Are Your Business Credit Card Costs Working Against You? For many businesses, a credit card is more than a way to pay everyday expenses. It is a financial tool that can support cash flow, simplify expense tracking, and provide purchasing flexibility. But, if you have not reviewed your business credit card program recently, you could … Read more
As a young adult, many new responsibilities and experiences start happening, such as moving out, starting a job, going to college, paying bills, and managing your own finances. One financial topic that often causes confusion is building credit. Questions like, “How do I build credit?” ,”What is a good credit score?”, and “How do I … Read more
Starting college is an exciting milestone, but it often comes with new responsibilities, such as managing your own expenses. For many first-year students, learning how to budget on a college income can be overwhelming. Between tuition, rent, groceries, transportation, and social activities, it can be challenging to make your money stretch. Budgeting doesn’t have to … Read more
I hear it often: “Aren’t all banks basically the same?” From the outside, I understand why it can feel that way. But as we recently marked Community Banking Month, I found myself reflecting on how financial institutions truly differ; particularly in why they exist, how decisions are made, and who ultimately benefits from those decisions. … Read more
May 11, 2026 (MADISON, Wis.) – Lake Ridge Bank has added a new position to its Executive team, elevating Jordon Geiger from Senior Vice President & Senior Trust Officer to Chief Wealth Management Officer, effective May 5. “One of our bank priorities is to serve as a financial steward for our clients at every stage … Read more
We want to help our ACH origination clients remain compliant with the new National Automated Clearing House Association (NACHA) rules that became effective in 2026. One of the most significant updates is an increased emphasis on fraud prevention through risk-based processes. Businesses originating ACH transactions will be expected to monitor ACH activity more closely in … Read more
Paul Hoffmann – Lake Ridge Bank President8301 University Ave. Middleton, WI Q: What is your role at the bank? As the President at Lake Ridge Bank, I drive our strategic direction, influencing every department and all aspects essential to our success. In this capacity, I am ultimately responsible for managing day-to-day operations, which includes everything … Read more
A unique feature of Lake Ridge Bank is that anyone can become a shareholder. Most smaller banks are owned by a family or individual while the larger national banks are all traded on Wall Street. Lake Ridge Bank is a bit of a hybrid with our stock traded on the OTC Market under the ticker … Read more
Most people think that all banks are the same. From the outside, we’re sure it looks that way. But as we celebrate Community Banking Month, it’s a good time to share the ways financial institutions differ to accomplish a wide range of goals. Each type of bank has a purpose. While there are definitely scenarios … Read more
Fraud isn’t new, but the way it shows up in everyday life is changing rapidly. In 2026, the biggest shift isn’t just in the number of scams. It’s how convincing, targeted, and fast-moving they’ve become. As a community bank, our role is to protect your money and your information. But today, the strongest protection is … Read more
