Alpine Bank Wealth Management Tops $1 Billion
February 20, 2020
Alpine Bank Wealth Management (ABWM) has started the new year by surpassing $1 billion in assets managed for clients for the first time in its history as a division of the bank. “To our clients we say thank you for placing their trust in us,” said Tim Kenczewicz, president of Alpine Bank Wealth Management. “Our …
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SBA Expands HUBZone Opportunities to Small Businesses
February 20, 2020
The United States Small Business Administration (SBA) recently issued a final rule to implement changes to its Historically Underutilized Business Zone (HUBZone) program. The changes are designed to attract small businesses and encourage them to invest in these economically distressed communities that make up the HUBZones. This includes hiring residents from within the HUBZones. According …
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Things to Consider Before Starting a Family
February 20, 2020
Starting a family changes every aspect of your life, particularly your finances. When it comes to family planning, financial planning should be a large part of the equation–whether you are still thinking about starting a family, or if a baby is already on the way. The cost of raising a child born in 2015 to age …
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Q & A with Matt Michalski, Vice President, Alpine Bank Wealth Management
January 22, 2020
Matt Michalski, VP, Wealth Management Q. Why is saving for retirement early important? A. By the age of 32, two out three young professionals haven’t started saving for retirement. The reasons vary from student loan debt, not finding that first good job out of college, or starting salaries aren’t always the greatest. Further, attitudes toward retirement …
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Telemarketing Fraud
January 22, 2020
Telemarketing scammers are relentless in pursuit of your money. With consumer losses estimated at nearly $500 million a year, scammers are applying all means of technology at their disposal to trick victims into opening their wallets. Very often victims are targeted based on information scammers pick up through social media or identity theft. The number …
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Tax Preparation
January 22, 2020
When the calendar shows January, it means a new year and a clean slate –the time for setting goals and making resolutions. It is also the time to start preparing your 2019 taxes. While it’s pretty much a given that nobody enjoys doing their taxes, the earlier you begin preparing, the better off you …
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Add to Savings or Pay Off Debt?
January 22, 2020
The importance of saving for retirement cannot be overstated. In an ideal world, everyone would have more than enough money to sock away some each month to ensure that they can maintain their lifestyle, once they are no longer working. In reality, however, life just isn’t that simple. After paying for day-to-day living expenses, most …
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SBA Says Its Lending Shows Strong Economy
December 16, 2019
Recent small-business lending has been reflecting strong economic trends, according to the United States Small Business Administration (SBA), which announced its FY19 lending numbers. They show that the SBA guaranteed over $28 billion to entrepreneurs who otherwise may not have had access to capital to start or expand their businesses. Acting SBA Administrator Chris Pilkerton …
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Be On Guard for Cash App Fraud
December 16, 2019
Unfortunately, new technology also means new opportunities for fraud. Cash apps, such as Venmo, Facebook Pay and PayPal are becoming more ubiquitous. Because these apps link directly to your bank or credit card accounts, they have also become a top target for scammers. Cash app technology opens up several new avenues for scammers who understand …
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Your Budget For 2020
December 16, 2019
From getting into shape, to eating better and other self-help goals, there is no shortage of resolutions that people make each year–and that includes saving money. Despite the best intentions, most resolutions are abandoned and forgotten by the time February rolls around, largely because people don’t take steps to ensure they can reach their goals. …
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