Lake Region Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in New London, Minnesota, established in 01/12/1915. Operating with a focus on Other Specialized Under 1 Billion, it offers a broad range of financial services across its 3 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Lake Region Bank reported total assets of $144,237 and manages deposits totaling $133,504 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $625 thousands last year. For more details, visit their website at www.lakeregion.com.
Bank Information:
- Bank Name: Lake Region Bank
- Address: 51 Main St S, New London, Kandiyohi, MN, 56273
- Website: www.lakeregion.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: Other Specialized Under 1 Billion
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 3
- Number of Foreign Offices: 0
- Total Assets: $144,237
- Total Deposits: $133,504
- Domestic Office Deposits: $133,504
Financial Data:
- Net Income (Attributable to Bank): $625
Establishment and Record:
- Established Date: 01/12/1915
- Last Recorded Data on: 04/12/2024