The Bank of Elk River

by Joni Astrup Associate Editor In 1974, Debbie Smith decided to take a break from college and work for awhile. A girlfriend was a receptionist at The Bank of Elk River and told Smith the bank was hiring. Smith applied and clinched a job after being interviewed by Pat Dwyer. Four decades later, she’s still [...]

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by Joni Astrup Associate Editor The Bank of Elk River has been featured prominently in a finance publication. Two bank leaders, John Babcock and Bill LaVigne, are pictured on the cover of “North-Western Financial Review” with the headline “Recession-Proof Commitment: Not even a nationwide financial crisis can shake Minnesota bank’s support for its community.” The [...]

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  by Bruce Strand, Arts Editor Once again this summer, residents of Elk River and the surrounding area were treated to free entertainment downtown on Thursday evenings: the Riverfront Concert Series, which ended this week. “Ladies of the 80’s,” a new entry in the concert series, closed the seventh season this week with Madonna, Cindi [...]

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Since The Bank of Elk River was chartered in 1885, the Babcock family has been part of the business, and recently the bank marked not only its 128th anniversary, but also the 90th birthday of its former chairman, Edmund P. Babcock (pictured). Edmund’s great-grandfather, Willard L. Babcock, started the bank as a partnership with other [...]

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During the month of April, The Bank of Elk River’s Zimmerman office has been offering free breakfast to celebrate Community Banking Month. Dine in or take it to eat on the run. Breakfast is available 7 to 9 a.m. Fridays. The Zimmerman office is located at 26319 Second St. E.

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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 [...]

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Glen Hardin has been promoted to director of commercial lending at The Bank of Elk River. Hardin has been in the banking industry for more than 36 years, spending the last 32 years assisting local businesses with their borrowing needs. “Glen has the expertise and leadership skills to continue the bank’s efforts to be the [...]

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