About Us
Experience Reliance Bank and our commitment to people. The best rates and products around. A local approach. Reliance Bank is redefining service. Whether you’re looking to open personal, business or non-profit accounts, our professional staff will help you with products and services that meet your needs.
When you contact us with questions, we'll respond with answers that make sense for you, right here, right now. Let us show you what service can be.
Our History
On August 13, 2007 Reliance Bank opened its doors to the community of Faribault as a State Chartered, FDIC insured, full-service bank. Staffed with nine experienced bank employees, Reliance set off on a mission to become the best community bank. After its first full year of operation, Reliance Bank was given the coveted Faribault Area Chamber of Commerce “New Business Spotlight” award.
We are well on our way to accomplishing our mission through our efforts to “Redefine Service”. Reliance Bank’s success and pride is evident through growth and increased staffing to meet the banking needs of our customer base.
Today, Reliance Bank is a well-established financial services leader providing a full-service line of personal and business banking products with emphasis on technology and small business relationships. Visit us at our beautiful bank location in Faribault, browse our website or give us a call. It is our mission to make your banking experience efficient, profitable and enjoyable!
Community Involvement
The entire staff at Reliance Bank takes great pride in being involved in community initiatives. This is done in a variety of ways bringing fun and awareness to many causes. Each year since the bank opened, an employee has been involved in the Faribault Future leadership program. This program identifies emerging leaders to develop and broaden their knowledge of the community and inspire them to become leaders. The staff of Reliance Bank also supports many fundraising campaigns and is proud to be a part of community organizations such as the Faribault Chamber of Commerce, the United Way, Big Brothers Big Sisters, Ruth’s House, River Bend Nature Center, Paradise Center for the Arts, Rotary and Sertoma. Thanks for allowing us to help make our community a better place to live and work.
Basic Blessings Backpack Program
Reliance Bank and MRG Tool and Die are excited to announce that as of the school year of 2021 the Community Action Center of Faribault, Non-Profit Organization, has taken over the Basic Blessing Program.
In March of 2010, the program was started to help bridge the gap for children who rely on the school meal program for their primary meals. The program is currently serving Jefferson, Roosevelt and Lincoln Elementary Schools as well as the Cannon River Educational Center and the Faribault Middle School. Due to the continued demand and growth of the program, the Community Action Center of Faribault has decided to continue serving these children by taking over this program.
Any questions regarding volunteering for the Basic Blessings Program can be directed to the Community Action Center of Faribault at (507) 664-3789 or 1400 Cannon Circle, Suite #8, Faribault, MN 55021.
