Press Releases
Sep 30, 2024

The Bank of Elk River Again Named Top Extraordinary Bank in the Nation

The Bank of Elk River was named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking™ for the sixth 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 five percent of community banks across the country to help people find the best banks in their communities.

“Our success is fundamentally linked to the well-being of our community,” emphasized John Babcock, President/CEO/Chairman of The Bank of Elk River. “This recognition is a testament to our team’s unwavering dedication to not only providing exceptional service to our customers but also making a significant positive impact on 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 communities they serve. 

Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking™, proclaimed during the awards ceremony: “Community banks recognize aspirations, dreams, and silent hopes of small businesses and individuals within their communities. The heart and soul of an extraordinary community bank is the visionary blueprint for the community's success and ability to enact that plan. Those banks, Top 5 Percenters™ in the industry, were chosen to receive this year’s Banky awards.”