The Alpine Bank Family is pleased to welcome Cass Wolfenberger, Senior Vice President Mortgage Banking, and Michael Urnezis, Vice President Wholesale Lending.
Mr. Wolfenberger has been providing mortgage expertise to homebuyers, for over two decades. He was employed by Alpine Bank before becoming an owner and co-founder of a successful, local mortgage banking firm. He says, “That experience gave me the global view of not only the entire mortgage supply chain, but also the business practices required to be successful in a highly complex and competitive environment.”
As a Rockford native, Mr. Wolfenberger continues to give back to the area by volunteering for United Way, Breast Cancer awareness events and Northern Illinois Food Bank.
Mr. Urnezis has been in the financial industry for 20 years, with 16 of these years in the mortgage lending field. He was an owner and co-founder of a mortgage banking firm, along with Mr. Wolfenberger. A graduate of Illinois State University with a degree in Finance, Mr. Urnezis was born and raised in Rockford and currently resides in Boone County.
He remains active in the community by being a charter member and board member of The Parks Kiwanis Club and is active in Boy Scouts and Cub Scouts. In addition to his community involvement, he enjoys spending time with his wife and three sons.
The first step to saving more is creating a budget for your personal finances. Knowing how to properly budget is a skill that will be helpful throughout all of life. While it is advised to start at a young age, it is never too late to learn. Whether you have been budgeting for years or are just beginning, Alpine Bank wants to offer five steps for creating a successful budget. We hope you find these helpful and incorporate them into your life.
- Gather all financial information from bank statements, bills, income and anything else that states where your money is going and coming from.
- Take note of all income. Whether you have a full time job, are self-employed, or have an occasional garage sale, write down how much you receive.
- Write down all expenses you have in any given month. These may be bills, groceries, gas, entertainment, college, retirement or gifts. Break these expenses into fixed and variable categories. Your fixed expenses are those that cannot change in order to live, while variable expenses can change.
- Calculate the difference between your income and expenses. If your income is higher than your expenses, you are in good shape and can start saving more or paying off debt. If your expenses are more than your income, you may need to make some adjustments.
- Review your budget frequently to ensure your income and expenses are all lining up. Make adjustments as needed to stay debt free. Remember to prepare for expensive times of the year like Christmas and summer vacations.
Alpine Bank encourages you to take steps necessary to save more money. We know life can be busy, but taking time to create and use a budget will be beneficial in the future. Contact Alpine Bank for your financial questions and concerns.
As the school year approaches, you may be calculating the
many expenses to come. While this can be an exciting time of year, it can also
be very expensive. At Alpine Bank, we
understand the importance of saving and budgeting for all of life’s demands. While
your schedule may be filling up with school activities and sports, we hope you
keep in mind simple ways to save.
- Before buying new school
supplies, take inventory of what you already have around the house. You
will be surprised with the pens, paper, and other items you find from
previous years that are still in good shape.
- Shop alone to avoid
pressure from kids to buy items you don’t really need. Kids may also ask
for the more expensive option and cause your bill to sky rocket. Shop
alone to purchase only what you need at the lowest price.
- When the school shopping
rush is over, hit up the stores to find bargains on supplies to use down
- When looking for back to
school clothes, look first at second hand and consignment stores. They
offer reasonable prices and have items your kids are sure to love.
- Compare the cost of school
lunches to sack lunches from home. By packing a lunch every day, you may
save money and provide a healthier option for your children. Write a
little note and stick in their lunch for some mid-day motivation.
understands you are busy, which is why we hope to serve all your financial
needs. We encourage you to lay out your finances for each month and plan ahead
to ensure you are fully prepared. Take steps to save this school year and have
more to spend in places that matter most. Alpine Bank can be reached at
815.398.6500 or stop by one of our locations today to see how we