Overview / Commentary
51 Main Street
New London, MN 56273

Lake Region Bank is headquartered in New London and is the 149th largest bank in the state of Minnesota. It is also the 3,914th largest bank in the nation. It was established in 1915 and as of December of 2018, it had grown to 36 employees at 3 locations. Lake Region Bank has a C+ health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #10965
Year Established1915
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD10.86%
Annual Interest Income$4.4MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$113.4MM$113.6MM
LoansQ4 2018vs Q4 2017$57.6MM$59.6MM
DepositsQ4 2018vs Q4 2017$101.4MM$101.7MM
Equity CapitalQ4 2018vs Q4 2017$10.5MM$10.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$507.00K$364.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.5MM$329.00K
Real Estate OwnedQ4 2018vs Q4 2017$570.00K$350.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Lake Region 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 Region Bank Savings Account Rates

0.30%*$100k*-Premium Savings Account
OTHER TIERS: 0.03% $2.5k - $10k | 0.07% $10k - $25k | 0.10% $25k - $50k | 0.20% $50k - $100k
0.03%$25-Basic Savings Account
0.03%$25-Kids Cash Club
0.03%$25-Teen Savers Account

Lake Region Bank CD Rates

1.50%$1k-60 Month CD
1.10%$1k-48 Month CD
0.75%$1k-36 Month CD
0.45%$1k-24 Month CD
0.25%$1k-12 Month CD
0.10%$1k-182 Day CD

Lake Region Bank IRA Rates

1.50%$1k-60 Month IRA
1.10%$1k-48 Month IRA
0.75%$1k-36 Month IRA
0.45%$1k-24 Month IRA
0.25%$1k-12 Month IRA
0.10%$1k-182 Day IRA

Lake Region Bank Locations
Willmar Branch1690 South First StreetWillmar, MN 56201
Lake Region Bank51 Main StreetNew London, MN 56273
Branch Office219 Front StreetSunburg, MN 56289

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.