News

Shared DNA Allows New Market Bank to Grow in Prior Lake

Fifteen years ago this month, New Market Bank opened in Prior Lake. Anytime a small community bank like ours adds a new branch, you can bet it’s not a decision taken lightly. It’s likely a leap of faith taken after crunching numbers and lots of discussion among leaders and board members.

Save, Spend, Share: Saving Teaches Kids Many Valuable Lessons

“A penny saved is a penny earned,” doesn’t mean much in a world of digital payments and credit card transactions. But for kids without cellphones, checking accounts or credit, coins and dollar bills are tangible tools for learning about saving, spending and sharing as well as counting, addition and subtraction, goal setting, decision-making, prioritization and delayed gratification.

Financial Literacy is Key to Effective Money Management for Youth

Former Federal Reserve Chairman Alan Greenspan once stated, “Financial education is a process that should begin at an early age and continue throughout life. This cumulative process builds the skills necessary for making critical financial decisions.”

Top Three Social Media Scams

While social media is a fantastic way to communicate, share, and have fun with others, it is also a low-cost way for cyber criminals to trick and take advantage of millions of people. Don't fall victim to the three most common scams on social media.

The State of Community Banking in 2022 and Why You Should Care

In honor of Community Banking Month in April, I want to share my thoughts on the “state of community banking.” Those outside our industry may wonder, “why should I care?”. If you care about small businesses, then I would argue you should care about community banks and our viability. We are small businesses and we are a lifeline to the small businesses lining Main Streets throughout our country.

Learn a New Survival Skill: Spotting Deepfakes

The word "deepfake" is a combination of "deep learning" and "fake." Deepfakes are falsified pictures, videos, or audio recordings. Sometimes the people in them are computer-generated, fake identities that look and sound like they could be real people. Sometimes the people are real, but their images and voices are manipulated into doing and saying things they didn’t do or say. For example, a deepfake video could be used to recreate a celebrity or politician saying something they never said. Using

New Market Bank Gives Nearly $30,000 to the Community in 2021

2021 is the second consecutive year nearing the $30,000 mark

ELKO NEW MARKET, Minn., Feb. 16, 2022 – Local, family-owned New Market Bank with locations in Lakeville, Prior Lake and Elko New Market, announced today that it contributed $29,703 to local nonprofit organizations, schools and community initiatives during 2021. The total is nearly equal to the 2020 community-giving total of $29,685 and includes bank donations, donations by employees and customers, which the bank matched, and sponsorships of various fundraising events and special requests.

New Market Bank Chosen ‘Best Bank’ in Lakeville Sun Thisweek Readers’ Choice Awards

For the second consecutive year, the readers of the Lakeville Sun Thisweek have chosen New Market Bank the “Best Bank” in the publication’s 2022 Readers’ Choice Awards. The results were announced in a special section of the newspaper’s Jan. 28 edition.

College Parents: Don’t Leave Money on the Table!

My daughter Kayla’s post-graduation plans are taking shape. She looked at several great schools, including both private and public, starting the summer before her junior year. At first, I thought that may be too early, but I quickly determined that visiting schools is tiring and there is so much information to consider. I am glad we started when we did.

Spot and Stop Messaging Attacks

Smishing (a portmanteau word combining SMS and phishing) are attacks that occur when cyber attackers use SMS, texting, or similar messaging technologies to trick you into taking an action you should not take. Perhaps they fool you into providing your credit card details, get you to call a phone number to get your banking information, or convince you to fill out an online survey to harvest your personal information. Just like in email phishing attacks, cyber criminals often play on your emotions

Top Cybersecurity Tips for Vacations

As the holiday season approaches, millions of people will be traveling. If you are among the many, here are some tips to help keep you cyber savvy and safe.

Achieving – and Continuing – Our Quest to be an Employer of Excellence

Even prior to COVID-19, the competition for team members who can serve our customers to our high standards was intense. That competition has intensified as many people re-evaluated their career priorities and employment desires during the pandemic. Businesses everywhere are extremely short staffed, to the point of affecting their operations.

Shopping Online Securely

The holiday season is nearing. Soon millions of people will be looking to buy the perfect gifts, and many of us will shop online. Unfortunately, cyber criminals will be active as well, creating fake shopping websites and other online shopping scams to steal your information or money. Learn how you can find good deals without becoming a victim.

New Visual Identity Honors Our Past and Carries Us into the Future

On June 10th, the 116th anniversary of New Market Bank, my father (Bob Vogel), my sister (Karen Ramola), several other family and team members and I had the privilege of unveiling a new visual identity for the bank – a new logo that honors our past and will carry us into the future.

Avoid the Most Common Email Mistakes

Email is still one of the primary ways we communicate, both in our personal and professional lives. However, quite often we can be our own worst enemy when using email. Here are the most common mistakes people make with email and how to avoid them.

Preparing for College. (Gulp!)

It’s so hard to believe my daughter Kayla is a senior in high school. How can this be? It feels like yesterday when we put her on the bus for kindergarten!

One Simple Step to Securing Your Accounts

Does it seem like cyber criminals have a magic wand for getting into your email or bank accounts and there’s nothing you can do to stop them? Wouldn’t it be great if there was one single step you could take that would help protect your from cyber criminals and let you securely make the most of technology? While no sole step will stop all cyber criminals, one of the most important steps you can take is to enable something called two-factor authentication (sometimes called 2FA, two-step verificati

I Was Born for This!

I recently took on a role I’ve been preparing for my entire life. While I gained the CEO title at New Market Bank mid-June, that’s not the role to which I’m referring. Earlier this month, I became the 2021-22 chairperson of the Independent Community Bankers of Minnesota (ICBM). I am honored to be just the second woman to serve as chair and to be the first daughter to follow in her father’s footsteps as chair.

Securely Using the Cloud

You may have heard of a concept called “the cloud.” This means using a service provider on the internet to store and manage your data. Examples include creating documents on Google Docs, accessing email in Microsoft O365, sharing files via Dropbox, or storing your pictures on Apple’s iCloud. While you access and synchronize your data from multiple devices anywhere in the world and share your information with anyone you want, you often do not know and cannot control where your data is physically

Securing Your Mobile Devices

Mobile devices are an amazing and easy way to communicate with friends, shop or bank online, watch movies, play games, and perform a myriad of other activities. Since these devices are such an important part of your life, it is essential to keep you and your devices safe and secure.