Stanley Koopmans, MBASenior VP – Business Banking Sales Manager(608) 849-2778341 W. Cottage Grove Road, Cottage GroveSKoopmans@lakeridge.bank What is your role at the bank? One aspect of my job as Business Banking Sales Manager that I really enjoy is helping clients get the loans they need to grow their businesses, which furthers the bank’s mission of … Read more
For many business owners, the land, building, equipment and proprietary client list associated with the business become both your income generator and the majority of your net worth. Making your business your primary source of building wealth is effective as long as you also have a plan in place to manage the risks from inflation, … Read more
Repeat or Rhyme? “History doesn’t repeat itself, but it often rhymes” is a quote often attributed to Mark Twain, although there is no actual evidence of him using that statement (it appears that the quote should be attributed to Theodor Reik, a psychoanalyst, who supposedly coined the phrase in 1965). The question here is whether … Read more
With the holiday season around the corner, spending tends to pick up as we shop for gifts, travel, and prepare for celebrations with friends and family. While this time of year can be exciting, it can also become challenging to keep track of your bank account activity. Fortunately, staying on top of your finances doesn’t … Read more
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
