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Bank of Lake Mills


Overview / Commentary
www.bankoflakemills.com
920-648-8336
136 East Madison Street
Lake Mills, WI 53551

Bank of Lake Mills is headquartered in Lake Mills and is the 105th largest bank in the state of Wisconsin. It is also the 2,694th largest bank in the nation. It was established in 1893 and as of September 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
A+

Data as of Q3 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #8695
Year Established1893
Employees42
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.82%
Return on Equity - YTD14.62%
Annual Interest Income$9.0MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$245.3MM$228.1MM
LoansQ3 2020vs Q3 2019$203.9MM$194.7MM
DepositsQ3 2020vs Q3 2019$209.0MM$176.9MM
Equity CapitalQ3 2020vs Q3 2019$31.3MM$28.8MM
Loan Loss AllowanceQ3 2020vs Q3 2019$2.2MM$2.0MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$376.00K$1.1MM
Real Estate OwnedQ3 2020vs Q3 2019$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$25-Statement Savings
0.05%$25-Business Savings

Bank of Lake Mills Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$10kInterest Advantage Checking
OTHER TIERS: 0.50% → $10k+

Bank of Lake Mills CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$500-4 Year CD
0.55%$500-3 Year CD
0.45%$500-2 Year CD
0.40%$500-18 Month CD
0.30%$500-1 Year CD
0.25%$500-1 Year SuperSaver CD
0.20%$2.5k-182 Day CD
0.10%$2.5k-91 Day CD

Bank of Lake Mills IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$500-4 Year IRA
0.55%$500-3 Year IRA
0.45%$500-2 Year IRA
0.40%$100-18 Month Variable Rate IRA
0.40%$500-18 Month IRA
0.30%$500-1 Year IRA
Locations


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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