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The Lake Bank
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Summary
location iconTwo Harbors, Minnesota
website
company sizeCompany size: 51-200

The Lake Bank is a community bank that focuses on the needs of local families and businesses. It offers a full range of products and services at very competitive rates with low fees and lends deposits back out to its neighbors and fellow small businesses. That means that the money stays working right there in its community. Bank's employees are vested members of the community who work to serve the needs of its customers and community organizations.

Categories
Commercial Banks
ServicesBank Account
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The Lake Bank - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

A big failures. Now come the hearings

President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...

Source: BankerAdvisor

Norway's $1.2 trillion fund sets 2050 net zero target

Source: BankerAdvisor