Thanks to all of our customers and employees for helping to raise $1,000 in sponsorship of Adam Domino/Special Olympics! Adam once again braved the frigid temperatures for the Polar Plunge held at Sunnyvale Park. Way to go Adam! Together, we can make a difference!
Adam Domino is a Special Olympian who chooses to make a difference in our community by using his talents and tough skin! Adam has been plunging into our local Arctic waters for the past 13 years and, once again this year, Adam will be taking the plunge in Man Made Lake at Sunnyvale Park in Wausau. The plunge takes place on Saturday, February 22nd, 2014.
We are encouraging customers and local community members to stop in and donate at least $1.00 for a Polar Bear. All proceeds will go to Adam Domino and the Special Olympics Wisconsin-North Central Region. If you are unable to stop in at the bank, we are also accepting checks by mail, made payable to Special Olympics. Donations will be collected until February 20th, 2014.
Help us reach our goal of $1,000 because we’re Freezin’ for a Reason with Adam!
- The Polar Plunge is the largest fundraising event for Special Olympics Wisconsin-North Central Region.
- Raised funds benefit the programs, competitions and services that Special Olympics provides to more than 1,000 children and adults with intellectual disabilities in our community. Your business is making a difference in the lives of athletes right here in the Wausau area and Central Wisconsin.
- In 2013, 600 individuals took the Plunge, raising more than $115,000 for Special Olympics.
Most of us have shopped online without suffering negative consequences (other than maybe a larger-than-expected credit card bill!). With the holidays approaching, millions of us will be online, searching for and then buying those perfect gifts. That makes now a good time to talk about different ways that scammers try to take advantage of us, such as setting up fake websites or stealing our credit card information.
When selecting a website to purchase an item, be wary of online stores offering a price that is dramatically cheaper than anyone else. The reason they may be so cheap is because after you purchase your item, what you receive in the mail is a counterfeit or stolen item, or in some cases is simply never even shipped. Indicators of fraudulent websites include:
- There is no phone number to call for sales or support-related questions.
- The website domain name is different than the domain name it uses for email addresses or other contact information.
- The website uses poor grammar or spelling.
Click here to read more ways to be safe online.
We are providing advance notice of fee increases on a small number of services. These changes will take effect January 2014, and reflect real cost increases since 2010. Click here for the new rate sheet information.
EVERYDAY TIPS TO STAY SAFE ONLINE
Throughout National Cyber Security Awareness Month, we urge every American to help improve the nation’s cyber resilience and take the following simple steps to keep themselves, their identities, and their information safe online. For example:
- Set strong passwords, and don’t share them with anyone.
- Keep your operating system, browser, and other critical software optimized by installing updates.
- Maintain an open dialogue with your family, friends, and community about Internet safety.
- Limit the amount of personal information you post online, and use privacy settings to avoid sharing information widely.
- Be cautious about what you receive or read online – if it sounds too good to be true, it probably is.
Cybersecurity is a shared responsibility. Learn more about how you can do your part and what it takes to remain secure at www.dhs.gov/stopthinkconnect.
With a home equity loan, you will receive a lump sum up front, and then you will make regular monthly payments for a set period of time at a set interest rate, which provides a more structured loan.
With a HELOC, the rate is variable, and the monthly payment is based on the amount advanced on the line. As you repay funds borrowed against your line, they immediately become available again. You can use as much or as little as you want, which gives a HELOC more flexibility.
Basically both types of loans use your home’s equity as collateral for the loan. Both extend credit to a borrower up to a predetermined amount. Both can be used for home improvements, buying a car, consolidation of debt, college tuition, or unplanned expenses. What makes them different is how they are structured. With both types of loans, the interest you pay may be tax deductible. (Consult your tax advisor for specifics on tax deductions.)
As with any loan, there is risk involved. When using your home as collateral, there is a possibility of losing your home is you were to default on your loan. Please stop in or give us a call to learn more about home loans in Wausau, Weston, Schofield, Rothschild and surrounding areas.
On June 1st, Intercity State Bank once again participated as a sponsor in the 3rd annual 5K Marathon County Humane Society Walk/Run. The competitive walk/run benefits the pets and programs of the Marathon County Humane Society. Some of our staff even participated in the run/walk!
We believe, as a community bank, that involvement with a great cause like the Marathon County Humane Society is well worth our time and efforts. Stay tuned for our upcoming sponsorship events!
Forrest Goetsch Charities was established in memory of the Goetsch’s 14-year old son who died unexpectedly during warm-ups at cross-country practice on September 21, 2009. Because Forrest’s life here on earth had such a profound impact they wanted to celebrate his life and honor his memory in a permanent fashion. Forrest Goetsch Charities, an official 501 (c)(3) nonprofit organization, is dedicated to recognizing outstanding achievement in our communities by youth and or organizations who have helped others through difficult times or who have personally overcome challenges in their lives.
Every June, they host the Forrest Goetsch Run and several Intercity State Bank employees join other runners at the starting line. Participants have the option to run/walk either 2 miles or 5 miles for the benefit. All the proceeds go toward to the Forrest Goetsch charities to award outstanding achievement in the community by youth or organizations. Please join the fun and give back to the community!
WHEN: Saturday, June 22, 2013
REGISTRATION: Register Friday, June 21, from 5-8 at Dales Weston Lanes (or raceday from 6:30 a.m. to 8:30 a.m.)
FEES: $20 until May 19, $25 (on May 20-June 2), $30 (on June 3-race day)
RACE DAY SCHEDULE: 6:30-8:30 a.m. registration and packet pickup
8:45 a.m. pre-race instruction
9:00 a.m. race starts
For more information, please visit the official race website: http://www.forrestsrun.com/default.htm Hope to see you there!
Are you finding yourself unable to move forward with a construction or expansion project due to current market conditions and your appraisal comes in to low? Intercity has been able to assist with finding the additional capital, or gap financing available through Central Wisconsin Economic Development’s, (CWED), Revolving Loan Fund. This fund was formerly administered through Marathon County Development Corporation, or more commonly known as McDevco.
CWED offers very attractive rates, currently at 2% for 7 years for equipment purchases and 10 years for most real estate loans. There are some guidelines, as follows, for qualifying:
Eligibility and Guidelines
- McDevco loan funds may be used to finance acquisition of existing business, land, building, and equipment; working capital; or expansion projects.
- The interest rate is below market interest and term of loan is between 5 to 10 years, depending on use of funds.
- A minimum of 50% of the project cost must be funded by a private lender and at least 10% by personal equity.
- One full-time job is to be created for each $20,000 loaned.
- The business shall be obligated to maintain operations within the municipality for the term of the loan.
- Personal guaranties are required.
- Refinancing of existing debt is not eligible.
With these attractive rates and terms, your next project can get off the ground even with these difficult current market conditions. Intercity can help you with the application and loan presentation with McDevco, and will be right by your side through the entire process. Contact me, Sean Strahota, at 715-359-4231.
Intercity State Bank MasterCard Debit Cards may be used as either debit or credit, depending on consumer and merchant needs. Intercity State Bank does not charge a fee for using your debit card as either debit or credit.
Traditionally, debit cards withdrew funds directly from the consumer’s bank account, and credit cards allowed consumers to make purchases using borrowed money. Although this distinction still exists, some bank issued debit cards, such as your Intercity State Bank Master Debit Card, allow consumers to choose either debit or credit.
Your Intercity State Bank Debit Card will withdraw funds directly from your account whenever you use it. It does not matter if you choose debit or credit; funds will come directly from your checking account. This is different from traditional credit cards, which draw on funds from a line of credit that the consumer repays with a monthly bill. This is the primary difference between and credit card, and a debit card run as credit.
Some additional considerations include ease of use, fraud protection, and merchant fees. When you choose debit, you must enter your four digit pin number, whereas, when you choose credit, you simply sign for the purchase. Fraud protection is a primary aspect of Intercity State Bank’s mission statement to provide customers with excellent service. If you experience fraud on your Intercity State Bank MasterCard Debit Card, please call bookkeeping right away at 715-359-4231.
Some ATMs charge a fee, but there is no charge for Intercity State Bank customers using Intercity State Bank’s ATMs.
Overall, Intercity State Bank customers should choose credit when making purchases or buying fuel at the pump. Choosing credit is easier, and safer to use because no PIN number is required. Debit should only be used at an ATM, or when additional cash back is needed from the transaction.
Please feel free to contact the bookkeeping department at 715.359.4231 with any questions or concerns regarding your Intercity State Bank MasterCard Debit Card.