Bank of Lake Mills

Overview / Commentary
136 East Madison Street
Lake Mills, WI 53551

Bank of Lake Mills is headquartered in Lake Mills and is the 99th largest bank in the state of Wisconsin. It is also the 2,628th largest bank in the nation. It was established in 1893 and as of June of 2020, it had grown to 42 employees at 2 locations. Bank of Lake Mills has an A+ health rating.


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Health Grade Components

FDIC Certificate #8695
Year Established1893
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD8.56%
Annual Interest Income$6.0MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$253.9MM$224.3MM
LoansQ2 2020vs Q2 2019$209.4MM$190.4MM
DepositsQ2 2020vs Q2 2019$203.0MM$178.6MM
Equity CapitalQ2 2020vs Q2 2019$31.0MM$27.3MM
Loan Loss AllowanceQ2 2020vs Q2 2019$2.1MM$2.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$338.00K$1.2MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
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Always verify rates and promotions with the bank or credit union. We are not Bank of Lake Mills; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Lake Mills Savings Account Rates

0.10%$25-Statement Savings
0.10%$25-Business Savings

Bank of Lake Mills Money Market Rates

0.30%*$100k*-Money Market Account
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k
0.30%*$100k*-Business Money Market
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k

Bank of Lake Mills Checking Account Rates

2.00%*-$10kInterest Bearing Checking
OTHER TIERS: 0.50% $10k+

Bank of Lake Mills CD Rates

1.01%$500-30 Month CD Special
0.80%$500-4 Year CD
0.75%$2.5k-14 Month CD Special
0.65%$500-3 Year CD
0.50%$500-2 Year CD
0.45%$500-18 Month CD
0.35%$500-1 Year CD
0.30%$500-1 Year SuperSaver CD
0.25%$2.5k-182 Day CD
0.20%$2.5k-91 Day CD

Bank of Lake Mills IRA Rates

1.01%$500-30 Month IRA Special
0.80%$500-4 Year IRA
0.75%$2.5k-14 Month IRA Special
0.65%$500-3 Year IRA
0.50%$500-2 Year IRA
0.45%$100-18 Month Variable Rate IRA
0.45%$500-18 Month IRA
0.35%$500-1 Year IRA

Bank of Lake Mills Locations
Bank Of Lake Mills136 East Madison StreetLake Mills, WI 53551
Watertown Branch400 Bernard StreetWatertown, WI 53094

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