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At Bank of Lake Mills, we strive to make banking simple. We offer hassle-free personal checking accounts that were developed with you in mind.

Interest Advantage Checking(1)

Earn 2.00% APY on balances up to $10,000 by simply meeting the required qualifications. Balance portion more than $10,000 will earn 0.50% APY. The following transactions and activities must be posted and settled to your Bank of Lake Mills Interest Advantage Checking account during each monthly statement cycle:

  • At least 15 settled debit card point of sale transactions (excludes ATM transactions).
  • At least 5 electronic bill payments using Bank of Lake Mills Online Bill Pay.
If the requirements are not met during the monthly statement cycle, the interest rate paid on the entire balance will be 0.01% APY.

Qualifications Met Average Daily Balance Interest Rate APY
Yes Up to $10,000 1.98% 2.00%
Yes Over $10,000 0.50% 0.50%
No All Balances 0.01% 0.01%

Simple Checking

Our Simple Checking account is just that - SIMPLE. A traditional checking account that gives you the basic features you need in a checking account.

All Checking Accounts Include:

  • $25 minimum balance to open
  • No monthly maintenance fee
  • Paper statement fee - $3 monthly statement cycle fee waived if enrolled in Online Statements(5)
  • MasterCard Debit Card(2,3)
  • ATM Transactions - Free at Bank of Lake Mills & ATM Access Network Locations(3)
  • Unlimited check writing
  • Digital Banking
  • Online Bill Pay(4)
  • Online Statements(4)
  • Mobile Deposit(4,5,6,7)
  • Telephone Banking

Ordering Personal Checks

We want to make ordering personal checks easy! Current Bank of Lake Mills customers can order checks one of the following ways:

APY - Annual Percentage Yield. Interest rates subject to change at any time. See current interest rate sheet. Fees imposed could reduce the earnings.

(1) To earn the higher interest rate, it is required to complete at least 15 settled Bank of Lake Mills Debit Card transactions (excludes ATM transactions) and complete at least 5 electronic Bill Payments using Bank of Lake Mills Online Bill Pay during each monthly statement cycle.
(2) When debit card is disabled, new purchases, cash advances, or balance transfers will not be authorized. However, some activity will continue, including bills that merchants mark as recurring, as well as returns, credits, dispute adjustments, payments, and certain other exempted transactions.
(3) Other banks may charge usage fees, unless part of the ATM Access Network. See ATM Access Network brochure or visit for more details.
(4) Must be enrolled in Digital Banking.
(5) Message and data rates may apply. Contact your mobile phone / tablet service provider for details.
(6) Transactions made after 5:00pm CST on a business day will be processed the following business day. Business day is defined as Monday thru Friday, excluding legal holidays.
(7) Deposits are subject to verification and not available for immediate withdrawal. Deposits not to exceed $5,000 per business day and $10,000 per calendar month, except as otherwise expressly provided and approved. The Bank reserves the right to establish and assign deposit limits. Products and services are subject to approval. Other restrictions may apply. Contact a Banker or view our interest rate sheet for current interest rates and terms, and additional information.