Summary
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
History
The Company offers a wide range of banking services to its customers and clients. These services include commercial and retail banking, trust services and mortgage banking. The Corporation's banking services are provided through its main banking subsidiary, Lake City Bank and its other banking subsidiaries.
Mission
At Lakeland Financial Corporation, our mission is to provide our customers with the highest level of service and products available, while building strong and lasting relationships. We strive to exceed our customer’s expectations and take pride in meeting and exceeding customer service standards.
Vision
By making customer service our top priority, Lakeland Financial Corporation strives to create the best banking experience for our customers and clients. We will continually strive to achieve higher customer satisfaction, build customer trust, and demonstrate excellence in all areas of banking services.
Key Team
Mr. Eric H. Ottinger (Exec. VP & Chief Commercial Banking Officer)
Mr. Jonathan P. Steiner (Sr. VP & Chief Wealth Advisory Officer)
Mr. Michael E. Gavin (Exec. VP & Chief Credit Officer)
Ms. Stephanie R. Leniski (Sr. VP & Chief Retail Banking Officer)
Mr. Brok A. Lahrman (Chief Accounting Officer & Sr. VP of Fin.)
Mr. Rickard James Donovan (Sr. VP, Gen. Counsel & Sec.)
Ms. Kyra E. Clark (Sr. VP & Chief Human Resource Officer)
Recognition and Awards
Lakeland Financial Corporation has been the recipient of numerous awards, including the Consumer Bankers Association Five Star Quality Award, Raddon Financial Group/FFIEC IT Award, ABA Webster Awards for Quality Service, VISA Business Leader Award, US Banker's Best Regional Banks, and multiple Ernst & Young's Winning Strategies Awards.
References
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