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Personal Savings

Build a brighter future with a smart savings strategy

Set up an emergency fund or set aside money for a major purchase, college bills, home upgrades or anything else you might need. Whatever your goals are, First Bank Elk River offers a choice of savings tools that can help you reach them.

Traditional Savings

Build your balance with regular deposits and automatic transfers through Online or Mobile Banking.

Money Market Savings

Money Markets offer an ideal combination of higher earnings, fast access to funds and guaranteed returns on your deposits.

Premium Money Market Savings

Earn investment-level returns without tying up your money in long-term investment products.

First Dollars Savings

Teach your children or grandchildren about the benefits of saving and the basics of managing their own account.

Personal Loans

We have loans for many types of needs.

Unlock your dreams. Start today with our flexible personal loans.

Personal Lending

Traditional Savings

Earn competitive interest
Manage funds with digital banking tools
Avoid $4 monthly fee by keeping minimum balance of at least $200

Money Market Savings

Money Markets generally feature higher earnings rates than standard savings accounts
With our tiered rate system, bigger balances can earn better returns
Maintain a minimum balance of $2,500 to avoid a $10 monthly fee
Access funds quickly and conveniently through Online or Mobile Banking or at First Bank Elk River branches

Premium Money Market Savings

Premium Money Markets are designed for customers who maintain higher balances
Maintain a minimum balance of $25,000 to avoid a $10 monthly fee
Access funds quickly and conveniently through Online or Mobile Banking or at First Bank Elk River branches