Lincoln Savings Bank (LSB) is pleased to announce the opening of an LSB Mortgage office in Clive. Kevin Wosmansky has been hired as Vice President Mortgage Lending for the Clive office where he will oversee the residential mortgage lending operations. Kevin was previously the president of Heartland Mortgage, and is bringing an experienced staff of mortgage bankers and operations support. LSB Mortgage is fortunate to have taken on such an experienced and talented staff, including 14 mortgage bankers: Jenny Greene, Barb Wosmansky, Matt Wosmansky, Cody Franson, Zuleika DeLeon, Mark Nissen, Luke Landis, Kevin Wosmansky, David Bell, Shannon Thome, Keri Hanzlick, Maggie Shaw and Kirsten Martin. A four person operations staff was also added: Amy Zuck, Megan Riesberg, Scott Wosmansky and Paulina Andrade. Lincoln Savings Bank is extremely excited to begin servicing the residents of Clive and the general Des Moines area. With the recent opening of our office in Adel and now this office in Clive, we are confident that we can provide the quality service that has helped us prosper for 109 years. LSB Financial and Lincoln Savings Bank together comprise a $500,000,000 financial services organization with 190-employees serving customers through offices in Central and Northeast Iowa. LSB Financial offers coordinated financial solutions including personal and commercial insurance; investment services; trust & estate planning; employee benefit programs; and real estate services. Lincoln Savings Bank provides a wide array of full-service banking solutions and financial planning services.

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Economic Commentary Highlights...

• We examine Japan’s economy and the earthquake impact on Japan’s growth prospects.
• A look at the key issues at this week’s Federal Open Market Committee meeting.
• United States economy still chugging along despite higher energy prices.

View the entire economic commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of March 14, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Market Commentary Highlights...

The markets may react negatively this week as a financial aftershock to the 9.0 earthquake that struck Japan this past Friday. However, the overall impact on markets is likely to be limited.

Following the devastating earthquake in Kobe, Japan in January 1995 the Japanese stock market fell 25% in the following five months.

The earthquake adds to the list of macroeconomic concerns that include the violence in Libya and Europe’s debt problems.

Read the entire Market Commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of March 14, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. This commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Market Commentary Highlights...

It is appropriate that this past Friday, March 4, marked both the 61st anniversary of the release of Disney’s Cinderella and the release of the February employment report that helps to tell the final chapter of the Cinderella story of the economic and market turnaround of the past two years.

While GDP, consumer spending, and the stock market are at or near all-time highs and the manufacturing sector is booming, job growth has lagged in this economic rags-to-riches story leaving it incomplete.

Friday’s market action and soaring oil prices serve as a reminder that even as the last chapter of this Cinderella story unfolds, new stories are being written that may be less favorable for the markets.

Read the entire Market Commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of March 7, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. This commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Economic Commentary Highlights...

• This week is relatively quiet for economic data and events
• Rising gasoline prices are likely to impact the February retail sales report
• Strong February jobs report highlights a strong week for U.S. economic data

View the entire economic commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of March 7, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Economic Commentary Highlights...

• The February jobs report dominates this week’s extremely busy data calendar.
• Fed Chairman Bernanke, a potential government shutdown, and several key central bank meetings are on the docket this week.
• Putting the recent rise in consumer energy prices in perspective.

View the entire economic commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of March 1, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com

Market Commentary Highlights...

The markets could face a government shutdown at the end of this week if Congress does not agree to a continuing resolution to extend funding for this fiscal year on or by March 4.

During the last government shutdown the Federal Reserve cut interest rates helping to
halt the stock market’s slide.

The range of potential outcomes could include default on U.S. government debt at the extreme; however, the most likely outcome is that the impasse is resolved with modest cuts and is probably neutral for the markets. But that may not come until a market volatility inducing showdown in Congress over funding takes place starting this week.

Read the entire Market Commentary. (pdf format)

Lincoln Savings Bank and LSB Financial are pleased to provide the above Market Commentary for the week of March 1, 2011. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. This commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx

###

This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com