The Bank of Elk River
The Bank of Elk River received 117 applications in 2025 and made 95 mortgages, in 23 counties across 2 states. The median rate its borrowers got was Not published on a median loan of $285,000. Of 115 decisions, 5 were denials — 4.4%.
| Legal Entity Identifier | 549300M5DZ6P9KNT7H33 |
|---|---|
| Applications received | 117 |
| Mortgages made | 95 |
| Denied | 5 |
| Approved, not taken up | 15 |
| Withdrawn or incomplete | 2 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | Not published |
| FDIC-insured bank | Yes: The Bank of Elk River, 4 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 59 | Not published | $375,000 | 4.1% |
| Refinancing | 23 | Not published | $165,000 | 7.1% |
| Other purposes | 13 | Not published | $125,000 | 0.0% |
Where The Bank of Elk River lends most
The 23 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Sherburne County, MN | 32 | Not published | 6.7% |
| Hennepin County, MN | 15 | Not published | 0.0% |
| Wright County, MN | 12 | Not published | 0.0% |
| Anoka County, MN | 7 | Under 10 loans | 12.5% |
| Ramsey County, MN | 5 | Under 10 loans | 0.0% |
| Mille Lacs County, MN | 4 | Under 10 loans | 0.0% |
| Crow Wing County, MN | 2 | Under 10 loans | 0.0% |
| Isanti County, MN | 2 | Under 10 loans | 33.3% |
| Scott County, MN | 2 | Under 10 loans | 0.0% |
| Stearns County, MN | 2 | Under 10 loans | 0.0% |
| Washington County, MN | 2 | Under 10 loans | 0.0% |
| Citrus County, FL | 1 | Under 10 loans | 0.0% |
| Lee County, FL | 1 | Under 10 loans | 0.0% |
| Aitkin County, MN | 1 | Under 10 loans | 0.0% |
| Chisago County, MN | 1 | Under 10 loans | 0.0% |
| Dakota County, MN | 1 | Under 10 loans | 0.0% |
| Douglas County, MN | 1 | Under 10 loans | 0.0% |
| Hubbard County, MN | 1 | Under 10 loans | 0.0% |
| Morrison County, MN | 1 | Under 10 loans | 0.0% |
| Norman County, MN | 1 | Under 10 loans | 0.0% |
| Olmsted County, MN | 1 | Under 10 loans | 0.0% |
| Cass County, MN | 0 | Under 10 loans | 0.0% |
| Pine County, MN | 0 | Under 10 loans | 0.0% |
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When The Bank of Elk River’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.