Lake Elmo Bank


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.

Ratings

User Ratings
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HSA Program Features

FDIC or NCUA Insured:
Min Balance to Open:
$0.00
Features:
  • Debit Card
  • Checks
  • Online Banking

HSA Interest Rates

Interest rates for various balance tiers
$0.01 – $999.99 0.00%
$1,000.00 – $9,999.99 0.05%
$10,000.00 – $24,999.99 0.07%
$25,000.00 + 0.08%
Last checked on: 12-15-2015

Fees


Monthly Maintenance Fee $3.00*
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

Mutual Funds:    Self-Directed Brokerage:    CDs:    Other:

Contact Information

General Information

Website
Address 11465 39th Street N
Lake Elmo MN 55042-0857

Customer Service

Mailing Address PO Box 857
Lake Elmo MN 55042-0857
Phone Number 1-800-769-2770
Email Address [email protected]

Lake Elmo Bank Discussion