September 30, 2018
Introducing Compass

A no-cost Personal Financial Management tool from Lakestone Bank & Trust

Compass is going to give you financial control and save you time and money. You'll know where your money goes, how much you are saving, and be able to set goals and track progress. You can sync accounts with nearly 20,000 financial institutions.

With Compass, you can also:
  • Get your complete financial picture.
  • Tag transactions to understand spending habits.
  • Make informed choices with the cash flow calendar.
  • Visually track your progress to help you reach financial goals quicker and easier.
  • Stay informed with account alerts.
  • Monitor total assets and debt for up-to-date net worth.
  • Budget quicker and easier.
Cyber Security Learning Event
October is Cyber Security Awareness month and we are in the process of planning a free event at our Wealth Management Center. To help us plan, please complete this short survey. Thank you. 
Cyber Security Tips
Gone Phishing

If you've ever received an urgent call or text from an unknown phone number requesting your personal banking information, chances are it came from a scammer engaging in the practice of phishing. According  to the Federal Trade Commission, "Phishing scammers lure their targets into a false sense of security by spoofing the familiar, trusted logos of established, legitimate companies." These scammers will state that your accounts will be frozen, you'll fail to get a tax refund, your boss will be angry with you, or even that you will be arrested if you do not give them the information they want. Phishing happens every day, but there are steps you can take to protect your personal information and finances. 

How can I protect myself and my business from phishing?
  • Be cautious about opening attachments or clicking links in emails. Nobody is completely immune to a phishing attack, so be cautious of links sent even from friends and family. Files and links can contain malware that can weaken your computer's security and steal your information.
  • Do your own typing. Instead of clicking on links, use your favorite search engine to learn about the phone number or website before you engage with it.
  • Make the call if you're not sure. Do not respond to any emails asking for personal or financial information, since these are tactics phishers use to prey on the fear they cause the recipient. If you believe someone does truly need this personal information from you, pick up the phone and give them a call using a trusted phone number.
  • Turn on two-factor authentication. Two-factor authentication can save your accounts from hacking if you take the time to turn it on. Two-factor authentication requires a password and another piece of information that could be a code sent to your phone, or a random number generated by an app or a token. This is an extra layer of security that will help keep your finances safe.
  • Report phishing emails and texts. Emails can be forwarded to, and to the organization impersonated in the phishing scam. You can also file a report with the Federal Trade Commission at learn more about phishing and its relation to identity theft, you can visit Additionally, you can also report phishing emails to, an organization whose focus is global cybercrime.  

For more information & resources, visit the Federal Trade Commission Consumer Information website .
Upcoming Events
October 31, 2018
Join us for Customer Appreciation Day. Stop by any office to enjoy cider and sugar cookies.

December 7, 2018
Join us for our Christmas Open House. Stop by any office to enjoy cider and sugar cookies.
Call Ty to help you secure the future of your business.
Important Information: Lakestone Bank & Trust is pleased to provide the information contained in this newsletter to our customers seeking to gain the most value from their banking relationship with us. The content of this newsletter contains advertising of products and services. Lakestone encourages you to discuss your specific situation with your banker or other advisor before acting on ideas offered in Business Connections.
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Lakestone Bank & Trust | 810.664.2977 |  |   Member FDIC | Equal Housing Lender