Monthly Archives: May 2016

FTSB Employee Promotions

Farmers Trust & Savings Bank is pleased to announce several promotions for employees.

Buffalo Center office:

Elroy Schlake – Executive Vice President
Deb Venteicher – Senior Vice President
Dawn Meinders – Cashier

Lakota office:

David Streuber – Senior Vice President

Britt office:

Nancy Wilson – Consumer Loan Officer

Lake Mills office:

Al Hagen – Senior Vice President

Bricelyn office:

Doug Leland – Senior Vice President
Gary Holmen – Vice President
Kristin Bullerman – Consumer Loan Officer

Brian Vander Wilt, President of FTSB, states, “We are very fortunate to have such knowledgeable, experienced and dedicated people working at FTSB. They are all very deserving of these promotions.”

Creating a Budget You Can Stick To

Rainy-day funds, savings for college, or just making your rent payment can all be made easier with a budget. FTSB supports its customer’s efforts to budget and save by offering expert guidance.

Putting together a household budget requires time and effort. Here are some suggestions as you get on the budget track:

Be a Spending Sleuth. Track every penny you spend for a month. Keep receipts and write everything down. This will be an eye-opening experience and will help you see where you can cut back.
Count Your Money. Determine the total amount of money coming in. Include only your take home pay (your salary minus taxes and deductions). Your income may also include tips, child support, investment income, etc.
Itemize, Categorize, Organize. Review the records and receipts you’ve been collecting over the last month.
He Shoots, He Scores. Set a realistic financial goal and develop your budget to achieve that goal. Subtract your monthly expenses from your monthly income. Find ways to cut spending and set limits on things like entertainment expenses.
Save, Save, Save. Make one of your financial goals to save a certain dollar amount each month. Start an emergency fund if you don’t already have one. You never know when you may need it.
Stick to it. Keep track of your spending every month. Update your budget as expenses or incomes change. Once you achieve your financial goal, set another.

Nancy Wilson Earns Certificate from Consumer Credit School

Nancy Wilson of Farmers Trust & Savings Bank in Britt successfully completed the Iowa Bankers Association Consumer Credit School, February 29- March 4 in Ankeny, Iowa. The school is an intense one-week program sponsored by the Iowa Bankers Association. The purpose of the IBA Consumer Credit School is to prepare consumer credit personnel who want to broaden their consumer credit knowledge or who have not been exposed to formal consumer credit education, to serve effectively and profitably as consumer credit officers. This is accomplished by developing a better understanding of the consumer credit function, deepening the comprehension of the managerial aspects of consumer credit operations and developing and refining the administrative and human relations skills necessary to meet the credit needs of their customers.

Wilson has been with Farmers Trust & Savings Bank since 1992. She started as a Teller, and then moved to Loan Assistant. In 2005, she graduated from NIACC with a degree in business. In 2015, Wilson became a Consumer Loan Officer, and she also manages the operations for the Britt office.

“Not only do I love working for FTSB and with my co-workers, but we have great customers and it is a privilege to serve them with their banking needs.” said Wilson. “Living in a small community like ours, it is nice to get to know customers on a more personal level.”