About
Lake Elmo Bank was chartered on August 1, 1911 by a group of farmers and local business owners. Their purpose was to establish a community bank which would be locally owned and responsive to the community’s needs.
The State Bank of Lake Elmo, now Lake Elmo Bank, has been and remains the community bank envisioned by its founders. Over the years, as the community gradually changed, so has Lake Elmo Bank to accommodate the community’s needs. But through it all, the Bank continued to remain locally owned and committed to its tradition of service.
Our tradition of service has guided us through many changes over the past 100 years – the change from a farm community to a more diverse, metropolitan community. At the same time, we have seen changes within the financial industry – from hand written ledgers to Online Banking and Cash Management Services.
HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $0.00
- Features:
-
- Debit Card
- Checks
- Online Banking
HSA Interest Rates
$0.01 – $999.99 | 0.11% APY |
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$1,000.00 - $9,999.99 | 0.45% APY |
$10,000.00 - $24,999.99 | 0.55% APY |
$25,000.00 - $49,999.99 | 0.65% APY |
$50,000.00 - $99,999.99 | 0.68% APY |
$100,000.00 - $499,999.99 | 0.70% APY |
$500,000.00 + | 0.75% APY |
Fees
Monthly Maintenance Fee | $3.00* |
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Account Opening Fee | $25.00 |
Account Closing Fee | Unknown |
* Minimum balance and below balance monthly charge of $3.00 are waived for the first year.
HSA Investment Options
Contact Information
General Information
Website | Lake Elmo Bank's HSA Website open_in_new |
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Address | 11465 39th Street N Lake Elmo MN 55042-0857 |
Customer Service
Mailing Address | PO Box 857 Lake Elmo MN 55042-0857 |
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Phone Number | 1-800-769-2770 |
Email Address | [email protected] |