First Bank of the Lake Logo
First Bank of the Lake Logo
FDIC Digital Sign, using the official FDIC wordmark. This digital sign indicates the deposit institution is backed by the full faith and credit of the US government.
Passing the Torch

Passing the Torch

Keep Your Business in the Family with First Bank of the Lake As a business owner, you’ve dedicated countless hours and immense effort into building your company. Now, as you consider retirement, you might be thinking about selling your business to a family...
Tips for Building a Business Emergency Fund

Tips for Building a Business Emergency Fund

Tips on How to Establish and Manage a Helpful Emergency Fund For Your Enterprise An emergency fund for your small business is a smart investment. By having some savings on hand, you can help your company weather economic downturns, a loss of patronage, and unexpected...
Inventory Management 101

Inventory Management 101

Are You Doing It Correctly? In the world of small business, one crucial aspect that often gets overlooked is inventory management. Properly managing your inventory can have a major impact on your bottom line, cash flow, and overall business success. In this article,...
How To Build Credit For Your Business

How To Build Credit For Your Business

Credit is Crucial for Your Business’s Finances One crucial element that can significantly impact your business’s financial standing is credit. Just as individuals rely on personal credit scores, businesses need to establish and maintain strong credit to access...
Dos and Don’ts of Customer Retention

Dos and Don’ts of Customer Retention

Consider these Guidelines for Keeping Your Current Customers Happy A healthy business must have a thriving customer base that provides stability as a major revenue driver. In fact, Harvard Business Review found that it’s easier and less costly to retain existing...