Supporting Our Communities
Our business model is based on community, absolutely. But beyond loans and deposits, our local relationships are symbiotic. We hire bankers who are involved in the community and support organizations and initiatives that they care about. In turn, our bankers bring the added support of Lake City Bank directly to bear on right at home.
Lake City Bank Supports Flanner House Community
Lake City Bank’s commitment to the Flanner house began back in 2017, when a group from the bank met with then-new Executive Director Brandon Cosby, who described the basic services the community lacked, including a bank, grocery store, and a path to home ownership.
The bank’s first initiative was installing a banking solution, in the form of an Interactive teller machine (ITM) on the Flanner House grounds. The state-of-the-art ITM connects users to a live video teller for just about any banking service during business hours, and works as an ATM for the basics 24/7, with a $1 fee for non-Lake City Bank customers.
When the pandemic hit, the problems associated with being located in a food desert multiplied. When Brandon shared his vision of a mobile grocery store for the community, the bank stepped in to help purchase two minibuses for the effort. The ability to purchase food right outside your front door has been widely well received.
Next up, Lake City Bank worked with the Flanner House to help move more neighborhood residents from renting to home ownership. The bank has made mortgages available to individuals who have participated in the Flanner House Center for Working Families program. Our latest report from Gloria Crawford, Vice President, Community Reinvestment Officer indicated that the bank has closed the first loan and attended the ceremony where the new homeowner cut the ribbon to her newly renovated home—hopefully the first of many.
Lake City Bank Supports Ivy Tech Students in Warsaw with Laptops
Starting in Fall 2019, Lake City Bank partnered with Ivy Tech Community College Warsaw to provide laptops for students through the college’s Loan-to-Own program.
In the Loan-to-Own program, students can check out a laptop for two weeks. They can extend the loan to an entire semester if they maintain the equipment and have it checked for security and maintenance on campus twice monthly. The student keeps the computer at the end of the term if they are in good financial standing and enrolled for the upcoming semester.
“Our Laptop Loan-to-Own program has grown significantly with the help of Lake City Bank,” said Allyn Decker, Ph.D., Vice Chancellor of Ivy Tech Warsaw. “I cannot stress enough how important technology has been for our students, especially as we continue to expand opportunities for distance learning.”
Beginning with an initial supply of 20 laptop computers, the bank has supplied 36 laptops and tablets to the program. The computers are stripped of bank information and reloaded with software at Ivy Tech. The donated computers come complete with charging cords, network adapters and new cases.
“We’re delighted to extend the life of this equipment, which we previously sent for recycling,” said Angie K. Ritchey, Senior Vice President, Chief Technology Officer. “We’re very happy to support the program and partner with Ivy Tech.”
Our team members provide leadership and experience to groups throughout our footprint. Below is a sampling of the organizations that our Lake City Bank team members help lead through their commitment and involvement at the board and committee level. Here’s the full list.
- Boomerang Backpacks
- Boys & Girls Clubs
- Cardinal Services
- Central Indiana Corporate Partnership
- Committee to Commemorate Dr. Martin Luther King, Jr.
- Court Appointed Special Advocates (CASA)
- Crossroad Child & Family Services Inc.
- Flanner House
- Fulton County Economic Development
- Greater Fort Wayne Hispanic Chamber of Commerce
- Habitat for Humanity
- Housing and Neighborhood Development Services, Inc.
- Indiana State Chamber of Commerce
- Junior Achievement
- Kosciusko County Community Foundation
- LaCasa, Inc.
- Leisure Living Apartments
- Lifeline Youth and Family Services
- Logan Center
- Mad Anthony’s Children’s Foundation
- Multi-County Medical Outreach Clinic
- Noble County REMC
- Pathfinder Services
- SCAN (Stop Child Abuse & Neglect), Inc.
- St. Joseph Community Health Foundation
- United Way
- Warsaw Community Development Corporation
- Whitley County Community Foundation
Every year, local Lake City Bank offices and teams support initiatives and activities financially as well. In 2020, the bank provided more than $560,000 to local activities. The bank contributes time and financial support to organizations that support business locally and regionally such as the Elkhart County Economic Development Corporation, the Northeast Indiana Regional Partnership, and local chambers of commerce.
Lake City Bank is a long-time supporter of United Way in all its market areas. Employees can donate through payroll deduction to support United Way and its agencies, and the bank matches employee commitments. In 2020, Lake City Bank provided more than $145,000 in combined employee and company match contributions to United Way.