You are here

 » Recent Blog Posts

Recent Blog Posts

18 Sep
What you should know: On Friday, September 15, 2017 a big event in the payments industry was implemented;  Same Day ACH Debit transactions. This means that mortgage payments, dues, recurring payments, insurance premiums, online purchases, including...
15 Sep
Recently, Equifax, one of the three national consumer credit reporting agencies, announced a major data breach. This breach affects approximately 143 million Americans. This is what we know according to Equifax: the data breach occurred May – July...
07 Sep
Eric Nesvig is the Assistant Vice President of Lending at Minnesota Lakes Bank in Mound. He works with consumer and business customers to achieve their financial goals. “I like working with customers on a day-to-day basis. You never know what’s...
31 Aug
Wire transfer and cyber fraud are on the rise. That’s partly because criminals have limitless options for perpetrating wire fraud. They use many combinations of fraudulent approaches, and various points of compromise, including malware transferred...
19 Jul
Mark Foster has been selling boats for 11 years. He moved his business three and a half years ago because he outgrew the space. In the limited space in the old building, Mark had only enough room for one boat in the showroom and one boat in the...
19 Jul
As entrepreneurs, many small-business owners are comfortable taking risks. But their business is often their biggest asset, as well as the largest source of their household’s income, which means it’s especially important for them to follow basic...
01 Jun
The security and protection of your personal or business information is very important to Minnesota Lakes Bank. Major retailers are announcing new data breaches almost every day. Below is an article that provides important information on what you...
05 May
Noah Wilcox, CEO, Minnesota Lakes Bank, Delano and Mound, MN joined more than 100 community bankers and the Independent Community Bankers of America® (ICBA) this week for a meeting with President Donald Trump and other top administration officials...
06 Apr
Washington, D.C. (April 5, 2017)—The Independent Community Bankers of America® (ICBA) today is meeting at the Treasury Department to discuss how federal policymakers can address the impact of overregulation on community banks and the customers they...
16 Mar
Delano Printing has been in business for 15 years, and getting there has proved to be challenging at times. When you walk into Delano Printing’s unique space, it is clear that there is a story to be told. Steve Johnson bought printing equipment and...
07 Mar
In the March edition of Northwestern Financial Review, the publication announced that Steve Burggraf was named an “Amazing Outside Director." The publication created the award to honor bank directors who are known for going above and beyond. As...
01 Mar
Even if you're staying on track with your New Year's resolutions, every small-business owner has to prepare for tax season. The major deadline may be a month or two away, but it will approach faster than you think. Here are a few tips to think about...
01 Mar
You can find Linda Levens working as a teller in Minnesota Lakes Bank’s Mound location. She enjoys helping customers with their banking, taking care of their transactions, and conversing with them. Her favorite part of the job is the social aspect...
16 Feb
Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your phone, managing money well is much more complicated....
09 Feb
Most teenagers probably won't leap at the prospect of learning about personal finance on their own. That's why it's important to take the time to teach them smart money management. To get the conversation started, here are seven topics worth...
30 Jan
Minnesota Lakes Bank announced that David M. Krause has been hired as President of Minnesota Lakes Bank and will reside in the Delano office. Krause replaces former Market President, John Poling, who retired from Minnesota Lakes Bank effective...
27 Jan
Even if saving has never been your thing and money is tight, the coming of a new year is an opportunity to change old financial habits. Here are some ways to become a more efficient saver. 1. Budget Budgeting helps you organize your finances so you...
01 Dec
Most observers believe that 2016 was a good year economically for the Minnesota Lakes Bank home communities of Delano, Mound and Buffalo, and the bank’s senior lenders agree with that analysis. “We’re forecasting strong loan growth for 2017,” said...
01 Dec
The Wilcox family doesn’t believe that simply having the right last name qualifies you for being an executive in its banking operation.  After spending two and a half years as a credit analyst at Grand Rapids State Bank and Minnesota Lakes Bank,...
25 Nov
“Christmas in July” is the name of a movie in which a man called Jimmy is tricked into believing he's won $25,000 in a national radio contest. (It's from 1940, but the point remains.) He promptly goes out and blows his winnings on a shopping spree....

Pages

Grand Rapids State Bank Blog RSS Feed