06/03/2019: Create a Plan for Student Loan Success

Student loan debt is a hot topic today, and with good reason. In 2006, U.S. student loan debt hovered around $600 billion; today, that number has skyrocketed to $1.5 trillion. By itself, that number isn’t a bad thing – it means more Americans are going to college. One in four Americans has student loan debt (an estimated 44.7 million people), carrying an average $37,172 in loans. However, the number of defaults is also approaching critical levels, with delinquency rates approaching 12%. The average monthly payment for student loans is nearly $400, but some graduates (or students who left school without graduating) have far higher payments.*

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05/06/2019: Join us for a Customer Appreciation Picnic!

You’re invited to Wolf River Community Bank’s Hortonville office on Friday, June 21st from 11am-2pm for
lunch on us! We truly appreciate having you as a customer and want to say “THANKS!”

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04/22/2019: Go Green with eStatements!

Did you know that Americans use more than 90 million short tons of paper and paperboard each year? According to Waste-Free Mail, that amounts to 700 pounds of paper products per person, per year. They also report that one-third of the fiber used to make paper in the U.S. comes from whole trees. In celebration of Earth Day this year, we are encouraging our customers to go paperless with eStatements! Add convenience, cut down on paper waste and keep your information more secure!

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04/15/2019: 4 Savings Strategies

The biggest misconception about saving money is that many people think it’s something you do at the end of the month with what you have left over after all of your expenses. The truth is, nobody ever has leftover money. There’s always something to spend it on. The better way to think about saving is as something you do first, before you spend anything. This is often called the “pay yourself first” method. Here are some strategies for paying yourself first to build up your savings.

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03/04/2019: Five Plans to Pay Down Debt

Have credit card debt? You’re not alone. According to analysis from NerdWallet, at the end of 2018 the average U.S. household owed just under $7,000 in revolving credit card debt (the balance carried from month to month). Unlike more benign debt like a mortgage—where you gain assets (equity in the house) as you pay off the debt—credit card debt is a drag on your finances with no benefit to you. With interest rates rising, now is the perfect time to make a plan for becoming debt-free. There are several strategies you can use to pay off your credit card debt in manageable increments. Here’s a look at five of the most effective options:

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