Bank of Lake Mills Rates and Review February 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Bank of Lake Mills's 10-Month CD rates are at 4.00%, 26-Month CD -SPECIAL! or more rates are at 3.82%, 26-Month CD rates are at 3.70%, 4 Year CD rates are at 1.70%, 3 Year CD rates are at 1.60%. Bank of Lake Mills's savings rates are at 0.10%.
Rate Updates and AvailabilityBank of Lake Mills money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Bank of Lake Mills? Share your experience about Bank of Lake Mills by leaving a review below, or read customer reviews before you decide to use Bank of Lake Mills. Bank of Lake Mills Texas RatioBank of Lake Mills's Texas Ratio is at 0.48%, which is considered excellent. The Texas Ratio for Bank of Lake Mills is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. MonitorBankRates Rating
5.0
Excellent
Out of 5.0 Stars
Bank of Lake Mills has earned a Smart Rating of 5.0 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Overall, Bank of Lake Mills is a excellent bank worth considering, with an overall rating of 5.0 stars out of 5 stars. Current Interest RatesRate
APY/APR
vs. Avg
"N/A" indicates the product is not offered or the rate is unavailable. 
Bank of Lake Mills CD Rates
Bank of Lake Mills Savings Rates
Bank of Lake Mills Checking Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Bank of Lake Mills is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Bank of Lake Mills rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Bank of Lake Mills's official website for the most current offers and terms.
Bank Profile & OverviewBank of Lake Mills
136 E Madison StLake Mills, WI 53551 Jefferson Established Date: 01/01/1893 FDIC Certificate #: 8695 Date of FDIC Deposit Insurance: 01/02/1934 How Many Domestic U.S. Offices? 2 How Many Branches are There? 2 Website: https://www.bankoflakemills.com
Is Bank of Lake Mills FDIC Insured? Yes
What is Bank of Lake Mills's Cert number? 8695
What is the maximum amount for insured deposits? $250,000 per holder, per account
Financial Health & AssetsTotal Assets:
$370,835,000
Total Deposits:
$276,482,000
Equity Capital:
$39,791,000
Net Income:
$1,058,000
Return on Assets (ROA):
2.0739%
Return on Equity (ROE):
19.7100%
Headquarters:
Lake Mills
Regulator:
FDIC
# of Offices:
2
Source: FDIC | Last Updated 03/31/2024
Frequently Asked Questions About Bank of Lake MillsHow do I open an account at Bank of Lake Mills?You can typically open an account at Bank of Lake Mills by visiting a local branch or applying through their official website. Is there a first-time homebuyer program?Currently, Bank of Lake Mills provides a range of mortgage and home equity products. Is Bank of Lake Mills a safe place to deposit money?Yes, Bank of Lake Mills is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor. Does Bank of Lake Mills offer online and mobile banking?Most modern institutions like Bank of Lake Mills provide digital access including online balance checks and transfers. Compare to other Banks |
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