June Dairy Month

Bank of Luxemburg is proud of our local farmers! The amount of hard work and dedication that goes into running a farm does not go unnoticed. At Bank of Luxemburg we offer a variety of financial services to help farms of all shapes and sizes to grow and prosper for generations to come.June Dairy Month

We strive to have a positive impact on people’s lives whether that mean saving you time with our business checking accounts or a line of credit to purchase cattle or to purchase that 40 acre parcel across the street. Our convenient branches make dropping off a deposit or signing paperwork a trouble-free experience.

Our commitment to the communities we serve shines through to our community involvement and local decision making. Bank of Luxemburg has locations in Kewaunee, Door and Brown counties.

Luxemburg Bancshares, Inc Declares Dividend

Luxemburg Bancshares, Inc., parent company of Bank of Luxemburg held it’s annual meeting on May 15, 2018 and announced a semi-annual dividend of $.63 per share, payable on June 15, 2018, to shareholders of record as of June 1, 2018. The current dividend is an increase of $0.03, compared to the June 2017 dividend of $0.60 per share paid on June 15, 2017.

The shareholders elected Lynie J. Vincent to the Board of Directors of Luxemburg Bancshares, Inc. Mr. Vincent is the Vice President and co-owner of N.E.W. Plastics Corp. located in Luxemburg. He is also a managing partner of Fulcrum Container in Twin Cities, MN. The Shareholders re-elected Raymond J. Balza, David S. Rueckl, and Robert G. Van Drisse. Mr. Raymond Balza is the Controller for America’s Logistics, LLC in Green Bay. Mr. Rueckl is the owner and operator of Rueckl Oil, a northeast Wisconsin fuel oil distributor.  Mr. Van Drisse recently retired as the president and co-owner of Van Drisse Insurance Agency, Inc., an independent insurance agency with offices in Green Bay and Luxemburg.

President Tim Treml noted, “Continued dividends are one example of the solid financial position of Luxemburg Bancshares, Inc. and Bank of Luxemburg. The company has a 35 year history of paying and increasing dividends on an annual basis. The bank is expecting to maintain profitable operations through 2018 and beyond with substantial deposit and loan growth.”

Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Kewaunee, Dyckesville, Casco, Algoma and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc. contact Tim Treml at 920.845.2345.

April is Community Banking Month

Where you choose to bank matters.

Your choice of bank is your vote on where your money goes. Are your hard-earned deposits reinvested back into our local community? Or are they sent off to a banking hub in another state or halfway around the world?

As more consumers realize the benefits of keeping their money local, we encourage you to think about how banking locally can go a long way in helping the communities we serve thrive. We have eight locations in Brown, Door and Kewaunee Counties to meet your needs!

For example, when you deposit funds into a community bank, you can trust that your money is being redistributed back into the community in the form of loans to fellow residents and entrepreneurs.

At Bank of Luxemburg, we have the privilege of serving local residents and their families by making loans that help them buy a home, pay for a vehicle, or send a child to college—whatever it is, we’re there and happy to lend a hand. We also have the honor of serving many of our town’s small businesses through loans to help them get started, grow and succeed.

We’ve also served many of the local farms and agricultural enterprises that have been part of our community for generations. We are working with the next generation of entrepreneurs to help launch their exciting ideas and bring our community into the future. This is local money at work—a symbiotic relationship between bank and community that makes sense.

We encourage you to think about where you bank and how your money has the power to make a meaningful impact on our community. From local farms to craftsmen to startups, banking locally with a community bank connects you to your community and your neighbors and gives everyone a stake in its financial success. Here are a few reasons why:

  • Community banks respect the communities we serve by doing right by their customers and community. Community banks and local communities have symbiotic relationships—one cannot thrive without the other.
  • Community banks are relationship lenders. They know their customers and understand their financial needs, unlike larger institutions that take a transaction-based approach to banking.
  • Community banks understand and celebrate local economies. As small businesses themselves, community banks are an unequivocal resource for entrepreneurs looking to launch a local small business. A study from seven Federal Reserve Banks found that small businesses that apply for loans with community banks are the most successful and most satisfied.
  • Community banks give back. Serving local communities is second nature to community banks. At Bank of Luxemburg, we take pride in making our community stronger through various service projects. Recently, we organized the annual Easter Egg Hunt in Luxemburg. The bank also hosts The Big Read for kids to learn more about how to save money. These are just a few of the things we do in our community to have a positive impact on people’s lives.

Making our community better and stronger is something that we all have a stake in. We hope you will join us in continuing to make the areas we serve thrive and prosper for years to come! Learn more at http://www.bankofluxemburg.com.

Lynie Vincent New Board of Director

Lynnie VincentBank of Luxemburg is pleased to announce that effective January 23, 2018, Lynie Vincent has been added to their board of directors. Mr. Vincent has strong ties in the community where he is an owner and vice president of sales and marketing at N.E.W. Plastics Corp., co-owner and managing partner at Fulcrum Container, Inc. and a co-owner of other varied area businesses.

A graduate of St. Norbert College, Mr. Vincent is following in the footsteps of his father who was previously chairman of Bank of Luxemburg’s board of directors. According to Mr. Vincent, “I’m excited to join the Bank of Luxemburg Board, where I’ll have the opportunity to offer my knowledge and expertise to help the bank grow and thrive. I’m also looking forward to working with the other board members. They are a fantastic group and I’m sure I will learn a lot from them.”

Member FDIC

Lending Staff Promotions

Effective January 1, Bank of Luxemburg promoted Garrett Jesko to vice president of commercial lending. Garrett began his career with Bank of Luxemburg in 2009.HGarrett_Jeskoe has been instrumental in Bank of Luxemburg’s growth, especially in the Green Bay Market. Jesko has developed and manages the largest loan portfolio at the Bank. Jesko holds a finance degree from University of Wisconsin–Whitewater. He worked for four years as a credit analyst prior to coming to Bank of Luxemburg. “I look forward to continuing to grow Bank of Luxemburg’s presence in the Green Bay market.”

Also effective January 1, Jake Dittmann was named commercial loan sales officer. Jake joined the Bank as a loan sales officer in April 2015 and has been active in numerous committees throughout the bank. He recently participated in Leadership DevelopmeJake Dittman Professionalnt and Process Improvement Training. Dittmann holds an economics degree from University of Wisconsin – Green Bay. He worked for five years as an assistant vice president/office manager and for two years as a home mortgage consultant at two financial institutions prior to coming to Bank of Luxemburg. Dittmann is an Army Veteran and was deployed to Iraq in support of Operation Iraqi Freedom. “In my 10 years as a lender, I’ve always enjoyed developing trusting relationships with new and existing customers and I look forward to doing the same in my new role as commercial loan sales officer.”

Garrett will continue working at the Bellevue Branch and Jake relocated to the main branch in Luxemburg.

Offering full-service personal and business financial solutions since 1903, Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com. Member FDIC

Dillon Voltz Portfolio Manager

Dillon R. Voltz has recently been promoted to portfolio manager. Voltz, who grew up in a farming family, will focus part of his efforts on the agricultural lending segment in addition to more general business lending.

A graduate of UW-River Falls Voltz holds a bachelor’s degree in business administration wDillon Voltzith an emphasis in finance. This promotion is the result of a job well done, as he has served as a credit analyst at the bank for the past year. “I’m excited to work with local farms and businesses—to help them grow or start up into the Agricultural Industry—while at the same time helping those customers and the bank with responsible lending structures and tactics.” said Voltz.

 Voltz lives in Green Bay and in his free time he enjoys doing many outdoor activities, including hunting and fishing, in addition to lifting weights.

 Offering full-service personal and business financial solutions since 1903, Luxemburg Bancshares, Inc. and Bank of Luxemburg has banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.


Bank of Luxemburg Recap


Happy holidays from your friends and neighbors at Bank of Luxemburg! At this time of year we would like to take a moment to thank all our customers for the trust you put in us throughout 2017.

We’re proud to be a community bank, celebrating and supporting our hometowns all year long. From our annual Easter egg hunt to summer cookouts… from marching in local parades to sprinting through fun runs…from toy drives and much, much more… Bank of Luxemburg is honored to take part in so many worthwhile and fun events.

    • Kewaunee Cookout – benefiting Kewaunee School District, raising $1,225
    • Algoma Cookout – benefitting the Algoma Library FriendsIMG_5422 – Book Corner, raising $1,055
    • Dyckesville Cookout – benefiting Dyckesville Lions, raising $815.50
    • Bellevue Cookout – benefiting the Brown County K-9 Unit, raising $1,081
    • Luxemburg Cookout – benefiting Kewaunee K-9 Unit, raising $1,255
    • Sturgeon Bay Cookout – benefiting Door County K-9 Unit, raising $750
    • School Supply Drive – Kewaunee County locations were drop off sites for the Kewaunee County School Supply Drive
    • Dairy Dash – the bank team helped raise funds benefitting the Violence Intervention Project
    • Easter Egg Hunt—the bank donated, organized and volunteered for the event at the Community Center in Luxemburg
    • Big Read—as part of Money Smart Week, we read Just Saving My MonDyckesville Check Presentationey, created a Little Critter Puppet, gave out coloring books and copies of the book and served milk and cookies to local children
    • Minute 2 Win It—the bank team helped raise money for Door Kewaunee Business Education Partnership
    • Floats in the Algoma, Luxemburg, Dyckesville, Kewaunee, Casco and Sturgeon Bay Parades
    • Toys for Tots Drive


Employees of Bank of Luxemburg also raised funds by paying $25 a quarter to wear jeans on Fridays. Quarterly, the money is given to different organizations :

  • 2017 First Quarter CP Telethon – $1,325
  • 2017 Second Quarter Ribbon of Hope – $1,558
  • 2017 Third Quarter Feeding America – raised $1,733. The Kewaunee County Feeding America Event will take place on May 12, 2018.
  • 2017 Fourth Quarter Giving Tree – Several families in Kewaunee, Door and Brown Counties are given presents as well as much needed items for their families for the holidays. The Giving Tree includes Bank of Luxemburg employee donations as well as donations from others within the communities we live and serve.
  • No Shave November – Employees who participated donated $10. Money raised was donated to the American Cancer Society. Employees raised $150!

Thanks to our incredible customers, it’s been a great year for Bank of Luxemburg and the communities we serve. We’d like to wish you and yours a warm, safe and merry holiday season and a very happy 2018!

Area Caller ID “Spoofing” Scam

LUXEMBURG, WI (November 1, 2017)—Bank of Luxemburg has recently received complaints from customers about a phone scam to collect personal information. Customers have reported that a person speaking with a foreign accent calls from a Bank of Luxemburg caller ID, states that they work at Bank of Luxemburg, then requests personal information.

According to the Federal Communications Commission (FCC), this type of scam is referred to as “spoofing” and occurs when a caller deliberately falsifies the information transmitted to your caller ID display to disguise their identity. Spoofing is often used as part of an attempt to trick someone into giving away valuable personal information so it can be used in fraudulent activity or sold illegally. U.S. law and FCC rules prohibit most types of spoofing.Phone

Bank of Luxemburg Vice President of Retail Deanna Tittel wants to assure customers Bank of Luxemburg would never try to collect information over the phone. “If you receive a phone call from a caller ID associated with Bank of Luxemburg or a person claiming to be a representative of the bank asking for personal information, do not engage in conversation,” Tittel advises. “Hang up and call Bank of Luxemburg directly with a legitimate phone number listing to report the incident.”

Tittel also recommends looking to the FCC’s consumer guidelines below if you believe you’re the victim of “Spoofing”:

  • Never give out personal information such as account numbers, Social Security numbers, mother’s maiden names, passwords or other identifying information in response to unexpected calls or if you are at all suspicious.
  • If you get an inquiry from someone who says they represent a company or a government agency seeking personal information, hang up and call the phone number on your account statement, in the phone book or on the company’s or government agency’s website to verify the authenticity of the request.
  • Use caution if you are being pressured for information immediately.

About Bank of Luxemburg: Offering full-service personal and business financial solutions since 1903, Luxemburg Bancshares, Inc. and Bank of Luxemburg has banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.

Bank of Luxemburg Hires New Assistant Vice President of Commercial Lending

LUXEMBURG, WI (October 23, 2017) –Bank of Luxemburg recently hired Ken Rehn as assistant vice president of commercial lending. Ken will work to increase lending to businesses in the Bank of Luxemburg footprint. His office will be located at the Luxemburg branch on Main Street.

Ken brings over 15 years of banking experience and 20 years in the private sector to his new role at Bank of Luxemburg. Ken owned and operated grocery stores in the Upper Ken RehnPeninsula, and spent five years as a district manager for a Midwest grocery wholesaler. Ken spent 10 years in retail banking and the last five years in commercial lending. A graduate of Bob Jones University in Greenville, South Carolina, Rehn holds a bachelor’s degree in business administration.

Offering full-service personal and business financial solutions since 1903, Luxemburg Bancshares, Inc. and Bank of Luxemburg has banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.

How To ACTUALLY Stick To Your Holiday Budget

Moneying.com  has some great tips about how to stick to your holiday budget.

by Connie Mei

It’s that time of the year again! The year seems to be quickly going by and the holiday season is right around the corner. The holidays are a time filled with family, fun and food. While the last few months of the year are usually all about laughter and celebration, it is also one of the most expensive times of the year as well. With traveling expenses and presents, your budget can quickly get out of hand.

Before you get stressed out about holiday budgeting, start a plan. The earlier you begin thinking about holiday spending, the more time you’ll have actually enjoying the season. Here are five tips to help you stick to your holiday budget:christmas-snowman

Start Early!

The early bird gets the worm! While you might think it’s too early to start thinking about the holidays, think again. Before you know it, it’ll be the week before Christmas and you’ll find yourself scrambling for last minute gifts. Start your planning now before you stress yourself out. Begin making your list of people you need to get gifts for and jot down rough ideas of what you might want to get them. Once you have your list ready, you can start hunting for steals and deals well before Christmas. You might even get your shopping done early!

Tackle Black Friday Deals

You either love Black Friday or you hate it. It’s an experience that definitely isn’t for everyone. The idea of braving crowds and lines for discounted goods right after stuffing your face with turkey sounds appalling to me, but you may find it totally appealing. If you belong in the latter group, then prepare yourself for the big day. Many retailers will release a list of their sales the week prior so you can start making your list ahead of time. Be sure to research when stores open as you might want to get there early in case inventory sells out. If you don’t get exactly what you what on Black Friday, there’s always Cyber Monday – when you can find plenty of deals online without the crowds.

DIY Your Gifts

Store-bought gifts aren’t always the best. Homemade items carry a lot of significant value and you can personalize it and make it exactly how you want. Consider diy-ing your gifts if you have the talent. Not only will your friends and family appreciate the thought and effort you put into it but you’ll also save a significant amount of money.

Set Limits

It would be amazing if we could buy all our loved ones the perfect gift, but most of us can’t afford to do that. While you’re making your list and shopping, be sure to be realistic with what you can afford. Decide what your limits are for each person and stick to it. Even if you find the most “perfect” gift for someone on your list, it’s not going to work if it will break the budget. It’s the thought that really counts so don’t worry about buying the most expensive gift.

Spend on Experiences

Most of the time it’s better to gift an experience if you can’t really find the perfect gift for someone. Think about what they really enjoy doing. For instance, tickets to a local play or a gift certificate to their favorite restaurant can be great ideas. Plus, you might also be able to tag along so not only do you get to enjoy the gift, but you also get to spend time with the recipient too.

The holidays are quickly approaching. While shopping and sticking to your budget is important, also remember to take a few moments to enjoy time with family and love ones.