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MINNESOTA LAKES BANK
✓ FDIC-insured · Active FDIC Certificate #23986
MINNESOTA LAKES BANK is an FDIC-insured state-chartered bank that is a member of the Federal Reserve System, headquartered in Delano, Minnesota, established in 1982. As of the 06/30/2026 FDIC call report, it reported $130M in total assets and $113M in deposits. FDIC location data lists 2 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company WILCOX BANCSHARES INC (Grand Rapids, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 2 of MINNESOTA LAKES BANK's FDIC-listed offices are in Minnesota. Browse banks in Delano for other local options.
Branch locations
| MINNESOTA LAKES BANK Minnesota Lakes Bank · Full Service - Brick And Mortar | 710 Babcock Blvd E Delano, MN 55328 Map ↗ |
| MINNESOTA LAKES BANK Mound Branch · Full Service - Brick And Mortar | 2290 Commerce Blvd Mound, MN 55364 Map ↗ |
Holding company: WILCOX BANCSHARES INC
The FDIC lists WILCOX BANCSHARES INC, based in Grand Rapids, MN, as the top holding company for MINNESOTA LAKES BANK. It also owns one other FDIC-insured bank:
- Grand Rapids State Bank, Grand Rapids, MN ($261M in assets)
FDIC deposit insurance applies separately to each insured bank charter, even when they share a holding company. Confirm the charter before you spread deposits.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to MINNESOTA LAKES BANK's $130M. See all banks in Minnesota.
MINNESOTA LAKES BANK: common questions
Is MINNESOTA LAKES BANK FDIC-insured?
Yes. MINNESOTA LAKES BANK is an active FDIC-insured institution, FDIC Certificate #23986. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is MINNESOTA LAKES BANK headquartered?
MINNESOTA LAKES BANK is headquartered at 710 Babcock Blvd E, Delano, MN 55328, according to FDIC records.
How many branches does MINNESOTA LAKES BANK have?
FDIC location data lists 2 offices for MINNESOTA LAKES BANK, all in Minnesota.
Who owns MINNESOTA LAKES BANK?
The FDIC lists WILCOX BANCSHARES INC of Grand Rapids, MN as the top holding company for MINNESOTA LAKES BANK. The same holding company owns 1 other FDIC-insured bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.