Bank · FDIC insured
Lake Central Bank Savings Rates
A $291.3M bank headquartered in Annandale, MN, with 3 branches in Minnesota.
How Lake Central Bank’s savings rates compare
Compared with banks and credit unions near Minneapolis, MN-WI, where Lake Central Bank has the most branches. $10,000, best rate first.
This bank’s best
Lake Central Bank
4.44%APY
- Requires
- Conditions apply
- Minimum
- $0
- Earns on $10,000 a year
- $444
Christmas Savings
Top rate
VisionBank
3.76%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $376
2nd-highest rate
UMB Bank
3.71%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $371
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Special-purpose accounts
Christmas Savings
4.44%APY
Must have an LCB checking account. $5.00 minimum weekly deposit ($5 min. weekly deposit, $300 max. monthly deposit). Transfer up to $300 a month into account over the year. In November, funds are credited back to regular account / paid out yearly on the next business day following the November 15th interest payment. Interest is earned daily and credited on the 15th of each month. Monthly statement combined with LCB checking account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMust have an LCB checking account. $5.00 minimum weekly deposit ($5 min. weekly deposit, $300 max. monthly deposit). Transfer up to $300 a month into account. Funds credited back to regular account in November (paid out yearly on next business day following Nov 15th interest payment). Interest earned daily and credited on the 15th of each month.Any balance | 4.44% | $444 | Must have an LCB checking account. $5.00 minimum weekly deposit ($5 min. weekly deposit, $300 max. monthly deposit). Transfer up to $300 a month into account. Funds credited back to regular account in November (paid out yearly on next business day following Nov 15th interest payment). Interest earned daily and credited on the 15th of each month. |
Sources (3)
- lakecentral.bank/personal/christmas-savings
- lakecentral.bank/christmas-savings
- lakecentral.bank/personal
All captured Sep 18, 2026
Opening an account
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