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A Letter from our CEO | Customer Connection Newsletter | Press
Let me be the first to welcome you to LaPorte Savings Bank! Since 1871, we have worked to bring LaPorte County and Northwest Indiana communities quality banking products and people they can trust. With a mere 400 depositors and a single shared office at the end of our first year in business, today we have grown to serve more than 26,000 customers from eight full-service banking centers. We are excited at the growth our company has experienced and look forward to bringing our "Community Bank" way of doing business to more communities in the years ahead.
One thing that has remained constant throughout our existence is our commitment to providing quality personalized service and taking a vested interest in the communities that we serve. This is your community bank...we welcome your ideas and suggestions to better serve you! |
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We hope that your visit to our website has been enjoyable as well as informational. Should you have additional questions about the products and services we offer, please visit with one of our knowledgeable Customer Service Representatives at any of our convenient locations.
We appreciate your loyalty and thank you for choosing LaPorte Savings Bank.
Sincerely,
Lee A. Brady
CEO
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LA PORTE SAVINGS BANK ADDS NEW PORTER COUNTY LENDER
 LaPorte, IN - Robert M. Zborowski, CTP, of Valparaiso, Indiana has joined the LaPorte Savings Bank as a Commercial Lender. Zborowski brings with him over eighteen years’ experience in varying aspects of the financial industry. Prior to joining LaPorte Savings Bank, he served as a Treasury Management Officer for the past eight years. Zborowski is a Certified Treasury Professional and a Member of the Association of Financial Professionals. A graduate of Purdue University, he holds a Bachelor of Science Degree from the School of Management.
Zborowski will be headquartered at the LaPorte Savings Bank-Chesterton Office located at 851 Indian Boundary Road, Chesterton. He may be reached at (219)926-8961.
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BOOTH JOINS LAPORTE SAVINGS BANK
 The LaPorte Savings Bank is pleased to announce the addition of Gary A. Booth as Residential Mortgage Loan Manager. Booth is a native of Niles, Michigan with over 30 years of experience in the banking and mortgage lending business. Booth owned and operated his own mortgage company for many years. His company was the first privately owned mortgage broker in Indiana and Michigan to secure FHA and VA Title II Correspondent approval from HUD in 1999. In his career, Booth also managed mortgage operations, mortgage sales, and consumer and commercial lending.
Booth holds an accounting degree from Ferris State University. He served on the Southwest Michigan Board of Realtors, the South Bend/Mishawaka Board of Realtors, is the past president of the Mortgage Brokers Association of Northern Indiana, and is a past
member of the Niles, Dowagiac and South Bend Chambers of Commerce.
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LA PORTE SAVINGS BANK WELCOMES NEW LENDERS
 LaPorte - LaPorte Savings Bank is pleased to announce the addition of Austen Kesling as Mortgage Loan Originator at its Main Branch located at 701 Indiana Avenue, LaPorte.
Kesling brings a strong background of sales and customer service to this position. A lifelong resident of LaPorte County, Kesling received a Bachelor’s Degree from Purdue University.
Austen can be reached at the Main Office of LaPorte Savings Bank or by calling (219)362-0838.
Founded in 1871, La Porte Savings Bank is a full service lending institution with eight branch locations within LaPorte and Porter County. LaPorte Savings Bank is an Equal Housing Lender and Member of the FDIC.
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Protecting Against Data Breaches
The possibility of the average consumer becoming a victim of a data breach grows with each new advancement in electronics. A data breach occurs when sensitive or confidential information—driver’s license numbers, medical records, Social Security numbers, bank or credit card account numbers—is stolen, copied or used by an unauthorized person.
In 2004, only one state required businesses to alert consumers if their personal data had been stolen. Since then, legislation has passed in 45 additional states, including Indiana, to ensure that affected consumers are contacted should their personal information be lost or stolen.
While news spreads quickly when there is a major breach affecting millions of accounts, large companies are not the only ones that suffer from such thefts. Smaller companies can be compromised by an employee, a partner or an external computer hacker.
Prevention
Consumers can take the following steps to protect against a personal data breach:
- Review credit card and bank statements for fraudulent charges at least once a month.
If there is a suspicious charge, contact your financial institution.
- Request that your financial institution close any accounts that you suspect were compromised, and ask for replacement cards with new account numbers and PINs.
- Determine if there have been unusual requests, such as change-of-address or attempts to secure additional or replacement credit cards.
- Instruct the card issuer not to honor any requests regarding your card without your written authorization.
- Credit card issuers offer a variety of e-mail and/or text notices. You can ask for a notice when charges over a certain amount are made, or when your balance reaches a certain level.
Follow Up
If you have been the victim of identity theft, contact the three credit reporting agencies—Equifax, Experian and TransUnion—to place a security freeze on your account:
Report the identity theft to the police, as you may need to provide a copy of the police report to your bank, creditors and credit reporting agencies. If the local police are not familiar with investigating information compromises, contact the local office of the FBI or the U.S. Secret Service.
To ensure that an identity thief has not opened a new account in your name, you should review your credit report. To obtain a free copy of the report, go to www.annualcreditreport.com. If there are any accounts on your report that you did not open, contact the credit bureau to report the fraud and dispute the charges.
This information is provided with the understanding that the Association is not engaged in rendering specific legal, accounting or other professional services. If specific expert assistance is required, the services of a professional should be sought. Provided as a public service by the Indiana Bankers Association.
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Security Tips for Online Bill Payment
When it comes to paying your monthly bills, you have three main options. You can (1) pay in person with cash or a check; (2) mail in a check using traditional mail; or (3) pay your bills online using some form of electronic bill payment and presentment. When considering these choices, it is important to understand the risks associated with each, and the ways to reduce those risks.
For most people, the first option of paying bills in person is unrealistic, due to the time and effort involved. That leaves two remaining options-paying either by check or online.
Paying through traditional mail may seem attractive, but this option carries a higher risk of identity theft. Identity thieves can access mail to collect information from account statements or bills. Worse yet, mailed checks can be stolen or altered. To reduce this risk, do not leave outgoing mail with checks in an unsecured location.
Paying bills online also involves risks, but many are preventable. Generally speaking, there are two ways to pay your bills online: through a Web bill pay function that is included with an Internet banking product provided by your bank, or by logging in to a biller's website and using a credit or debit card. Regardless, the following six tips can help protect personal information while using online technology:
- Do not use a public computer. If you are using a computer that others have access to, thieves can easily install a key (logger software) that can collect your user ID, PIN numbers or credit/debit card information.
- Do not use a public Wi-Fi network. All it takes is a moderately tech-savvy criminal and a low-cost scanner, and your information can be plucked out of thin air. Note to travelers: Be aware that hotel Wi-Fi networks are not secure.
- Keep your browser up-to-date. No matter what browser you are using, make sure you keep it updated. If you are not updating your browser, your security could be compromised. When those pesky boxes pop up telling you to update your browser, take the time to do it. Also look for a secure connection, as evidenced by a secure padlock located in the address bar or in the bottom right-hand corner of your browser - this symbol indicates that your information is encrypted. Last, make sure that any page you use to pay bills online has "https" in the URL (address), signifying a secure connection.
- Use anti-virus/anti-malware. If you use your own personal computer to access the Internet, you need to have anti-virus and anti-malware software running and current.
- Passwords, passwords, passwords! Don't even think about using "1234" or "abcd" as your password. Take the responsibility to secure your information with a strong password. It is very important to change your password on a regular basis. A strong password should contain uppercase and lowercase alpha characters (but no words or names) and numeric characters, and be at least eight characters long. Use a special character as well, if the site allows one. If you are having problems managing your passwords, consider using password management tools, such as KeePass Password Safe.
- Don't click on links. Either bookmark the website in your browser, or type in the website address. Do not click on a link provided by your bank or a biller in an email. These links can lead you to fake websites that attempt to capture your information when you log in using your ID and password.
By following these six security tips, online bill payment is not only cost-effective and convenient, but also reliable and secure.
This article is not intended as legal advice with the understanding that the Association is not engaged in rendering specific legal, accounting or other professional services. If specific expert assistance is required, the services of a professional should be sought. Provided as a public service by the Indiana Bankers Association.
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Lloyd Named RDC Lender of the Year
 Brock Lloyd, LaPorte Savings Bank, Vice President of Commercial Lending was named the 2012 Lender of the Year at the Regional Development Corporation (RDC) annual membership meeting Thursday, November 1, at Gamba restaurant in Merrillville. The RDC is a Certified Development Company (CDC). CDCs are regional economic development organizations that are licensed by the U.S. Small Business Administration (SBA). The RDC makes loans under the SBA 504 loan program to assist small business. The RDC processes, approves, closes and services all loans.
Lloyd was also named to the 2012 Millionaires Club, a group of lenders who closed over one million dollars in loans this year.
"It's a team effort," said Lloyd, who is located at the LaPorte Savings Bank-Chesterton office and does business in Lake and Porter counties. "I find the opportunities and the bank helps to make the deals happen — LaPorte Savings Bank has set itself up to get loans approved and help businesses grow."
"I really feel like this year, more than the last few years, things are picking up," he said.
Founded in 1871, La Porte Savings Bank is a full service lending institution. La Porte Savings Bank serves La Porte, Michigan City, Chesterton, Rolling Prairie, and Westville.
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LaPorte Savings Bank Announces Mobile Winner
Kim Martin, co-owner of Bubbles Ice Cream in Michigan City, was the recent winner of a $500 VISA Gift Card from the LaPorte Savings Bank. The Bank offered the prize in a random drawing promoting their new Mobile Phone APP. Mobile Banking - available for iPhone, Android, or other mobile devices – brings a whole range of banking features plus convenience and flexibility to LaPorte Savings Bank customers. Bill signed Kim up for Mobile Banking in the Michigan City branch office. To learn more about LaPorte Savings Bank and the ease of Mobile Banking stop by a branch or call 866.362.7511 for details.
Photo (l to r)LaPorte Savings Bank Customer Service Representative Bill Humes, Kim Martin of Bubbles Ice Cream, and Michigan City Branch Manager Sandy Schroeder.
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Kevin Beres, Senior Vice President of LaPorte Savings Bank
 Kevin Beres, Senior Vice President of LaPorte Savings Bank was awarded a diploma on August 24, 2012, at commencement exercises during the 68th annual session of the prestigious Graduate School of Banking at the University of Wisconsin-Madison.
The School, sponsored by the 18 state bankers associations comprising the Central States Conference of Bankers Associations, and the University of Wisconsin-Madison, was established in 1945 to provide bankers with an opportunity for advanced study and research in banking, economics and leadership. Instruction at the Graduate School of Banking takes place during two-week resident sessions for three consecutive summers, along with comprehensive study between summer resident sessions. The curriculum focuses on the management of strategic issues faced by banking executives and financial services industry professionals.
The Graduate School of Banking enrolls approximately 550 US and international professionals each year. Over 85 esteemed academicians, economists, government officials, and industry professionals comprise the School’s faculty.
S. Joe DeHaven, president and CEO, Indiana Bankers Association, Indianapolis, was the featured speaker at commencement; Mr. DeHaven is a 1987 graduate of the Graduate School of Banking and serves as secretary on the GSB Board of Trustees.
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Laporte Bancorp, Inc. Announces Quarterly Cash Dividend
August 16, 2012, LaPorte Bancorp, Inc. (NASDAQ Capital: LPSB) today announced that its Board of Directors declared a quarterly cash dividend of $0.04 per common share. The dividend will be paid on or about September 5, 2012, to stockholders of record as of the close of business on August 27, 2012. This represents a dividend yield of 1.6 percent based on the price per share of $9.74 at the close of markets on August 14, 2012, the date on which the Board approved the dividend. LaPorte Savings Bank, MHC, which held 54.1% of the common stock issued by LaPorte Bancorp, Inc. at June 30, 2012, will not waive its receipt of the dividend.
Founded in 1871, The LaPorte Savings Bank is an Indiana-chartered savings bank that operates eight full service locations in the LaPorte and Porter County regions of Northwest Indiana. As a community-oriented savings bank, the Bank offers a variety of deposit and loan products to individuals and small businesses. Investors may obtain additional information about LaPorte Bancorp and the Bank on the internet at www.laportesavingsbank.com, under Investor Relations.
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Important Email Fraud Notice
It has been reported that a fraudulent email is circulating announcing that, if you click on the link in the email, LaPorte Savings Bank will be issuing you a $1,000 Visa gift card. The email includes a link to provide an address to which to mail the gift card. If this email message is received, consumers are being urged NOT to open the website link.
At LaPorte Savings Bank, we would like to remind our customers that we will never request your address, card information, or PIN number over the phone, through an automated system, or via email. We ask that all customers diligently protect their account information to prevent fraudulent activity from occurring.
For additional clarification of this information, please contact our Risk Management Department at (219) 362-7511 or 1-866-362-7511 during normal business hours.
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Creative Living Magazine Recognizes La Porte Savings Bank
Investing in community
By Amy Korpi
Have the highly publicized scandals and bailouts involving the banking industry in recent years left you cynical? There’s an antidote for that. It’s found among those financial institutions that are thriving and sharing their success with the communities they serve. Case in point: The LaPorte Savings Bank.
To continue reading click here.
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Supporting "Rebuilding Together Duneland"
Rebuilding Together Duneland volunteer, Mike Dunlap (left) of D&D Restoration & Remodeling receives a $1000 donation from Brock Lloyd, VP-Commercial Lending of the LaPorte Savings Bank. The contribution marks the fifth consecutive year the bank has co-sponsored a home for Rebuilding Duneland Together. To learn more about Rebuilding Duneland Together visit www.rtduneland.org.
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Dan Carroll has joined The La Porte Savings Bank as Executive Vice President and Chief Credit Officer
 We are pleased to announce that Dan Carroll has joined The La Porte Savings Bank as Executive Vice President and Chief Credit Officer. Mr. Carroll joins our organization with more than fifteen years of banking experience in the commercial loan area. He has specific expertise in auditing loan portfolios and relationship management, having focused on advising clients regarding proper loan structuring to best meet their business needs. In his new position, he will oversee our loan portfolios as to risk management considerations and lead the credit and collections teams.
Mr. Carroll is a graduate of the University of Notre Dame with a Bachelor’s of Business Administration in Accounting and a graduate of the Graduate School of Commercial Lending in Norman, Oklahoma.
Mr. Carroll is a past member of the Lakeshore 504 Board Loan Committee, which is a Small Business Administration loan program created to enable small businesses to finance up to 90% of fixed assets at or below market interest rates. He has also served as a United Way and Habitat for Humanity volunteer for many years.
The La Porte Savings Bank proudly celebrates serving our communities for 140 years. A full service lending institution, The La Porte Savings Bank serves La Porte, Michigan City, Chesterton, Rolling Prairie, and Westville.
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La Porte Savings Bank: Proven Today; Primed for Tomorrow
 La Porte Savings Bank, La Porte, Indiana is once again proud to be recognized as a superior 5-Star rated bank by BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading bank rating and research firm. To earn this rating La Porte Savings Bank must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans.
That’s a combination that has been hard to come by the past couple of years. Yet, La Porte Savings Bank has managed to do it. With that, BauerFinancial bestows its highest 5-Star Superior rating on La Porte Savings Bank denoting the highest level of strength and performance that a bank can receive. In fact, La Porte Savings Bank has earned this 5-Star Superior rating for the last 87 consecutive quarters putting it in an even more elite group of “Sustained Superiority Banks”. Only 5% of the nation’s banks can claim this distinction.
“Not only has La Porte Savings Bank proven its efficacy yesterday and today, it is also primed for whatever tomorrow may bring,” observes Karen L. Dorway, president of BauerFinancial. “The past three years have put a considerable amount of pressure on our nation’s banks and we are pleased to see community banks, like La Porte Savings Bank, still able to shine.”
La Porte Savings Bank was established in 1871 and has been effectively meeting the needs of its local communities for 140 years. It currently operates through eight conveniently located offices in Chesterton, La Porte, Michigan City, Rolling Prairie and Westville and can also be found online at www.thelpsb.com.
La Porte Savings Bank: “Trust the Best in Community Banking.”
BauerFinancial, Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.
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Brock Lloyd Selected to Who's Who in Indiana
Brock Lloyd, Vice President of Commercial Lending, La Porte Savings Bank has been named to Building Indiana's Who's Who in Indiana Class of 2011 in recognition of his professional and civic contribution to the state. Lloyd was listed among others in the July/August 2011 issue of Building Indiana News.
Lloyd will be recognized at The Big Schmooze September 15, 2011 in Merrillville, IN. The Big Schmooze is a large-scale, high-end networking event for the Who’s Who and other state and local business professionals. The event also serves as the kick-off for the United Ways of Lake and Porter Counties corporate campaign.
Each year, Building Indian publishes the Who’s Who in Indiana list to recognize individuals in all industries who contribute to making Indiana a vibrant and active state. Honorees have improved the state’s future by advancing Indiana business and industry while also serving their communities. “What they do from nine to five is only a part of the story,” said Andrea Pearman, Publisher of Building Indiana News. “The Who’s Who set the bar for professionals in all industries in the state.”
La Porte Savings Bank has been a proud member of the La Porte community since 1871. A full service lending institution, La Porte Savings Bank serves La Porte, Michigan City, Chesterton, Rolling Prairie, and Westville.
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The La Porte Savings Bank Welcomes Liz Kaminski as Marketing Manager
The La Porte Savings Bank recently welcomed Liz Kaminski as Marketing Manager. Kaminski assumes responsibility for the communication and marketing efforts of the organization. A graduate of the University of Nebraska, Kaminski previously served as an account manager for Meridian Title Corporation in La Porte County and Southwest Michigan. An active community volunteer, Kaminski currently serves on the Board of Directors of the La Porte Hospital Foundation, Board of Trustees for the La Porte Family YMCA, and La Porte City Tree Commission. Kaminski has served in leadership roles for many local nonprofit boards in La Porte County including past president of the La Porte County American Red Cross, La Porte Family YMCA, La Porte Community Schools Education Foundation, La Lumiere School Parents Association, and Tri Kappa. Married to Jim Kaminski, she resides in La Porte and has two children Peter and Clara.
La Porte Savings Bank has been a proud member of the La Porte community since 1871. A full service lending institution, La Porte Savings Bank serves La Porte, Michigan City, Chesterton, Rolling Prairie, and Westville.
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Susan E. Spangler Moved to the Role of AVP/Mortgage Loan Originator
Susan E. Spangler-May moved to the role of AVP/Mortgage Loan Originator in October 2011 after having served our Bank in a variety of progressively responsible mortgage positions over the past 19 years. Susan’s work for the La Porte Savings Bank as a mortgage receptionist, processor, supervisor and underwriter makes her uniquely qualified for her current role. Susan has underwritten FHA mortgages since 2006.
Susan is an active Relay for Life of la Porte County committee volunteer and has been involved on the Advisory Board for the La Porte Girls Fast pitch Softball League.
Susan is a native of Michigan City. She resides in La Porte with husband Bill and their daughter Shelby.
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Michele M. Thompson Named President
La Porte Savings Bank made history in July when Michele M. Thompson was named President. The first woman selected to guide La Porte Savings Bank, Thompson’s proven leadership ability and over 30 years of banking experience will guide our organizations future growth. Thompson stated, “I am both thrilled and honored to be a part of the deep rooted history and success this Company has experienced over the last 140 years. I share the same commitment to our customers, employees, shareholders and community that have, and will continue to, be the hallmark of our organization.”
A graduate of Ball State University with a bachelor’s degree in Finance and an MBA in Business Administration from Indiana University South Bend, Thompson joined La Porte Savings Bank in 2003 as Chief Financial Officer. She was later promoted to Executive Vice President and in 2007 she was named a Director of the Bank.
Thompson is a past recipient of the Athena Award which honors women for accomplishments in their career, volunteer roles, and as a role model for women in business and leadership. Her commitment to community is evidenced by an impressive array of community leadership experience. She currently serves as the Chairman of the IU Health La Porte Hospital Foundation Board of Directors and sits on the Boards of IU Health La Porte Hospital and the Unity Foundation of La Porte County. Thompson is a member of the La Porte High School Athletic Department Advisory Committee, a member of St. Joseph Church, and a Habitat for Humanity volunteer.
Thompson has served as past board president of the La Porte Family YMCA and La Porte County United Way. She has served on the boards of the La Porte County Convention and Visitors Bureau, Parents and Friends, Tri Kappa, and the La Porte Area Juvenile Aid Association.
A native of La Porte County, Thompson resides in La Porte with her two children Drew and Taylor.
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Robin Clark Marks 25 years of Service to La Porte Savings Bank
 Robin Clark, Vice President of Commercial Lending, recently marked 25 years of service to the La Porte Savings Bank. She received her undergraduate degree from DePauw University in Greencastle, Indiana and her MBA from Indiana University – South Bend. Clark began her career in 1986 as a part-time teller and through the years became the bank’s first female Trust Officer, Compliance Officer, and Commercial Lending Officer.
Clark is an active member of the La Porte community and has served as a leader on many not for profit boards. She is a past Greater La Porte Chamber of Commerce Athena Award winner and a Spirit of Women Award winner – both awards honor women for their accomplishments in their career, volunteer roles, and as a role model for women in business and leadership. Clark maintains an active role in the La Porte Kiwanis Club, having served as a past Indiana District Kiwanis International Governor; the La Porte County American Red Cross as a volunteer instructor for lifeguarding, WSI, CPR, First Aid and AED; the La Porte Educational Foundation; Meals on Wheels; La Porte Chamber of Commerce Ambassador; and she serves as a Indiana High School Athletic Association Swim Official. Clark previously served as a longtime La Porte High School Girls Assistant Swim Coach, La Porte Community Turbo Swim Club Assistant Coach, and United States Swimming Swim Official.
The La Porte Savings Bank has been a proud member of the La Porte community since 1871. A full service lending institution, La Porte Savings Bank serves La Porte, Michigan City, Chesterton, Rolling Prairie, and Westville.
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State of Indiana offers Debt Management Website
Did you know money is the leading cause of stress for most Americans? As overwhelming as it may seem, there are steps you can take to regain control of your finances and manage your debt. The State of Indiana provides a helpful website to assist consumers with debt management issues. Visit http://www.in.gov/sos/securities/2526.htm to learn more. Remember . . . at the La Porte Savings Bank we are always available to discuss your financial needs. Just Ask Us.
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Vishing Fraud Alert
LaPorte Savings Bank has become aware that persons in the surrounding communities have received phone calls that appear to be vishing attempts. Vishing is a practice of using social engineering over the telephone, to gain access to private and financial information from the public for the purpose of financial reward. The term is a combination of “voice” and phishing. Vishing is typically used to steal credit card numbers or other information used in identity theft schemes from individuals. Although the use of automated responders is preferred by the vishers, there have been reported cases where human operators play an active role in these scams, trying to persuade the victims.
The recent attempts have involved a recorded message asking the person receiving the call to enter information such as a credit or debit card number or a PIN to reset their account or change their credit card interest rate. Consumers should be highly suspicious when receiving messages directing them provide account or PIN numbers.
When you are contacted via phone regarding any account information, it is a best practice to disconnect from the call that was initiated and, instead, reference the back of your card, a statement or a phone book and call the company back directly. This practice ensures that you are really talking to the party to whom you think you’re talking.
In many cases, the fraudulent phone calls are made outside of regular business hours to prevent victims from immediately contacting their financial institution. If you feel your LaPorte Savings Bank debit card or ATM card has been compromised and the Bank is not open, you should call 1-866-546-8273 to immediately deactivate your card. Then, please call our Operations Department during regular business hours to request a replacement card. If you feel credit card information has been compromised, contact your card provider immediately. In most cases, including LPSB credit cards, that number can be found on the back of your card.
LaPorte Savings Bank will never call its customers and ask them to enter a PIN or account number. If you are ever asked to do this, we recommend that you refuse and disconnect the call. If you receive a message similar to the one described above, please contact us immediately at (219) 362-7511 or 1-866-362-7511.
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LAPORTE BANCORP, INC. ANNOUNCES APPOINTMENT OF NEW CHAIRMAN OF THE BOARD OF THE LAPORTE SAVINGS BANK AND NEW PRESIDENT OF LAPORTE BANCORP, INC. AND THE LAPORTE SAVINGS BANK
LaPorte, IN - July 12, 2011. LaPorte Bancorp, Inc. (NASDAQ:LPSB), the holding company for The LaPorte
Savings Bank (the "Bank"), today announced the appointment of Lee A. Brady to the position of Chairman of
the Board of the Bank. Mr. Brady will continue to serve as Chief Executive Officer of LaPorte Bancorp and the
Bank. Lee Brady joined LaPorte Savings Bank in 1974 and served as President and Chief Executive Officer for
the past 22 years. Paul G. Fenker, who will continue to serve as Chairman of the Board of LaPorte Bancorp,
stated, "The Board of Directors is very pleased to appoint Lee Brady to this position. His long history of
leadership in our Bank and our community have prepared him for great success in this role."
The Company also announced today the appointment of Michele M. Thompson to the position of President of
LaPorte Bancorp and the Bank. Ms. Thompson will continue to serve as Chief Financial Officer of LaPorte
Bancorp and the Bank. She joined the organization in 2003 and has served as Executive Vice President & Chief
Financial Officer, as well as a member of the Board of Directors, since 2007. Ms. Thompson has more than 30
years of banking experience in LaPorte and its surrounding communities. Lee Brady stated, "Michele's broad
banking experience and her leadership skills make her an excellent appointment to the position of President for
our Company. She has made many contributions in her current role and will continue to be a critical part of our
future success." Ms. Thompson stated, "I am proud to represent such a strong community bank and look
forward to working with our team to continue to provide outstanding service and value to our customers,
communities, and shareholders."
Founded in 1871, The LaPorte Savings Bank is an Indiana-chartered savings bank that operates eight full
service locations in the LaPorte and Porter County regions of Northwest Indiana. As a community-oriented
savings bank, the Bank offers a variety of deposit and loan products to individuals and small businesses.
Investors may obtain additional information about LaPorte Bancorp and the Bank on the internet at
www.laportesavingsbank.com, under Investor Relations.
This press release may contain statements relating to our future results that are considered
"forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the PSLRA).
Such forward-looking statements may be identified by the use of such words as "believe," "expect,"
"anticipate," "should," "planned," "estimated," "intend" and "potential." For these statements, we claim the
protection of the safe harbor for forward-looking statements contained in the PSLRA. Investors are cautioned
that a number of important factors could cause actual results to differ materially from those currently anticipated
in any forward-looking statement. Such factors include, but are not limited to: prevailing economic and
geopolitical conditions; changes in interest rates, loan demand, real estate values and competition; changes in
accounting principles, policies, and guidelines; changes in any applicable law, rule, regulation or practice with
respect to tax or legal issues; and other economic, competitive, governmental, regulatory and technological
factors affecting our operations, pricing, products and services and other factors that may be described in our
annual report on Form 10-K and quarterly reports on Form 10-Q as filed with the Securities and Exchange
Commission. The forward-looking statements are made as of the date of this release, and, except as may be
required by applicable law or regulation, we assume no obligation to update the forward-looking statements or
to update the reasons why actual results could differ from those projected in the forward-looking statements.
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Special Alert From FDIC On Fraudulent Emails
FDIC – The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails
that have the appearance of being from the FDIC.
The e-mails appear to be sent from various "@fdic.gov" e-mail addresses, such as
"subscriptions@fdic.gov," "alert@fdic.gov," or "accounts@fdic.gov."
They have subject lines that read: "FDIC: Your business account" or "FDIC: About Your Business
Account."
The e-mails are addressed to "Business Customer" or "Business Owner" and state "We have important
information about your bank" or "…financial institution." They then ask recipients to "Please click here to
find details."
They conclude with, "This includes information on the acquiring bank (if applicable), how your accounts
and loans are affected, and how vendors can file claims against the receivership."
These e-mails and the link included are fraudulent and were not sent by the FDIC. Recipients should
consider the intent of these e-mails as an attempt to collect personal or confidential information, or to load
malicious software onto end users' computers. Recipients should NOT access the link provided within the
body of the e-mails and should NOT, under any circumstances, provide any personal financial information
through this media.
Financial institutions and consumers should be aware that other subject lines and modifications to the emails
may occur over time. The FDIC does not directly contact consumers in this manner nor does the
FDIC request personal financial information from consumers.
For your reference, FDIC Special Alerts may be accessed from the FDIC's Website at
www.fdic.gov/news/news/SpecialAlert/2011/index.html. To learn how to automatically receive FDIC
Special Alerts through email, please visit www.fdic.gov/about/subscriptions/index.html. Questions related to federal deposit insurance or consumer issues should be submitted to the FDIC using
an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.
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Phishing Alert Email Claiming To Be From Nacha
NACHA – The Electronic Payments Association has received reports that individuals and/or companies have received a fraudulent email that has the appearance of having been sent from NACHA and signed by a non-existent NACHA employee. Specifically, this email claims to be from the "Electronic Payments Association" and appears to be coming from the email address "payments@nacha.org." See a sample of the email below.
Be aware that phishing emails frequently have attachments and/or links to Web pages that host malicious code and software. Do not open attachments or follow Web links in unsolicited emails from unknown parties or from parties with whom you do not normally communicate, or that appear to be known but are suspicious or otherwise unusual.
NACHA itself does not process nor touch the ACH transactions that flow to and from organizations and financial institutions. NACHA does not send communications to individuals or organizations about individual ACH transactions that they originate or receive.
If malicious code is detected or suspected on a computer, consult with a computer security or anti-virus specialist to remove malicious code or re-install a clean image of the computer system.
Always use anti-virus software and ensure that the virus signatures are automatically updated.
Ensure that the computer operating systems and common software applications security patches are installed and current.
Additional information and guidance on phishing is available from the Federal Deposit Insurance Corporation (FDIC).
Be alert for different variations of fraudulent emails.
= = = = = Sample Email = = = = = =
From:payments@nacha.org [mailto:payments@nacha.org]
Sent: Tuesday, February 22, 2011 7:32 AM
To: Doe, John
Subject: ACH transaction rejected
The ACH transaction, recently sent from your checking account (by you or any other person), was cancelled by the Electronic Payments Association.
Please click here to view report
------------------------------------------------------------------
Otto Tobin,
Risk Manager
= = = = = = = = = = = = = = = = = = =
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FDIC Consumer Alert
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports from consumers who received an e-mail that has the appearance of being sent from the FDIC. The e-mail informs the recipient that "in cooperation with the Department of Homeland Security, federal, state and local governments…" the FDIC has withdrawn deposit insurance from the recipient's account "due to account activity that violates the Patriot Act." It further states deposit insurance will remain suspended until identity and account information can be verified using a system called "IDVerify." If consumers go to the link provided in the e-mail, it is suspected they will be asked for personal or confidential information, or malicious software may be loaded onto the recipient's computer.
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La Porte Savings Bank: A Model Community Bank
Mr. Lee A. Brady, CEO of La Porte Savings Bank, La Porte, Indiana proudly accepts a distinguished 5-Star Superior rating from BauerFinancial, Inc., Coral Gables, Florida. A 5-Star rating for financial strength and stability is the highest rating attainable from BauerFinancial (the Nation’s Bank Rating Firm for over a quarter of a century) and is based on the overall financial condition of the bank.
Earning a 5-Star rating denotes that La Porte Savings Bank is one of the strongest banks in the nation. Achieving this designation for 83 consecutive quarters, like La Porte Savings Bank has, is an even higher honor. In fact, only 5% of the nation’s banks have earned this Superior 5-Star rating 83 consecutive times.
"There’s an old adage that says no press is bad press, but if you’ve seen the banking news over the past year or two, you know this isn’t always true," notes Karen L. Dorway, president of BauerFinancial. "That’s why it’s so important today to share some good banking news, and La Porte Savings Bank makes it easy. La Porte Savings Bank is a model community bank. You should be proud to call it Your Bank."
La Porte Savings Bank was established in 1871 and has been serving the banking needs of its neighbors and friends for 139 years. It operates through eight conveniently located offices in Chesterton, La Porte, Michigan City, Rolling Prairie and Westville and can also be found on the internet at www.laportesavingsbank.com.
La Porte Savings Bank: "Just Ask Us."
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can it be eluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.
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Fraudulent Website Shut Down
LaPorte Savings Bank would like to notify the community that the website associated with a fraudulent email circulating this morning has been disabled. It is believed the emails originated at approximately 4:24am CST this morning, and as of approximately 10:30am CST, the website hosting the fraudulent link was shut down. Community members that called to alert the Bank to the email and the quick response of the Bank’s team in researching the issue led to the site being shut down quickly.
If you received this email and clicked the link within, as a precautionary measure, contact your nearest LaPorte Savings Bank branch location or call 1-866-362-7511 to close and reopen your accounts.
As a policy, LaPorte Savings Bank will never ask customers to click a link contained within the body of an email that may be received on behalf of the bank. Online banking users should always enter the bank’s URL in the address bar of their internet browser to ensure they are accessing the bank’s official website before entering any of their login information.
For more information, please contact LaPorte Savings Bank at (219) 362-7511 or 1-866-362-7511.
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Fraudulent Email In Circulation
LaPorte Savings Bank would like to notify the community that a fraudulent email is circulating this morning regarding failed internet banking login attempts. At this point, the email appears to have gone to both customer and non-customer businesses in our community. However, the bank urges all community members to be aware of this fraudulent email. The email states that the users online banking sign on has been blocked due to suspicious activity and asks the user to click a link contained within the email as a means of contacting the bank.
LaPorte Savings Bank urges recipients of the email DO NOT click the link contained within the email. If you have received this email and clicked the link within, as a precautionary measure, contact your nearest branch location or call 1-866-362-7511 to close and reopen your accounts.
As a policy, LaPorte Savings Bank will never ask customers to click a link contained within the body of an email that may be received on behalf of the bank. Online banking users should always enter the bank’s URL in the address bar of their internet browser to ensure they are accessing the bank’s official website before entering any of their login information.
For more information, please contact LaPorte Savings Bank at (219) 362-7511 or 1-866-362-7511.
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Fraudulent Email Alert
A fraudulent email is in circulation currently that provides a message regarding a stopped electronic payment notification. The subject line of the e-mail states: "Unauthorized ACH Transaction." The e-mail includes a link that redirects the individual to a fake Web page. Do not click on the link. Both the e-mail and the related website are fraudulent.
Be aware that phishing e-mails frequently have links to Web pages that host malicious code and software. Do not follow Web links in unsolicited e-mails from unknown parties or from parties with whom you do not normally communicate, or that appear to be known but are suspicious or otherwise unusual.
If malicious code is detected or suspected on a computer, consult with a computer security or anti-virus specialist to:
- Remove malicious code or re-install a clean image of the computer system.
- Use anti-virus software and ensure that the virus signatures are automatically updated.
- Ensure that the computer operating systems and common software applications security patches are installed and current.
- Be alert for different variations of fraudulent e-mails.
If you have any questions regarding this notice, or if you believe that you have received this type of email, please contact LaPorte Savings Bank’s Customer Operations Department immediately at (219) 362-7511 or 1-866-362-7511.
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Debit Card Phone Scam
Pre-recorded messages are being received in the Utah area to random banking customers with the warning that the customer’s debit card have been closed or deactivated. When consumers call the telephone number provided by the fraudsters they hear a recording that requests their 16-digit card number and PIN to reactivate the card. Please be aware of this scam and understand that LaPorte Savings Bank will never contact you in this manner. If you receive a message similar to the one described above, please contact us immediately at (219) 362-7511.
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Kids' Safety Festival
Saturday, June 5th
2000 Franklin Street, Michigan City
1:00 p.m - 4:00 p.m.
In cooperation with The Michigan City
Police and Fire Departments.
Children grow and change so quickly. Do you have something
that lists your child’s most up-to-date statistics?
JOIN US!
- Balloon Animals
- Face Painting
- FREE DNA Identification Kit
- Tour a Police Car and Fire Engine
- Refreshments
- and More!
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Westville Launches Community Fund and Unity Foundation Offers Challenge Match
Monday, March 22, 2010 the Unity Foundation of LaPorte County announced that a new endowed fund has been established to benefit the Town of Westville. The fund, called the Westville Community Fund, will "benefit primarily the residents of Westville, Indiana. Purposes may include, but not limited to, community and economic development, education, youth activities, park improvements, community safety, communications, in and near Westville." Two groups came together to donate $5,000 to get the fund started; the Westville Chamber of Commerce and LaPorte Savings Bank. The fund will be permanently invested and the earnings from the fund will create a stream of income to support Westville for generations to come.
At the same time, the Unity Foundation announced that it is offering a community building challenge to build the new fund and develop Westville’s skills in identifying and responding to opportunities and threats. The challenge has two parallel tracks and must be completed within 3 years:
- To build the fund: Unity Foundation will match every new two dollars raised with one dollar up to $12,500. The $12,500 match can be used any way the Recommendation Committee believes is best. To take full advantage of the match, the community must raise an additional $25,000 in principal within 3 years.
- To build community capacity: In addition to raising funds, the people of Westville will be invited to participate in community awareness, visioning and planning process. The expected outcome is to have a group of formal and informal leaders in place, with input from Westville residents, who can recommend how the matching funds and future income from the Westville Community Fund will best be used. Support for this track shall be provided through Leadership LaPorte County.
Westville Chamber representative, Deb Lowenthal said, "The Westville Chamber is pleased to start this fund where families can leave gifts to benefit Westville for future generations. This makes good sense and we look forward to watching it grow and help our community."
Lee Brady, CEO of LaPorte Savings Bank said, "LaPorte Savings Bank has made an investment in Westville by opening a new branch here. We’re delighted to be co-founders of this fund that will benefit Westville far into the future."
Maggi Spartz, Unity Foundation President said, "It is our hope that every community in LaPorte County has a place for people to leave permanent gifts to their own town so there is money for needed projects."
The Unity Foundation of LaPorte County helps donors carry out their charitable desires and helps them learn more about the causes they care about. It supports nonprofits through grants and technical assistance with management issues. In addition, Unity provides a permanent, growing source of grants, as well as a neutral meeting ground and leadership on important issues facing the county. For more information, please visit www.uflc.net.
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LaPorte Savings Bank announces launch of BankingThatsDifferent.com
"When an individual selects a bank, they are choosing someone they trust to look after their money. Over the last nearly 140 years, LaPorte Savings Bank has appreciated the level of trust our customers have placed in us." stated Lee Brady, CEO of LaPorte Savings Bank. "By launching BankingThatsDifferent.com, it will allow us the opportunity to connect with, and listen to; our customers and community members to learn what they feel are the most important aspects of their banking relationship(s)."
BankingThatsDifferent.com encourages visitors to try a Decidedly Different approach to community banking with LaPorte Savings Bank and provides an account incentive offer upon completion of the survey. LaPorte Savings Bank invites community members to visit www.BankingThatsDifferent.com now through March 31, 2010 to learn more and to provide their survey responses.
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Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, Effective December 1, 2009
The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.
As defined in Regulation GG, unlawful Internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made."
In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling.
If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.
Please contact our Compliance Department if you would like additional information on UIGEA or Regulation GG.
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FDIC Consumer Alert - Fraudulent Emails Circulating
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.
The subject line of the e-mail states: "check your Bank Deposit Insurance Coverage." The e-mail tells recipients that, "You have received this message because you are a holder of a FDIC-insured bank account. Recently FDIC has officially named the bank you have opened your account with as a failed bank, thus, taking control of its assets."
The e-mail then asks recipients to "visit the official FDIC website and perform the following steps to check your Deposit Insurance Coverage" (a fraudulent link is provided). It then instructs recipients to "download and open your personal FDIC Insurance File to check your Deposit Insurance Coverage."
This e-mail and associated website are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, some of which may be used to gain unauthorized access to online banking services or to conduct identity theft.
The FDIC does not issue unsolicited e-mails to consumers. Financial institutions and consumers should NOT follow the link in the fraudulent e-mail.
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IMPORTANT DEBIT CARD FRAUD NOTICE
It has been reported that phone number (845) 765-9464 is being used by criminals to actively collect debit card and PIN information from consumers in the New York area. Text messages are being delivered to random NY area consumers with the warning that their debit cards have been closed or somehow compromised. When consumers call the telephone number they hear a recording that requests a 16-digit card number and PIN. If this text message is received, consumers are being urged not to call this telephone number. The telephone number is still active and should be brought out of service later today.
Reports of the same text message, including the same phone number, have been reported in our community.
At LaPorte Savings Bank, we would like to remind our customers that we will never request your card information or PIN number over the phone, through an automated system, or via email. We ask that debit card customers diligently protect their card and PIN information to prevent fraudulent activity from occurring on their account.
For additional clarification of this press release, or if you are concerned your card has been compromised, please contact our Operations Department at (219) 362-7511 or 1-866-362-7511 during normal business hours. After normal business hours consumers may call MasterCard’s Hot Card Service at 1-866-546-8273.
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Refinance and Save Monday Today!
The Making Home Affordable Program is part of the Obama Administration’s broad, comprehensive strategy to get the economy and the housing market back on track. The Making Home Affordable Program offers borrowers the ability to refinance their current home mortgage loan through the Home Affordable Refinance Program (HARP) with increased flexibility due to current market conditions.
YOU MAY BE ELIGIBLE TO REFINANCE IF. . .
- Your home loan is owned or guaranteed by Fannie Mae or Freddie Mac – Not sure? You can check with your mortgage servicer (the company you currently make your monthly loan payment to), or you can go online to www.fanniemae.com/loanlookup or www.freddiemac.com/mymortgage to check;
- At the time you apply, you are current on your mortgage payments – This typically means that you have not been more than 30 days late on your mortgage payment within the last twelve (12) months, or, if you have had the loan for less than twelve (12) months, you have never missed a payment;
- The amount you owe on your first mortgage lien does not exceed 125% of the current market value of your property;
- You have a reasonable ability to pay the new mortgage payments; and,
- The refinance improves the long term affordability or stability of your loan.
Was your loan completed on or before May 31, 2009? Think you may qualify for the Home Affordable Refinance Program?? Let us help you find out for sure! LaPorte Savings Bank’s knowledgeable Mortgage staff can help you understand the Making Home Affordable Refinance Program and can assist you in your refinancing efforts.
Contact us today at (219) 362-7511 or toll free at 1-866-362-7511 to learn more!
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Online Convenience Added with CouchLoans.com
LAPORTE - LaPorte Savings Bank is pleased to announce the unveiling of couchloans.com – a quick, convenient way to access the bank’s full service Online Mortgage Center from the comfort of your home computer. This user-friendly, secure site allows individuals to complete online applications to purchase a new home, refinance current home loans or apply for a home equity loan or line of credit.
Lee Brady, CEO of LaPorte Savings Bank stated, "The addition of couchloans.com benefits consumers by streamlining the application process. Busy schedules can limit the amount of time customers have to meet with a lender. With our Online Mortgage Center and couchloans.com, customers have 24/7 access to complete an application when it’s convenient for them while working with a lender they trust."
LaPorte Savings Bank understands that online convenience is essential to meeting the needs of today’s consumer and couchloans.com provides a trustworthy resource for those looking to take advantage of the current lending climate. With rates near all-time lows, immediate appointments with area lenders are scarce. Applying online at couchloans.com allows customers to lock in the low rate they want rather than waiting weeks for a face-to-face appointment and risking rates changing.
Quick, convenient, and comfortable mortgage lending service from a reputable and experienced lender you can trust. Visit couchloans.com today for more information.
LaPorte Savings Bank – a Decidedly Different Community Bank – operates eight locations within LaPorte and Porter County. The company has served the community since 1871 providing a broad range of personal and business banking services. LaPorte Savings Bank is an Equal Housing Lender and Member of the FDIC.
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SBA Warns of Fraudulent Attempts to Obtain Bank Account Information from Small Businesses
WASHINGTON – The U.S. Small Business Administration issued a scam alert today to small businesses, warning them not to respond to letters falsely claiming to have been sent by the SBA asking for bank account information in order to qualify them for federal tax rebates.
The fraudulent letters were sent out with what appears to be an SBA letterhead to small businesses across the country, advising recipients that they may be eligible for a tax rebate under the Economic Stimulus Act, and that SBA is assessing their eligibility for such a rebate. The letter asks the small business to provide the name of its bank and account number.
These letters have not been sent by or authorized by the SBA, and all small businesses are strongly advised not to respond to them.
The scheme is similar in many ways to e-mail scams often referred to as "phishing" that seek personal data and financial account information that enables another party to access and individual’s bank accounts or to engage in identity theft.
The SBA is working with the SBA Office of Inspector General to investigate this matter. The Office of Inspector General asks that anyone who receives such a letter report it to the OIG Fraud Line at 1 (800) 767-0385, or e-mail at OIGHotline@sba.gov.
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Debit Card Usage and Internet Gambling
The Department of the Treasury and the Federal Reserve Board recently announced the release of a joint final rule to implement the Unlawful Internet Gambling Enforcement Act of 2006. The Act prohibits gambling businesses from knowingly accepting payments in connection with unlawful Internet gambling, including payments made through credit cards, electronic funds transfers, and checks. The final rule requires U.S. financial firms that participate in designated payment systems to establish and implement policies and procedures that are reasonably designed to prevent payments to gambling businesses in connection with unlawful Internet gambling.
Effective January 12, 2009, LaPorte Savings Bank will begin to block all Internet gambling transactions and decline the transaction with the message "Do Not Honor" appearing.
For questions regarding this change, contact LaPorte Savings Bank’s Operations Department at (219) 362-7511 or 1-866-362-7511.
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IBA Presents Scam Warnings
Member institutions of the Indiana Bankers Association (IBA) have reported recent scams in Indiana:
A phone scam states in a recorded message that said the caller is with a local Indiana bank and
claims that the consumer’s debit card had been suspended. The fraudulent caller then recites a
phone number to call, allegedly to reactivate the card.
A website scam originating in Canada copies bank websites and distributes mass e-mails.
The e-mails claim that consumers who complete an online "bank" survey will receive $90
deposited into their accounts.
Consumers are advised to be alert and aware, and are invited to contact their trusted personal/business bankers for guidance.
To view a PDF of this and other IBA news releases, go to: http://www.indianabankers.org/displaycommon.cfm?an=1&subarticlenbr=234
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Scam Alerts Issued by Indiana Bankers Association
Member institutions of the Indiana Bankers Association have reported recent phishing scams in Indiana:
- Callers posing as representatives from the State of Indiana or the Department of Financial Institutions have been contacting individuals asking for personal information, including bank account numbers, allegedly to ensure that deposits are insured by the FDIC. These calls are fraudulent.
- Automated calls claiming to represent banks call individuals and allege that their debit cards have been canceled. The recorded message tells recipients to call a phone number, where they are asked to provide a card numbers, expiration dates and PINs. These calls are fraudulent.
- People representing themselves as representatives from a company called EppiCard having been sending text messages to consumers. EppiCard is a legitimate card/fraud watch company; however the call back number being left in the text messages is not EppiCard’s number.
Consumers are advised to be alert and aware, and are invited to contact their trusted personal/business bankers for guidance.
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Department of Financial Institutions Statement on Phishing
The Indiana Department of Financial Institutions has received reports that callers posing as representatives from the State of Indiana or the Department of Financial Institutions have been contacting individuals asking for personal information allegedly to ensure that deposits are insured by the FDIC. These calls are fraudulent.
The Department of Financial Institutions is responsible for the chartering, regulation, examination, and supervision of state-chartered banks and credit unions and also licenses and supervises statutory activities of pawnbrokers, money transmitters, check cashers, budget service companies, rental-purchase agreement companies, licensees under the Uniform Consumer Credit Code, and licensees under the Indiana Small Loan Act.
The Department of Financial Institutions wants you to be aware of these attempts to commit scams against bank customers, especially the elderly, so that you may guard against this type of fraud. Department of Financial Institution employees will never contact individuals regarding their personal accounts at banks or credit unions. Be suspicious of phone calls or any contact from someone posing to be a "bank examiner" or an "employee" of your bank or credit union.
While a scammer contacting consumers might appear trustworthy, the scammer seeks one thing: to obtain personal information - including account numbers and balances, Social Security numbers, credit card numbers and any other personal financial information - to fraudulently take money from consumers.
For more information please contact:
Troy Pogue, 317.233.6342, tpogue@dfi.in.gov
Kirk Schreiber, 317.233.4351, kschreiber@dfi.in.gov
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LaPorte Savings Bank Announces Opening of Westville Location
June 18, 2008 – The LaPorte Savings Bank is excited to announce the opening of its eighth office location at 1 Parkman Drive in Westville, Indiana. Founded in 1871, The LaPorte Savings Bank has grown to serve more than 25,000 customers in the LaPorte and Porter County areas. The branch opened June 16 and will also be holding a series of Grand Opening events the week of July 14 thru 19.
"We look forward to partnering with the Westville community and showing them how we are a decidedly different community bank," stated Lee Brady, CEO.
Jan Boardman, Westville Branch Manager, encourages customers to stop by the branch before Labor Day Weekend in order to enter the Grand Opening Drawing for prizes including a first prize $500 gift card. She states, "Westville has made us feel extremely welcome and we look forward to meeting their banking needs with everything from checking to lending at our new branch."
The lobby of the Westville Office is open from 8:30 am through 5:00 pm on Monday, Tuesday, Thursday and Friday. Drive through service hours are from 8:00 am to
5:00 pm Monday, Tuesday, and Thursday, and 8:00 am to 6:00 pm on Fridays. The office is open until noon on Saturdays. Wednesdays the lobby and drive-up remain open until 7:00 pm.
LaPorte Savings Bank has served the community since 1871 providing a broad range of financial products and services. LaPorte Savings Bank is an Equal Opportunity Lender and Member of the FDIC.
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LaPorte Savings Bank Offers Lifelock™ Services to Community
LAPORTE (April 3, 2008) - LaPorte Savings Bank is excited to offer a distinct, well-known identity theft protection solution that will be invaluable to you and your family. As occurrences of identity theft continue to rise, it is important that consumers protect themselves against this type of crime. LaPorte Savings Bank is able to offer officially licensed LifeLock™ protection services at an annual rate of just $99 - a discount off of the regular annual rate of $110 per year!
LifeLock™ television advertisements have aired recently where company CEO, Todd Davis, publishes his own Social Security number to highlight the safety and security of the product. LifeLock™ is a next-generation identity theft protection solution that makes it virtually impossible for your identity to be stolen. Unlike traditional monitoring services that notify you after your identity is compromised, LifeLock™ maintains active fraud alerts with major credit reporting agencies and requires individuals to personally authorize credit-related transactions before they can be approved. LifeLock™ backs its service with a $1 million service guarantee to reimburse stolen funds and direct expenses as well as pay professional fees in the event your identity is stolen.
Enroll in LifeLock™ identity theft protection services online today by clicking the link provided on our home page. Be sure to enter promotional code "lpsbw" when prompted to receive the discount on this worthwhile service!
Roughly 10 million Americans have their personal information stolen and misused each year, costing consumers $5 billion and businesses $48 billion.
LifeLock™ was developed to prevent this crime from affecting your life and is backed by a $1 million dollar service guarantee. LifeLock™ will:
- Request the three major credit bureaus to set fraud alerts on your behalf.
- Proactively renew these alerts every 90 days as they expire.
- Request that your name be removed from pre-approved credit card and junk mail lists and update these requests as they expire.
- Request free credit reports on your behalf.
- Do whatever it takes and work with you to restore your good name in the event that your identity is stolen while enrolled in the service.
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LaPorte Chamber Salutes Area Businesses
Caption: Chamber President Michael Seitz (left) and Chamber Chairman Richard Schmitt, Schmitt & Kaylor CPA's (right) present Russ Klosinski, The LaPorte Savings Bank, with the Salute to Business Corporate Citizen of the Year Award. |
November 15, 2007 - The Greater LaPorte Chamber of Commerce awarded over 30 area businesses with the Gold Salute to Business Award at a luncheon on Wednesday, November 14th. Keynote address was given by former news anchor and reporter Charlie Adams.
The event was developed four years ago as a way to honor Chamber member businesses that have completed the survey and have had an increase in employment, reached a milestone in years of service, or made a capital investment in their business.
Businesses awarded were American Licorice Company, Briar Leaf Golf Club, Casting Service, Carlson’s Drive-In, Chicago South Shore & South Bend Railroad, City of LaPorte, Comfort Keepers, Kabelin Ace Hardware, LaPorte Community Federal Credit Union, LaPorte Regional Health System, LaPorte Savings Bank, Larson-Danielson Construction Company, Leadership LaPorte County, Meridian Title Corporation, Packaging Logic, Inc., Rassel Family Chiropractic Center, State Farm Insurance – Marv Thomae, and Thermco Instrument Corporation.
The LaPorte Savings Bank was awarded the prestigious Corporate Citizen of the Year Award for their contribution in enhancing the quality of life for LaPorte and for supporting the local non-profit organizations and charities through financial donations and volunteerism. "LaPorte Savings Bank is such a tremendous asset to our community," stated Chamber President Michael Seitz. "They believe so strongly in community involvement that they include it in their strategic plan and it is a part of their mission statement."
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 Equal Housing Lender - Member FDIC
Federal Deposit Insurance Corporation (FDIC) will insure each depositor to $250,000 backed by the full faith and credit of the United States Government. All of a depositor’s accounts at our insured depository institution, including all non-interest bearing transaction accounts, will be insured by the FDIC up to $250,000, for each deposit insurance ownership category. Depending on account ownership, you may exceed the $250,000. For more information about FDIC insurance coverage, visit www.fdic.gov, or call the FDIC toll free 1-877-275-3342. |
