Doing well by doing good...
More than 14 years ago, the organizers of Lakeview Bank discussed a common belief that a new bank in Lakeville could “do well by doing good.” In other words, we believed in a positive correlation between giving back to our communities served and long term financial success.
We immediately set out to prove our belief. The bank’s Legacy Awards were created, recognizing and rewarding high school seniors, business owners, and citizens for their achievements and service to their communities. Each recipient receives either a scholarship or a grant to the charitable organization of their choice, with some $43,000 awarded since the Award’s inception. In addition to the bank’s philanthropy, all employees were encouraged to invest their time, talent, and treasure in an attitude of service to others. And, of course, Lakeview Bank has financially supported dozens of local organizations that serve, protect, and educate us.
While all of us at Lakeview Bank are proud of our tradition of charitable service and giving, we also know the need continues to grow. We need to do more. We can do more.
That’s why, beginning in 2018, we have committed to give a minimum of 2% of our pretax income to local charitable causes, a number that we will double over time. Starting with our Legacy Awards, where our charitable tradition began, we are increasing each of our four annual awards to $1,500. We’re increasing the amount of direct financial support to local organizations meeting the needs of our community. Perhaps most significantly, we’re giving each of our employees $500 annually that they can use to directly affect a charitable organization in which they most deeply believe, while also providing each employee with one paid day off each year that they can invest in service to our community.
Doing well by doing good. Lakeview Bank is living evidence of the validity of that belief!
President & CEO