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Auto Loans

February 3, 2023


Fast Application.
Competitive Rates.
Quick Decisions.

Looking for the new car, truck, van, or SUV of your dreams? Visit NADA for free vehicle pricing, reports and reviews. After you have found your vehicle, The Bank of Elk River can put you behind the wheel quickly and easily. We offer competitive rates at various terms! Our Loan Calculator can help you determine a down payment and monthly payment plan that is right for your budget. We offer pre-approvals so you can be confident when shopping for your next vehicle.

Ways to Apply


  • Competitive rates for new and used vehicles
  • Various terms available
  • Free Digital Banking for viewing loan information and making payments
*Annual Percentage Rate. Rates reflect discount of .25% for automatic payments from a Bank of Elk River account. APR may vary based on credit profile, loan amount, down payment, term of loan and collateral type. Loan subject to approval. Loan approval based on creditworthiness. Additional terms may be available. Rates, terms and conditions subject to change. Offer available 2/01/23 – 3/31/2023. Offer does not apply to existing The Bank of Elk River auto loans. Available on purchases or refinances of 2019 and newer automobiles.