October Economic Report Is Awesome
To quote the Oscar-nominated song from “The Lego Movie” – everything is awesome. Chip said this is one of the best reports he’s ever seen. Overall, another record number for the Index – 148.0 – up from 147.3 in September...
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September Economic Index
Another record number for the index – 147.3, up from 146.7 in August and up from 144.2 from September of last year. “It’s great news for Lubbock,” said Chip. “Not many communities can say it. Look what’s happening in Midland, Odessa, Big Spring – we have no boom and bust and utility costs are under control.”
“Oil is inching up, which should help Texas avoid a recession,” said Chip.
“Cotton is up 14.8 percent, September over September, which is good compared...
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Lubbock's Hometown 'Phantom'
Lubbock National Bank is the title sponsor of “Phantom of the Opera,” playing now through Nov. 27 at Lubbock’s Civic Center.
“Phantom” is being produced by Texas Tech University’s Opera Theatre, in cooperation with Moonlight Broadway, a part of Lubbock’s..
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Hometown Hero Stories: Gina and Jacob Flores
Hometown Hero Stories: Gina and Jacob Flores served their nation and community, now building a business and life in Lubbock...
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Chip Gilmour's Six Takeaways from August Economic Index
The Lubbock economy has now had five years of stable growth since August of 2011, expanding by 24 percent over that period.
Average home sales price for the month was $196,499 – the highest ever!
Lubbock’s employment rate stayed low at 3.8 percent, still third lowest in the state
Low inflation rate of 1.4 percent was driven by continued declines...
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It Was In God's Hands
When Susie Smith was called back after her annual mammogram early last year, she didn’t think anything was unusual when told they needed another look.
“I didn’t think anything of it,” said the Lubbock National Bank vice president of the day she had a second mammogram and sonogram done...
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Chip Card
Lubbock National Bank now offers EMV credit and debit cards with an embedded chip that help fight fraud.
Kyle McNeese, senior vice president – chief information officer, explains why we’ve made this change, followed by a helpful FAQ...
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QB Sack
Every time the Texas Tech defense sacks an opposing quarterback, the Ronald McDonald House Charities of the Southwest gets a boost and Lubbock National Bank gets an assist.
This is the 15th year Ronald McDonald House...
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Chip Gilmour's Five Takeaways from July Economic Index
Buying a home in Lubbock is a good investment. The average home price grew from $166,000 last July to $191,000 this July – an increase of almost 15 percent. “Two-to-three percent would be average,” said Gilmour. “If you are renting...
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Chip Gilmour's Five Takeaways from June Economic Index
We’ve had five years of growth and expansion in Lubbock.
A sign of that growth is the monthly Index surged to a record high of 146.6 in June … up from 146.1 in May and breaking the old record of 146.3 in April.
Construction continues...
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LNB Helping Fight Forgery Ring
One of Lubbock National Bank’s online services for businesses and a savvy teller helped catch a suspected forger in late July – the latest arrest of a forgery ring targeting Lubbock.
“A guy walked in and wanted to cash a check from...
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What You Need To Know About Financial Exploitation
Sometimes it’s friends. Sometimes it’s family.
People wanting access to an older person’s money.
It’s a different kind of elder abuse, said Debbie Speigel, LNB’s vice president and senior bank risk officer.
The bank will address...
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FDIC Insurance Updates
Starting December 31, 2010 through December 31, 2012:
All funds in a "noninterest-bearing account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited...
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