Home › Minnesota › Lake Region Bank
Lake Region Bank
✓ FDIC-insured · Active FDIC Certificate #10965
Lake Region Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in New London, Minnesota, established in 1915. As of the 06/30/2026 FDIC call report, it reported $153M in total assets and $139M in deposits. FDIC location data lists 3 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company KANDI BANCSHARES INC (New London, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 3 of Lake Region Bank's FDIC-listed offices are in Minnesota. Browse banks in New London for other local options.
Branch locations
| Lake Region Bank Detached Facility · Limited Service - Drive Thru/Detached Facility | 49 Front St Nw Sunburg, MN 56289 Map ↗ |
| Lake Region Bank Willmar Branch · Full Service - Brick And Mortar | 1690 1st St S Willmar, MN 56201 Map ↗ |
| Lake Region Bank Lake Region Bank · Full Service - Brick And Mortar | 51 Main St S New London, MN 56273 Map ↗ |
Holding company: KANDI BANCSHARES INC
The FDIC lists KANDI BANCSHARES INC, based in New London, MN, as the top holding company for Lake Region Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to Lake Region Bank's $153M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Cornerstone State Bank | Montgomery | $247M | 7 |
| First Farmers & Merchants National Bank | Luverne | $243M | 2 |
| Center National Bank | Litchfield | $243M | 3 |
| Arcadian Bank | Hartland | $242M | 3 |
| BANKWEST | Rockford | $240M | 3 |
| United Farmers State Bank | Adams | $234M | 3 |
| Security State Bank of Marine | Marine On St. Croix | $233M | 4 |
| The Wanda State Bank | Wanda | $230M | 2 |
Lake Region Bank: common questions
Is Lake Region Bank FDIC-insured?
Yes. Lake Region Bank is an active FDIC-insured institution, FDIC Certificate #10965. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Lake Region Bank headquartered?
Lake Region Bank is headquartered at 51 Main St S, New London, MN 56273, according to FDIC records.
How many branches does Lake Region Bank have?
FDIC location data lists 3 offices for Lake Region Bank, all in Minnesota.
Who owns Lake Region Bank?
The FDIC lists KANDI BANCSHARES INC of New London, MN as the top holding company for Lake Region Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.