Welcome to Lakeside Bank
Valued Clients, in light of the recent events at banking institutions such as Silicon Valley Bank and Silvergate Bank and concerns regarding the stability of the banking industry, we want to assure you that Lakeside Bank is financially sound and stable. We have no exposure to either institution. Both banks are different from Lakeside in that they had significant exposure to technology related ventures and crypto currencies and overall riskier profiles.
Lakeside Bank is in excellent financial condition and performing well relative to our peers and the overall industry. In this regard, we are pleased to inform you that your money is safe in our hands. We have taken measures to ensure that we maintain our financial strength and stability during these uncertain times. Our conservative approach to risk management coupled with our strong capital base and low leverage, position us well to weather any economic challenges that may arise. We remain steadfast in our dedication to providing you peace of mind and instilling confidence in the security of your financial interests.
Please do not hesitate to reach out with any questions or concerns you may have. We are here to serve you and look forward to continuing to be your trusted financial partner.
President & CEO