Lakeland Financial Corporation (NASDAQ: LKFN) was established in 1872 and is headquartered in Warsaw, Indiana (Warsaw), with 561 full-time employees. It is a regional bank holding company that provides a variety of banking products and products by controlling Lake City Bank. service.
Lakeland Financial Corporation (LKFN):
Lakeland Financial Corporation accepts various deposit products, such as interest-free, interest-bearing checks, savings, money market accounts, NOW and demand deposits. Its loan products include commercial and industrial loans, commercial real estate and multi-family residential loans, agricultural commercial and agricultural loans, 1-4 household mortgage loans and other consumer loans.
In addition, Lakeland Financial also provides retail and merchant credit card services; corporate fund management, wealth consulting and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and Internet commercial banking and online fund management service.
Lakeland Finance provides services to the commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare industries.
As of January 25, 2019, Lakeland Financial Corporation has 50 offices (50 branches) in northern and central Indiana.
Lakeland Financial Corporation (LKFN) History:
Lakeland Financial Corporation was established in 1872 and is the third oldest state bank in Indiana. During periods of prosperity and recession, and even during the Great Depression, the company was able to continue to serve the outstanding people of northern Indiana, who in turn helped the company grow into the largest local financial institution in the region.
The First Plus branch of Lakeland Financial Corporation was next to Wynant’s Drug Store. Three years later, Lake City Bank moved to the Indianan Building on the south side of Warsaw Town Square. Although Warsaw is still the headquarters of Lake City Bank, the company has now expanded to the Indianapolis market and has 50 convenient branches in Indiana with total assets of US$4.8 billion.
Since the 1990s, Lake City Bank has been a subsidiary of Lakeland Financial Corporation.