As the coronavirus (COVID-19) continues to gain media coverage you may begin to have questions about our preparation plans. We would like to assure you that Lake Central Bank has had a Business Continuity Plan, for public health events such as this, for many years. We have obviously reviewed these plans and want you to know, while we do not anticipate business disruption from the COVID-19 outbreak or from seasonal flu, which is currently more prevalent in our area, we feel we have a good plan and are prepared. We will continue to monitor information from national, state and local government agencies, and determine our responses based on updates from the CDC and the Minnesota Department of Health.
In the event that COVID-19 becomes a local health emergency, we may begin implementing plans for more remote work and other “social distancing” methods, to slow the spread of the virus and to minimize any disruption in our customer services. If the public health situation escalates we will communicate these plans as we implement them. In the meantime, please be assured that we are monitoring the situation closely, and we encourage everyone to continue to practice thoughtful hygiene as we do in every flu season.
Finally, now is also a good time to remind everyone of the advances in banking technology which we have implemented over the years. Our online banking services allow you to transfer funds, write checks, and even deposit checks from anywhere you have internet access.
As always, please contact us if you have any questions or concerns.
Sincerely,
Bryan Bruns, President and CEO
