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Jun 10, 2016

Luxemburg Bancshares, Inc. Declares Dividend

Luxemburg Bancshares, Inc., parent company of Bank of Luxemburg, held its annual meeting on May 17, 2016 and announced a semi-annual dividend of $.56 per share, payable on June 15, 2016, to shareholders of record as of June 1, 2016. The current dividend is an increase of $0.02, compared to the June 2015 dividend of $0.54 per share paid on June 13, 2015.

The shareholders also elected Michael R. Baudhuin and David S. Rueckl to the Board of Directors of Luxemburg Bancshares Inc. Mr. Baudhuin is the Executive Vice President and Co-owner of Wire Tech Fabricators, Inc. in Sturgeon Bay, WI and Mr. Rueckl is the owner of Rueckl Oil, a northeast Wisconsin distributor located in Casco, WI.

Michael R. Baudhuin 
 David S. Rueckl 
President John Slatky noted, “Continued dividends are one example of the solid financial position of Luxemburg Bancshares, Inc. and Bank of Luxemburg.” The Company has a 33-year history of paying and increasing dividends on an annual basis. The Bank is expecting to maintain profitable operations through 2016 and beyond with substantial deposit and loan growth.

Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Kewaunee, Dyckesville, Casco, Algoma and Sturgeon Bay.  The company also operates Raymond James Financial Services, offering financial planning and the sale of alternative investments to its customers in each community.  For more information about Luxemburg Bancshares, Inc. contact John Slatky at 1-920-845-2345.

Apr 8, 2016

Bank of Luxemburg Increases Revitalization Fund to $3 Million

Loan Program Aimed to Benefit all of Kewaunee County 


Bank of Luxemburg has increased the dollar amount and eligible footprint for their Revitalization Program. The program, which initially allocated $1 million to businesses within Luxemburg, will now allocate $3 million to the fund and it will be available to businesses throughout all of Kewaunee County.

The Revitalization Program assists business owners to enhance the physical appearance and economic vitality of their businesses and commercial buildings within all of Kewaunee County. Long-term objectives of the program include physical improvements of buildings, landscaping and parking lots, plus increased pedestrian functionality.

“Like Luxemburg, Algoma has its main street program, and Kewaunee is looking toward additional development with its harbor renovation,” said Executive Vice President Tim Treml. “From the Town of Carlton to the Town of Red River, there are small businesses that could benefit from this program.”

Loan amounts will vary from $5,000-$50,000 with a low fixed interest rate and special repayment terms based on individual project needs. Eligible loan uses include facade improvements, pedestrian cover, historical preservation, structure renovations and accessibility improvements.

Kewaunee County business owners interested in the Revitalization Program can contact Mike Stone at Bank of Luxemburg at 920-845-2345 or mikestone@bankoflux.com.


Bank of Luxemburg and Luxemburg Bancshares, Inc. have full-service banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. The company also offers investment services, financial planning and the sale of alternative investments to its customers in each community. For more information about Bank of Luxemburg and Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.

Jan 7, 2016

Bank of Luxemburg Plans to Open Kewaunee Branch

Bank of Luxemburg has announced plans, contingent on obtaining regulatory approval, to build a new branch in Kewaunee. During construction, the bank is planning to operate a branch in temporary location, opening early 2016.

This proposed new branch will bring Bank of Luxemburg’s community-focused service closer to the many Kewaunee residents who have been Bank of Luxemburg customers for years. In addition—considering all the changes that other Kewaunee-area financial institutions are undergoing—this new Bank of Luxemburg branch will offer residents the opportunity to choose a locally owned bank for all their financial needs in the future.

Bank of Luxemburg is an independent community bank with a focus on providing a full range of financial products and hometown service to the communities served. As the only bank headquartered in Kewaunee County, Bank of Luxemburg employees enjoy serving their friends and neighbors. “The people at Bank of Luxemburg understand the Kewaunee area’s needs,” said Bank of Luxemburg president John Slatky. “In addition, we are familiar with businesses here and make all loan decisions locally. We often say we are ‘Committed to your success. See what a difference it makes,’ and we certainly are committed to making a difference in Kewaunee,” he added.

According to Bank of Luxemburg CFO Joe Mauel, “Once regulatory approval is received, Bank of Luxemburg will finalize the new branch implementation plan to serve the Kewaunee area’s banking needs. This process could be completed in 30-45 days.”

Bank of Luxemburg and Luxemburg Bancshares, Inc. have full-service banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma and Sturgeon Bay. The company also operates Raymond James Financial Services, offering financial planning and the sale of alternative investments to its customers in each community. For more information about Bank of Luxemburg and Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.

Jul 22, 2015

Discover our Virtual Branch

Banking just got a whole lot more convenient with Bank of Luxemburg's Virtual Branch. With our new Virtual Branch you can open checking and savings accounts and CDs, manage your accounts and even apply for most types of loans. Take a moment to watch our video, then go to our web page to learn all the advantages you'll receive when you "visit" our Virtual Branch!

Bank of Luxemburg Vice President of Information Technology Earns Master of Management Degree

 Bank of Luxemburg Vice President of Information Technology Joel Williquette recently graduated with a master’s degree in management from University of Wisconsin – Green Bay. The management master’s program teaches the values of organizational change and leadership.

“Bank of Luxemburg is a very reflective organization and we are always striving to improve,” Williquette said. “The skills I developed in the master’s program are transferable to everyday situations where I function as a member of the bank’s executive team, lead strategic action plans, and manage the IT department. It has given me new tools for helping to improve the bank and best serve our Customers.”

In addition to his role as vice president of information technology, Williquette also serves as Bank of Luxemburg’s information security officer and is a member of the bank’s executive team.

Williquette recently celebrated six years of employment at Bank of Luxemburg. He held the position of director of information technology before being promoted to his current role in 2013. Williquette earned a bachelor’s degree in information technology management with a business administration minor from University of Wisconsin – Green Bay in 2011.

Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma and Sturgeon Bay. The company also operates Raymond James Financial Services, offering financial planning and the sale of alternative investments to its customers in each community. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.


Jun 24, 2015

Getting Started with Online Banking

We are pleased to introduce Bank of Luxemburg's new online banking system. Online banking offers you convenience and accessibility. Bank anywhere you have internet access! For extra convenience, don't forget to download the FREE Bank of Luxemburg online banking app from the iTunes Store or Google Play.

The following video will show you what to expect when you log in for the first time. If you have any further question, call us at (920) 845-2345 and we'll be happy to assist you!

Apr 29, 2015

Community Banks Keep Rural America Growing


Bank of Luxemburg takes pride in serving our friends and neighbors! Our customers appreciate our hometown service and personal attention. And, as a community bank, we make our loan decisions locally with a quick turnaround times. Community banking is one very important way rural areas grow and prosper!

Just one of the many ways community banks build better communities
Washington, D.C. (April 13, 2015)—During ICBA Community Banking Month, the Independent Community Bankers of America® (ICBA) celebrates the nation’s community banks for their unparalleled role in helping America grow by lending to local farmers, ranchers and agricultural enterprises and serving as financial first responders to the agricultural economy.
“Community banks are essential to the overall health and financial success of rural America because they provide an overwhelming share of credit to local farmers and ranchers,” said ICBA Chairman Jack Hartings, president and CEO of The Peoples Bank Co., Coldwater, Ohio. “Many community banks have been serving agricultural enterprises and family farms in their communities for more than 100 years. And because community banks are small business owners themselves, they are better able to serve their agricultural customers because they understand the local market first-hand and have highly specialized expertise in the agriculture business.”
Across the nation, community banks operate 52,000 locations, employ 700,000 Americans and hold $3.6 trillion in assets, $2.9 trillion in deposits and $2.4 trillion in loans to consumers, small businesses and the agricultural community.
Community banks have consistently been the largest provider of agricultural credit within the commercial banking sector and are often the catalysts for new and expanded business opportunities within their communities to ensure long-term economic viability and vitality. In fact, community banks provide $57 billion in agriculture loans.
“Community banks stimulate rural economies in a multitude of ways, including creating jobs, maintaining the local tax base and facilitating development of the infrastructure and public services necessary to keep rural communities vibrant,” Hartings said. 
To take part in the conversation on ICBA Community Banking Month, follow #BankLocally on Twitter.