Community State Bank
June 14, 2013
June 2013

Congratulations Grads!
Tips for Graduates to Pay Back Student Loans


'Tis the season for graduation! Students across the country will finish their two or four-year college degrees this month and begin hunting for jobs in a still-sluggish economy. Their degrees give them a leg up on their peers, but will also likely leave them staring down thousands in student loan debt. Students in the U.S. face a total of $986 billion in combined debt, averaging $24,810 per student. Here are some tips to keep you on track as you repay those loans.

Get organized.
Most college graduates have outstanding loans from multiple servicers, so it's important to make a list - whether it's on paper or a digital spreadsheet - to keep track of them all. Include the servicer's name and website, the total amount of the loan, how much is due each month and the due dates.

Stay in touch with your services.
College grads often move several times following graduation, due to job searches and other factors. Make sure you always update your address with your loan servicers so any information they send you goes to your current address. A convenient way to make sure nothing gets lost in the shuffle is to sign up for email communication from your lenders.

Select the repayment plan that fits your situation.
Most student loan servicers have a wide variety of repayment plans available, so choose the option that will work the best for you. If you got a job straight out of school or have enough saved up to last until you do find work, a standard repayment plan will probably be the best fit. If you're taking time to do volunteer work or travel, or you haven't been able to find work in your field, consider an extended payment plan or one that has smaller monthly payments at first. Work with your lender to choose the option that fits you.

Make your payments on time. The number of students who are at least 90 days late on student loan payments has increased to 11.7 percent, up from 8.5 percent in 2011. This will not only cost you more in late fees and higher interest payments, it can also ruin your credit for the future. If you have trouble remembering when your payments are due, or simply don't want to have to worry about them, sign up for automatic payments.

Use deferment as a last resort.
While putting off making payments may seem like an attractive option, it will end up costing you much more in the end, because interest on the loan continues to accrue during the deferment period.

Student loan debt may seem insurmountable, but getting organized and budgeting carefully, these loans can be paid off on schedule, or even early. Talk to your banker if you need help getting your finances for student loan repayment.

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Bank Awards Annual Scholarships
Congratulations to the Winners of the 2013 Community State Bank Business & Finance Scholarships!

Three local graduating high school seniors were recently awarded 2013 Community State Bank Business & Finance Scholarships.

On Wednesday, May 15, 2013, Community State Bank Vice President Rick Fettes presented Jayden Essman with a $1,000.00 scholarship award. Jayden is a recent graduate of Burlington High School and plans to attend University of Wisconsin - Oshkosh to major in Business.

On Thursday, May 16, 2013 Courtney Theisen was presented with a
$1,000.00 scholarship. Courtney recently graduated from St. Catherine's High School in Racine, WI. She will be attending University of Wisconsin – Oshkosh and majoring in Business.

On Wednesday, May 22, 2013, Senior Vice President Kris Bernstein presented Jacob James, a graduating Senior at Union Grove High School, with a $1,000.00 scholarship award. Jacob plans on attending University of Wisconsin- Madison to major in Accounting and Economics.

Business & Finance Scholarship applications were open to graduating high school seniors, residing within the Community State Bank trade area, who have been accepted by an approved college or business school within the state of Wisconsin, and have indicated a commitment to pursue a course of study in a business or finance related field.

Winners were selected from eligible applicants by a committee of Community State Bank employees.

Congratulations to all of our winners, Jayden Essman, Courtney Theisen, and Jacob James.

Protect Your Vehicle & Belongings this Summer
10 TIps to Protect You, Your Car and Your Belongings This Summer.
car keys

As the weather heats up and Summer approaches it's time to roll the car windows down and go for a ride. But warmer weather also means more active crooks on the prowl as well. Here are a few tips to keep your vehicle and your belongings safe anytime of year.

purse Do not leave your purse, wallet, and/or briefcase in the vehicle. If you must, make sure you keep them out of sight in a glove compartment or the trunk
key Do not leave your keys in the ignition or hide a spare key anywhere in the vehicle.
car Do not leave your vehicle running or unlocked while you run in to pay for gas.
phone Do not leave your cell phone and/or laptop computers in your vehicle. These are an invitation for thieves. If you must, make sure you keep them out of sight in a glove compartment or the trunk.
speaker Make sure that you have the serial numbers to your speakers, radio, and/or CD player as well as to your cell phone and computers just in case your vehicle is burglarized.
ocklock Always lock your vehicle and roll up the windows when the vehicle is unattended.
title Do not keep your vehicle title in your glove compartment.
light Try to park in well-lit areas at night.
people Be aware of your surroundings and be observant of any suspicious persons in areas where you park your car.
alarm An alarm system together with a kill switch could prevent your vehicle from being stolen.

Need additional advice and information on how to protect your vehicle and your belongings anytime of year? Please contact Certified Insurance Agent Pam Hegemann at Community Insurance Services for a no-obligation consultation.

Community State Bank Notes
What's Happening at Community State Bank & in our Communities.
Relay for Life   Super Saturday
Union Grove Relay for Life Super Saturday Website Gets a New Look!

Union Grove Relay for Life wraps up another successful year!

We had a great time participating in the American Cancer Society Relay for Life in Union Grove (Racine County Fairgrounds) on Friday, May 31st, 2013.  

We were so proud to be among the top 3 team fundraisers this year. They were: 

- Tube-ular Teachers Tackling Cancer - $7,021.37
- Community State Bank - $10,150.08
- The A Team (American Roller) - $16,095.31

Thank you to everyone who helped make a difference this year! The total raised in Union Grove was in excess of $75,000.00! Visit the official U.G. Relay for life page.

We are proud to once again be a part of Super Saturday on September 7, 2013. Not only are we planning another 5K fun run/walk (more details to come), but we also developed a new website for Super Saturday. Check out the new website at!

What is Super Saturday? Super Saturday is a day dedicated to family, community, and fun. It's a time when we as a community come together and celebrate everything that makes Union Grove special!

From a local talent show to a 5K fun run, from tons of entertainment to a late night street dance, this day has it all. And we can't forget to mention all of the great food and local business specials! People come from all over Racine and Kenosha County to take part in this annual event. Hope to see you there!

Kenosha County Dairy Breakfast   Six Flags
2013 Kenosha County Dairy Breakfast Six Flags Tickets Available
Your chance to visit a real working dairy farm!

Be sure to mark your calendars for the 2013 Kenosha County Dairy Breakfast on June 15, 2013. You just might run into some friendly, familiar faces from your local Community State Bank office. We'll be cooking eggs in a 6ft. skillet from 8:00am - 10:30am.

This annual event is fun for the whole family! Enjoy a morning on the farm that includes: a big farm breakfast, milking demonstrations, a Wisconsin products tent, old-fashioned children's games and much more! The breakfast will include scrambled eggs with ham and cheese, pancakes, fresh bread and butter, yogurt, muffin, milk, juice, and ice cream. Admission to the farm is free. Breakfast tickets are $6 and children 6 and under eat free.

Kenosha County Dairy Breakfast
Uhlenhake’s Land-Locked Acres
1801 216th Ave.
Union Grove, WI 53182

Discount tickets to Six Flags Great America are on sale now at Community Stat Bank.

Planning on taking a trip to Six Flags Great America this summer? Be sure to stop at Community State Bank before you go. Community State Bank has again partnered with Six Flags Great America to offer discounted Season and Daily Passes to our customers for the 2013 Park Season.

Pricing Info CSB Price Gate Price Total Savings
General Admission $44.00 $63.85 $19.85
Season Pass
(thru 6/9/13)
$71.00 $76.99 $5.99
Season Pass
(starting 6/10/13)
$71.00 $82.39


Six Flags Great America tickets are available at all Community State Bank's office locations (Union Grove Motor Bank excluded).

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