Featured Savings Rates
Featured Accounts
Overview / Commentary
320-354-2011
51 Main Street
New London, MN 56273

Lake Region Bank is headquartered in New London and is the 151st largest bank in the state of Minnesota. It is also the 4,035th 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.

Reviews

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



Health

Health Grade Components

Overall
FDIC Certificate #10965
Year Established1915
Employees35
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD8.8%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$113.6MM$105.7MM
LoansQ4 2017vs Q4 2016$59.6MM$57.7MM
DepositsQ4 2017vs Q4 2016$101.7MM$94.9MM
Equity CapitalQ4 2017vs Q4 2016$10.2MM$9.4MM
Loan Loss AllowanceQ4 2017vs Q4 2016$364.00K$606.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$329.00K$1.3MM
Real Estate OwnedQ4 2017vs Q4 2016$350.00K$208.00K
Rates
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

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

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 feedback@depositaccounts.com 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.