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Business Banking at it's Best. The Lake Bank.

 

Business Loans

 

Business Banking

Loans & Lines of Credit

 

Business Term Loans

Whether for business acquisition or expansion, equipment purchases or ongoing operations of your business, we can accommodate your needs with short and long term business loans.

 

Commercial Real Estate Loans

If you’re looking to purchase, renovate or refinance commercial, rental or investment property, we offer a flexible rate structure with various repayment terms without prepayment penalty.

 

Real Estate-New Construction and Land Development Loans

Our real estate loans can be used for land purchases and development, and may include short-term construction loans as well as long-term financing options.
 

Revolving Lines of Credit

We offer revolving lines of credit for inventory purchases, cash flow management and your seasonal financial needs.
 

Small Business Administration Loans (SBA)

These financing tools are available to assist you with your borrowing needs. The SBA has several programs available and The Lake Bank can help you choose a SBA program that meets your requirements.
 
 

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FDIC deposit insurance set permanently at $250,000 per depositor. The Lake Bank is also participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Investment Checking accounts earn a rate higher than allowed under this program, therefore, are not guaranteed above normal FDIC insurance limits.

THE LAKE BANK
Main Office
613 First Avenue
Two Harbors, Minnesota 55616
Phone: (218) 834-2111
Fax: (218) 834-4753
Equal Housing Lender
©2005 The Lake Bank. All Rights Reserved.
THE LAKE BANK
Silver Bay Branch
88 Outer Drive
Silver Bay, Minnesota 55614
Phone: (218) 226-4959
Fax: (218) 226-4962