June 26, 2017
6 Tips for Saving for Your Down Payment
Before you make the transition from renting your home to owning your home, you will need to have a substantial down payment, typically 5 to 20 percent of the home’s value. Lake City Bank suggests the following tips to help save for it: 1. Develop a budget & timeline. Start by determining how much you’ll …
Read MoreJune 22, 2017
Housing 101: Terms to Know Before Buying or Renting
Whether you’re preparing to rent or buy, Lake City Bank encourages you to be familiar with the following housing terms: Before Buying APR: Short for annual percentage rate, APR is how much your loan will cost over the course of a year. This figure is almost always higher than the interest rate because it takes …
Read MoreJune 19, 2017
Lake City Bank’s Phil Dwire Receives Golden Achievement Award from Junior Achievement
Photo: Phil Dwire, Vice President, Office Manager, talks about his experiences as a JA volunteer after being announced as a Golden Achievement Award winner at the annual Business and Education Leadership Awards Celebration. Phil Dwire, Vice President, Office Manager, received a Golden Achievement Award from Junior Achievement (JA) of Northern Indiana at the annual Business …
Read MoreJune 16, 2017
7 Tips for Improving Your Credit Score
An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history. Lake City Bank suggests the following tips to improve your credit score. 1. Request a copy of your credit score report – and make sure it is correct. Your credit report illustrates your credit …
Read MoreJune 16, 2017
5 Important Questions When Choosing Your First Home
Moving into your own place can be exciting and frightening at the same time. Lake City Bank suggests considering the following questions when choosing your own home. 1. How much money do you have saved? Start with an evaluation of your financial health. Figure out how much money you have for a down payment or …
Read MoreJune 1, 2017
Lake City Bank’s Whitney Hamilton Jr. Promoted to Assistant Office Manager
Lake City Bank is pleased to announce that Whitney Hamilton Jr. has been promoted to Assistant Office Manager of its Michigan Road office in Indianapolis. Hamilton leads sales and service efforts in the branch, manages the daily operations of the office and handles small business loans. He has been with the bank for two years, …
Read MoreMay 25, 2017
6 Money Tips to Help You Care for Your Loved One
Financial caregivers play a major role in ensuring that their loved ones maintain the best quality of life possible and that all financial matters, from routine to complex, are managed wisely. In recognition of Older Americans Month in May, we’re sharing some tips for financial caregivers to help you better understand and execute your role. …
Read MoreMay 24, 2017
Lake City Bank Promotes Kimberly K. Strawbridge to Assistant Vice President, Office Manager
Lake City Bank is pleased to announce that it has promoted Kimberly K. Strawbridge to Assistant Vice President and Office Manager of its Syracuse office. Strawbridge supports office staff in their efforts to provide quality service and build customer relationships. She also manages the daily operations of the office and handles small business loans. She …
Read MoreMay 24, 2017
Lake City Bank Promotes Andrea R. Bowers to Assistant Office Manager
Lake City Bank is pleased to announce that it has promoted Andrea R. Bowers to Assistant Office Manager of its Elkhart East branch. Bowers will oversee branch staff and operations, as well as process loans and home equities. Bowers assists the office manager in providing quality service and building customer relationships. She helps manage the …
Read MoreMay 24, 2017
Lake City Bank’s Cory E. McClarnon Promoted to Senior Loan Administration Officer
Lake City Bank is pleased to announce that it has promoted Cory E. McClarnon to Senior Loan Administration Officer, working out of the bank’s Warsaw Downtown and Plymouth offices. McClarnon is part of the business development team and assists commercial loan officers with customer communication, loan proposals and loan closings. He is also responsible for …
Read More