Lake Elmo Bank is a bank based in Lake Elmo, Minnesota, established in 1911, with $531 million in total assets across 9 branches. By Trust Grade it ranks 27th of 224 banks we track in Minnesota. Its capital ratio of 11.2% is stronger than 65% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.72% return on assets. No consumer complaints against Lake Elmo Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lake Elmo Bank compares to Minnesota peers
How we graded Lake Elmo Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.2% capital ratio)
- Strongly profitable (ROA 1.72%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lake Elmo Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 1033 Gershwin Ave N, Oakdale, MN 55128
- 8132 And 8133 Fourth Street North, Oakdale, MN 55128
- 600 Inwood Ave N, Oakdale, MN 55128
- 5600 Norwich Pkwy, Oak Park Heights, MN 55082
- 1937 Greeley St S, Stillwater, MN 55082
- 7555 Bailey Rd, Woodbury, MN 55129
- 11070 39th St N, Lake Elmo, MN 55042
- 11020 39th St N, Lake Elmo, MN 55042
- 11465 39th St N, Lake Elmo, MN 55042
Are deposits at Lake Elmo Bank insured?
Yes. Lake Elmo Bank is an FDIC-insured bank (FDIC certificate #15443). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Lake Elmo Bank: frequently asked questions
Is Lake Elmo Bank a good bank?
Lake Elmo Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.2% capital ratio); Strongly profitable (ROA 1.72%).
Is Lake Elmo Bank FDIC-insured?
Yes. Lake Elmo Bank is a FDIC-insured bank (FDIC certificate #15443). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Lake Elmo Bank?
Lake Elmo Bank holds $531 million in total assets, ranking 27th of 224 banks we track in Minnesota. It operates 9 branches.
Does Lake Elmo Bank have CFPB complaints?
No CFPB complaints against Lake Elmo Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
