F&M Bank Fall 2011 Newsletter

8/4/2019 F&M Bank Fall 2011 Newsletter

http://slidepdf.com/reader/full/fm-bank-fall-2011-newsletter 1/4

Autism’s challenges are daunting or the children

ho ace them every day. Tey struggle to dealth the day-to-day activities most people take oranted like washing hands be ore a meal, movingom one location to another, or a amily outinga store or restaurant. Learning to handle eachuation takes hard work on the part o the child,eir amily, and a community.Shine-A-Light On Autism is a local groupganized by Marlene and Macy Rodenbaugh,hose son Jack deals with the e ects o autism.organization, which is seeking non-pro ttus, is a great way to raise awareness abouttism, a condition that is a ecting more andore children. Te group also raises unds or

hool district educational programs and otherorts, such as the Right o Play all accessayground. Tis playground would bene t allildren, but especially those with special needs.“Tere’s nothing we won’t do or special needsds. My heart melts or these kids. You nevern do enough,” Marlene Rodenbaugh said.organization is “God’s way o setting up anportunity that allows the community to be parthelping these kids, too.”

Shine-A-Light On Autism promotes un, amily-oriented, community activities that encourage

tness, which is a natural plat orm orRodenbaugh, who is the wellness director at theHannibal YMCA. Earlier this month the grouphosted its second Shine-A-Light On AutismChallenge, which requires participants to takeon the daunting steps between Hannibal’s omand Huck statue and the lighthouse perched onthe blu above. Each step o the near verticalclimb represents the challenges children withautism and other special needs deal with just toget through each day.

Shine-A-Light On Autism is something thatF&M Bank believes in. Bank President, StevensPlowman volunteered at the Challenge lastyear and the bank o ers its acilities or othermajor Shine-A-Light on Autism undraisers.Tis includes providing parking in the bank’s

downtown lot during National om SawyerDays. All the unds raised over those our daysare used to bene t local special needs kids.Rodenbaugh said the bank’s support has beenphenomenal. She reiterated that all proceeds

rom any undraiser or donations go directly tobene t the children who need it.

“I want to have un with my kid. Tat’swhat every parent wants,” Rodenbaugh said.She notes there are ew recreational activities

amilies with autistic children can be parto . O ten these children can’t control their

rustration with the world they live in. Terecan be outbursts that are o ten rowned upon

by those who don’t understand the situation.“You don’t want to have to explain. Peopledon’t realize … normal living skills become achallenge,” Rodenbaugh said. “Unless you live intheir world, you don’t understand.”

For more in ormation about Shine-A-LightOn Autism, go to the group’s website atwww.shinealightonautism.com . You can alsocontact Marlene at (573) 406-4059 or bye-mail at [email protected].

Hannibal, MO505 Broadway

3912 Market StreetHighway 61 North

Account Information 1.800.606.6414MO Toll Free 1.877.221.6424

www.bankfm.com

Monroe City, MOO’Fallon, MO

Palmyra, MOShelbina, MO

Springfield, MOSt. Louis, MO

Quincy, IL

Quarterly Newsletter

Fall 2011volume 5| issue 1

Business Spotlight:Shine-A-Light on Autism

New Service:e-Business Deposit

Hard Choices Will Have tbe Made

Your Money Matters:Living Trusts MadePractical

New Loan Department Team Leader

Benefits of a CorporateWellness Program

St. Louis Branch Announces New Senior Vice President

Shine-A-Light On Autism

Business Spotlight



What is F &M e-Business Deposit?

In its most simple terms, this is a service which allowsou, the business customer, to scan checks and transmithe scanned images to the bank or posting and clearing.

All o this is done rom the com ort and security o yourwn ofce. Te basic requirements or this service currentlynclude a PC, an internet connection, and a check scanner.

Checks you receive at your business location can be scannedo create a digital deposit. Tis digital deposit is thenansmitted over an encrypted internet connection to

he bank. We then accept the deposit, post the deposit toour account, and then assign availability based upon yourvailability schedule.

E-Business Deposit o ten has di erent names dependingpon how the service is applied within a particularnvironment. Tese names include “Corporate Capture,”Merchant Capture,” “Image Deposits,” “Image Cashetters,” etc. In general, we see the term “Remote Deposit

Capture” being increasingly used as the catch-all phrase or aamily o related products and services. Each o these serviceamily members are related in one common way: It allowsor checks to be truncated and then cleared electronically.

F&M e-Business Deposit

From Te President: Hard Choices Will Have o Be Made By Stevens Plowman, President/CEO

I have been lending money to credit worthy borrowers orabout 30 years. I have never extended unsecured credit to anyoneknowing they were going to take that money and make interestpayments to another lender. Tat in and o itsel , in my humbleopinion, is not an AAA credit worthy borrower.

I you walk in the doors o F&M Bank and have to borrowmoney to make payments on other loans, you are defnitely not ahigh-quality credit worthy customer.

We now have a national total ederal public debt o over $14rillion, and by most measurements that is 90% o our total Gross

Domestic Product (GDP). O that debt some 50% is owned byoreign interest. It is not the actual numbers that are so scary - it is

the trend o those numbers. en years ago the total public debt was58% o our GDP.

We have not yet reached the fnancial abyss. Even with theminimum action Congress took to raise the debt ceiling we are stillmoving toward national bankruptcy. At this rate it is probably tenor more years out there.

But fnancial disaster is much closer than all those smartpeople in Washington DC realize. Financial confdences that can

Why take advantage of this new program? One o the biggest advantages o this program is the elimination o the

or the checks to be transported to the bank or deposit. You can make thecheck deposits rom your ofce saving uel costs and time.

In addition, the daily cuto time or making a deposit is extended. Tenormal cuto or making a deposit at the bank is 4:00 pm. With e-BusinesDeposit, you can deposit checks until 6:00 pm. Tis in turn can give you

aster availability to your unds! Tis program is especially bene cial to thcustomers that utilize the night depository to make deposits. In many casesthis gives you access to your unds a day sooner than making a night depo

What equipment do I need? Costs? You simply need a PC, Internet Connection, and a check scanner. Te ban

will purchase the scanner on your behal and pass the cost on to you (normbetween $150 and $500 depending on the scanner speed). Tere are no othercosts or the rst year, a ter that the cost is $50 per month. A bank employwill visit your ofce, setup the equipment, and train your sta . All o this catake as little as 2 weeks.

How do I get started or get more information? You can simply call Carl Watson at 573-221-6425 x 380 or email him

[email protected] get started.

take a li etime to build can be lost overnight. As a nation,we do not have to reach actual fnancial bankruptcy to putour nation in jeopardy. I we lose the confdences o theworld and they stop buying our US reasury debt, we canhave fnancial run on our debt immediately. Remember

oreign interests currently own 50% o our debt.I don’t know the answer, but in a nation where no

vested group o our population wants to make a sacrifceand only wants a di erent vested group o our populationto make a sacrifce, there will be no happy ending. I doknow we have to quit spending money we don’t have, andwe have to pay or what we’ve already spent.



Your Money Matters : Living Trusts Made Practical

By John Stadsvold, CTFA Senior Vice President & Trust Ofcer and Karen Sutor, CTFA, Vice President & Trust Ofcer

Te most important long-term fnancial planning issuesor most amilies are investment management and wealthpreservation. No type o asset-management account is betterat addressing these issues, or more versatile, than a trust.

Tat’s why people rom so many di erent walks o li ehave decided to take advantage o our trust services. Sometrusts save taxes, others do not. But every trust is individuallytailored to meet the requirements o the amily that it serves.

o illustrate the personalized nature o our trust services,here are two true to-li e examples. (O course, because allin ormation related to our trust clients is held in strictconfdence, all names and details have been fctionalized.)

Li etime fnancial managementAnn A. was in her mid 50s when she set up her living

trust ollowing a diagnosis o multiple sclerosis (MS). Shewanted a low-risk investment program and reedom to travelwith riends and visit her children around the country. Inher living trust agreement, Ann instructs us to provide ullpersonal fnancial management services i she should becomeincapacitated by her MS. Fortunately, that hasn’t beennecessary. Ann has arranged to simpli y her li e by having hermonthly bills and quarterly taxes paid rom her trust.

Port olio management

Don D. frst placed his investment unds in our carebecause his career le t him no time or picking stocks or

Nicki Tomure is the new teamleader or Loan Administration.Nicki has 10 years o bankingexperience, starting her careerat MCM Savings Bank in2001 in the loan department.She has held many positionswithin the loan departmentsuch as underwriting, closings,servicing, and selling o loans.

She is also a teller on Saturdays at the North Branchlocated in Hannibal. Nicki’s team o fve are responsible

or the administration and servicing o commercial,

Nicki Tomure New Loan Administration Department eam Leader

residential, and consumer loans.Volunteering and giving back is very important to Nicki.

Participating in the F&M Bank Heart Walk and Relay or Li e areamong her avorites. She is also active in various committees withithe bank including Adopt a Family, Christmas party planning, andpicnic planning.

Nicki and Stephen have been married or 10 years. She enjoysspending time with her children and is very active member in her

local church.

evaluating bond quality. Don chose to use a living trust orasset management. We developed an asset allocation plan

or Don’s trust that matched his goals and risk tolerances,and then put the plan to work. Don made his li e insurance,including the coverage that his employer provided, payableto the trust. Had anything happened to him, our job astrustee would have been to invest the insurance proceedsand manage the augmented trust or the beneft o Don’swi e and children. oday Don’s trust has grown into a“living estate plan” a program that will ensure both Don andhis wi e a li etime o fnancial security as it de ers all ederestate taxes until the survivor’s death.

How can we help you? Tese brie sketches only scratch the sur ace o the

ways our trust department can help amilies build andmaintain their fnancial security. I you would like to learnmore about how a trust might help you get away rommoney management worries, contact John Stadsvold orKaren Sutor. John or Karen will be glad to talk things overwith you and answer your questions.

Investments are not insured by the FDIC; are not deposits orother obligations o F&M Bank and Trust Company and arenot guaranteed by the Bank or its afliates; and are subject toinvestment risks, including possible loss o the principal invested



Board of Directors: Donald M. Bastian • Michael Bukstein, M.D. • William H. Craigmiles

R. Dorsey, D.V.M. • Alvin (Spike) Ehrhardt • Mark Gorman • Charles Hickman • Jack Martin • Stevens PlowmanPaul Richards • Phillip Smith • Gordon Spilker

St. Louis Branch Announces New Senior Vice President o

Mortgage Operation

F&M Bankand rust is prouto announce thatEve Janis has bepromoted to Sen Vice President oMortgage Opera

Eve has beein the mortgagebusiness since 1She began as a

loan processor aworked in various positions as an underwritprocessing manager, government branchmanager and operations manger. She has bein management or 17 years, and has been the Gorman & Gorman division o F&M Bsince June o 2011.

Eve’s current responsibilities includeinternal management o the mortgage divisShe is the current president o the National Association o Pro essional Woman (NAP

or the St. Louis region and is also currentl

Secretary o the Mortgage Bankers Associ(MBA) located in St. Louis. Eve and herhusband, Mike, have 4 children.

Benefts o a Corporate

Wellness ProgramBy Susan Wathen, SPHR

Corporate wellness programs are receivingcreased attention as a workplace riskrategy as employers are becoming moreware that excessive weight gain/obesity, lack

physical activity, and tobacco are adverselyecting the health and productivity o their

mployees, and ultimately the business’ottom line. Study a ter study conducted

recent years show that there is a directnk between employee health risk actorsnd an employer’s health care costs. Teseudies also conclude that there is a directnk between these actors and employeeroductivity. In addition, these studies showat American companies collectively spendllions o dollars each year on employee

ealth problems tied to physical inactivity,besity, smoking, poor nutrition, stress,abetes, and other risk actors.A recent survey indicated that 70 percent organizations surveyed plan to make

ealth-promoting changes in their worknvironment by 2012. Some o the strategieseing used by success ul companies includencouraging physical activity by o ering orubsidizing ftness classes, opening on-sitexercise areas, and providing educationn the benefts o physical activity. Poorutrition is being addressed by o ering lunch learn programs educating employees on

ealthy nutritional choices and improvinge choices in company vending machines. addition, corporate wellness programse gaining momentum. oday, more than

0 percent o America’s businesses with0 or more employees o er some orm o mployee wellness program. Various orms

incentives are being used to improvearticipation and e ectiveness o thoserograms. It is important to note that i company ties its wellness program to

its health insurance plan HIPAANondiscrimination rules will apply.

F&M Bank and rust Companyo ers a variety o wellness programsand incentives to its employeeswith participation. Enthusiasmhas increased during the pastcouple o years. angible goalsare set based on voluntary HealthRisk Assessments completed byemployees. Resources are investedin activities to educate employeesand improve risk actors, andincentives are in place or employeeswho choose to make healthy li estylechoices. Creating a truly e ectivewellness culture can extend beyondthe walls o the employer. Engagedemployees are able to take theirnew knowledge home to their

amilies and into their communities.Businesses that invest in thesetypes o wellness initiatives are wellon their way toward a healthierwork orce and bottom line.

F&M employees, Judy Dewey & LindaFlesner participate in the Hannibal

Cannibal walk/run.

F&M employees prepare or a kettle bell ftness class to promote welln

F&M Bank Fall 2011 Newsletter

Documents

Transcript of F&M Bank Fall 2011 Newsletter