- Life Banking
- Business Planning
Getting a good education includes knowing how to manage financial choices. Our personal banking advisors can help you with everything you need to embark on your first big adventure including the financial support you need for a seamless transition from one phase of life to the next. Dreaming about studying abroad? Call us and we’ll help turn your dream into an experience.
You’ve watched the DIY shows for years. Driven by that house on the corner with character, you’re ready to make it yours! We understand that financial stability ensures a house becomes your dream home. Our banking advisors can help you navigate the home ownership process with excitement and ease.
Ready for a new adventure? Before you purchase a vacation home to escape the northern chill or a rental property for additional income, consider the following questions proposed by US News. For rental property, focus on the distance between both of your home and investment space. Would the distance require hiring help or doing it yourself with Airbnb services? If you’re utilizing Airbnb, will you handle all the advertising and photography of your space? How will you accept payment? Paypal? Square? Venmo? Consider technology upgrades such as security alarms and keyless (code) entry systems. For vacation property, consider the market – according to Realtor.com and the National Association of Realtors, vacation home sales have declined while rental properties are outnumbering sales by a large margin.
Congratulations! You’ve retired!
Take the first steps into the next phase of your life. Talking with our Everyday Busy Team can inspire you to tackle those lingering projects or embrace your bucket list. We can help manage your wealth, establish direct deposit for social security checks, transfer account ownerships, review US Savings Bonds (online assistance offered), and consolidate accounts opened throughout the years into an everyday, easy, manageable account.
Succession planning will be one of your hardest decisions when it comes to your business. You may be overwhelmed with questions like, “Who will continue my business for the years to come?” or “When is the right time to start thinking or writing a plan?” All succession experts agree the best time to draft your plan is today! The sooner you have a plan, the easier it will be to consider and select a successor. Another great piece of advice from experts suggest having a Power of Attorney – a trusted individual to act on your behalf and ensure your wishes are carried out accordingly during times of incapacitation. If you’re still asking yourself, “How do I select the right candidate?,” consider reading “Succession Planning: How Everyone Does It Wrong,” published by Forbes. The article recommends that CEO successors must have a supportive team of employees, wise and accessible mentors, a feedback-encouraged environment, and sufficient time for onboarding. Talk with Chad Guggenbiller today to start planning your future.
A lot of hard work goes into maintaining the family farm operation. Connect with our Everyday Busy Team for an operating line of credit, machinery purchase or an expansion to your current operation. Talk with any of our lenders for agricultural loan opportunities and services right for you.
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