Our Two Cents

Our Two Cents is SNBT's blog, providing useful financial tips. At The Stephenson National Bank & Trust, we consider ourselves experts in the field of finance. Why not share our financial knowledge with the rest of the community? That is exactly what we are going to do. 'Our Two Cents' will allow you to learn useful techniques for saving or protecting your money. Every Monday we will share our lessons that make cents. Make sure to check back with us regularly!

Have a comment or suggestion? Contact Us and let us know what you think!





Woman using her iPad to do online banking.

Identity theft, and how to avoid it.

Woman's hand holding her phone to mobile bank.

How to talk to your kids about money, read more to find out.

A daughter and her older mother hugging and smiling.

Laptop on a table next to paper and receipts

A black wallet with debit and credit cards.


A photo of a desk, computer, and phone in an office.

Busting the Myths of Online & Mobile Banking

2.13.17  Personal Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
According to Pew Research, over half of all U.S. adults use online banking services. Are your concerns about online banking stopping you from joining in? 

7 Tips to Avoid Tax ID Fraud

2.6.17 | Security Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust

As the 2017 tax season gets underway, it is important take extra precaution when filing your return to prevent exposure to tax fraud. To help prevent tax ID fraud, read these tips. 

eStatements Provide Solutions

1.30.17  Personal Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Receiving bank and investment account statements and other documents online instead of in the mail can have benefits —including convenience, less clutter, and less garbage. 


How to Talk to Your Kids About Money 

1.23.17  Personal Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
How soon is too soon to talk to your kids or grand kids about money? If they are old enough to ask for a toy or a bike, they are old enough to start learning financial lessons that will last a lifetime.

Understanding Your Role as a Financial Caregiver

1.16.17 | Retirement Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
According to the Caregiver Action Network, more than 90 million Americans care for a loved one living with a disability, disease, or experiencing reduced financial capability as a result of aging.

How to Create a Budget

1.3.17  Personal Tips | SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
The holiday season is over and it’s time to get your finances back under control. Now is an important time– more than ever –to develop a budget and stick to it.

Resolutions for Your Wallet

1.3.17  Personal Tips  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Every year, people around the world make financial New Year's resolutions in January and give up on them by Valentine's Day. According to a recent survey, the top three financial resolutions are: 1) Save more, spend less; 2) Pay down debt; and 3) Increase my income.

5 Ways to Protect Your Small Business from Account Fraud

12.19.16 | Business Security Tips  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  
Corporate account takeover is a type of fraud where thieves gain access to a business’ finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable. Here are tips to keep your small business safe.
A man holding a blue debit card.  

4 Easy Ways to Avoid Overdraft Charges

12.12.16 Personal Tips  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Sometimes mistakes happen. It is easy to lose track of your expenses when you aren’t constantly monitoring your account. But when your next purchase causes your checking account to drop below zero, it may cost you more than you were anticipating.
Woman calculating finances from her online banking account.

Holiday Budgeting Tools You Need to Know 

12.5.16 | Finance Tips  |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
'Tis the season for holiday shopping. We understand that the gifts, family meals and decorations all put a strain on your wallet. Creating a holiday budget and sticking to it can help keep you on track. Here are some budgeting tips for the busiest shopping season of the year.

A monthly planner can help track and budget your finances.

Bi-weekly or Monthly Payments, Which Best Fits You?

11.28.16 | Finance Tips  |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Everyone is familiar with monthly mortgage payments. But what if there was a way to shorten the years of your loan payments, would you be interested? 

Woman shops online through her mobile phone.

Money Safety Tips for the Holiday Shopping Season

11.21.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Scams, fraud and data hacks abound during peak shopping season. However, you can fight back against the criminals who may try to steal your identity and money with a few precautions and common sense.

3 Tips to Raise Your Credit Score and Keep it High

11.14.16  |  Finance Tips     |     SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Your credit score affects many aspects of your life, including making large purchases, obtaining loans, renting an apartment and even applying for a job! Do you know your current credit score? 

Is a Joint Bank Account Right for You?

11.7.16  |  Personal Tips    |     SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Joint bank accounts are often viewed as an easy way to give financial caregivers the ability to manage money on behalf of older adults. In some cases, they are used so the co-signee inherits the funds upon death of the primary account holder.

A family on their recreational property.

5 Ways to Use Your Requity

10.31.16 | Personal Tips  |   SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Using your secondary home as collateral is a convenient way to access a large sum of money. If locating the money is the easy part, then choosing how to spend that cash is the difficult part. 

College boy on campus, using his phone to do his banking.

8 Banking Tips Millennials Need to Know

10.24.16 | Personal Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust

Millennials are connected to social media, but are they connected to their bank? Today's technology and innovation makes it easy to for consumers to stay connected to their bank without physically visiting the location. Here are some tips for millennials to stay connected to the right bank for them. 


4 Security tips for using mobile check deposit

4 Security Tips for Mobile Check Deposits

10.17.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
Start by taking photos - and taking precautions. At an increasing number of banks, consumers can use a smartphone or tablet to deposit a check into their account from anywhere they can access their account remotely.



.

SNBT supplies tips for protecting your identity online.

7 Tips for Protecting Yourself Online

10.3.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Though the internet has many advantages, it can also make users vulnerable to fraud, identity theft and other scams. According to Symantec, 12 adults become a victim of cyber crime every second.  


ABA's preferred banking method survey, made into an infographic.

Which Method of Banking is the Most Popular?

9.26.16 | Personal Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

More than half of Americans manage their bank accounts online more often then any other method, according to a recent survey done by the American Bankers Association. 

12 tips to Secure your mobile device.

12 Tips to Secure Your Mobile Device

9.19.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

As consumer use of mobile devices continues to climb, cyber criminals are targeting those gadgets more frequently. Here are 12 things you can do to protect the data on your mobile device. Number 8 might surprise you! 

ATM skimming is a common trick hackers use.

ATM Skimming - Tips to Avoid Becoming a Victim 

9.12.16 | Consumer Alerts |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust

Many consumers know the basics of protecting themselves from identity theft, a common financial scam. They shred documents with sensitive information, check their credit scores and protect their social security numbers. However, many consumers are unaware of another common financial scam that can severely impact their bank accounts: ATM skimming. 


Protect your computer with these three ways to secure your information.

3 Ways to Secure your Online Information

9.12.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust
There's no question that the Internet makes life easier in many ways. Shopping, communicating and storing information are just a few of the ways we all use the web. However, it also comes with risks. To keep your financial information safe online, follow these tips.

Students attending college these days have a lot on their mind, and let’s face it, identity theft probably isn’t one of them.

Are College Students Risking Their and Parents' Identity?

8.29.16 | Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust

Students attending college these days have a lot on their mind, and let’s face it, identity theft probably isn’t one of them. Preparing your children with the proper precautions is vital to preventing identity theft. 


You can't begin to get a handle on your finances until you know how much money you make and how much money you spend, and on what. Take a month to chart your finances, and get organized. Tally every expense, and then break them down into fixed and variable expenses.

Ways to Make Financial Dieting a Habit

8.22.16 | Personal Savings Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Consumers can get blue over their lack of green, especially when bills arrive. A budget, or financial diet, can help improve your financial health. Similar to watching one's weight, a financial diet provides a system to become more money conscious. 

Find money in the most unexpected places - saving is essential.

Savings ABC

8.15.16 | Personal Savings Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

It's no secret that many households are pinching pennies these days. There are two ways to save: ‘spend less’ and ‘save first.’ The first way, you ‘spend less’ on what you buy, then put money left over in savings. The second way, you set aside the money for savings before spending anything. 

Use Your CD to Stretch Your Dollars

8.8.16 | Personal Savings Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Did you know that you can use your Certificate of Deposit (CD) as collateral to secure a loan? This is a little-known, and under-utilized option that can be used to make a purchase. It is also an excellent way for people with little or no credit history to establish credit or improve a low credit score. 

Business man standing

Business Account Security

8.1.16 | Business Security Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Protecting your business is the most effective way of controlling corporate account takeover. According to recent reports, an overwhelming majority of attacks were not considered difficult to undertake because the targets were found to possess an exploitable weakness, not because they were pre-identified for the attack. 

safe holiday shopping is important

Don't Be A Target For Holiday Hoaxes

11.9.15 | Consumer Alerts |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

The hustle and bustle of the holidays are upon us and that means additional shopping, spending and traveling for many of us. Unfortunately, these increased transactions are a golden opportunity for scammers.  

Use your SNBT Debit Card to shop safely

Go Local this Holiday Shopping Season

11.2.15 | Personal Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

The shopping season gives consumers an opportunity to voice their values and support their communities. When you buy from local gift shops, clothing stores, or hardware stores, you are investing in those small businesses and the health of your community. 

A woman holding a piggy bank

When is the best time to start saving?

9.21.15 | Retirement Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

There is no better time to start saving than now – Don’t Wait! It’s so easy to let other financial obligations (cars, homes, college education for the kids) take priority over funding your retirement. It seems so far away, yet it’s critical to get an early start on your planning.

save for your retirement and their future.

Resolve to Save for Retirement

9.7.15 | Retirement Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Make a complimentary appointment with a Retirement Expert. The sooner you can develop a comprehensive retirement plan, the sooner you can relax knowing you have a trusted advisor who will monitor it and ensure it is on track with your goals. 

Save as a family with options from The Stephenson National Bank & Trust

All About IRAs

8.21.15 | Retirement Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

An individual retirement arrangement (IRA) is a personal retirement savings plan that offers specific tax benefits. In fact, IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you should also consider investing in an IRA.  

vision of the perfect retirement to a tropical island, free from care and worry

What can The Retirement Experts do for me?

5.15.15 | Retirement Tips |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

What’s your vision of retirement? Our goal is to help you achieve that vision, whether you plan to travel more or to relax more, you’ll need specific guidance from a knowledgeable retirement professional. 

added picture to press release page

2015 Annual Report

1.30.15 | Our Story |  SNBT has a Facebook! Like us @SNBTbank SNBT is on LinkedIn! Connect with The Stephenson National Bank & Trust  

Growth and change are two hallmarks of 2015 for SNBT. Growth, not only in terms of assets and profitability, but in the size of our SNBT family, as an entire year has passed since our successful merger. This union could not have been achieved without your support – and for that we say “Thank You for Banking Locally”.