Lake City Federal Bank

Schurhammer joins Forward Bank

Jun 5, 2024

Doris Schurhammer has joined Forward Bank, formerly Lake City Federal Bank, as a mortgage lender at the Lake City location. In joining the Mortgage Lending team, Schurhammer will guide customers through the home buying and refinancing process, the company said in a news release. She will also work...

Forward Bank reps speak at Rotary

May 22, 2024

Three members of Forward Bank joined Lake City Rotary Club Monday at Port 104 for one of Rotary’s weekly meetings. We learned from Jesscia Frahm that Forward Bank will be offering a lot of lending programs. Their current headquarters are in Marshfield, Wis., and Lake City will be one of...

With merger complete, Lake City Federal Bank becomes Forward Bank

May 8, 2024

Forward Bank and Lake City Federal Bank have received approval from banking regulators and have merged the two mutual banks on May 3, 2024, according to a Forward news release. “As announced in December, Forward Bank has merged with Lake City Federal Bank and will begin the process of converting...

Lake City Federal Bank and Forward Bank agree to merger

Dec 13, 2023

Lake City Federal Bank has signed a definitive agreement to merge with Forward Bank based in Marshfield, Wis., according to a news release. The merger will bring the total number of Forward Bank offices to 15 offices with 14 in Wisconsin and one in Minnesota. The merger, which is subject to...

Jim Mack retires from Lake City Federal Bank

Sep 20, 2023

Lake City Federal Bank would like to announce the retirement of President Jim Mack. Mack joined the bank in 2019 and served as president until his recent retirement on Aug. 31, 2023. The bank board of directors has appointed Jeff Coats as interim president. Coats began his career with the bank...

Lake City Federal merger effort ends

Jun 7, 2023

A merger between Lake City Federal Bank and East Wisconsin Savings Bank has been abandoned. Lake City Federal Bank published a notice on its website that efforts to merge had been discontinued. On Tuesday, June 6, the bank issued the following statement: “By mutual agreement, Lake City Federal...

Original sponsor Lake City Federal Bank supports Five for Food

Mar 8, 2023

Lake City Federal Bank was one of the original “Five” sponsors of the Five for Food initiative for the Lake City Food Shelf. The bank has participated as a sponsor every year. Sponsors’ dollars match community donations made by the end of March. Pictured are bank employees: (front row, from left)...

Lake City Federal donates $500 for youth ice fishing contest

Feb 8, 2023

Lake City Federal Bank (LCFB) recently donated $500 to the Lake City Sportsman’s Club (LCSC) to sponsor the club’s upcoming Kids Ice Fishing Contest in mid-February. The funds will be used for prizes for the Kids Contest as well as treat bags for all the young participants. LCFB President Jim Mack...

Madeline Medvec receives Lake City Federal Bank scholarship

Jan 18, 2023

Lake City Federal Bank President Jim Mack (right) presents Madeline Medvec with a $1,000 scholarship check. Madeline graduated from Lincoln High in 2022. Madeline completed her first semester at Iowa State University and plans to continue her undergraduate studies there in Meteorology. After...

Rotary, Featherstone donate to mitten tree

Dec 7, 2022

Featherstone Real Estate and the Lake City Rotary Club have donated to the Lake City Federal Bank Mitten Tree. There are more mittens available for gifts for children in need in the Lake City area. People can stop at Lake City Federal Bank to pick up a mitten today. Gifts are due back to Lake City...