BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Minnesota Lakes Bank, Delano, MN, has earned its highest, 5-Star Superior rating for financial strength and stability. This latest rating was assigned in March 2024 based on December 31, 2023 financial data and signifies that Minnesota Lakes Bank is one of the strongest banks in the nation.

“It gives me great pleasure to announce that there are still banks, like Minnesota Lakes Bank, that continue to provide a sense of security in this insecure world,” heralds Karen Dorway, president of BauerFinancial. “Friends and neighbors of Minnesota Lakes Bank probably already know this. They have the privilege of having a true community bank that sticks to common-sense banking values, right in their community. It’s important to let those who might not be aware, know that they have the strength of a 5-Star bank right in their midst.”

Minnesota Lakes Bank is a dedicated anchor to this community. With a solid track record behind it, Minnesota Lakes Bank has displayed the strength and fortitude to continue forward in the same heedful manner that it has for many years. Minnesota Lakes Bank: “A bank that supports the community it serves.”

Bank data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.