribute to the well-being and growth of the areas we serve.”

To date, The Bank of Elk River has donated more than $69,500, employees have logged 1,110+ volunteer hours, and the bank has participated in over 94 events.

“Minnesota banks provide an extraordinary level of commitment to the communities they serve,” said MBA President/CEO Joe Witt. “In addition to providing the capital that helps families and local businesses thrive, the banking industry’s record of supporting charitable and community causes is second to none. The MBA is pleased to recognize these banks for their commitment to making a real difference in their local communities.”

During the MBA’s September Community Impact Month, The Bank of Elk River proudly partnered with Meals on Wheels in addition to its regular volunteerism. A total of 38 employees volunteered 57 hours to deliver 280 meals to those in need. 

In total, 84 banks and 383 bank branches participated in Community Impact Month, devoting more than 3,600 volunteer hours, completing hundreds of community service projects, and donating tens of thousands of dollars to charitable organizations. More than 244 cities in Minnesota were impacted by these efforts.