Bank Index

The Bank of Elk River

Bank · Elk River, United States · overall 5.3 / 10

Open in Bank Index

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

The Bank of Elk River is recorded in the global register as a bank in Elk River, United States. The register shows its licence as licensed. Total assets 0.72 bn USD at 2026-06-30. It reports 4 offices. Established 1885. Collected from open registers.

Legal name
The Bank of Elk River
Licence confirmed
yes, on a regulator's own list
Established
1885
LEI
549300M5DZ6P9KNT7H33
Website
thebankofelkriver.com

Scores, 0 to 10

7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “Features & Perks No monthly service charge 100 free debit transactions per statement cycle 100 free deposit items per statement cycle (deposited check” · source
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Financial strength & stability
· source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.