Featured Savings Rates
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Lake Region Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.50%5-year CD60 Month CD
0.25%1-year CD12 Month CD
0.03%SavingsBasic Savings Account

Overview / Commentary
320-354-2011
51 Main Street
New London, MN 56273

Lake Region Bank is headquartered in New London and is the 156th largest bank in the state of Minnesota. It is also the 4,160th largest bank in the nation. It was established in 1915 and as of September of 2017, it had grown to 36 employees at 3 locations. Lake Region Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #10965
Year Established1915
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD8.06%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$108.1MM$104.1MM
LoansQ3 2017vs Q3 2016$59.5MM$60.3MM
DepositsQ3 2017vs Q3 2016$96.2MM$92.6MM
Equity CapitalQ3 2017vs Q3 2016$10.2MM$10.0MM
Loan Loss AllowanceQ3 2017vs Q3 2016$304.00K$605.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$342.00K$1.3MM
Real Estate OwnedQ3 2017vs Q3 2016$496.00K$273.00K
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Premium Savings Account
OTHER TIERS: 0.03% $2,500 - $10k | 0.07% $10k - $25k | 0.10% $25k - $50k | 0.15% $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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Branch1690 South First StreetWillmar, MN 56201
Lake Region Bank51 Main StreetNew London, MN 56273
Branch Office219 Front StreetSunburg, MN 56289