The Bank of Elk River’s ownership announces the addition of Catherine M. Babcock to the bank’s board of directors. She has a background in communications, public relations and nonprofit work.
John Babcock, chairman of the board, said: “I am pleased with the addition of Catherine to the board. She will bring her thoughtful and creative thinking to our already strong group of directors.”
The Bank of Elk River is celebrating its 128th year as a family-owned and -operated community bank. Its main office is on Main Street in Elk River. Other locations include School Street in Elk River, 88th Street in Otsego, Second Street E. in Zimmerman, and inside the Elk River Wal-Mart. The bank has current assets of $365 million and employs more than 100 individuals.