First Resource Bank is built on Three Core Values:
By implementing these simple tenets, the organization has experienced growth and an expanding client base.
First Resource Bank originated as Eagle Valley Bank, chartered in St. Croix Falls, Wisconsin, in 1919. In 2017, the parent company expanded with the acquisition of First Resource Bank. The merger between Eagle Valley Bank and First Resource Bank took place in 2018, resulting in the current name. In 2022, First Resource Bank acquired two Lake Area Bank branches located in Forest Lake and Lindstrom, Minnesota. In that same year, First Resource Bank achieved the status of becoming an SBA Preferred Lender. Continuing its growth trajectory, in 2023, First Resource Bank launched OnPoint HOA Financial, dedicated to serving its expanding client base of HOAs and property management companies within and beyond Minnesota, furthering its posture as one of the fastest growing banks in the region.
Today, with offices in Forest Lake, Lindstrom, Lino Lakes, Mill District, Stillwater, and St. Croix Falls, First Resource Bank remains committed to offering comprehensive banking services for small businesses, entrepreneurs, and individuals. While we take pride in delivering prompt client service and providing straightforward lending and deposit solutions, we recognize that our people are the cornerstone of our success. We eagerly anticipate further strengthening this foundation as we continue to make history while providing unequaled service, having a team approach, and making a positive impact in the communities we serve.
© First Resource Bank 2024, All Rights Reserved.