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Lake Region Bank is an FDIC insured institution headquartered at
51 Main St S, New London, MN 56273.
It was founded in
1915 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
0.03% | $2,500 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
0.10% | $10,000 | Compare |
|
6 Mo CD
|
0.10% | $100,000 | Compare |
|
12 Mo CD
|
0.25% | $10,000 | Compare |
|
12 Mo CD
|
0.25% | $100,000 | Compare |
|
24 Mo CD
|
0.45% | $10,000 | Compare |
|
24 Mo CD
|
0.45% | $100,000 | Compare |
|
36 Mo CD
|
0.75% | $10,000 | Compare |
|
36 Mo CD
|
0.75% | $100,000 | Compare |
|
48 Mo CD
|
1.10% | $10,000 | Compare |
|
48 Mo CD
|
1.10% | $100,000 | Compare |
|
60 Mo CD
|
1.50% | $10,000 | Compare |
|
60 Mo CD
|
1.50% | $100,000 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
0.03% | $2,500 | Compare |
|
Money Market
|
0.07% | $10,000 | Compare |
|
Money Market
|
0.10% | $25,000 | Compare |
| Loans Amounts from $25,000 - $500,000. | $0 |
|
Intro APR: 6.823 %
After Intro:6.823 % |
$25,000 |
|
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
Figure Home Equity NMLS ID: 1717824 / Updated 2025-09-22 |
Intro APR: 6.950 %
After Intro:6.950 % |
$15,000 |
Four Leaf Federal Credit Union NMLS ID: 449104 / Updated 2025-12-22 |
Intro APR: 5.990 %
After Intro:7.000 % Intro Period: 12 months |
$25,000 |
|
Intro APR: 7.375 %
After Intro:7.375 % Intro Period: 7 months |
$25,000 |
| Cash in with a HELOC | $0 |
Unlock Technologies, Inc. NMLS ID: Not a Lender / Updated 2026-06-17 |
Get cash now in exchange for a percentage of your homes future equity. | $0 |
AmeriSave Mortgage Corporation NMLS ID: 1168 / Updated 2026-06-17 |
Home Equity Loans & Refinance – Cash out | $0 |
CrossCountry Mortgage, LLC NMLS ID: 3029 / Updated 2026-06-17 |
Unlock Your Home's Potential | $0 |
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $750k online. | $0 |
| 6.039% |
$1,893
Fees & Points
$5,699 Total
0.625 Pts ($2,000) $3,699 Fees |
Saxton Mortgage NMLS ID: 1717191 |
6.098% |
$1,919
Fees & Points
$3,471 Total
0.680 Pts ($2,176) $1,295 Fees |
iheartloan Inc. NMLS ID: 2562839 |
6.119% |
$1,893
Fees & Points
$8,481 Total
1.000 Pts ($3,200) $5,281 Fees |
Copperstate Home Loans NMLS ID: 1982090 |
6.129% |
$1,919
Fees & Points
$4,559 Total
1.000 Pts ($3,200) $1,359 Fees |
Basis Lending, LLC NMLS ID: 2463124 |
6.168% |
$1,919
Fees & Points
$5,914 Total
0.750 Pts ($2,400) $3,515 Fees |
| 6.219% |
$1,945
Fees & Points
$3,305 Total
1.000 Pts ($3,200) $105 Fees |
Simply PMG NMLS ID: 133739 |
6.225% |
$1,945
Fees & Points
$3,401 Total
0.658 Pts ($2,106) $1,295 Fees |
Watermark Home Loans NMLS ID: 1838 |
6.235% |
$1,945
Fees & Points
$3,862 Total
0.698 Pts ($2,234) $1,628 Fees |
Mutual of Omaha Mortgage, Inc. NMLS ID: 1025894 |
6.286% |
$1,919
Fees & Points
$9,866 Total
0.958 Pts ($3,066) $6,800 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
6.325% |
$1,971
Fees & Points
$2,554 Total
0.798 Pts ($2,554) $0 Fees |
Valley West Mortgage NMLS ID: 65506 |
6.341% |
$1,971
Fees & Points
$3,175 Total
0.625 Pts ($2,000) $1,175 Fees |
| 6.343% |
$1,971
Fees & Points
$3,149 Total
0.984 Pts ($3,149) $0 Fees |
| 6.366% |
$1,971
Fees & Points
$4,158 Total
0.913 Pts ($2,922) $1,236 Fees |
Sage Home Loan Corporation NMLS ID: 3304 |
6.378% |
$1,971
Fees & Points
$4,320 Total
0.883 Pts ($2,826) $1,494 Fees |
PenFed Credit Union NMLS ID: 401822 |
6.391% |
$1,971
Fees & Points
$4,795 Total
0.875 Pts ($2,800) $1,995 Fees |
West Capital Lending NMLS ID: 1566096 |
6.474% |
$1,997
Fees & Points
$3,317 Total
0.632 Pts ($2,022) $1,295 Fees |
Northpointe Bank NMLS ID: 447490 |
6.485% |
$1,997
Fees & Points
$3,718 Total
0.726 Pts ($2,323) $1,395 Fees |
Allied Mortgage Group, Inc. NMLS ID: 1067 |
6.571% |
$2,021
Fees & Points
$2,685 Total
0.839 Pts ($2,685) $0 Fees |
Filo Mortgage, L.L.C. NMLS ID: 1928741 |
6.592% |
$2,023
Fees & Points
$3,088 Total
0.965 Pts ($3,088) $0 Fees |
SoFi NMLS ID: 696891 |
6.856% |
$2,076
Fees & Points
$3,482 Total
0.621 Pts ($1,987) $1,495 Fees |
CrossCountry Mortgage NMLS ID: 3029 |
Fees & Points
Total
Pts ($0) $0 Fees |
Allied Mortgage Group, Inc. NMLS ID: 1067 |
Fees & Points
Total
Pts ($0) $0 Fees |
|
Fees & Points
Total
Pts ($0) $0 Fees |
Veterans United Home Loans NMLS ID: 1907 |
Fees & Points
Total
Pts ($0) $0 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 10965 |
| Date Established | 1915 |
| Assets | $ 143.50 million |
| Loans | $ 73.00 million |
| Deposits | $ 129.16 million |
| Capital | $ 13.44 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 8.99 million |
| Interest-bearing balances | $ 6.97 million |
| Total securities | $ 56.90 million |
| Federal funds sold and reverse repurchase | $ 0.09 million |
| Net loans and leases | $ 73.00 million |
| Loan loss allowance | $ 0.75 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 0.36 million |
| All other assets | $ 2.62 million |
| Total Assets | $ 130.07 million |
| LIABILITIES | |
| Total deposits | $ 129.16 million |
| Interest-bearing deposits | $ 88.49 million |
| Deposits held in domestic offices | $ 129.16 million |
| % insured (estimated)" | 86.96% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | N.A. |
| Subordinated debt | N.A. |
| All other liabilities | $ 0.75 millionn |
| Total Liabilities | $ 130.07 million |
| Shareholders’ Equity | $ 13.44 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 7.03 million |
| Total Interest Expense | $ 0.85 million |
| Net interest income | $ 6.18 million |
| Provision for loan and lease losses | $ 0.17 million |
| Total non interest income | $ 2.30 million |
| Total non interest expense | $ 5.80 million |
| Pre-tax Net Operating Income | $ 1.10 million |
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