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How We Became Lake Ridge Bank

We knew right from the start that one of the most important decisions we would need to make was what to name our new bank.

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Your credit score is one of the most important numbers in your financial life. It affects your ability to borrow money, the interest rates you pay, and even your insurance premiums and rental applications.

If you’re looking for a way to save time, money, and trees, make sure you are signed up for eDocuments for your Lake Ridge Bank accounts. Our electronic statement tool lets you access your account statements and notices online anytime, from anywhere.

The Lake Ridge Bank mobile deposit tool lets you deposit checks using your smartphone or tablet. Mobile deposit is fast, secure, and free for all Lake Ridge Bank customers.

Account alerts are a digital tool that helps you stay on top of your finances. They let you receive instant notifications on your mobile banking app when certain activities happen on your account. You can customize them to suit your needs and preferences.

Salespeople come in many forms. Some are just plain awful, while others are mediocre. Still others are solid and consistent over time. Then…there are the so-called Superstars. The secret that differentiates Superstars from everyone else is: Fanatical prospecting!

The simplest (and best) strategy is to avoid regrettable retirement decisions in the first place. Following are examples of those decisions.

Check fraud accounts for more deposit account losses – $1.3 billion in 2018 – than any other payment method, according to the American Bankers Association. Our bank’s Treasury Management team has a few suggestions for businesses to avoid becoming victims of check fraud.

For much of the last six months or so, the inflation data has remained high, the Fed raises rates, the markets react thinking the Fed is going to slow or reduce the size of their rate hikes only to have those hopes dashed. Rinse and repeat. The whole thing is getting old for everyone.

When shopping online during the holiday season—or any time of year—always be wary of deals that seem too good to be true. Do your part to avoid becoming a scammer’s next victim.

Media coverage of Social Security going “bankrupt” has been prevalent for years, but it is not based on reality. Being proactive and taking the following steps can help reassure you that comfort in retirement is still within reach.

July was awesome, August was a reality check, and September was a horror story. At times, this year it has felt like we have been on a thrill ride at an amusement park – and I am not talking about the Dumbo ride at Disney World.

While leaving an inheritance is not a new concept, Baby Boomers have developed some trends around the practice that distinguish them from their parents and the giving habits of previous generations. These creative strategies enable the gifter to do all they can to give a little extra and enjoy the process along the way. We delve into several such strategies here.