Building and Caring for Our Team
Lake City Bank is committed to being the acknowledged and recognized leader in Indiana Community Banking. We achieve this mission only through the hard work and dedication of our employees. The bank team is 652 people strong, including 610 full-time, 30 part-time, and 12 seasonal/temporary employees as of December 31, 2022
Diversity and Inclusiveness
The bank is committed to social and governance responsibility, and in 2020, the management team added “inclusivity” as the eighth core value defining our organizational culture. The bank’s employee Code of Conduct supports diversity and inclusion efforts in our workplace, and a Diversity and Inclusion Task Force is charged with developing and promoting initiatives throughout the corporation.
In 2022, every employee participated in a foundational course to establish a base level of awareness and education on the topic of diversity and inclusion. In 2023, the effort continues with a host of interactive, informative courses being offered to continue the learning process around these important issues. Eighty-four percent of our employees identify as women or people of color. At present, women comprise 59% of the Bank’s officers (267 officers – 158 women), 32% (8 of 25 members) of Senior Leadership Council (which includes those with the title of Senior Vice President and above) and 44% (4 of 9 members) of the executive Management Committee. Additionally, three of our 11 board members identify as women or people of color.
Employee Engagement and Development
A positive workplace culture is vital to the bank’s success. By supporting, respecting, engaging, and appreciating employees, the bank has built a team well-equipped to show the same commitment to its customers. Building and strengthening this positive workplace culture starts with Lake City University. Founded in 1999, Lake City University is dedicated to helping employees thrive professionally and personally. In 2022, bank employees averaged 26.34 hours per employee of instruction through the program. From courses to improve technical skills, product knowledge, and customer service to classes focused on an employee’s wellbeing, like personal financial planning and benefits education, Lake City University supports and promotes the personal and professional growth of all bank employees. In 2022, 153 employees were promoted and 170 employees were hired externally, demonstrating a commitment to professional development of Lake City Bank employees.
In addition to the substantial investment in employee professional development, the bank’s benefit and compensation programs are designed to ensure we recruit and retain top talent. The bank offers employees a comprehensive health benefits package, provides a 401(k) match of up to 6% of an employee’s salary to encourage retirement savings, tuition reimbursement that 28 employees took advantage of in 2022, and structures its bonus program for officers to create meaningful performance-based incentives. These programs, combined with an intentional focus to create a positive, values-based culture, ensures the bank team will continue as the acknowledged and recognized leader in Indiana community banking.
Equal Employment Opportunity Company
Lake City Bank is proud to be an equal opportunity employer committed to a diverse, inclusive workplace. Employment at Lake City Bank is based solely on business needs, a person’s merit, and qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, age, protected veteran status, or any other characteristic protected by law. Lake City Bank will not tolerate discrimination or harassment based on any of these characteristics.
