Lake Area Bank

Lake Area Bank was established on October 22, 1915, under the name Security State Bank of Lindstrom. Over the years, the bank underwent several name changes, becoming Lake Area Security Bank in 1988 and then Lake Area Bank in 1993. The bank's main office was relocated to 12790 First Avenue North in Lindstrom, Minnesota, on July 25, 1977. On November 9, 2022, Lake Area Bank merged with First Resource Bank, based in Lino Lakes, Minnesota, thereby concluding its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1915-10-22Institution established. Original name: Security State Bank of Lindstrom.

1977-07-25Main Office moved to 12790 First Avenue North, Lindstrom, MN 55045.

1988-01-04Changed Institution Name to Lake Area Security Bank.

1993-01-01Changed Institution Name to Lake Area Bank.

2022-11-09Merged and became part of First Resource Bank in Lino Lakes, MN.