Monthly Archives: May 2014

Reduce Your Financial Stress with these 6 Tips

Financial stress relief from Alpine Bank

Learn how to bust financial stress and live a better life free from the worries of money!

Do you fear getting your monthly bank statement? Does it feel like there is a weight on your shoulders any time you think about money? Do you feel hopeless about your current financial situation? If so, you are suffering from financial stress, and you are not alone.

 

A 2013 study by Financial Finesse found that 83 percent of employees report some financial stress, with 16 percent saying it is high or overwhelming. Financial stress’s consequences aren’t limited to your bank account, either; it can translate into physical health symptoms, causing high blood pressure and other health issues.

 

Since May is National Blood Pressure Month, Alpine Bank thinks this is as good a time as any to help you keep your blood pressure in a healthy range by lowering your financial stress levels. Here are a few tips for those of you stressing about your money situation to hopefully get you back on solid ground.

 

  • Look for ways to reduce your debt- is there anything you can sell to help pay down your debt? You can also try refinancing your debt through your creditors, who may give you a better rate if they know you’re looking to refinance.
  • See where your money goes- scour your debit and credit card statements to see where you are racking up the most spending. You can also use free websites like Mint to help, and keep receipts for every purchase you make.
  • Cut costs- once you see where your money is going, see which expenses you can cut or eliminate altogether. Even small savings can add up to a lot over time.
  • Prioritize your spending- make sure the essentials – rent/mortgage, food, utilities, student loans – are covered before you pay down your unsecured debt, such as credit card debt, which can generally be negotiated.
  • Learn to haggle or ask for help- you can try negotiating with your creditors directly or ask a non-profit credit counseling agency for help.
  • Build an emergency fund- having $1,000 in your savings account can go a long way to giving you some peace of mind and reducing your anxiety.

 

Being stressed from your finances can seem like an inescapable trap. However, by creating a logical, step-by-step plan, you can free yourself from the crushing weight of debt and other stressors. Just be aware that it may take some time and lots of willpower to do. If you need help, Alpine Bankwill gladly help in any way we can. We look forward to seeing you soon!

Save Money and Go Green with these 7 Tips

Green living tips from Alpine Bank

Going green can be an easy and frugal change to your lifestyle.

There’s little doubt that spring is a very beautiful time of year here in our part of Illinois. The grass is green, flowers have bloomed, and soon the recently planted fields will start growing in. But nature isn’t the only thing that can get greener this time of year.

 

Your home and how you live are also two things that can “go green” while also helping you save some green. This is a win-win situation, because not only does Alpine Bank advocate smart financial decisions, but also living responsibly in regard to our environment. That’s why we have come up with a few ways you can help out Mother Nature and save a little money as well.

 

Seal up the cracks- this not only keeps cool air in as it warms up, but it also keeps cold air out in the winter. And there’s an added bonus: it can help you save up to 30 percent on your heating and cooling bill

 

Go for a low-flow showerhead- the name says “low-flow” but there doesn’t feel like much difference with most low-flow heads. Also, showerheads with the WaterSense label could save up to 2,900 gallons per year on average.

 

Revamp your thermostat- a programmable thermostat will help you maximize the efficiency of your heating and cooling, meaning less waste and more money in your pocket.

 

Nix the disposable household products- paper plates, paper towels, napkins, aluminum foil, and zipper bags can all be replaced with alternatives that you can use multiple times.

 

Repurpose- before tossing anything out, ask yourself if there is another purpose it could serve. A lot of the time the answer will be “yes.”

 

Buy used- there may be a stigma to buying second-hand goods, but you can’t argue with the savings you’ll find at Goodwill or other thrift stores.

 

Learn how to cook or start a garden- the less takeout or fast food you buy, the fewer wrappers, bags, and other packaging you go through that become trash.

 

Are there other ways you can think of to go green without breaking the bank? Let us know by leaving us a comment on our Facebook page.

 

We hope these ideas have given you some inspiration to look at your home and lifestyle and find areas where you can reduce waste. If you need help increasing your financial efficiency, come by your nearest Alpine Bank office today and we’ll see how we can help. We hope to see you soon!

Attention Users of Trusteer Rapport

Alpine Bank has received notice that IBM Trusteer has become aware of a phishing e-mail campaign targeting IBM Trusteer. The campaign started on May 9, 2014.

The fraudulent e-mails appear to come from Trusteer with the sender’s e-mail address masquerading as support@trusteer.com, an e-mail account that is no longer in use.

These e-mails are part of a spear phishing campaign that uses IBM Trusteer’s brand to distribute a malicious executable file.

The emails are addressed directly to recipients containing their full name and e-mail address. The content of the message requests that recipients run the attached file in order to upgrade their IBM Trusteer Rapport software version.

Please note that IBM Trusteer will not distribute Rapport updates as email attachments.

In response, IBM Trusteer has already begun rolling out an update that will protect users from accidentally opening the malicious file. Further recommendations from IBM Trusteer are as follows:

1.        Users who received this email are requested to delete it immediately.

2.        Users who may have already launched the attached file should be instructed to refrain from Online Banking, and contact Alpine Bank’s eBanking Department at 815.398.6500 or by email at ebanking@bankalpine.com.

Chris Johnson Joins Alpine Trust & Investment Group

JohnsonChris_05_2014Bill Roop, President of Alpine Bank, has announced that Chris Johnson has recently joined Alpine Trust & Investment Group as Vice President and Trust Officer. Mr. Johnson brings with him nearly 20 years of experience in the financial industry, with 16 of those years in trust and investments. His office is located in the Alpine Bank location at 600 South State Street in Belvidere.

Mr. Johnson grew up in the DeKalb area and attended Northern Illinois University, where he received his Bachelor of Science in Finance and Master of Business Administration (MBA).  He, his wife and four children are excited to be back in the area to serve the communities he calls home.

“On behalf of Alpine Trust and Investment Group, I am pleased to welcome Chris to our team of trust experts,” said Lee Mayer, Executive Vice President and Senior Trust Officer. “His expertise and commitment to his clients exemplifies our fundamental principle of people helping people.”