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
Lake Ridge Bank is excited to introduce three new card features designed to make managing your money easier, more convenient, and more rewarding. While we’ve already rolled out some of these new features, all three became available on May 5, 2026. These additional features offer exciting new ways to make your Lake Ridge Bank credit … Read more
We are very excited to introduce three new consumer features designed to make managing your Lake Ridge Bank Visa credit and debit cards easier, more convenient, and more rewarding.
There is so much going on in the world these days that it makes your head spin. Political and economic issues, multiple wars, elections, changing seasons, and more that can be hard to keep up with and can add stress to already stressful lives. One way to deal with these issues is to have a … Read more
