Plan For Life’s Biggest Moments

We’ve organized our accounts and features by life’s financial responsibilities.

Going To College

Get the money you need to reach your higher education goals. After considering all your federal loans, scholarships and grants you may still have a gap you need to cover your total college costs.

The St. Henry Bank has partnered with College Ave Student Loans to provide a simple application and a personalized loan experience for undergraduates, graduates and parents.

• Build a repayment plan that fits your budget
• Easy online application – instant credit decision
• No origination or prepayment fees

Applying with a cosigner may help you qualify for the loan and possibly receive a lower interest rate.

Buying A Home

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.

Investing In Adventures

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.

Retirement

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.

Start-up + Staffing

It takes a lot of planning to make a dream business a success. We can provide the financial confidence you need to take the first step. Connect with our Everyday Business Team to structure your accounts, services, and loans so you can stay focused on your passion.

Managing Growth

It’s never too early to start devising a plan and preserving the success you have worked so hard to achieve. Talk with our Lending Team today for business loan opportunities and services right for you.

Succession Planning + Retirement

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 our Lending Team today to start planning your future.

Operating + Expanding Your Farming Operation

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.