SNBT Welcomes New Vice President and Expands Treasury Management Services

 
Tifanie Tremble has joined SNBT as Vice President and Director of Treasury Management. With Tremble’s addition, the bank has made a commitment to expand its Treasury Management services. This expansion allows SNBT to offer an even higher level of service to help businesses streamline their finances. In addition, it will bring more robust products to assist businesses with managing cash and financial assets.

Rusch Promoted to Vice President/Manager of Trust Operations & CRM

Kelly Rusch has been promoted to Vice President/Manager of Trust Operations & CRM at The Stephenson National Bank & Trust (SNBT). Rusch is responsible for implementing, maintaining, and continuously improving the use and functionality of the bank’s CRM system, Salesforce, for bank teams. She manages vendors, software, taxes, statements, accounting, and does preparation for audits.

SNBT Donates $200,000 in Community Contributions

In a normal year, the holidays can be trying for many organizations. Though this year has been another test of resiliency, the holiday spirit is strong enough to bring people together. To celebrate this generosity, The Stephenson National Bank & Trust (SNBT) shared year end contributions with 84 local non-profit organizations.

SNBT Honored for Financial Literacy Achievements

For the 22nd year in a row, The Stephenson National Bank & Trust has earned the Certificate of Excellence in Financial Education Award from the Wisconsin Bankers Association (WBA). This award honors a bank-wide dedication to financial education during the 2020–2021 fiscal year. As a result of the pandemic, many bankers have come up with creative ways to advocate for the importance of financial literacy to consumers of all ages.

Holstrom Earns Bank Award for Outstanding Service

Kirsten Holstrom recently received the 2021 Mary L. Staudenmaier WINGS (Worthy Individual Noted for Generous Service) Award.  The award epitomizes Holstrom’s steady participation in public service for the community.

Think "Local First"

Helping our small businesses thrive can have a major impact on our community’s economic sustainability. Small businesses generate two out of every three new jobs in the U.S. and help keep families and neighborhoods healthy. Let’s start asking the question: How can we keep money in our community?

Mary L. Staudenmaier Named to WBA Leaders in Banking Excellence

Mary L. Staudenmaier, former bank President and Chairman of the Board at SNBT, was honored by the Wisconsin Bankers Association for her excellence in banking, community service, and civic involvement. A celebration was held on Friday, October 29 at the WBA headquarters in Madison, where a Leaders in Banking Excellence Wall installation displays a tribute to outstanding current and former bankers.

A Tax Reporting Proposal That Impacts You

We typically do not raise issues occurring in Washington with our customers or the public, but we want to inform you of proposed legislation that could significantly impact millions of families and small businesses.
 

3 Creative Ways to Build Savings

The savings account is such a simple tool that we often forget it’s value. It cushions the blow during emergencies, provides security when tomorrow is uncertain, and holds those precious, hard-earned dollars while you work towards a big purchase. Building up that savings nest egg is the tricky part. Let’s look at 3 ways you can put money away while barely noticing it’s gone.

Plan Now for Holiday Travel

Summer is over and autumn is in full swing, which means the holiday travel season is right around the corner. By planning your holiday travel now you can stretch your budget further than you think! Here are some cost-saving tips to keep in mind as you're planning your winter travel.

Mogensen Promoted to Vice President/Chief Credit Officer

Shelly Mogensen has been promoted to Vice President/Chief Credit Officer at The Stephenson National Bank & Trust (SNBT) and will serve on the Senior Management team. Mogensen is responsible for administering the bank’s loan policies and practices. She develops and recommends loan policies and credit risk review policies and procedures, identifies credit risk situations, and provides guidance to officers and management.

Overdraft Protection: Is it right for you?

Sometimes mistakes happen, which may cause you to overdraw your account. There are services to help protect you from paying major fees.

SNBT Voted Best Bank and Best Financial Planner

For the 11th year, The Stephenson National Bank & Trust has won the award for Best Bank from the EagleHerald Newspaper Readers’ Choice Survey! In addition to this honor, we have also been voted Best Financial Planner!

SNBT President To Serve As Officer on Bankers Association Board

Dan Peterson, president and CEO of The Stephenson National Bank & Trust in Marinette, will serve as the 2021–2022 chair-elect of the Wisconsin Bankers Association (WBA) Board of Directors.

Celebrating Power of Community Week

In an effort to celebrate the strong bond and relationship between local businesses, schools, and families and their hometown community bank, The Stephenson National Bank & Trust (SNBT) recognized the Power of Community Week April 19-24 during National Community Banking Month and National Financial Literacy and Capability Month.

SNBT Originates 50.5 Million in PPP Loans

The lending team worked tirelessly to make sure roughly 730 SBA loan applications, totaling $50.5 million, were originated and funded through both rounds of the Paycheck Protection Program. Through this program, SNBT was able to help support the jobs of roughly 8,000 local employees.

Getting Creative for Teach Children to Save Day

Learning never stops. Some skills, such as money management, will ALWAYS be essential, no matter the circumstances. Even with the school structure looking a bit different than years past, the staff at The Stephenson National Bank & Trust (SNBT) has continued to find creative ways to connect with the community for National Teach Children to Save Day.

5 Tips to Keep Your Debit Card Safe

Despite the convenience of Debit Cards, there is a risk of fraud or theft. In fact, it’s just as important to protect your Debit Card as you would protect cash, credit cards, and checks. To avoid becoming a victim of Debit Card fraud, consider these tips:

Let’s invest in something even bigger... each other

Our local economy is a giant circle. The circle starts when a person shops locally at grocers, hardware stores, or repair garages. In turn, those business owners, and their employees, patronize independent restaurants, clothing shops, and hair salons. The circle revolves and ultimately helps our communities prosper, eventually funding more city services through sales taxes.

Durow Promoted to Senior Vice President

Beth Durow has been promoted to Senior Vice President, Chief Financial Officer at The Stephenson National Bank & Trust (SNBT). 

Tips for Protecting Yourself Online

The internet is a powerful resource that we depend on everyday for shopping, banking, and connecting with friends. Yet, for all its advantages, it can also make you vulnerable to fraud, identity theft, and other scams. 

What's The Best Way To Save Money?

Creating a "rainy day fund" or building up savings is a top financial goal for many consumers, usually falling just below paying off debts in consumer polls. If increasing your short-term savings is on your financial to-do list, there are a few different options for you to consider. After all, not all savings accounts are the same. Here are a few to keep in mind:

Testimonials of SNBT Community Support

Each year, SNBT makes monetary donations to area non-profits. The number of year-end donation recipients for 2020 totaled 80 organizations and monetary contributions for the entire year totaled over $180,000. Below are a few personal stories from donation recipients describing how these funds will help them continue their mission in our communities.

Jeans for Greens at SNBT raises $5,000

Throughout 2020, SNBT employees have dressed down to raise money for local charities. The program is dubbed “Jeans for Greens” and it takes place on Fridays when SNBT employees make personal donations to local non-profits in exchange for wearing their favorite blue jeans. 

7 Tips for Improving Your Credit Score

An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history. The Stephenson National Bank & Trust suggests the following tips to improve your credit score.

Blunders Small Business Owners Often Make

Entrepreneurial ventures come well equipped with missteps, mishaps, and mistakes. No matter how prevalent your business is, you are bound to run into problems at some point.

Debit Card Tips You Should Know

Learn about debit card limits, the difference between PIN and Signature Based transactions and how to avoid overdrawing your account while using your ATM.

Increase Your Chances of Getting a Small Business Loan

A quick synopsis to help small business owners as you prepare to apply for a loan.

Overdraft Consideration Details

Overdraft Consideration (OC) is for consumers who inadvertently overdraw their checking account. Rather than automatically returning the item(s) unpaid for nonsufficient funds, we will consider payment of the item(s) that overdrew the account. OC is provided as a courtesy to consumer accounts in good standing and is not intended to be used on a regular basis.

SNBT Donates $7600 from Hometown Giving Back

“Hometown Giving Back” program turned a simple checking account into an effortless opportunity to help DAR Boys & Girls Club and Crivitz Youth, Inc. The concept resonated well with area residents; SNBT committed to donating a percentage of its own money based on the dollar amount in the Hometown Checking account. At the conclusion of the 2020, the Hometown Giving Back Program allowed SNBT to donate $7600, split evenly between the two youth organizations.

SNBT Community Leadership Award Honors Essential Healthcare Professionals

Ed Harding, President of Aurora Medical Center - Bay Area recently accepted the Community Leadership Award from The Stephenson National Bank & Trust (SNBT). Now in its second year, this award highlights one of SNBT’s Core Values: Community Leadership, and will be given annually to a person, a business, or a non-profit organization. 

Schwartz Earns Bank Award for Outstanding Service

Robert C. Schwartz recently received the 2020 Mary L. Staudenmaier WINGS (Worthy Individual Noted for Generous Service) Award. This award was named in honor of The Stephenson National Bank & Trust’s (SNBT) former-chairman and long-time president. The award epitomizes Schwartz’s steady participation in public service for the community.

Ten Strategic Retirement Savings Moves

74% of workers reported they plan to work during retirement

Why?  They have little or no retirement savings, and many workers continue to be unaware of how much they need to save for retirement. Only 42% reported they’ve tried to calculate how much money they will need saved by the time they retire.
– 2011 Retirement Confidence Survey by Employee Benefit Research Institute

Will You Outlive Your Retirement Savings?

It’s a fact – the average person spends 20 years in retirement.

This means retirement nest eggs must stretch longer  to sustain those years. Read on to learn how you can create sustainable retirement income and minimize the likelihood of becoming one of these statistics...