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February 4, 2023

Whether you're saving for a rainy day, a new boat, or the home of your dreams, The Bank of Elk River has a savings account to fit your needs. We offer the right combination of flexibility and accessibility, along with competitive interest rates.

The Bank of Elk River provides convenient, easy access to your savings accounts online, on the phone or in-person at any of our locations or ATMs. In addition, all of our savings accounts come with the added security of FDIC Insurance.

Want help choosing an account? Our Savings Account Guide can help you select the one that’s right for you.

Money Market
Premier Savings

Enjoy high interest rates when you maintain your minimum balance with the Money Market Premier Savings account.

Money Market
Plus Savings

Have your money work for you by earning money market rates. The higher the balance, the higher interest rate you can earn.

Money Market

Earn money market rates but with a lower balance requirement with our Money Market Savings account.


Looking for a way to save money and earn interest? Check out our Statement Savings account.


Want to start saving but only have $25 to start? Consider the Economy Savings account.

Health Savings
Account (HSA)

Health Savings Accounts provide a creative way to save pre-tax dollars and use them for qualified medical expenses. Funds can roll over year to year helping you save for future health-related expenses.