Archive for October, 2014

Tips for lending money to friends and family

October 31st, 2014 Scott Jamison

Lending money to family or friends can be difficult. While you want to help out loved ones, you’re worried about what type of impact this loan would have on your relationship and whether you’ll ever see the money again. While most financial advisors suggest only lending to family members or friends as a last resort, […]

Credit report

Common credit reporting acronyms and terms explained

October 17th, 2014 Angie Brown

Reviewing your credit report is a step in the right direction toward financial stability. A thorough check of your credit history can help you plan for future investments and develop a strategy to establish good credit. However, the alphabet soup present in credit reports can leave many people feeling confused and overwhelmed. To help you […]

Linder Tire Service

MidWestOne customer spotlight: Linder Tire Service

October 9th, 2014 madmin

Linder Tire Service has been a staple in the Iowa City community for more than 80 years. In the midst of the Great Depression, Henry Linder purchased a bankrupt tire business for $2,800. Through customer service, hard work and lots of dedicated employees he built a business that has since been passed to his son, […]

Charlie Funk

A note from Charlie – Oct. 9

October 9th, 2014 Charlie Funk

While October is known more for ghosts and goblins associated with trick or treating, there are other ghouls with whom we should become familiar: cybercriminals. According to a Norton Cybercrime Report, 378 million adults worldwide were victims of cybercrime in 2013. As cybercrime becomes more prevalent, it is important for users to take steps to […]

give money

How much can you give your kids tax-free?

October 3rd, 2014 Anna Moyers Stone

Many of our customers want to know how they can make financial gifts to other people during the year. Often this comes in the form of a quick phone call or a question on the street, “How much can I give my kid this year?” The quick answer, for 2014, is up to $14,000.00 per […]