Lake Area Bank, Forest Lake Branch

Name:Lake Area Bank, Forest Lake Branch
Full Service Brick and Mortar Office
Review:1 client review
Location:808 W. Broadway, Suite D
Forest Lake, MN 55025

Washington County
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FDIC Cert:#1390
Established:2019-07-01


The Bank

Name:Lake Area Bank
Concentration:Commercial Lending Specialization
Established:1915-10-22
FDIC Insurance:1934-01-01
Holden By:Waseca Bancshares Inc
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:5, view all, view on map
Website:www.lakeareabank.com
Total Assets:$438,392,000
Total Deposits:$344,347,000
Total Equity Capital:$52,387,000
Total Domestic Office Deposits:$344,347,000
Net Income:$5,614,000
Quarterly Net Income:$2,708,000
Return on Assets:3%
Quarterly Return on Assets:2%
Return on Equity:22%
Quarterly Return on Equity:21%
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Client Review

1 client review of Lake Area Bank scored 5 out of 5.

loss password unable to secure
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by buddybj, May. 24, 2012

i realize this is not the subject here, but if you could please help me i would be very happy person. thank you jerry frederick

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on Lake Area Bank, Lake Area Bank at Lindstrom, MN
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