Lake Central Bank

In 1893, The State Bank of Annandale began by founders William D. McDonald and L. Cofield. McDonald and Cofield were business partners in the bank and in several grain elevators in Wright and Stearns County. In 2011 Lake Central Investments was started, allowing customers to invest in more diverse financial product (some with the FDIC guarantee and others without). And in 2017 they officially changed the name to Lake Central Bank. Same great employees and owners, just a new name!