Lake Region Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.50%	5-year CD	60 Month CD 2.50% - Ally Bank High Yield 5 Year CD
0.25%	1-year CD	12 Month CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.03%	Savings	Basic Savings Account 1.30% - Nationwide Bank Online Savings Account

View all Lake Region Bank rates »

Overview / Commentary

www.lakeregion.com

320-354-2011

51 Main Street
New London, MN 56273

Lake Region Bank is headquartered in New London and is the 151^st largest bank in the state of Minnesota. It is also the 4,035^th largest bank in the nation. It was established in 1915 and as of December of 2017, it had grown to 35 employees at 3 locations. Lake Region Bank has an A health rating.

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Health

A

Data as of Q4 2017

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Health Grade Components

Overall
FDIC Certificate #	10965
Year Established	1915
Employees	35
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.8%
Return on Equity - YTD	8.8%
Annual Interest Income	$4.1MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$113.6MM$105.7MM
Loans	Q4 2017vs Q4 2016	$59.6MM$57.7MM
Deposits	Q4 2017vs Q4 2016	$101.7MM$94.9MM
Equity Capital	Q4 2017vs Q4 2016	$10.2MM$9.4MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$364.00K$606.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$329.00K$1.3MM
Real Estate Owned	Q4 2017vs Q4 2016	$350.00K$208.00K

Rates

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* 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

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	Premium Savings Account
OTHER TIERS: 0.03% → $2,500 - $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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

Locations

Lake Region Bank Locations
Willmar Branch	1690 South First Street	Willmar, MN 56201
Lake Region Bank	51 Main Street	New London, MN 56273
Branch Office	219 Front Street	Sunburg, MN 56289

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