MINNESOTA LAKES BANK is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Delano, Minnesota, established in 06/24/1982. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 2 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, MINNESOTA LAKES BANK reported total assets of $141,257 and manages deposits totaling $127,296 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $488 thousands last year. For more details, visit their website at www.mnlb.bank.
Bank Information:
- Bank Name: MINNESOTA LAKES BANK
- Address: 710 Babcock Blvd E, Delano, Wright, MN, 55328
- Website: www.mnlb.bank
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
- Bank Class: State commercial bank, FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 2
- Number of Foreign Offices: 0
- Total Assets: $141,257
- Total Deposits: $127,296
- Domestic Office Deposits: $127,296
Financial Data:
- Net Income (Attributable to Bank): $488
Establishment and Record:
- Established Date: 06/24/1982
- Last Recorded Data on: 04/12/2024