SUMMER 2018

the traditional

Keep Us Handy During Summer FunI hope you are all enjoying our beautiful summer! We know that visiting the bank isn’t always convenient during the summer months with vacations, activities and busy schedules. Remember to keep us right at your side all day long with mobile banking, debit and credit cards, customer service assistance, online banking support and more. We’re here for you.

Passwords, passwords and more passwords…the struggle is real. How do we remember all these passwords and avoid getting locked out? At Lake Elmo Bank, we continue to evaluate security systems and fraud protection. We feel it’s important to err on the side of safety and we will tackle any fraudulent activity quickly. However, we also want to be here for you when you have issues signing in to your account. Our Customer Service and e∙banking teams are here to help. Don’t hesitate to call 651.773.4700 with online/mobile banking concerns. During non-business hours, visit www.lakeelmobank.com for helpful information or to reach us by email.

We continue to be committed to the values that have earned the loyalty of our customers and community since 1911. As always, thank you for your trust and support of Lake Elmo Bank.

Enjoy the rest of the summer and we look forward to seeing you at our annual fall Community Day picnic event in September.

Sincerely,

Dan Raleigh – President / CEOCommunity Day

Friday, September 7 4:00 - 7:00pm

Lake Elmo Office Parking Lot Hosted by our LEB employees

Hot Dogs Roasted Corn

Ice Cream Petting Zoo Pony Rides

Bingo

Celebrating our tradition of community with our 22nd annual Fall Gathering.

651.777.8365

lakeelmobank.com

Stillwater ▪ Lake Elmo ▪ Oakdale Member FDIC

8/18

Community DayCelebrating our tradition of community!

Friday, September 74:00 - 7:00 PM

Lake Elmo Office Parking Lot

22ndANNUAL

HOT DOGS • ROASTED CORN • ICE CREAM • MUSIC • PETTING ZOO • PONY RIDES • BINGO

Josh Stevenson was only 14 years old when he started working at his favorite hangout spot in Oakdale – Blue Ribbon Bait & Tackle. “I worked in the shop and as a guide to fund my fishing habit,” says Josh. A Tartan High School and University of Minnesota graduate, Josh was planning to continue with graduate school and pursue a career in teaching, when the owner of Blue Ribbon approached him about buying the store. In 2004, Josh’s career took a turn as he assumed ownership.

Blue Ribbon Bait & Tackle has a fun and open atmosphere with an extensive line of tackle, live bait, and fishing guide services. Their goal for every angler is to feel well prepared and equipped. Josh’s passion for fishing also landed him his wife, Laura, whom he met on a guided fishing trip. Aside from caring for their three children, Laura, who also enjoys fishing – is involved in the business. “She is the behind-the-scenes person”, says Josh. “She handles the website and bookkeeping for the store so I can focus on running the business day-to-day.”

When it came time to do a major parking lot renovation project, Josh was referred to Lake Elmo Bank where he was able to take advantage of a business improvement loan, which is part of an initiative sponsored by LEB and the City of Oakdale. “My initial meeting with JoAn Hoffmann at LEB sold me,” recalls Josh. “She was more than a loan officer. She was there every step of the way. She was patient at every turn and made me feel comfortable throughout the process.”

Every good angler has a fish tale…but for Josh, these tales are true. In 1999, he caught the state record Tiger Musky in Lake Elmo – measuring 34 pounds and 12 ounces. Successful fishing tales such as this landed him a phone call and guided trip with Kid Rock and Uncle Kracker. “I enjoy connecting people with big fish...especially icons within the music industry,” says Josh.

If your business is in need of improvements, you may qualify for this program. Contact JoAn Hoffmann at jhoffmann@lakeelmobank.com or 651.773.4727.

Hook, Line and Sinker!

Blue Ribbon Bait & Tackle is truly a family business. Pictured is Josh and his wife, Laura, and their three children - Anabelle, Emma and Naomi.

Josh Stevenson - owner of Blue Ribbon Bait & Tackle worked with JoAn Hoffmann – LEB Commercial Loan Officer, to complete a recent parking lot renovation.

Blue Ribbon Bait & Tackle is located in Oakdale. For more information visit www.blueribbonbait.com.

the traditionalSUMMER 2018

2

Fuel Your Business GrowthLines of Credit – SBA Loans – Commercial Loans

September 18, 2018 | 6:30 - 8:00pmOak Marsh Golf Course

Using a Trust to Protect What’s ImportantSuccession Plans – Tax Consequences – Wills & Trusts

October 9, 2018 | 6:30 - 8:00pmLake Elmo Inn Event Center

Expand Your Business With Online PresenceGoogle – Online Ads – Social Media

November 13, 2018 | 6:30 - 8:00pmRoyal Golf Club

Complimentary reception immediately following each seminar.

Beer & Wine | Light Appetizers

Please RSVP with Julie Groess at 651.773.4730 or

jgroess@lakeelmobank.com

Business Banking...for you.We have been working with small businesses for 107 years. Our lenders take the time to get to know you, understand your business and help achieve your goals.

Our LEB Small Business Seminar Series is designed to help you manage, maintain and grow your business. Whether you are self-employed, employ staff, or are part of a family business – these seminars are for you. Sign-up for one or all three. We know you are busy, but we do hope you will join us for valuable discussions followed by time to visit with us and other small business owners.

LEB Commercial Lending Group

member fdic

member fdic

LAKEELMOBANK.COM

3

Congratulations to LEB Director, Tracey Galowitz, who was recognized as one of the 2018 Distinguished Alumni by Stillwater Area High School. Tracey joins two other LEB Distinguished Alumni recipients – Kelly Brookman (2015) and Bruce Beutel (2013).

Stillwater Area High School Names Distinguished Alumni

Bruce Beutel2013

Tracey Galowitz2018

Kelly Brookman 2015

Enjoy the convenience of using your smart phone to make a purchase. Apple Pay® and MasterPass™ are available to use with your LEB Debit Card. It is safe, easy and accepted at participating merchants. Need help getting started? Contact our e-banking group at ebanking@lakeelmobank.com.

Mobile Wallet Adds Shopping Convenience Congrats Graduates!

As you prepare for the next chapter, be sure to include Lake Elmo Bank in your plans. We offer a variety of checking accounts. Whether your post-high school plans include college or work – we have checking and savings accounts designed to meet your needs. Stop in today and we can help get you financially prepared for the next step.

HEADING OFF TO COLLEGE?

Be sure your son or daughter is ready for campus life.

• Student Checking Account • Mobile Banking App • Debit Card

Don’t wait until the last minute…start now, so you can send them off to college prepared.

the traditionalSUMMER 2018

4

Walking for Heart Health AwarenessLEB employees walked with our Arbor Glen Senior Living neighbors to support heart health awareness.

LEB Awards Community ScholarshipAnna Koening was awarded the Lake Elmo Bank Community Scholarship. A Stillwater Area High School graduate, Anna is planning to attend Loyola University in Chicago where she plans to study Journalism.

LEB Celebrates Summer in Oakdale

Our very own Jodi Christensen was honored as Volunteer of the Year in the Oakdale Summerfest parade. Pictured with Parade Grand Marshall – Frank Orsello.

LEB employees, along with family and friends, and Little Elmo, walked the Oakdale Summerfest parade route.

LAKEELMOBANK.COM

5

Family & Personal Interests I have been married to my high school sweetheart for 40 years. We have lived in Oakdale for 25 years and have two children and two grandchildren. Away from LEB, I enjoy spending time with my family and working in my flower gardens.

Favorite Part of My LEB Day Visiting with customers.

Something Interesting I am one of three employees who have been part of the original LEB Stillwater team since the office opened.

Most Valuable LEB Product Online & Mobile Banking. You can keep track of your finances from anywhere.

Why Lake Elmo Bank? Great products using the latest technology. Amazing employees who provide customer service second to none.

One Word to Describe LEB Family.

2018 Tradition of Service Award Winner NamedCongratulations to Angela Swanson who was named our 2018 Tradition of Service Award winner during LEB’s Annual Employee Appreciation Week. Angela has been with Lake Elmo Bank since 2002 and currently works in our Electronic Banking & Operations Area. Nominated by employees and named by the Board of Directors, Angela is our 21st employee to receive this annual recognition.

Angela Swanson

Gail StemigTeller – Stillwater Office Lake Elmo Bank Since 2001

Our Employees. . . Our Foundation

Our employees are the Bank’s most valuable asset

hey kids…Summer is winding down, but there is still time to open your Little Elmo Savers Clubsm account! Stop in any of our locations and open your Little Elmo account before 10.31.18 and receive a Little Elmo t-shirt!

the traditionalSUMMER 2018

6

The Final Game – Teams gathered for one final game – Scrabble! Congrats to Team Sorry.

LEB Celebrates Employees 21st Annual Employee Appreciation Week

Happy Hour – Employees were treated to Game Night on the town with bowling, drinks and appetizers at Woody’s Bar & Grill.

Game Night… This year’s theme for the annual Employee Appreciation Week had everyone getting into the fun, as teams competed all week earning Scrabble tiles. Ultimately, the team with the best Scrabble board won FREE lunch.

Staff Breakfast – Employees enjoyed breakfast from the Lake Elmo Inn and started their day with some games – charades plus more!

Pictured: Members of Team Sorry – Cheryl Randall, Pam Johnson, Bryan Kemnetz, Kris Young, Larry Glassing, Lori Dorweiler

Pictured: Jake Olson, Anessa Triviski, Stacy Gilsdorf, Heather Munson, Angela Swanson

Pictured: JoAn Hoffmann, Lynn Ruff, Heidi Martin, Jesse Hedinger, Snowell Raleigh, Julie Groess

Pictured: MacKenzie Zajec, Pam Johnson, Mike Mazzara, Nate Mears

Our Employees. . . Our Foundation

Our employees are the Bank’s most valuable asset

LAKEELMOBANK.COM

7

11465 39th Street NorthPost Office Box 857 Lake Elmo, MN 55042-0857

member fdic

member fdic

LobbyMonday Through Friday 9:00 a.m. – 5:00 p.m.Saturday 9:00 a.m. – 12:00 p.m.

Drive ThruMonday Through Friday 7:00 a.m. – 6:00 p.m.Saturday 9:00 a.m. – 12:00 p.m.

Walk-Up LAKE ELMO OFFICE ONLY

Monday Through Friday 7:00 a.m. – 9:00 a.m. 5:00 p.m. – 6:00 p.m.

BUSINESS HOURS

Lake Elmo Office651.777.8365

Stillwater Office651.439.7680

Oakdale Office651.578.7769

Customer Service651.773.4700

LEB TeleBank Line651.773.4711

PHONE NUMBERS

lakeelmobank.com

SERVICE ANNIVERSARIES

Andrea Kiritschenko – 15 Years

Becky Brist – 10 Years

Olivia Alvarado – 5 Years

Ryan Janis – 5 Years

Kathy Jeanson – 5 Years

CONNECT WITH US!

StandardU.S. Postage

PAIDTwin Cities, MNPermit # 7732

STAFF ADDITIONS

Jack Harrington – Teller

Maria Landherr – Teller

Tyler Maruska – Teller

Kate Nelson – Teller

Grace Pugh – Teller

Joe Raleigh – Facilities Assistant

Working together for othersFor the fifth consecutive year, Lake Elmo Bank employees, customers and friends in the community have participated in Food Drive Month. This year LEB and friends raised more than $10,400 in food and dollars. All proceeds were donated to the Valley Outreach Food Shelf. A huge thank you for your generosity.

Hello?Do we have your current contact information? It is important we have this on file. Please contact us at 651.773.4700 with updated postal address, phone numbers and email addresses.

COMMUNITY COMMITMENT

Pictured: Ryan Benson, Little Elmo, Dick Plummer and Mike Mazzara

8