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.
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.
You would never just settle for “good enough” in your personal relationships. Your business banking relationship deserves the same standard of excellence. Let’s review some questions to consider when researching your banking options.
Interest rates have been extraordinarily low for the last 10–20 years, giving a generation of business owners confidence in their ability to repay loans to grow exponentially and operate more efficiently. That may change soon. When making decisions about new equipment, business expansion projects, or modernizing processes, you have several choices.