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Welcome to our Business Connections eNewsletter.
Our goal is to offer our Business customers an informative, beneficial tool to help your business grow and prosper. We look forward to your comments and suggestions for the coming issues. |
Product Feature
Funds Management
Lapeer County Bank & Trust Co. offers you a comprehensive array of solutions to meet the growing needs of your business. We offer programs to maximize your funds availability, simplify your banking and reduce costs.
The owner of the business enrolls in Funds Management and has full control over which employees access the account and features.
- Easily sort/search for account information
- Originate direct deposits for payroll
- Offer your customers automatic payments
- Pay taxes
Also included with Funds Management:
Funds Management Bill Pay Service
- Pay bills in the U.S., from utility companies to your accountant
- Schedule payments up to one year in advance
- Schedule recurring payments so you don't have to remember to mail them
Express Statement CD
Receive your monthly Express Statement CD which contains a copy of your statement and images of any checks or deposits that have posted to your account.
Get started today: Funds Management Specialists
- Marsha Kalakay
- Deb Coe
- South Main & DeMille Office
- 810-664-9986
- Kim Hill
- Deerfield Office
- 810-793-6311
- Elizabeth McVety
- Attica Office
- 810-724-6436
View Fee Schedule
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| Customer Spotlight
 Dulaya Memories in Art is a family owned
business. Their humble beginning was truly a labor of love after the loss of their oldest sister, Susie. A work of art called "Reunion" deeply touched and comforted them. Out of desire to share this comfort, they were inspired to create an opportunity for others to express love and hope by giving Dulaya Memories in Art.
Dulaya Memories is an inspirational art supplier, providing not only a compliment to flowers given at the time of a loved one's passing, but also beautiful gifts for any occasion. Each print is beautifully framed and ready to hang, complete with a dedication label on the back.
For a limited time businesses can enjoy a special discount of 10 % off an order placed at dulayamemories.com. When you check out enter the promotional code "Corporate" to receive this business discount.
Local: 810-688-3988
Toll Free: 1-888-A-LOVED-1 ~ 1-888-256-8331
If you are interested in spotlighting your business in this section, please call Danielle at 810-245-2957 or email Business Development. This is a free service.
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Security News
Online Safety
Between home, work, and volunteer responsibilities we have many online passwords and security questions to remember. Scott Montgomery, from Open Systems Technologies recently shared a few safety tips that will make this monumental job easier.
First, use the same password, but use an identifier in the beginning or end. Last quarter we used the strong password example BluSk!sTdy (Blue Skies Today). Using this tip, passwords would look like:
BluSk!sTdygmail
BluSk!sTdywork
BluSk!sTdybank
BluSk!sTdytwitter
BluSk!sTdyblog
BluSk!sTdyfacebook
BluSk!sTdyhabitat
Next, just about all websites that you log into have security questions to help identify who you are. Unfortunately, your answers to these questions can probably be found in your social media profiles. So how do you protect yourself? Lie. Criminals don't feel bad when they steal your identity, so it is time to outsmart the bad guys.
How do you remember a fake security question answer? Decide on a word you will always use, such as "green". Then take the keyword in the question and attach your word to it. See the samples below:
- I was born in what city?
Answer: citygreen
- What was the name of my first pet?
Answer: petgreen
- What is my mother's maiden name?
Answer: maidennamegreen
- What is your favorite sport?
Answer: sportgreen
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Holiday Promotion 
This holiday season, using your Debit MasterCard could win you a New York City shopping spree! Use your Lapeer County Bank & Trust Co. Debit MasterCard® card* between Nov. 1 and Dec. 31, 2010! Each time you swipe and sign, you'll be automatically entered for a chance to win the shopping experience of a lifetime.
* NO PURCHASE NECESSARY. Void where prohibited. PIN-based & international transactions ineligible. Starts 11/1/10. Ends 12/31/10. Restrictions apply. Visit www.aholidayafter.com, enter code FISAHHEM for additional chances to win, Official Rules, and complete details.
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Toolbox
- Want to create or update an existing business plan? SBA.gov, Small Business Administration, has a 30 minute video and templates to help you achieve this goal.
- Need an easy way to track expenses and create budgets? Mint.com is a free online money management tool.
 Need a free blog to keep in touch with your customers? Check out Blogger.com.
- DimDim.com offers helpful web conferencing solutions. Their basic service is free.
- Want to monitor the use of your business name on the web? Check out this free service at Google.com/alerts.
- Looking for sample forms and documents for your business? Check out DocStoc.com.
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Holiday Hours:
Closed: Christmas Day
December 25, 2010
New Year's Day
Christmas Eve Day
December 24, 2010
- All offices close at noon
New Year's Eve Day
December 31, 2010
- All lobbies close at 3:00 p.m.
- All drive-ups close at 5:00 p.m.
Christmas Open House December 10, 2010
- All offices serving North Branch Bakery Cookies
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Ask Us...
Do you have questions about banking related topics? Chances are your peers have the same questions. Submit your questions to Business Development and we will post a few Questions & Answers here each quarter. |
Question:
Can I combine 401 (K) plans from different employers?
Answer:
Some plans do allow prior plan dollars to be added, but not often. By opening up an IRA at LCBT and rolling over your old 401 (K) plan dollars you have more control over your investment choices. In addition you will have more flexibility without incurring any taxes during the transfer. For additional information contact our Wealth Management Group at 810-245-2946.
Informational 401 (K) Video
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 In October the Wealth Management Group welcomed Gary Shegina as Assistant Trust Officer. Shegina is a graduate of Western Michigan University with a Bachelor of Business Administration Degree. He has also earned Certified Financial Planner and Certified Trust & Financial Advisor designations. Shegina is a seasoned wealth management professional with fifteen plus years' experience.
The Wealth Management Group specializes in providing high net worth individuals and families with tailored investment management, retirement, estate planning, taxation and trust services, with the goal of sustaining and growing long-term wealth. |
Just for Fun
How much money is printed each day? The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $541 million. That doesn't mean there is $541 million more money circulating today than there was yesterday, though, because 95% of the notes printed each year are used to replace notes already in circulation.
How many pennies were made in 1998? There were more than 10 billion pennies made in 1998. The actual number of coins produced, by denomination, was as follows: pennies, 10,257,400,000; nickels, 1,323,672,000; dimes, 2,335,300,000; quarters, 1,867,400,000; half-dollars, 30,710,000.
Source: factmonster.com
Laughs
Three animals were having a drink in a cafe, when the owner asked for the money. "I'm not paying," said the duck. "I've only got one bill and I'm not breaking it." "I've spent my last buck," said the deer. "Then the duck'll have to pay," said the skunk. "Getting here cost me my last scent." |
Special Reminder
 Pick up your 2011
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Notice of Changes in Temporary Insurance Coverage for Transaction Accounts
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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