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Lake Bank

COVID-19 Information

COVID-19 Business Resources, Services, and Updates 3/21/2020

Minnesota small businesses and private nonprofit organizations impacted by COVID-19 are now eligible to apply for the federal Small Business Administration (SBA) Economic Injury Disaster Loans (EIDLs). This loan program provides impacted businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they may be experiencing. These are low-interest loans meant to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. For more information, please email SteveJohn, or Kiera.

The SBA is not affiliated with The Lake Bank. The products and services provided by the SBA are not affiliated with The Lake Bank.

COVID-19 Update 3/18/2020

To Our Valued Customers:

As the situation with the coronavirus (COVID-19) continues to develop, our entire team is ready and standing by to support you.

As part of our plan to protect our employees and customers, at this time we are limiting access to our branch lobbies except by appointment, and we have also suspend service at our Two Harbors Super One location.

Please use our drive-thru for routine transactions.

Our downtown Two Harbors drive-thru location will be open from 8:30 am until 5 pm Monday through Friday and from 9 am until 12 pm on Saturdays.

Customers are also encouraged to use our ATMs, online banking, or mobile app.

If you need to meet with us in person or access your safe deposit box please call to make an appointment:

Two Harbors  613 First Avenue: 218-834-2111
Silver Bay 88 Outer Drive: 218-226-4959

We appreciate your understanding and support as together we navigate what is truly new ground for all of us. Please continue to be safe and healthy, and we will do the same.

To read a letter from our President/CEO Steve McLachlan regarding the coronavirus Click Here.


COVID-19 Update 3/12/2020

We are proactively addressing concerns surrounding the coronavirus (Covid-19).  At The Lake Bank, the health and safety of our employees and our customers is our top priority.  Pandemics of this nature are unpredictable, and we have taken precautionary steps to reduce the spread of illness at our locations.

In the event that the pandemic worsens, The Lake Bank is prepared to execute our business continuity and pandemic response plans.  These plans ensure that essential bank operations and services remain functional and that we can continue to serve our customers and provide them access to their funds in the midst of a disaster or pandemic.
Our suite of online banking services allows customers to view their account information, deposit checks, transfer funds, pay bills, and perform other banking functions from their own homes or mobile devices 24 hours a day and 7 days a week.  If you're not already using our online banking services, we encourage you to enroll today.