Welcome to Minnesota Lakes Bank.

We are happy to introduce you to a bank where service, quality, relationships and a duty of care matter, and help us responsibly serve the communities we serve.

Our bank is dedicated to providing superior customer service; consistently. Minnesota Lakes Bank ownership prides itself on being an industry-leading bank, constantly looking for new and better ways to serve its customers and communities. We embrace new technology and delivery methods, and we are excited to bring our more than 100 years of banking experience to bear in new markets where we have a connection and history.

We are very proud of the people who work at Minnesota Lakes Bank, not only because of their individual abilities, but because of the way they represent this bank in our communities, how they treat our customers and how they share our successes with future customers.

Minnesota Lakes Bank is a name that attempts to capture the iconic nature of the state of Minnesota, the land of 10,000 lakes. Minnesota Lakes Bank serves the Lake Minnetonka area and surrounding communities with convenient locations in Mound, Delano, and Buffalo. We are proud of our Minnesota heritage and look forward to working with you to help you achieve your financial goals.

History

In 1977 two prominent Delano business leaders began work to charter a new bank. It took four years to organize investors, apply for a bank charter, and receive final approval from the Minnesota Supreme Court on Feb 11, 1982, to form Crow River State Bank. The original organizers of the bank went to great lengths to keep the bank part of the community, as it depended highly on local residents to raise the $1 million in capital needed to form the bank. Of the 29 original shareholders, only two were from outside the immediate area. In the late 1980’s, the bank was sold to one primary stockholder, Lloyd Jerpbak.

Wilcox Bancshares acquired Crow River State Bank on September 12, 2014. Wilcox Bancshares, Inc. is the parent company of Minnesota Lakes Bank as well as Grand Rapids State Bank. As it has done for more than 100 years and four generations in Grand Rapids, Minnesota, Wilcox Bancshares will root itself in Delano, Mound, Buffalo and other neighboring communities served by Minnesota Lakes Bank. Supporting significant community events is a hallmark of the community service provided by community banks owned by Wilcox Bancshares.