You’ve likely heard the term IRA (Individual Retirement Account) before, among a bewildering amount of other retirement jargon. However, like many people, you’re probably still not sure what it is and what it can do for you. So, pull up a chair, grab a cup of coffee, and let’s talk about IRAs in plain English.
Our Vice President and Chief Loan Officer, Derrick, is sharing his Aunt Connie’s Baked Bean Casserole! According to Derrick, this casserole is magic, and we agree! Give the recipe a try for yourself.
If you read our last blog about the Advantages of an HSA Account, you have learned that you can use your HSA contributions after retirement. What you might still be wondering is how to best leverage your HSA for retirement, so let's explore what an interest-bearing HSA account at Waldo State Bank can do for you.
You have your 401(k), your IRA, your savings account, and your checking account. You name it; you’re on top of it. But, do you have an HSA account? With a bit of strategy, an HSA account can be an excellent tool to cover current medical expenses and help you save long-term. HSA accounts can even offer considerable benefits after retirement and can serve as a good retirement savings strategy. Open an interest-bearing HSA account at Waldo State Bank and take advantage of our competitive rates and helpful team!
Are you ready for game day? Gear up with our featured Buffalo Chicken Dip. This recipe is quick and simple, so you don’t have to worry about missing kickoff!
The holidays are an exciting and wonderful time of year, but they can also be very expensive! Pricey gifts, festive decorations, ugly sweaters, and big family dinners can add up quickly before you find yourself way over budget. There's no reason to feel discouraged, however. After all, the holidays are all about feeling good and feeling the love from those around you. And because Waldo State Bank cares about our customers, we've prepared some tips in case you find yourself in over your head after the holidays!
For many years, Tammy, our Loan Servicing Specialist, has been treating our team to her homemade caramel corn! It quickly became a bank favorite, and we are excited to share it with you.
The "young adult" phase of life is important for many reasons. It's during this time that people enter college or the workforce. Some young adults may even start families or venture into entrepreneurship at this time. No matter how this period plays out, there is one common truth about the young adult years - they are the most pivotal years for investing and saving for the future.
Certificate of Deposit (CD) accounts are one of the safest ways to grow your money and receive a great rate. Investors choose CDs due to their low risk and high yield. CDs are FDIC-insured accounts that offer a broad range of maturity rates and returns. At Waldo State Bank, our personable staff helps guide our customers towards discovering the best rates for CD accounts that will help them reach both their short-term and long-term goals.
For Halloween, our team had a scary good potluck! One of the dishes brought to pass was Ashley Lawrence’s Scarily Good Salad – it had our team spooked by how delicious it was. Give this salad a try for yourself!
Waldo State Bank was established in 1913 as an independently owned community bank. For over 100 years, we have committed ourselves to providing Sheboygan county residents and business owners with expert banking services, striving to achieve our mission by offering genuine customer service with the highest degree of integrity, professionalism, and confidentiality. These founding principles have led us to develop a rich history of lifelong, trusted relationships with our customers.
At Waldo State Bank, we know that customers have a never-ending list of banking options to choose from. Our staff receives the same bombardments of corporate bank offers and postcards in our mailboxes that everyone else does! So what sets us apart? Why should you choose to deposit with Waldo State Bank?
While large corporate banks will treat their customers like numbers, providing cold and impersonal interactions, Waldo State Bank’s staff gets to know all of our customers by name. We listen to their stories and offer personalized service that helps each of them reach their individual goals. At Waldo State Bank, our customers are like our extended family!
Fall has arrived bringing with it weekends full of football and cozy evenings by the fire. If you’re looking for the perfect snack to accompany your fall activities, look no further. Our Waldo State Bank team gave Lynn Flood’s Mozzarella Pretzel Dip a taste test and it quite the treat! Make this party-approved recipe for yourself!
Waldo State Bank has the ingredients to help you find success in your financial goals and aspirations, but we’ve taken to asking our team members and customers to help us share some of their favorite food recipes from home! Ted Katsma, our Deposit Operations Officer, shares his recipe for “Paul & Mia’s Chocolate Peanut Butter Balls.”
Investing personal wealth to earn a substantial return isn't a simple trick. There is a lot of important information to research and understand the different options available, as well as the risks and benefits associated with each. Stocks and CD accounts are two popular investment types with very different approaches toward earning returns. While stocks are popular, Waldo State Bank would like to point out the reasons CDs are a safer, more beneficial choice for investing your money.
Waldo State Bank supports Project Angel Hugs, a non-profit dedicated to nurturing a passion for Christ-centered service and ministering to the emotional needs of children touched by cancer and their families.