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In New York, Rasmuson eventually found employment in the financial field with Arthur Andersen & Co. He moved to Summit, New Jersey, where he met and married Lile Vivian Bernard on 27 October 1939. The couple moved to Houston, where Rasmuson managed a tax department for Arthur Andersen. In 1942, he transferred back to the New York office. That same year, Edward Anton, suffering from ill health, asked Elmer to be president of the Bank of Alaska. In 1943, EER returned to Alaska.
Under Elmer Rasmuson's guidance the National Bank of Alaska would become the first statewide branch banking system in Alaska. His son, Edward, would eventually follow in his footsteps and continue the family business.
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