Community Corner:  Walt’s Other Pub

Lafayette Community Bank is completely invested in our community.  Once a month we will share a story about an organization, business, club or school via Community Corner.  Community Corner is our way of supporting our friends and neighbors; perhaps uncovering a hidden gem you haven’t heard about.  Our first Community Corner story features Walt’s Other Pub:

Walts

Locally owned and operated by Walt and Kristy Foster, Walt’s Other Pub has grown from the couple’s vision and their twenty plus years of experience working in and operating such local favorites as The Pub and The Other Pub.   Walt and Kristy purchased The Other Pub in 2007 and in 2012 they moved across South 9th Street into a beautiful new building and changed the name to Walt’s Other Pub.

Walt’s Other Pub’s friendly and open atmosphere offers fun for all ages. With 2 levels of seating, the restaurant is a relaxing and cozy place to eat. They also have great outdoor seating including a balcony. Come to Walt’s Other Pub for the big game, for a night out with friends or family, or even have an event in our separated banquet room.

Walt’s Other Pub:

Waltsotherpub.com
3001 S. 9th Street
Lafayette, IN
(765) 474-9527

If you have a suggestion of a business or organization in our community to feature in our Community Corner email us your suggestions or comment below!

Identity Theft: Things to do to protect yourself

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Identity theft affects millions of people every year, but there are several simple things you can do to help protect yourself.

  • Shred your bills, receipts, financial statements or any record with your name address or birthday with a crosscut shredder.
  • Review your bank statements, annual social security earnings statement and your annual credit report for abnormal activity or changes.
  • Your wallet and purse are a big target for thieves. Empty your wallet of all extra credit cards, social security cards, birth certificate, passport, identification cards you don’t need on a weekly basis, as well as receipts and credit card statements.
  • Be careful using an ATM’s or prepaid phone card. “Shoulder surfers” can get your “pin” and get access to your accounts.
  • Protect your mail. Identity thieves are always on the lookout for incoming mail just sitting in your mailbox. Have your checks delivered to the bank or pick your checks up at the bank. Do not put checks in the mail from your home mailbox. Drop them off at a U.S. Mailbox or the U.S. Post Office. Get your mail as soon as possible. If you are going away, arrange for a trusted friend to pick up your mail.
  • Always log out of websites you shop or bank on.
  • Erase financial programs and stored information from your computer’s hard drive and your old cell phone before you dispose of them.
  • Create strong passwords that use a combination of letters, numbers and symbols, and avoid using the same password and username for multiple accounts.
  • Cancel all credit cards that you do not use or have not used in 6 months. Thieves use these very easily—open credit is a prime target.
  • Do not put your telephone numbers on your checks.
  • In conjunction with a credit card sale, do not put your address, telephone number, or driver’s license number on the statement.
  • Make a list of all your credit card account numbers and bank account numbers with customer service phone numbers and keep it a safe place. (Do not keep it on the hard drive of your computer if you are connected to the Internet.)

While Identity theft is a growing and serious problem, you will never completely eliminate the risk. These are a few suggestions that will help you significantly reduce your exposure and risk to Identity theft.

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 www.lafayettecommunitybank.com 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!

LCB-blog1

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.

Consultative

Character

Committed

Customers

Community

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 www.lafayettecommunitybank.com