Lake Elmo Bank

Overview / Commentary
11465 39th Street North
Lake Elmo, MN 55042

Lake Elmo Bank is headquartered in Lake Elmo and is the 41st largest bank in the state of Minnesota. It is also the 1,873rd largest bank in the nation. It was established in 1911 and as of June of 2019, it had grown to 85 employees at 7 locations. Lake Elmo Bank's money market rates are 14% higher than the national average, and it has a B+ health rating.


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Health Grade Components

FDIC Certificate #15443
Year Established1911
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.82%
Return on Equity - YTD19.15%
Annual Interest Income$7.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$369.8MM$376.1MM
LoansQ2 2019vs Q2 2018$267.0MM$236.4MM
DepositsQ2 2019vs Q2 2018$327.0MM$339.1MM
Equity CapitalQ2 2019vs Q2 2018$36.9MM$31.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$3.8MM$3.4MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$588.00K$739.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$202.00K
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Always verify rates and promotions with the bank or credit union. We are not Lake Elmo Bank; 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.

Lake Elmo Bank Savings Account Rates

0.15%*$25k*-Health Savings Account
OTHER TIERS: 0.10% $1k - $10k | 0.12% $10k - $25k
0.05%--Christmas Club
0.05%$200-Traditional Savings
0.05%$200-Youth Savings
0.05%$200-Custodial Savings
0.03%$50-Thrift Savings

Lake Elmo Bank Money Market Rates

0.50%*$500k*-Money Market Savings
OTHER TIERS: 0.03% Up to $1k | 0.10% $1k - $10k | 0.12% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $100k | 0.30% $100k - $500k

Lake Elmo Bank Checking Account Rates

0.13%*$25k*-Integrity Checking
OTHER TIERS: 0.04% Up to $25k
0.04%--Relationship Checking
0.04%--Interest Checking
0.04%--Benefit Checking

Lake Elmo Bank CD Rates

1.80%*$25k*-60 Month CD
OTHER TIERS: 1.70% $1k - $25k
1.75%$25k-30 Month CD Special
1.50%*$25k*-48 Month CD
OTHER TIERS: 1.40% $1k - $25k
1.50%$25k-18 Month CD Special
1.40%*$25k*-36 Month CD
OTHER TIERS: 1.30% $1k - $25k
1.25%*$25k*-24 Month CD
OTHER TIERS: 1.15% $1k - $25k
1.15%$1k-30 Month CD
1.10%*$25k*-24 Month Step-Up CD Special
OTHER TIERS: 1.00% $1k - $25k
1.00%*$25k*-12 Month CD
OTHER TIERS: 0.90% $1k - $25k
0.95%$1k-18 Month CD
0.80%*$25k*-9 Month Add-vantage CD
OTHER TIERS: 0.70% $1k - $25k
0.70%*$25k*-6 Month CD
OTHER TIERS: 0.60% $1k - $25k

Lake Elmo Bank IRA Rates

1.80%*$25k*-60 Month IRA
OTHER TIERS: 1.70% $1k - $25k
1.50%*$25k*-48 Month IRA
OTHER TIERS: 1.40% $1k - $25k
1.40%*$25k*-36 Month IRA
OTHER TIERS: 1.30% $1k - $25k
1.25%*$25k*-24 Month IRA
OTHER TIERS: 1.15% $1k - $25k
1.15%$1k-30 Month IRA
1.00%*$25k*-12 Month IRA
OTHER TIERS: 0.90% $1k - $25k
0.95%$1k-18 Month IRA
0.70%*$25k*-6 Month IRA
OTHER TIERS: 0.60% $1k - $25k

Lake Elmo Bank Locations
Lake Elmo Bank11465 39th Street NorthLake Elmo, MN 55042
Stillwater Branch1937 South Greeley StreetStillwater, MN 55082
Inwood Avenue North Branch600 Inwood Avenue NorthOakdale, MN 55128

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