Lake Elmo Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Lake Elmo, Minnesota, established in 08/01/1911. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 9 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Lake Elmo Bank reported total assets of $501,653 and manages deposits totaling $446,188 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $2,264 thousands last year. For more details, visit their website at www.lakeelmobank.com.
Bank Information:
- Bank Name: Lake Elmo Bank
- Address: 11465 39th St N, Lake Elmo, Washington, MN, 55042
- Website: www.lakeelmobank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 9
- Number of Foreign Offices: 0
- Total Assets: $501,653
- Total Deposits: $446,188
- Domestic Office Deposits: $446,188
Financial Data:
- Net Income (Attributable to Bank): $2,264
Establishment and Record:
- Established Date: 08/01/1911
- Last Recorded Data on: 04/12/2024