Community Banking Focus As a community bank with a strong local presence and personalized service offering, Lake Area Bank is positioned to target local small and medium-sized businesses seeking tailored banking solutions and digital banking convenience.

Acquisition Opportunity Following its acquisition by Royal Credit Union in 2021, there may be opportunities to offer complementary financial products and cross-selling solutions to existing and former customers of Lake Area Bank now managed under the larger credit union network.

Digital Engagement With an emphasis on online and mobile banking platforms, Lake Area Bank presents potential upsell opportunities for advanced digital products, cybersecurity offerings, and integrated financial management tools to enhance customer experience.

Growth in Local Market Serving a regional market with an employee base of 51 to 200 staff, there is potential to expand services, including small business loans, treasury management, or financial planning, tailored to the needs of the community.

Competitive Size & Revenue With annual revenues estimated between 25 and 50 million dollars, Lake Area Bank represents a mid-sized regional player, providing opportunities for targeted financial product offerings and partnership collaborations to support regional growth.