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Embarking on a construction project is an exciting venture, but securing the right financing is crucial for success. Construction loans play a pivotal role in turning your dreams into reality. In this guide, we'll explore key tips to navigate the complexities of obtaining a construction loan and ensure a smooth journey from inception to completion.

Navigating the intricate financial landscape of nonprofits demands a strategic approach, and one key element often underestimated is the adoption of a dedicated business bank account. In this article, we delve into the multifaceted advantages that nonprofits can derive from maintaining a business bank account.

Business owners, especially first-time ones, often get confused about whether or not they need a business banking account or if it is okay to just run everything through their personal accounts. The answer can be especially confusing for people who are self-employed.

Bank of America is typically credited for making the very first “consumer credit card” available for public use in 1958. Others dispute this fact and assert that the Diners Club Card really predated it in 1950. And real persnickety historians go back even further to 1946 and cite John Biggins, a Brooklyn, New York, banker as being first. Biggins came up with the idea of the Charg-It card. His banking customers could use the Charg-It card at a few select merchants to buy things on credit.

Shopping should always be joyful! After all, we’re getting things! But it can be stressful as well because it’s a time suck and a financial strain. Here’s a few savvy strategies that you can use to navigate shopping and avoid breaking the bank. Budget-smart shopping saves money and time.

Traveling can be a joyous adventure, but there are always a few hassles. Planning the modes of transportation and setting them up. Getting the best deal on places to stay. Achieving the right mix of work and entertainment. Finding good and affordable places to eat.

In an era dominated by online phishing activities, exercising caution is paramount. Scammers are now exploiting QR codes to compromise IDs, pilfer funds, and conduct unauthorized transactions.

Building a new business takes hard work and dedication. As you start to grow your business, it’s important to have the right financial partner. Choosing a bank that understands your needs as a business owner can make a huge difference in your success. That’s why Lexicon Bank exists. We’re a commercial specialized bank that focuses […]

As tax season looms on the horizon, we understand the importance of meticulous financial management and preparation. For businesses, this time of the year is both daunting and crucial. Below are some key considerations and strategies that businesses should undertake to effectively navigate the complexities of tax season.

As we navigate through 2023, it's apparent that the banking industry is undergoing significant transformation, driven by evolving customer expectations and technological innovation. Among the many trends shaping the industry, one stands out for its potential to revolutionize the customer experience: hyper-personalized banking.

Building a new business takes hard work and dedication. As you start to grow your business, it's important to have the right financial partner. Choosing a bank that understands your needs as a business owner can make a huge difference in your success. That's why Lexicon Bank exists. We're a commercial specialized bank that focuses on helping businesses thrive. In this blog post, we'll discuss the benefits of banking with a commercial specialized bank like Lexicon Bank.

As a small business owner, the holiday season is both an exciting and potentially risky time. With so many transactions happening online and the potential for cyber threats ever-looming, keeping your bank account safe from hackers is of paramount importance. In today's blog post, I'll be sharing some actionable advice to help you prepare your business for the holiday season and stay safe online from cybersecurity risks. By the end, you'll be armed with valuable information to keep your finances secure and your business thriving.