There are many factors to consider when choosing the right team to protect your finances and grow your net worth. One little-discussed factor that could play a role in the decision is whether your team includes an in-house portfolio manager. Lake Ridge Bank has a team of portfolio managers who work behind the scenes to … Read more
Beginning in 2018, the TV series Succession became a cultural phenomenon that appalled viewers with the antics of the Roy family as four siblings vied for control of their aging father’s company, worth billions of dollars. While the drama won awards from an entertainment standpoint, it wasn’t funny. The show highlighted – in the extreme … Read more
Alternative Reality Several years ago, an alternate history television series aired called The Man in the High Castle. The series depicted a dystopian world set in 1962 after the Germans and Japanese supposedly won World War II. Largely set in the U.S. and Germany, it portrayed a world in which the United States and its … 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
Statistics Have you noticed that the world is enamored with statistics? Sports, weather, political polling, education…everywhere you look someone is putting together statistical data on virtually every subject imaginable. The thing about statistics, though, is that they can be twisted to support whatever argument the observer wants them to say. In addition, some statistics are … 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
