Lake City Federal Bank

Lake City Federal donates toward Ralph Samuelson statue

Jun 8, 2022
Lake City Federal Bank President Jim Mack presented a check for $1,000 to Destination Lake City (DLC) President John Hutchinson as a Gold Level Contributor towards the construction costs for a life-sized statue of Ralph Samuelson, inventor of water skiing. DLC is a non-profit 501(c) corporation...

Lake City Federal Bank sponsors Five for Food initiative once again

Apr 13, 2022
Staff members of Lake City Federal Bank presented a check to the Lake City Food Shelf as a sponsor of the annual Five for Food Initiative. The bank was one of the original five sponsors of Five for Food and has participated as a sponsor every year. Pictured from left to right are, Carol Hoops,...

Banking proposal meant to catch rich tax cheats

Nov 3, 2021
Concerning the editorial opinion by banker Jim Mack about a “concerning proposal” in the Oct. 28 Graphic. The reason for requiring banks to report high transactions is to crack down on billionaires who launder money and/or avoid reporting income to the IRS to avoid taxes. They are ripping off...

Bank president: IRS reporting could hurt small businesses

Oct 20, 2021
Our mutual bank that serves the community of Lake City, Wabasha and Goodhue counties wants to let you know about a concerning proposal taking shape in Washington. If passed, the proposal would require financial institutions (banks and credit unions) like ours to report the inflows and outflows on...

Lake City Federal employees raise mitochondrial disease awareness

Sep 29, 2021
Sept. 19 to Sept. 25 was Mitochondrial Disease Awareness Week. On Sept. 24, 2021, employees at Lake City Federal Bank wore green to raise awareness and to honor Nathan Wolf, who is living with the disease. Nathan is a son of a Lake City Federal Bank employee. In addition, employees were...

Lake City Federal Bank staff dons 
red for Women’s Heart Health Awareness

Feb 10, 2021
On Friday, Feb. 5, Lake City Federal Bank staff dressed in red to support Women’s Heart Health Awareness. From left to right – Karla White, Sonja Calic, Jan Mayhew, Heidi Ecklund, Sherry Mickelson, Carol Hoops, Jim Mack, Brenda Luther, and Pam Moyer. For more information on women’s heart health,...

Durand retires from bank board after 24 years

Feb 10, 2021
After serving for 24 years, Kathie Durand retired from the Board of Directors of Lake City Federal Bank effective Dec. 31, the bank said in a news release. “The Board and all employees of Lake City Federal Bank greatly appreciated Kathie’s participation and leadership on the bank’s board of...

Balow joins Lake City Federal board

Feb 10, 2021
Lake City Federal Bank has announced the addition of Dawn Balow to its Board of Directors. “Given Dawn’s education, work experience and service to the community, Lake City Federal Bank is glad that Dawn accepted its invitation to join the Board,” the bank said in a news release Other board...

Salvation Army bell ringers shatter old fundraising total

Jan 6, 2021
Here is some good news to begin the New Year! The public response to those ringing for the Salvation Army during the 2020 Christmas Season was tremendous! Local collections in the bucket at Fiesta Foods totaled $9,138.32. The amount obliterated the previous annual high of $3,610.50. I wish we (...

Bank originated over $650,000 in PPP loans

Dec 16, 2020
Lake City Federal Bank (LCFB) has announced that it assisted 42 farmers, sole proprietor business owners, and other small business entities through the U.S. Small Business Administration’s (SBA) Payroll Protection Program (PPP). PPP loans originated through LCFB totaled $650,424. The SBA has...


The Lake City Graphic
Ph: 651-345-3316 (M-Tu 8am-4pm, W-Th-F 8am-3pm)
Fax: 651-345-4200
P.O. Box 469
111 South 8th Street
Lake City, MN 55041

ISSN 2994-1059 (print)  ISSN 2994-1067 (online)