News from Lapeer County Bank & Trust Co. Marketing

December 30, 2015

In This Issue

Featured Product

Individual Retirement Accounts (IRAs)

Individual Retirement Accounts (IRAs) are personal retirement savings plans. Individuals with earned income are eligible to open an IRA account. Interest earned on this account may be tax-deferred until withdrawn. Contributions may or may not be tax-deferred, depending on your individual circumstances.

You tell us what type of IRA you need and we will help design the investment plan that is right for you. Our available plans include:

IRA Savings Accounts - Traditional and Roth
Variable Rate IRA
Fixed Rate IRA
Coverdell Education IRA
Simple IRA
SEP IRA

Please call 810.245.2950 to talk to a IRA Specialist.

IRAs are for personal use only. Mutual funds are not bank products and are not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency. May lose value.

Important Information

Lapeer County Bank & Trust Co. is pleased to provide the information contained in this newsletter to our customers seeking to gain the most value from their banking relationship with us. The content of this newsletter contains advertising of products and services. LCBT encourages you to discuss your specific situation with your banker or other advisor before acting on ideas offered in Business Connections.

Credit cards available

LCBT offers both business and personal credit cards to our customers. Go to LCBT.com for more information. Apply today.

Personal Credit Card:

Benefits
Application

Business Credit Card:

Benefits
Application

Stay Connected

Technology & Security

Cybersecurity

Today's world is more connected than ever. The Internet touches almost all aspects of everyone's daily life, whether we realize it or not. Yet, for all its advantages, being constantly plugged in increases the risk of theft, fraud, and abuse. As we become more reliant on modern technology, we also become more vulnerable to cyberattacks such as corporate security breaches, spear phishing, and social media fraud.

In light of the risk and potential consequences of cyber events, strengthening the security and resilience of cyberspace has become an important mission. The easiest way to work towards a safer cyberworld is to work together. Below is a list of links where you can find information to help keep you or your business safe from cybercrime.

Best Practices To Protect You, Your Network, and Your Information

The recently updated National Institute of Standards and Technology Cybersecurity Framework highlights best practices. From "US-CERT" (7/31/2015)

Cybersecurity
Strengthening the security and resilience of cyberspace has become an important homeland security mission.

OUCH! Newsletter August 2015
In this newsletter, they explain what backups are, how to back up your data and develop a strategy that's right for you. From "SANS Institute" Heather Mahalik (8/5/2015)

Lapeer County Bank & Trust Co. will never contact a customer via phone, email, fax or text to request Online Banking credentials, SSN, PIN, password, account numbers, user names, etc. Should you suspect fraudulent activity on your account, contact Lapeer County Bank & Trust Co. immediately at 810.245.2950.

Investing In The Future

Lapeer County Local College Access Network

To increase the post-secondary educational attainment in Lapeer County, the Lapeer County College Access Network (LCCAN) has set a goal for 2016 to increase Free Application for Federal Student Aid (FAFSA) completion across Lapeer County. If you have a high school senior, you are encouraged to attend the Show Me The Money open house event on February 4, 2016 from 6-8 p.m. at the Education and Technology Center, 690 North Lake Pleasant Road, Attica MI.

What can my business or organization do to help? Post the PDF for the Show Me The Money open house on your website, Facebook/Twitter page and in your business or organization. Imagine students hear at school that they need to complete the FAFSA form. Then everywhere the students go, including the dentist, eye doctor, bank, restaurant, movie theater, stores, etc., they are reminded of the importance of FAFSA completion. The more places students and parents can be reminded of this open house and the importance of completing the FAFSA form by March 1st, the better. Even if a student does not need loans, they still need to complete the FAFSA form to qualify for scholarships.

Additional ways to help with the 2/4/16 Show Me The Money Open House?

Promote the event by posting the Show Me The Money flyer/sign. Get it HERE.
Do you offer scholarships? Set up a table at the open house to share your scholarship opportunities.
Donate money or goods to be used for food and give-a-ways.
Volunteer

For more information contact:

Dawn Mosher

Instructional Services Manager

Lapeer County Intermediate School District

Education and Technology Center

810.245.3983

What is a LCAN? Local College Access Networks (LCANs) are community-based college access alliances supported by a team of community and education leaders representing K-12, higher education, the nonprofit sector, government, business, and philanthropy. These coalitions are committed to building a college-going culture and dramatically increasing college readiness, participation, and completion rates within their community. LCANs coordinate and expand programs, services and resources that lower barriers preventing students from pursuing postsecondary educational opportunities.

LCANs organize community leaders around a singular vision: Increase the community's post-secondary educational attainment level to 60 percent by the year 2025 in order to lay the foundation for a vibrant economy, healthy community, and strong workforce equipped to compete in a 21st century global economy. An LCAN sets goals focused on student success, establishes a system of data gathering and analysis, reports results, and hold partners accountable for performance.

It is important to note a Local College Access Network is not a new program of the community or of one particular organization within the network. LCANs primarily coordinate and mobilize college access efforts rather than direct services to students and families.

Customer Spotlight

The Carpet Cleaners Inc.

Larry Travis, owner of The Carpet Cleaners Inc.

The Carpet Cleaners Inc. is owned and operated by Larry Travis. Servicing both commercial and residential, they specialize in carpet cleaning, upholstery cleaning, leather cleaning and flood restoration. Larry brings over a decade of experience to his fully licensed and insured business. The Carpet Cleaners Inc. cover Lapeer, Genesee and Oakland counties.

In addition to upholstery and leather cleaning, The Carpet Cleaners offer fiber rinse, Scotchgard and emergency water extraction.

For more information or to set up an appointment, call 810.895.1046.

Want to have your business featured in an issue of the LCBT Newsletter?

Let us know! We are always accepting requests. There is no charge to our customers for this service. Send us an email with your business name, a little about you and a picture and we will do the rest.

If you are interested in spotlighting your business in this section, please call Gina at 810.538.1925 or email Business Development.

If this is your first time receiving the Lapeer County Bank & Trust Co. Business Connections Quarterly eNewsletter - Welcome! Business Connections is a perk for being our customer and designed exclusively for you - a business person. This newsletter will keep you up to date on things happening in the Bank and around our communities. We welcome your feedback, please send it by clicking here. For additional information on products and services visit us at LCBT.com.

Member FDIC | Equal Housing Lender