Lake Region Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.50%	5-year CD	60 Month CD 2.35% - Synchrony Bank 60 Month CD
0.25%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.03%	Savings	Basic Savings Account 1.15% - CIT Bank Spring Savings

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 159^th largest bank in the state of Minnesota. It is also the 4,242^nd largest bank in the nation. It was established in 1915 and as of March of 2017, it had grown to 36 employees at 3 locations. Lake Region Bank has a B health rating.

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Health

B

Data as of Q1 2017

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Health Grade Components

Overall
FDIC Certificate #	10965
Year Established	1915
Employees	36
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.38%
Return on Equity - YTD	4.28%
Annual Interest Income	$975.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$106.3MM$106.8MM
Loans	Q1 2017vs Q1 2016	$58.5MM$57.4MM
Deposits	Q1 2017vs Q1 2016	$95.1MM$92.5MM
Equity Capital	Q1 2017vs Q1 2016	$9.7MM$9.7MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$442.00K$386.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$1.2MM$1.6MM
Real Estate Owned	Q1 2017vs Q1 2016	$590.00K$495.00K

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
0.20%^*	$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

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