Archive for the ‘On Your Own’ Category

Charlie Funk

A note from Charlie – April 10

April 10th, 2014 Charlie Funk

While the Great Recession of 2008-09 is clearly in the rear view mirror, there were many lessons that we all learned, sometimes painfully.  It is always amusing to me when I hear persons say “this caused the recession” or “that caused the recession.”  Most observers agree that there were many things that led to this […]

Credit Card 150 150

The pros and cons of credit cards

April 4th, 2014 Kara Sabo

Credit cards can be very convenient and useful, but they can also lead to stressful financial situations. That’s why it’s helpful and financially smart to understand the pros and cons of credit cards. Here are the main advantages and disadvantages you’ll want to know about. Pros 1. Convenience. Credit cards can often make purchases quicker […]

Charlie Funk

A note from Charlie – March 6, 2014

March 6th, 2014 Charlie Funk

It was a scene that, unfortunately, has been repeated too many times over the past six years. It began innocently enough … While vacationing in Palm Desert, California, my wife and I decided to attend church services at a familiar church on Saturday night. We arrived about five minutes early and the couple sitting in […]

tax image

10 timely tax time tips

February 14th, 2014 Mike Shinn

The income tax filing season has begun, and important tax documents should be arriving in your mailbox. Although your return is not due until April 15, you can make tax time easier on yourself with an early start. Here are 10 tips to help ensure a smooth tax-filing process. 1. Create a system for organizing […]

Charlie Funk

A note from Charlie

February 6th, 2014 Charlie Funk

Sometime during my first job in banking in the early 1980s, my wise boss offered me a piece of good advice. He said that everyone (repeat: “everyone”) should have at least three months of their salary sitting in a savings account for emergency purposes. He went on to say that “I prefer six months, but […]

Charlie Funk

A note from Charlie

January 9th, 2014 Charlie Funk

MidWestOne Bank has a rich heritage dating back to its founding in 1934 during the depths of the Great Depression. Our founder, Ben S. Summerwill, started the bank – Iowa State Bank & Trust at that time – with a simple mission statement to “take good care of our customers.”  That mission statement remains in […]

Couple unhappy

Can’t make mortgage payments? Now what?

December 27th, 2013 Cindy Lynch

The prospect of losing your home because you’re having a hard time making your mortgage payment can be terrifying. Maybe you’re having a hard time making ends meet because you or a family member lost their job. Or perhaps there was an unexpected medical expense that is taking a toll on your finances. Whatever the […]

couple give gift

7 ways to avoid overspending this holiday season

December 13th, 2013 Cindi Schrock

According to Deloitte’s 2013 Annual Holiday Survey, there has been a rise in confidence among Americans when it comes to the economy, household finances and job security. This more positive outlook is leading to higher than expected gift buying and holiday spending this season. Total holiday spending is expected to increase 12 percent over 2012. […]

Professional woman

How to become the CFO of your life

November 22nd, 2013 Carol Petersen

Why is it so hard for some of us to manage our finances? Perhaps, if we started thinking of ourselves as the Chief Financial Officer (CFO) of our household, we would begin looking at money management as more of a challenge than an obligation. Pretend for a moment that your household is a business. Is […]

ID theft 150 150

Steps to take if you are a victim of identity fraud

November 1st, 2013 Philip Bohle

Discovering that your identity has been stolen is a scary prospect that can leave many people unsure of what to do next. Take charge of the situation and take the following steps as soon as possible: 1. Call your bank and credit card issuers immediately so they can close your accounts. Whether your wallet has […]

Page 1 of 912345...Last »