Who We Are


Team Approach | Unequalled Service | Making a Difference

Welcome to First Resource Bank!

First Resource Bank is focused on ensuring three simple principles are at the core of all we do: having a team approach, providing unequalled service, and making a positive impact in the communities we serve.

By implementing these simple tenets, the organization has experienced growth and an expanding client base. In April 2018, to further increase services, locations, and products to the growing organizations, the parent company of First Resource Bank and Eagle Valley Bank merged the institutions and retained the name First Resource Bank.

Today, First Resource Bank is a full service bank that continues serving the needs of small businesses, entrepreneurs, and individuals in the Twin Cities and surrounding areas. The company remains owned by a small group of entrepreneurs that understand the needs of our clients. We pride ourselves on providing prompt client service and simple lending and deposit solutions.

We intend to continue making a positive impact on the communities we serve. With branch offices located in Lino Lakes, Minneapolis and Stillwater, Minnesota, as well as St. Croix Falls, Wisconsin, we look forward to the opportunity to work with you! 


Board of Directors

At First Resource Bank, our Board is comprised of individuals with diverse backgrounds and an entrepreneurial focus. They set the tone for our approach to growth, our team-first culture, and our continuous drive to make a positive impact in the communities in which we live and work.

FRB Board















 Pictured Left to Right: Aaron Siegle - President, John Seidel - Director of Special Assets/Senior Credit Advisor, Tim Siegle - CEO, Larry Holtz - Chairman of Board/Retired from securities industry, Nick Vivian - Director & Lawyer, Charlie Anderson - Director & VP - Commercial Banking and Finance




























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