The Lynnville National Bank has operated continuously since it was chartered on September 7, 1907. The main office of the bank has been at the same basic location throughout its history. The original bank was in the general store owned by J.F. Rickrich. Shortly after it was chartered, a new building was constructed for the bank. Over the years that building was remodeled and added to several times. The current building was occupied in 1976. Major additions to it were completed in 1992 and 2004.
The Chandler Office of Lynnville National Bank was acquired in September 1995. The office was acquired from National City Bank of Evansville. The building that the bank was located in was owned by the Lutz Family and rented to National City Bank. At the same time we acquired the bank from NCB, we also purchased the building from the Lutz Family. Originally the bank was called Chandler State Bank when it was started by Jack Lutz in 1953. In 1986, the bank was sold to National City Bank, who operated it as a branch until selling to Lynnville National Bank in 1995. A major remodeling of the Chandler office was completed in 2001.
The Newburg office, operating under the trade name of Newburgh National Bank, opened as a de novo branch in August 2004. LNB acquired a parcel of land on West Highway 662 and operated out of a temporary modular facility until a permanent bank building was completed in November 2005. This entry into the Newburgh market established a solid foundation for future growth of the bank.
The first president of Lynnville National Bank was Chris Caswell. After a series of presidents, Charles W. Pemberton became president in 1951 and served as president until 1976. Randall K. Pemberton was elected president in 1976 and remained in that position until June 1997. At that time he was appointed as Chairman of the Board/CEO. Bradley K. Pemberton was appointed President as of June 1, 1997.
In 1999, LNB Community Bancorp was formed as a one-bank holding company. LNB Community Bancorp is an independent bank with two branches, one located in Chandler and the other one located in Newburgh. On January 1, 2003, LNB began operating as an S-corporation for income tax purposes.
The mission of Lynnville National Bank is to provide a wide range of financial services to its market, to maximize a long-term return to stockholders through capital appreciation and dividends, and to provide a progressive work environment with appropriate awards. Lynnville National Bank will accomplish its mission by taking an active financial and civic role in its communities. The organization shall deal fairly under all circumstances and shall endeavor to be the most professional and responsive financial institution in the market. LNB will continue to grow profitably by attaining excellence in the fulfillment of customer financial service needs. Growth may also be accomplished via acquisition, branching or merger when such actions are in the best interests of the Lynnville National Bank stockholders.
The best things in life are sometimes the simple everyday things we take for granted. Isn’t it nice to know there are still banks that understand simple hometown values. That’s what Lynnville National Bank is all about. You’ll always be greeted by a warm smile and the friendliest service you’d ever hope to find. Why choose us? There are so many good reasons…..
So stop by and find out how great hometown banking can really be. You’ll be glad you did!
LYNNVILLE NATIONAL BANK
Important Information You Need To Know
This is our privacy notice for our customers. When we use the words “you” and “yours” we mean the following types of customers:
All of our consumer customers who have a continuing relationship with us, such as:
We will tell you the sources for nonpublic personal information we collect on our customers. We will tell you what measures we take to secure that information.
We first define some terms.
We, our, and us means the Lynnville National Bank.
Nonpublic personal information means information that we collect in connection with providing a financial product or service to you. This does not include information that is available from public sources, such as telephone directories or government records.
An affiliate is a company we own or control, a company that owns or controls us, or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.
A nonaffiliated third party is a company that is not an affiliate of ours.
INFORMATION THAT WE COLLECT
We collect nonpublic personal information about you from the following sources:
We do not disclose any nonpublic personal information about you to anyone, except as permitted by law.
CONFIDENTIALITY, SECURITY AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION
We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information.
NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES
Since we value our customer relationship with you, we will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law.
NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS
We do not disclose nonpublic personal information about former customers.
This website has been established by the Bank for the sole purpose of conveying information about the Bank’s products and services and to allow communication between the Bank and its customers. Information that appears on this website should be considered an advertisement. Nothing contained in any page on this site takes the place of the bank’s agreements and disclosures that govern its products and services. If any information on the site conflicts with that in the bank’s agreements and disclosures, the agreements and disclosures will control.
From time to time the Bank may place links to other websites on this page. The Bank has no control over any other website and is not responsible for the content on any site other than this one. Users assume all responsibility when they go to other sites via the links on this page.
The information and materials contained in this website are owned by the Bank or by others, as applicable. No material may be copied, displayed, transmitted, distributed, framed, sold, stored for use, downloaded, or otherwise reproduced except as permitted by law.
The Bank makes no warranties of any kind regarding the products and services advertised on this site. The Bank will use reasonable efforts to ensure that all information displayed is accurate; however, the Bank expressly disclaims any representation and warranty, express and implied, including, without limitation, warranties of merchantability, fitness for a particular purpose, suitability, and the ability to use the site without contracting a computer virus. The Bank is not responsible for any loss, damage, expense, or penalty (either in tort, contract, or otherwise), including direct, indirect, consequential and incidental damages, that result from the access of or use of this site. This limitation includes, but is not limited to the omission of information, the failure of equipment, the delay or inability to receive or transmit information, the delay or inability to print information, the transmission of any computer virus, or the transmission of any other malicious or disabling code or procedure. This limitation applies even if the Bank has been informed of the possibility of such loss or damage.
This agreement and the use of this website are governed by the laws of the State of Indiana.
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