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Statement Savings
$5 will open this account. Enjoy the benefits of using TYME with your savings. Interest is compounded daily and paid monthly. Conveniently balance your account with a statement provided on a monthly basis. Fees may reduce earnings.
Interest rate = 0.60% Annual Percentage Yield = 0.60%

Christmas Club Accounts

$5 will open this account. With a Bank of Lake Mills Christmas Club Account, you can easily save for those end of the year expenses. Earn interest and deposit as often as you like. Interest will be forfeited on accounts closed before maturity.
Interest rate = 0.60% Annual Percentage Yield = 0.60%

 

Real Estate Tax Savings Account

This investment account is a real estate tax savings tool for customers with first mortgages serviced at Bank of Lake Mills.  A minimum deposit of $200.00 must be made monthly by ACH or internal transfer.    Additional deposits may be made The rate will be reduced to regular savings account rate provided criteria is not met monthly. Funds may be withdrawn at any time. Customer is responsible for paying their own property taxes. Bank of Lake Mills assumes no responsibility

Interest Rate = 2.00%    Annual Percentage Yield = 2.02%

Funds in excess of $25,000 earn regular savings rate of 0.75%

Safe Deposit Boxes

Annual Fees
3 x 5   $20.00
3 x 10   $30.00
5 x 10   $50.00
10 x 10   $65.00


 

 

 
All rates effective July 15, 2010
and are subject to change without notice.