Lake Central Bank
Annandale, MN · State, non-member commercial bank
Sonar Score
Strong
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $291.3M
- Total deposits
- $257.3M
- Branches
- 3
- Return on assets
- 2.39%
- Return on equity
- 22.75%
- Charter type
- State, non-member commercial bank
- Established
- 1893
- FDIC cert #
- 10989
How the 87 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Efficient use of shareholder capital.
Community-scale institution.
Your deposits at Lake Central Bank
Lake Central Bank is an FDIC-insured institution (Cert #10989). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
3 branch locations
700 State Highway 24 North
Clearwater, MN 55320
40 Chestnut St W
Annandale, MN 55302
2010 Minnesota Ave
Benson, MN 56215
Sponsored · we may earn a commission
Earning enough on your savings?
Many big-bank savings accounts pay near 0%. Compare today's top high-yield savings and CD rates from FDIC-insured banks before you decide where to keep your cash.
Compare savings ratesOther banks in Minnesota
Ameriprise Bank, FSB
Minneapolis, MN
Bridgewater Bank
Saint Louis Park, MN
Frandsen Bank & Trust
Lonsdale, MN
Stearns Bank National Association
Saint Cloud, MN
Minnwest Bank
Redwood Falls, MN
Merchants Bank, National Association
Winona, MN