Diana Bunnow, SBCP Customer Support Center Representative
Managing your finances can sometimes feel like a full-time job. However, organization of your finances can greatly reduce the amount of time you spend worrying about them and will help contribute to your long-term financial success. Here are some tips and tricks to get you organized and help you be financially fit in 2019.
Topics: Budget, Saving, Online & Mobile Banking, Financial Planning, Credit Score, Debt
By: Bruce Whiting, Security Officer
This month’s article discusses the topic of being a money mule. The article, taken from the website www.fbi.gov talks about the signs you may be acting as a money mule, protecting yourself and how to respond to solicitations that may open you up to this type of activity.
Topics: Security & Fraud
By: Mark Drachenberg, CFP®, Vice President and Trust Officer
If you are a fan of the mundane things in life, then 2018 was not your kind of investment year. On the other hand, if you thrive on the wild side, then the markets did their best to take you along on an adventure. A challenging year to say the least. The same might be said about 2019 once it is in the books.
Topics: Stock Market, DJIA, Economy, Wealth Management, Economic Outlook
Cost of living increase will kick in during the 2019 tax year which means individuals can save more money in tax-advantaged plans prior to their retirement.
Here are some key numbers:
Topics: Wealth Management, Financial Planning, Retirement, Tax, Retirement Planning
By: Jeff Ellestad, Treasury Management Sales Officer
Many businesses today are becoming more and more aware of the risks associated with payment fraud. And, quite frankly, they should be. While the network of fraudsters only continues to get larger, these savvy individuals and networks are always on pace, or even a few steps ahead of the game, and are ready to attack. They have become so sophisticated on their efforts to successfully intercept corporate funds, that by the time a company thinks they might be a victim, it’s far too late.
Topics: Security & Fraud, Business Banking, Commercial Banking, Treasury Management, Merchant Services, Payments
By: Dan Savage, Senior Vice President and Senior Trust Officer
and Cathy Durham, Shareholder, Capital Valuation Group
If you own a business, odds are that it is your single largest asset. This has profound, long-term implications for you and your family’s financial well-being.
Every business owner should develop a clear and accurate understanding of the value of his or her business. I often find myself discussing this topic with valuation expert Cathy Durham, a shareholder of Madison-based Capital Valuation Group.
Topics: Retirement, Financial Planning, Wealth Management, Business Valuation, Estate Planning, Succession Planning
By: Mark DeBiasio, Executive Vice President – Chief Financial Officer
Homebuyers and investment property buyers alike can take advantage of the winter doldrums to realize the biggest discounts on home prices. Based upon national sales data of single-family homes and condos from 2013 to 2017, there are 10 specific days that show the greatest home price discount.
Topics: Mortgage
Many parents worry about their ability to fund all or part of their children’s college experience…but what if someone else paid for college?
Below, our college financial planning experts share some other sources to explore for college funding besides your own pocket.
Topics: Financial Planning
By:Alyssa J. Chance, J.D., Vice President & Personal Trust Officer
Is 2019 the year? If so, congratulations! Whether your plan is to stop working cold-turkey or ease into retirement slowly, there are a few things that will help make the transition easier and more stress-free.
Topics: Wealth Management, Succession Planning
By: Kim Schaller, Card Services Officer
Topics: Credit Card