Bank Community Involvement

Community InvolvementLafayette Community Bank owes its very existence to the Greater Lafayette community. Founded in 2000, local business owners and community leaders came together to start a new bank. Our primary focus then, and now, is to provide banking services to the community we call home.

There is a quote by John F. Kennedy that says, “To whom much is given, much is expected.” The Greater Lafayette community has entrusted us to safeguard their deposits, and they trust that we will reinvest those deposits for the betterment of our community. That requires a high level of trust and confidence.   We return that trust and confidence every day in the form of loans and financial services that benefit our customers and our community at large.

But that’s not quite enough. We believe that we must make tangible contributions to the community we serve.   We have a philosophy that promotes and encourages volunteerism. We have a total of 40 employees at our bank, and in any given year we have over half of our employees involved and participating in organizations throughout our community.   We also provide monetary support. In the last 13-years we have contributed over $250,000 to local organizations. From United Way, to March of Dimes, to Almost Home Humane Society, local schools, youth sports, and the Honor Flight just to name a few. Every year we support nearly 70 different organizations or charities in our community.

We do this because it’s the right thing to do. We are proud members of this community, and we plan to be for many years to come. We have been given the opportunity by all of you to become your community bank, and serving and supporting our community is our way of saying thank you. We are honored to provide banking services in what we believe to be the greatest place to live in Indiana—the Greater Lafayette community.

Advantages of E-Statements

E statements

Why should I sign up for e-statements?

Reasons are:

  • There is no charge for e-statement service.
  • Review your statements and canceled checks online anywhere and anytime.
  • E-statements can be accessed days before a paper statement would arrive in the mail.
  • E-statements contain the same information as the traditional paper statement.
  • You reduce the risk of statements being lost or stolen in the mail.
  • Your e-statement is protected by the latest security measures.
  • Environmentally Friendly. Make a positive impact on the environment by eliminating the need for paper statements and reduce clutter in your home or office.

To enroll for e-statements, visit our website at or contact one of our convenient branches for assistance.

Alphabet Soup of Banking

sc-alphabet-soup-updateOur lives are loaded with quick 140 character snippets of communications. We “lol,” we acknowledge our peeps, and we are preaching TGIF. It seems as if we are always shortening the words in our English language using acronyms, initialism, or truncation. I suggest that the world of banking may be the biggest pot of alphabet soup around. We may discuss a customer’s DDA, SAV, HELOC or CD activity, their FICO, the DTI and the LTV on a loan, and the need for MIP on an FHA loan or PMI on a conventional loan.

So here is our short guide to a few banking abbreviations:

  • DDA – Demand Deposit Account; your checking account.
  • SAV – Savings Account
  • HELOC – Home Equity Line of Credit
  • FICO – Fair Isaac Corporation credit score
  • DTI – Debt to Income; your monthly debt as a percentage of your monthly income
  • LTV – Loan to Value; your loan amount as a percentage of the value of your property
  • MIP – Mortgage Insurance Premium
  • FHA – Federal Housing Administration; or a type of loan that typically has a lower down payment
  • PMI – Private Mortgage Insurance
  • PITI – Principal + Interest + Taxes + Insurance; your monthly mortgage payment
  • FDIC – Federal Deposit Insurance Corporation

Here at Lafayette Community Bank (LCB), we communicate with our customers in a clear and concise manner.   Please call LCB at 765 429-7200 today to discuss all your banking needs.



Welcome to the first blog post by Lafayette Community Bank. A lot of changes are coming to our community when it comes to your banking options. We invite you to read our monthly blog posts, most of which reflect questions we get from our customers, business partners and neighbors just like you.

We believe this is what separates us from other banks in town. It’s our 5 C’s approach.






Read more here.

We welcome you to join in the conversation, share this information with your friends, and even send us your questions! For more information about Lafayette Community Bank and what we have to offer, visit our website at