Nov 11, 2009
Bank of Luxemburg: The Location for a New Veteran's Day Memorial
Local veterans, residents, business owners, board members, Luxemburg-Casco High School community, problem solving students, and faculty gathered outside Bank of Luxemburg’s main branch on Wednesday, November 11, in honor of Veteran’s Day. It was the first gathering of this sort since last year’s dedication of Veteran’s Memorial Park, which is located directly in front of Bank of Luxemburg and marked by five monuments. The memorial program included a welcome message, prayer, reflection speech, riffle guard, the playing of taps, and ended with a moment of silence. Following the service, Luxemburg-Casco High School students relived history as they spoke with the veterans about the meaning of Veteran’s Day and listened to them tell stories of war. Several generations reflected together on the importance of the special day. Bank of Luxemburg appreciates all those who serve in the military and armed forces and is proud to be the site for this new tradition, as the Veteran’s Day Memorial service hopefully becomes an annual event.
Oct 7, 2009
Get Smart About Credit
As the economy and new legislation shape a new credit reality for young adults, Bank of Luxemburg is encouraging the public to celebrate the seventh annual “Get Smart About Credit Day” on October 15 (and throughout the month) which stresses the fundamentals of wise credit use.
Aug 14, 2009
Bank of Luxemburg Announces Earnings
Luxemburg Bancshares, Inc.—parent company of the Bank of Luxemburg—announced earnings for the first six months ending June 30, 2009 of $870,068 compared to $630,104 for the first six months of 2008...a noteworthy increase. According to Mr. Slatky, “The primary reason for the increase in the first six months of 2009 is significant loan refinance activity due to lower interest rates and improvement in the bank’s net interest income.”
Total assets have grown from $204,619,620 (June 30, 2008) to $218,911,323 (June 30, 2009). Mr. Slatky noted, “The increase is most likely due to depositors seeking a safe, secure financial institution in which to invest their funds.”
Total assets have grown from $204,619,620 (June 30, 2008) to $218,911,323 (June 30, 2009). Mr. Slatky noted, “The increase is most likely due to depositors seeking a safe, secure financial institution in which to invest their funds.”
Aug 13, 2009
New Information Technology Director at Bank of Luxemburg
Bank of Luxemburg proudly announces the hiring of Joel Williquette, Information Technology Director. Joel’s day to day responsibilities involve leading the bank’s technology initiatives. He will evaluate the needs of the bank and find the correct technology-related solutions including employee training, evaluating new business systems, and overseeing network infrastructure change.
Joel brings with him a wide-array of experience. Joel spent half his career working as a technology consultant, and the other half working directly with fortune five hundred sized companies. Joel’s specialties included Microsoft networks and project management.
Joel says, “I’m very excited to be serving the Luxemburg and surrounding communities. Bank of Luxemburg in particular has a real dedication to technology and their customers which makes it a really wonderful place to work.”
Joel brings with him a wide-array of experience. Joel spent half his career working as a technology consultant, and the other half working directly with fortune five hundred sized companies. Joel’s specialties included Microsoft networks and project management.
Joel says, “I’m very excited to be serving the Luxemburg and surrounding communities. Bank of Luxemburg in particular has a real dedication to technology and their customers which makes it a really wonderful place to work.”
Aug 7, 2009
Bank of Luxemburg Pitches in for Back-to-School
“Back to School” took on new meaning for Bank of Luxemburg this year. As customers dropped by to make their weekly deposits or meet with banking officers, they were encouraged to bring “back-to-school” items into the bank during the month of July. Bank of Luxemburg employees were also encouraged to donate items and contributed cash on “Dress Down Day”—a day when employees were allowed to wear jeans, in exchange for $5.
Bank of Luxemburg employees saw an outpouring of giving, even during a difficult economic time. To date, Bank of Luxemburg collected hundreds of dollars in cash and school supplies including writing utensils, art products, calculators, and organizers. A check and all items collected will be presented to Kewaunee County to benefit residents in need.
Bank of Luxemburg would like to extend a “thank you” to all customers who participated. This first-time, back-to-school collection was such a success that Bank of Luxemburg plans to continue the event next year, setting even higher goals.
Bank of Luxemburg employees saw an outpouring of giving, even during a difficult economic time. To date, Bank of Luxemburg collected hundreds of dollars in cash and school supplies including writing utensils, art products, calculators, and organizers. A check and all items collected will be presented to Kewaunee County to benefit residents in need.
Bank of Luxemburg would like to extend a “thank you” to all customers who participated. This first-time, back-to-school collection was such a success that Bank of Luxemburg plans to continue the event next year, setting even higher goals.
Jun 16, 2009
Luxemburg Bancshares, Inc. Approves Dividend
Luxemburg Bancshares, Inc.—parent company of the Bank of Luxemburg—announced earnings for the first quarter of 2009 and approved a semi-annual cash dividend of $.50 per common share. The cash dividend was payable on June 12, 2009 to stockholders of record as of June 1, 2009. John Slatky, President of Luxemburg Bancshares, Inc. stated, “Our consistent annual dividends are just one example of the solid financial position of Luxemburg Bancshares, Inc. and the Bank of Luxemburg. We are profitable and expect to remain so.”
Net income for the three months ending March 31, 2009, was $429,477 or $.82 per share as compared to $311,651 or $.59 per share for the fourth quarter 2008...a noteworthy increase. According to Mr. Slatky, “The primary reason for the increase in the first quarter of 2009 is significant loan refinance activity due to lower interest rates.”
Net income for the three months ending March 31, 2009, was $429,477 or $.82 per share as compared to $311,651 or $.59 per share for the fourth quarter 2008...a noteworthy increase. According to Mr. Slatky, “The primary reason for the increase in the first quarter of 2009 is significant loan refinance activity due to lower interest rates.”
Mar 25, 2009
Community Banks Strengthen Wisconsin's Economy
To celebrate National Community Banking Month, the Bank of Luxemburg is trying to raise awareness about the importance of community banking.
“Banking within our community is so vital to our state’s economic success,” Bank of Luxemburg President, John Slatky said. “We know many of our customers personally, make lending decisions locally, and invest in local businesses.” Community banks have made significant contributions to the economic well-being of our state through financial support, dedication as good neighbors, and above all, as financially sound and reliable sources of community income.
Established in 1903, the Bank of Luxemburg is one of 280 community banks headquartered in Wisconsin. “We’re proud to say that the Bank of Luxemburg was here during The Great Depression. We’ve been here for previous recessions. We’ve seen ourselves through the ups and downs of the stock market. We’re a rock solid constant in this shaky economy and are committed to our community for the long term,” President John Slatky said.
In addition to simply trying to raise awareness about community banking, the Bank of Luxemburg, along with Chamber Businesses, will be hosting their annual “Easter Egg Hunt” Saturday, April 11th at the Luxemburg Community Center and Park complete with activities, treats, and prizes. Also, the Bank of Luxemburg will be holding an essay contest for Kewaunee County High School students with winners receiving scholarship money. Finally, Bank of Luxemburg branch locations will each hold their own prize drawings as well. Community banking is something to celebrate all year long, not just during Community Banking Month. President John Slatky summed things up saying, “News about Wall Street banks capture headlines, but the untold story is that Main Street community banks continue to serve customers and our local economy daily. Together, we are the fabric of our communities.”
“Banking within our community is so vital to our state’s economic success,” Bank of Luxemburg President, John Slatky said. “We know many of our customers personally, make lending decisions locally, and invest in local businesses.” Community banks have made significant contributions to the economic well-being of our state through financial support, dedication as good neighbors, and above all, as financially sound and reliable sources of community income.
Established in 1903, the Bank of Luxemburg is one of 280 community banks headquartered in Wisconsin. “We’re proud to say that the Bank of Luxemburg was here during The Great Depression. We’ve been here for previous recessions. We’ve seen ourselves through the ups and downs of the stock market. We’re a rock solid constant in this shaky economy and are committed to our community for the long term,” President John Slatky said.
In addition to simply trying to raise awareness about community banking, the Bank of Luxemburg, along with Chamber Businesses, will be hosting their annual “Easter Egg Hunt” Saturday, April 11th at the Luxemburg Community Center and Park complete with activities, treats, and prizes. Also, the Bank of Luxemburg will be holding an essay contest for Kewaunee County High School students with winners receiving scholarship money. Finally, Bank of Luxemburg branch locations will each hold their own prize drawings as well. Community banking is something to celebrate all year long, not just during Community Banking Month. President John Slatky summed things up saying, “News about Wall Street banks capture headlines, but the untold story is that Main Street community banks continue to serve customers and our local economy daily. Together, we are the fabric of our communities.”
Jan 22, 2009
Bank of Luxemburg Employee Taking On New Position
The Bank of Luxemburg congratulates DeAnna Tittel on her promotion to Retail Market Manager overseeing both the main Luxemburg office in addition to the IGA location.
DeAnna is happy to have the opportunity to serve the Luxemburg community in this newfound capacity and hopes to make a difference with customers saying, “I’m already familiar with the Bank of Luxemburg and their goals and want to continue making a presence in a new market.” Her new position involves business development in the Luxemburg area.
Previously, DeAnna worked at the Bank of Luxemburg’s Bellevue location as a Retail Sales Officer for the past eleven years.
DeAnna is happy to have the opportunity to serve the Luxemburg community in this newfound capacity and hopes to make a difference with customers saying, “I’m already familiar with the Bank of Luxemburg and their goals and want to continue making a presence in a new market.” Her new position involves business development in the Luxemburg area.
Previously, DeAnna worked at the Bank of Luxemburg’s Bellevue location as a Retail Sales Officer for the past eleven years.
Jan 21, 2009
Bank of Luxemburg Employee Receives Promotion
The Bank of Luxemburg is proud to announce the promotion of Andy Hucek to Assistant Operations Officer. Andy has been with the Bank of Luxemburg for four and a half years and feels well-equipped to handle his new responsibilities.
“I’m now in charge of bank security as well as being a Bank Secrecy Act officer. I’m overseeing the bookkeeping department too. These new tasks present an exciting challenge for me that I’m well equipped to handle. I’m flattered that The Bank of Luxemburg feels I’m the right man for the job.”
“I’m now in charge of bank security as well as being a Bank Secrecy Act officer. I’m overseeing the bookkeeping department too. These new tasks present an exciting challenge for me that I’m well equipped to handle. I’m flattered that The Bank of Luxemburg feels I’m the right man for the job.”
Jan 20, 2009
County Launches Campaign to Strengthen Local Economy
To celebrate National Community Banking Month, the Bank of Luxemburg is trying to raise awareness about the importance of community banking.
“Banking within our community is so vital to our state’s economic success,” Bank of Luxemburg President, John Slatky said. “We know many of our customers personally, make lending decisions locally, and invest in local businesses.” Community banks have made significant contributions to the economic well-being of our state through financial support, dedication as good neighbors, and above all, as financially sound and reliable sources of community income.
Established in 1903, the Bank of Luxemburg is one of 280 community banks headquartered in Wisconsin. “We’re proud to say that the Bank of Luxemburg was here during The Great Depression. We’ve been here for previous recessions. We’ve seen ourselves through the ups and downs of the stock market. We’re a rock solid constant in this shaky economy and are committed to our community for the long term,” President John Slatky said.
In addition to simply trying to raise awareness about community banking, the Bank of Luxemburg, along with Chamber Businesses, will be hosting their annual “Easter Egg Hunt” Saturday, April 11th at the Luxemburg Community Center and Park complete with activities, treats, and prizes. Also, the Bank of Luxemburg will be holding an essay contest for Kewaunee County High School students with winners receiving scholarship money. Finally, Bank of Luxemburg branch locations will each hold their own prize drawings as well. Community banking is something to celebrate all year long, not just during Community Banking Month.
President John Slatky summed things up saying, “News about Wall Street banks capture headlines, but the untold story is that Main Street community banks continue to serve customers and our local economy daily. Together, we are the fabric of our communities.”
“Banking within our community is so vital to our state’s economic success,” Bank of Luxemburg President, John Slatky said. “We know many of our customers personally, make lending decisions locally, and invest in local businesses.” Community banks have made significant contributions to the economic well-being of our state through financial support, dedication as good neighbors, and above all, as financially sound and reliable sources of community income.
Established in 1903, the Bank of Luxemburg is one of 280 community banks headquartered in Wisconsin. “We’re proud to say that the Bank of Luxemburg was here during The Great Depression. We’ve been here for previous recessions. We’ve seen ourselves through the ups and downs of the stock market. We’re a rock solid constant in this shaky economy and are committed to our community for the long term,” President John Slatky said.
In addition to simply trying to raise awareness about community banking, the Bank of Luxemburg, along with Chamber Businesses, will be hosting their annual “Easter Egg Hunt” Saturday, April 11th at the Luxemburg Community Center and Park complete with activities, treats, and prizes. Also, the Bank of Luxemburg will be holding an essay contest for Kewaunee County High School students with winners receiving scholarship money. Finally, Bank of Luxemburg branch locations will each hold their own prize drawings as well. Community banking is something to celebrate all year long, not just during Community Banking Month.
President John Slatky summed things up saying, “News about Wall Street banks capture headlines, but the untold story is that Main Street community banks continue to serve customers and our local economy daily. Together, we are the fabric of our communities.”
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