Lake Region Bank is a bank based in New London, Minnesota, established in 1915, with $151 million in total assets across 3 branches. By Trust Grade it ranks 161st of 224 banks we track in Minnesota. Its capital ratio of 7.7% trails most similarly sized banks (12th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.68% return on assets. No consumer complaints against Lake Region Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lake Region Bank compares to Minnesota peers
How we graded Lake Region Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.7% capital ratio)
- Strongly profitable (ROA 1.68%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lake Region Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 49 Front St Nw, Sunburg, MN 56289
- 1690 1st St S, Willmar, MN 56201
- 51 Main St S, New London, MN 56273
Are deposits at Lake Region Bank insured?
Yes. Lake Region Bank is an FDIC-insured bank (FDIC certificate #10965). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Lake Region Bank: frequently asked questions
Is Lake Region Bank a good bank?
Lake Region Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (7.7% capital ratio); Strongly profitable (ROA 1.68%).
Is Lake Region Bank FDIC-insured?
Yes. Lake Region Bank is a FDIC-insured bank (FDIC certificate #10965). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Lake Region Bank?
Lake Region Bank holds $151 million in total assets, ranking 161st of 224 banks we track in Minnesota. It operates 3 branches.
Does Lake Region Bank have CFPB complaints?
No CFPB complaints against Lake Region Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
