July 2013

In this Edition:

A Personal Financial Management Tool You Should Use

Using online websites to track savings and spending make it easier to stay on track.

Thousands of consumers have incorporated online personal financial management tools into their lives. While they have been around for years, only about 1 in 4 consumers are using some form of these tools.  Recent banking industry research indicates that among these consumers, personal financial management tools offer an immediate solution to those people who are:

  • Struggling to keep track of all of their expenses
  • Having trouble sticking to a budget
  • Looking for an easier way to manage accounts from multiple institutions
  • Dreading tax time because of the need to dig through stacks of financial records

Furthermore, a recent banking industry survey shows that only 1 in 4 financial institutions currently offers online personal finance management tools.  Fortunately for you, The Peoples Community Bank is one of these institutions offering this service.  And, we offer it to all customers at no cost.

As a community bank, our focus is you, our customer.  In recent years, many of you have requested to have more control over your spending, saving and budgeting - particularly given the challenging and ever-changing economic conditions since 2007.  Our desire to offer you a motivating approach to money management is the primary reason we decided to offer FinanceWorks™.

FinanceWorks™ offers you bank account management at your fingertips, and conveniently provides your complete financial picture in one location. You can get tips on how to manage your money, as well as budgeting tools to help you manage spending so that you can make better financial decisions.

FinanceWorks can help you:

  • Manage virtually all your bank accounts from one location
  • See all your expenses together to help you better manage spending
  • Categorize your spending; organize your expenses
  • Set up alerts & reminders
  • Track bills and payments to avoid late fees and help protect your credit score
  • Consolidate financial tasks to help get organized for taxes

In a survey of people who use such tools, 3 in 4 said they now have better control of their finances. Two in 5 said they are saving more money, and 1 in 5 said they are paying less in late fees.  So why wait?  Get started today and manage accounts from more than 16,000 financial institutions with a single log-in to your online banking account at The Peoples Community Bank.

*FinanceWorks is a registered trademark of Intuit, Inc.

More to Enjoy, Less to Pay

Locating Surcharge-Free ATMs Nearest to You

The MoneyPass network offers tens of thousands of surcharge-free ATMs coast to coast located where you live, work and travel.  To find one nearest you, visit www.moneypass.com and use the ATM locator tool.  This locator will help you find the most convenient ATM location to use your MoneyPass card surcharge-free.  Once on the site, you can also download the free ATM Locator App for Android and iPhone.  The mobile app allows you to find surcharge-free MoneyPass ATMs when you are away from your computer.  Simply Good Banking™

E-Alert Gift Card Winners Announced

Thank you for expressing continued interest in our e-news, fraud alerts, and periodic announcements. As part this program, we randomly selected 10 winners of a $50 VISA gift card for the first-half of 2013.  Congratulations to our 10 most recent winners of a $50 VISA gift card (as of June 30, 2013):

  • Robert E. Sutcliffe
  • Mariah Schmidt
  • Virginia Feist
  • Justin Anliker
  • Kristen M. Cummings
  • Davina Meckley
  • Peggy Bilse
  • David J. Marthe
  • Deborah Roberts
  • Roland M. Dyreson

The next eligibility period is June/July/August with a drawing on 8/31/13.  Winning names will be announced in the next newsletter (September 2013).  To be eligible for future drawings, simply subscribe to our free e-alerts program, and read more than 50% of our emails sent during that quarter.  Click here for more information.

The Peoples Community Bank Announces Scholarship Winners for 2013

We recently announced high school scholarship recipients for the Class of 2013.  These recipients were selected based upon academic merit, leadership, and community involvement.  Please join us in saying "congratulations" to the following recipients for 2013:

  • Laura Meinholz
  • Mackenzie Price
  • Mikkayla Kerska
  • Tayler Bowser
  • Zachary Kezer
  • Kehan Bomkamp

Candidates of these $500 scholarships must be graduating seniors that are non-relatives of any officer or director of The Peoples Community Bank and who are planning to attend a post-secondary program of study.  High school seniors wishing to apply for a scholarship from the bank are able to pick-up and return his/her application at their respective school guidance office.

The Peoples Community Bank Scholarship Fund was established with a mission to support the educational growth of talented, young leaders within the various communities served by the bank.  Each year, the Scholarship Fund awards in excess of $5,000 to qualifying students in southwestern Wisconsin.

A Low-Interest Loan Option for College Students

A college education can offer a number of long-term benefits and value.  For many students, however, paying for college in the short-term can present a challenge.  Even students who are eligible for guaranteed student loans and other financial aid still find themselves short of funds to cover the expense of higher education. 

With tuition bills right around the corner, The Peoples Community Bank offers college students access to low-interest student loans through Sallie Mae®.  The Sallie Mae Smart Option Student Loan is designed to give you the funds you need for school while also helping you with flexible repayment options, which can help you save on interest and keep your payments affordable.  The Smart Option Student Loan helps students save money, pay off their student loan faster and build credit. 

This loan offers both undergraduate and graduate students a number of benefits including:

  • A choice of competitive rates for undergraduate students.
  • Borrow up to 100% of your school-certified education costs (minimum $1,000).
  • Choose the repayment options including: deferred repayment, fixed repayment or interest-only.

To get started, you may apply conveniently on this page. For more information, you may also visit the following website.

New $100 Bill to Circulate in October

The Federal Reserve Board announced that it will begin circulating a redesigned $100 note on October 8, 2013. The new note includes new security features, such as a blue 3-D ribbon across the center of the bill, improving the note's resistance to counterfeiting.  The new design was unveiled in 2010, but its introduction has been delayed by production problems.


This newsletter does not constitute tax, legal, accounting or other professional advice. We attempt to be accurate, but neither we nor any other party shall be held liable for loss or damages resulting from reliance upon or use of this material. © 2013 The Peoples Community Bank