First Resource Bank

About Us

First Resource Bank is built on Three Core Values: Providing Unequaled Service, Having a Team Approach, and Making a Positive Impact in the Communities We Serve.

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 and First Resource took place in 2018, resulting in the current name. In 2022, First Resource Bank acquired Lake Area Bank branches in Forest Lake and Lindstrom, Minnesota and became an SBA Preferred Lender. Continuing its growth trajectory, in 2023, First Resource Bank launched OnPoint Association Banking, dedicated to serving its expanding client base of associations and property management companies within and beyond Minnesota, furthering its posture as one of the fastest growing banks in the region. In April 2026, First Resource Bank acquired First State Bank of Wyoming, gaining branches in Wyoming and Stacy, Minnesota, and expanding its footprint across key Midwestern markets.

Today, with offices in Forest Lake, Lindstrom, Lino Lakes, Mill District, Stillwater, Stacy, Wyoming, 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 and continuing to grow.