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2018 News Articles

Lubbock Economy Growth Hits Seven-Year Mark

The Lubbock economy has now been growing for 84 months – that’s seven years – and is expected to keep growing through the end of 2018 and into 2019...

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Lubbock Economy Expanding for Almost Seven Straight Years

The Lubbock Economic Index bounced back in June to 151.8 after a small decline in May and barely missed matching its all-time high of 151.9 this April...

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Lubbock Economy Still Very Healthy

A drop in commercial building caused the May Lubbock National Bank Economic Index to dip over the previous month, but everything else continued to grow...

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Lubbock Economy Keeps Setting Records Across Numerous Sectors

After a brief pause in the first two months of the year, the Lubbock economy began growing again in March and April, showing just how...

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Signs of Lubbock’s Healthy Economy Are Everywhere

The average Lubbock consumer can tell a lot about the economy by driving around town – gas prices are up at the pump, for sale...

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First Lubbock Economic Index Report of 2018

Lubbock’s economic activity climbed to an all-time high in January with wage and salary growth, consumer spending and...

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Goldilocks Would Love Lubbock’s Economy

Goldilocks would love Lubbock’s economy. Not too hot, not too cold – just right. That’s how 2017 was with more expected...

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2017 News Articles

Jobless Number Just One Bit Of Good News

A 2.6 percent jobless rate – “the lowest we’ve ever seen” – was the biggest news from the October Lubbock Economic Index...

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Economic Good News is Almost Overwhelming

There was so much good news in the September Lubbock Economic Index, it’s mind-numbing to pick the most important piece. Is it...

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Lubbock Economy Now Rolling for Six Years

The Lubbock economy’s run of general growth and expansion reached an impressive six years in August since the recession/post-recession...

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Lubbock Continues to Prosper

A low unemployment rate, improving retail and auto sales and continuing solid construction numbers fueled another record number...

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Equifax Breach Reports Information

On September 7, 2017, Equifax Inc. announced a cybersecurity incident could potentially impact as many as 143 million people...

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Lubbock’s Strong Economy Keeps Building

The construction and real estate sector of the Lubbock economy is still blazing hot, leading the Lubbock Economic Index...

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Tom Mann is a ‘Hometown Hero’

No one in Tom Mann’s family had ever been a police officer, but there was enough commitment to service – to family, friends and community...

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Economic Report Hits Record Number

Boosted by more record construction numbers, a healthy jump in auto sales and a solid job market, the Lubbock Economic Index posted...

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Economic Index: ‘It’s Still Awesome’

Monthly report about Lubbock economy is repetitious, but that’s a good thing. It may sound like a broken record, but the Lubbock economy keeps singing a fine song...

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Travel Club: Fun and Smart Info

LNB Travel Club members planning trips, getting investment insights...

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LNB’s report: Economic Health Continues

LNB’s economic index: Overall growth, jobs, construction, commodity prices fuel healthy economy...

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LNB Index: Retail Sales Rebound

LNB Economic Index for January: Retail sales rebound strong, construction still going strong...

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Lubbock Economy Keeps Growing

Lubbock’s healthy economy kept steaming along in December and here are Chip Gilmour’s six takeaways from Lubbock National Bank’s December Lubbock Economic Index...

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How We Help CCAV Help Others

Last year 3,000 families got help with their taxes through the Coalition of Community Assistance Volunteers – and the organization gets a lot of help to do that job from Lubbock National Bank...

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Economic Index: More Good News

Our November Economic Index shows continued growth, lowest jobless rate in 16 years The unemployment rate dropped to 3 percent – its lowest level in 16 years. “We added 2,100 new jobs...

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Help Our Carmen Help Families

Carmen Vige once told a fib to help someone – and it was a good thing. Now she’s being completely honest about needing your help to aid families in their most serious time of need...

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2016 News Articles

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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