Calumet Bank is pleased to announce the opening our first Loan Production Office in the Atlanta market. Calumet Bank has had a presence in the Atlanta market since bringing Weare Gratwick, a seasoned Atlanta commercial banker on board as Regional President in late 2016. The office is located in Atlanta Tech Park, a technology incubator located at 107 Technology Parkway in Peachtree Corners, GA. The facility features a video podcasting studio, private offices, events space and a 100-person auditorium.
Calumet Bank’s ‘The Word Nerds’ Were The Spelling Bee Winners At The 19th Annual Adult Spelling Bee
LaGRANGE – The Troup County Certified Literate Community Program (CLCP) held its 19th annual Adult Spelling Bee Monday night at the Callaway Conference Center.
The Certified Literate Community Program is known to promote community-wide literacy and enhance the quality of literacy in accordance to the guidelines of the State of Georgia. The CLCP encourages reading and supports literacy awareness programs that students can benefit from.
Funds from the bee are geared toward providing GED scholarships for students, purchasing pictionaries and books for babies and supporting the Little Free Library stations around town.
The Spelling Bee features adults over the age of 18 and the majority that participate are school teachers in Troup County and employees from local businesses.
This year’s participants were the defending champions Troup High School, Troup County Medical Society, Twin Cedars, WellStar West Georgia Medical, West Georgia Technical College, Smith Design Group/LaGrange College, LaGrange Memorial Library, Charterbank, CB&T/LaGrange High School, Calumet Bank and Batson-Cook/LaGrange Academy.
Within the first three rounds of the contest, seven groups were eliminated. That included last year’s winners, Troup County High School. That left Calumet Bank, Troup County Medical Society and West Georgia Technical College in the ballgame.
Calumet Bank stepped up to spell a word but was unable to decide on the spelling of the word in time so they passed it along to Troup County Medical Society, who then misspelled the next word. Troup County Medical Society was out.
That set up the finale between West Georgia Technical College and Calumet Bank. “The Nutty Professors” from West Georgia Technical College had the first crack to spell the next word correctly and put the pressure back on Calumet Bank. Unfortunately, they misspelled the word and that made “The Word Nerds” from Calumet Bank the Spelling Bee Champions.
“It feels really good and surprising to win,” said Roz Perdue, from the winning team of Calumet Bank.
“I was very nervous but it was very exciting to win,” said Sheree McCurry of Calumet Bank. “This is my first year, so to win in my first year and be a part of a great team is fantastic.”
Written and published by LaGrange Daily News.
By James Simpson II
Calumet Bank is proud to announce the promotion of Tracy Van Norman to the position of Columbus City President. Van Norman joined the Bank in 2017 as a commercial lender, and will now assume the position as market leader for Columbus.
LBC Bancshares, parent company of Calumet Bank, announced the unaudited financial results for the second quarter of 2018. The company reported net income of $585 thousand, or $0.37 thousand per diluted share, for the second quarter of 2018, compared with $309 thousand, or $0.19 per diluted share for the second quarter 2017. Return on average assets was 1.18% for the second quarter of 2018 as compared to .73% for the second quarter of 2017.
Mike Phillips, Chief Strategy Officer and EVP, recently wrote an article on the importance of management accounting expertise within small and medium-sized enterprises (SMEs). Click here to read the article.
Calumet Bank proudly participated in the campaign ‘Leaving LaGrange Better Than We Found It,’ on Friday, April 20, 2018. Several employees spent the morning picking up trash and debris along Calumet Center Park.