A Message from the President
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Joe Peikert, President & CEO
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With high-school and college basketball tournament time upon us, I was reflecting on how those who like to follow sports differ in how they like to do so. For some, nothing compares to taking in a game in person. It might be the noise of the crowd, smell of the popcorn or shrill of the whistle that draws them to go to the game. For others, the best place to take in a game might be at a sports bar with a group of friends where one can keep track of multiple games at a time on the big screens while the table seems to have an endless supply of pizza and wings. Still others prefer to watch from the comfort of their own home where they can really concentrate on the game and there are not lines for food. Personally, I will be pulling for the local teams and catch the results in the headlines post-game.
So you might be asking, “What’s the point?” Our bank offers the ability to do business with us by whatever means you like. If you want to bank from home we have online banking or telephone banking available. Are you “out and about” shopping or taking in a basketball game? With our mobile banking app you can check balances, make transfers, etc. wherever you have your cellphone. Prefer the “live” experience? We LOVE seeing our customers who like to do business face to face at any one of our four offices.
The point is that at Wolf River Community Bank you have many choices on how to do your banking. And we are always looking at additional ways to make banking easy and take care of your business. Some of our new ways to make banking easier are featured in this newsletter. A new checking account line up will simplify accounts making it easier to choose the right account for you. We have some new debit card features that will make it easier to change settings on your card and set-up or make changes to your pin. And Apple Pay® is coming soon providing another alternative to make payments at merchants where Apple Pay® is accepted.
Given the very dramatic fluctuations in the economy the past week, I’ll offer a few words of personal perspective. The first two months or so of 2020 have shown us highs and lows. A few weeks ago US stock markets hit record highs. This was very quickly reversed in the matter of a about a week with dramatic drops in stocks. Interest rates which had been rather low already have dropped significantly to record lows. There are a number of both national and international items that have impacted this. I’d just point out that ups and downs in the business cycle are normal. We should expect them. Our current run of the bull (increasing) market has been a rather long one. Should we be at the end of a bull market, remember that any resulting economic downturn will also be finite. My thoughts are that it’s best to keep calm and stick to the basics.
Have a terrific spring!
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Joe Ackerman and our commercial lending team was honored to help Dr. Ben Reineking of Aascend Chiropractic purchase the second half of his building. Check out the video!
"I love working with local business owners. They're hardworking people that I see from day-to-day in our communities." says Joe Ackerman. "They're providing goods and services, just like I do, to help make our lives easier. Congrats to Dr. Ben and his team on the purchase of their building. I have no doubt he and Aascend will have a successful road ahead."
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On March 16th, we'll be rolling out a
new
, simplified suite of checking accounts! Don't worry... you won't need to move into a new account right away, but we invite you to check out the benefits of our new account options and our Smart Move automatic savings program!
If you're interested in transferring your current account to one of our new options, just give us a call!
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Save Automatically with our Smart Move Savings Program!
With any of our new checking accounts, you have the option to add our Smart Move automatic savings option which rounds each debit card transaction to the nearest whole dollar and deposits the change into your WRCB savings or Money Market account!
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Joe emceed the WBA's Bank Executives Conference in February
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The Wisconsin Bankers Association (WBA) Nominating Committee selected Joe Peikert, President of Wolf River Community Bank, to fill an unexpired term on a Board seat along with his nomination to become a WBA Officer. His leadership and dedication to the banking industry and support of the Wisconsin Bankers Association will benefit the community banks throughout Wisconsin.
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Need to Set or Change your Debit Card PIN?
All it takes is one easy phone call!
Call Shazam Easy PIN: 1-800-717-4923 (follow the prompts)
- For security purposes, you must call from the primary phone number on record with the bank. If you need to update your phone number on record, give us a call.
- Enter your card number.
- Enter the last 4 digits of your social security number.
- Enter the expiration date of your card.
- You’ll receive confirmation that your card has been activated. Press “1” to choose or change your PIN.
- Enter your 4-digit PIN, then re-enter your PIN for verification.
- You will receive a confirmation number and will be able to use your new PIN going forward.
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Irishfest T-Shirt Giveaway
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LOCATION
Wolf River Community Bank, 1008 N. Shawano St., New London
DATE AND TIME
03/13/20
4:00pm -
03/13/20
5:00pm
Visit our New London branch from 4-5pm on March 13th during 92.3 Frog Country's live remote for their annual Irishfest T-Shirt Giveaway!
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Apple Pay
®
Coming Soon!
Apple Pay is easy and works with the Apple devices you use every day. You can make secure purchases in stores, in apps, and on the web. And you can send and receive money from friends and family right in Messages. Apple Pay is even simpler than using your physical card.
Stay tuned for more updates on Apple Pay
®
!
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The bank had a successful first season of Half Court Shot Contests at select varsity girls' and boys' basketball games in Hortonville, New London and Shiocton! At 12 games throughout the season, sports fans were able to take a ticket with the chance to be randomly selected to try either a Half Court Shot or a free throw during halftime.
If a half court shot was made, the contestant and the hosting school would both receive $500 and if a free throw was made, the contestant and the hosting school would get $50 each. Out of 12 games, there were 8 half court shots and 4 free throws attempted, with a lot of close calls, but only one half court shot winner in Shiocton. At the girls' varsity game on December 20th, Rob Hendrickson sunk a half court shot with ease. He walked away with a $500 check right before Christmas.
This contest followed Wolf River Community Bank's Field Goal Contest during the varsity football season. The bank hopes to continue these contests annually as a way to not only give back to the schools in our communities, but to provide a little extra fun at local high school games!
We can't help you make your shot, but we CAN help you reach your financial goals!
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Protect Your Debit Card with SHAZAM BOLT$
SHAZAM BOLT$ is a free mobile app that helps you protect your debit card by sending you alerts when your card is used so you can detect unauthorized or fraudulent activity on your account. You can also check your balance anytime, set travel notices, turn your card off and on and find nearby ATMs.
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From left to right (top row):
Jason Bloxham, WRCB Exec. VP - Chief Lending Officer; Dr. Brenden Kiger, Kiger Steffes Chiropractic, S.C.; Joe Peikert, WRCB President & CEO; Ed Heyes, Retired, RBC Wealth Management; Kristopher Carew, New London Building Supply
(bottom row):
Robert Sorenson, Menn Law Office; Roger Retzlaff, R&B Roofing; Dr. Clint Dunathan, Retired, Smiles by Design
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