Minnwest Bank News http://minnwestbank.com/about-us/blog/ Most Recent - Minnwest Bank Blog en-US 2019-03-23T06:48:04What's better? Paying down the mortgage or investing in your 401(k)?<p>Homeowners in their 40s and 50s may find themselves with a great problem to have. There&rsquo;s extra room in the budget, and if you&rsquo;re like any smart planner, you&rsquo;re trying to figure ...http://minnwestbank.com/about-us/blog/whats-better-paying-down-the-mortgage-or-investing-in-your-401k2019-03-20T02:53:00http://minnwestbank.com/about-us/blog/whats-better-paying-down-the-mortgage-or-investing-in-your-401k MN Millennial Farmer: Who I am as a producer and how I ended up here<p>I&rsquo;m a proud 5<sup>th</sup> generation family farmer located in West Central MN.&nbsp; A lot of things have changed since my ancestors sailed across the pond in 1876 to stake their claim ...http://minnwestbank.com/about-us/blog/mn-millennial-farmer-who-i-am-as-a-producer-and-how-i-ended-up-here2019-03-18T04:36:00http://minnwestbank.com/about-us/blog/mn-millennial-farmer-who-i-am-as-a-producer-and-how-i-ended-up-here Fascinating facts about Minnesota agriculture to help you celebrate National Ag Day<p>Are you ready for <a href="https://www.agday.org/" target="_blank" class="confirm">National Ag Day</a>? This year, it takes place on March 14. The idea is to help the public understand where their ...http://minnwestbank.com/about-us/blog/fascinating-facts-about-minnesota-agriculture-to-help-you-celebrate-national-ag-day2019-03-12T01:04:00http://minnwestbank.com/about-us/blog/fascinating-facts-about-minnesota-agriculture-to-help-you-celebrate-national-ag-day Budget checkup for homeowners and future homeowners<p>(BPT) - A budget is an important tool for first-time homebuyers and current homeowners. Throw out any negative feeling you may have toward budgeting. We're here to tell you that budgeting is a ...http://minnwestbank.com/about-us/blog/budget-checkup-for-homeowners-and-future-homeowners2019-03-08T12:00:00http://minnwestbank.com/about-us/blog/budget-checkup-for-homeowners-and-future-homeowners Women In Agriculture: Jessie Alt's farm roots take her to an enriching career of plant breeding<p>Jessie Alt&rsquo;s career as an ag research scientist can be traced to her childhood roots: the family farm near Wabasso, Minnesota.</p> <p>There, her father cultivated grain crops and raised hogs,...http://minnwestbank.com/about-us/blog/women-in-agriculture-jessie-alts-farm-roots-take-her-to-an-enriching-career-of-plant-breeding2019-03-06T07:23:00http://minnwestbank.com/about-us/blog/women-in-agriculture-jessie-alts-farm-roots-take-her-to-an-enriching-career-of-plant-breeding Is your dream job working for yourself? 3 steps to launching your startup<p>Starting your own business can be a tough but rewarding journey. If you&rsquo;re thinking about making the leap and becoming your own boss, these are the three steps you don't want to skip. These ...http://minnwestbank.com/about-us/blog/is-your-dream-job-working-for-yourself-3-steps-to-launching-your-startup2019-02-27T02:17:00http://minnwestbank.com/about-us/blog/is-your-dream-job-working-for-yourself-3-steps-to-launching-your-startup Remember your savings? Here's why you should make them work for you<p>(BPT) - A generation ago, Americans were savers. When the Greatest Generation and Boomers needed to make a major purchase or wanted to take a trip, they put money aside. And then they saved some ...http://minnwestbank.com/about-us/blog/remember-your-savings-heres-why-you-should-make-them-work-for-you2019-02-25T12:00:00http://minnwestbank.com/about-us/blog/remember-your-savings-heres-why-you-should-make-them-work-for-you 4 Ways Female Founders Turbocharge Their Businesses<p>(BPT) - Women are starting businesses at a record pace &mdash; motivated to pursue passions, financial independence and the flexibility that eludes most traditional jobs.</p> <div> <p>In the U.S. ...http://minnwestbank.com/about-us/blog/4-ways-female-founders-turbocharge-their-businesses2019-02-22T12:00:00http://minnwestbank.com/about-us/blog/4-ways-female-founders-turbocharge-their-businesses 5 steps to the retirement of your dreams<p>(BPT) - <a href="https://www.wsj.com/articles/in-retirement-its-save-now-or-pay-a-lot-later-1484908217" target="_blank" rel="noopener" class="confirm">A recent study</a> finds that 52 percent of ...http://minnwestbank.com/about-us/blog/5-steps-to-the-retirement-of-your-dreams2019-02-19T12:00:00http://minnwestbank.com/about-us/blog/5-steps-to-the-retirement-of-your-dreams Livestock and grain markets: Updates from Northstar Commodity<p>Jason Ward has been a market analyst with <a href="http://www.northstarcommodity.com" target="_blank" class="confirm">Northstar Commodity</a> for 18 years and is the co-author of the Ag-Investor ...http://minnwestbank.com/about-us/blog/livestock-and-grain-markets-updates-from-northstar-commodity2019-02-14T08:47:00http://minnwestbank.com/about-us/blog/livestock-and-grain-markets-updates-from-northstar-commodity Planting season will be here soon. Is your crop insurance up-to-date?<p>Farmers have always lived at the mercy of nature's whims. But starting in 1938, we began seeing the first trappings of a very important safety net: federally subsidized crop insurance. If a drought...http://minnwestbank.com/about-us/blog/planting-season-will-be-here-soon-is-your-crop-insurance-up-to-date2019-02-12T03:54:00http://minnwestbank.com/about-us/blog/planting-season-will-be-here-soon-is-your-crop-insurance-up-to-date 6 things you should know about your health savings account (HSA)<p>(BPT) - For many families, health care is a major expense, even with health insurance coverage. There's a great solution that can help financially prepare you for out-of-pocket costs, and it may be...http://minnwestbank.com/about-us/blog/6-things-you-should-know-about-your-health-savings-account-hsa2019-02-07T12:00:00http://minnwestbank.com/about-us/blog/6-things-you-should-know-about-your-health-savings-account-hsa What's ahead for Minnesota dairy producers in 2019?<p>Challenges? We've seen a few. Take a look at what's happened in the dairy industry these past two years, and it's pretty telling.<o:p></o:p></p> <p>Back in 2017, there were more than 3,200 dairy ...http://minnwestbank.com/about-us/blog/whats-ahead-for-minnesota-dairy-producers-in-20192019-01-30T12:00:00http://minnwestbank.com/about-us/blog/whats-ahead-for-minnesota-dairy-producers-in-2019 Looking for easy online credit? Why you need to pause before you apply<p>Fast, convenient online credit solutions hold allure for small- to medium-sized business owners, whether they're looking to expand or simply wish to access some working capital. Not only is the ...http://minnwestbank.com/about-us/blog/looking-for-easy-online-credit-why-you-need-to-pause-before-you-apply2019-01-21T01:25:00http://minnwestbank.com/about-us/blog/looking-for-easy-online-credit-why-you-need-to-pause-before-you-apply Crop and farm insurance: What you need to know before the 2019 planting season<p>Mark your calendar for March 15, as that&rsquo;s the deadline to lock in on your crop insurance policy for the growing season. As you make your decisions about what to plant (more growers are ...http://minnwestbank.com/about-us/blog/crop-and-farm-insurance-what-you-need-to-know-before-the-2019-planting-season2019-01-15T07:31:00http://minnwestbank.com/about-us/blog/crop-and-farm-insurance-what-you-need-to-know-before-the-2019-planting-season Are you one of 30 million Americans facing a higher tax bill this spring?<p></p> <p>Not to be a killjoy after you already went and splurged on extra holiday gifts this season, but you may want&nbsp;to take a moment to give the withholdings on your W-4 forms a quick ...http://minnwestbank.com/about-us/blog/are-you-one-of-30-million-americans-facing-a-higher-tax-bill-this-spring2019-01-02T05:55:00http://minnwestbank.com/about-us/blog/are-you-one-of-30-million-americans-facing-a-higher-tax-bill-this-spring 4 ways to make your farm more efficient in 2019<p>Without a doubt, 2018 will go into the books as one of the toughest in recent history. To prepare for 2019, identify things you can do to make your operation more efficient. Here are four to get ...http://minnwestbank.com/about-us/blog/4-ways-to-make-your-farm-more-efficient-in-20192018-12-19T09:21:00http://minnwestbank.com/about-us/blog/4-ways-to-make-your-farm-more-efficient-in-2019 3 core areas every small business owner should review before the new year<p>For some sectors, December is a slow month. If you have the luxury of slowing the pace or closing shop for midwinter break, take the opportunity for a year-end mini-retreat where you evaluate how ...http://minnwestbank.com/about-us/blog/3-core-areas-every-small-business-owner-should-review2018-12-10T12:00:00http://minnwestbank.com/about-us/blog/3-core-areas-every-small-business-owner-should-review Tis the season to shop online with care<p>Wrapping up your holiday shopping? Don't let the season's hectic pace keep you from guarding your personal information. If you're like most people, you're probably doing at least some of your ...http://minnwestbank.com/about-us/blog/tis-the-season-to-shop-online-with-care2018-12-05T12:00:00http://minnwestbank.com/about-us/blog/tis-the-season-to-shop-online-with-care Tips to protect your home computer from outside attacks<p>Whether you use your home&nbsp;computer for keeping up on social media, finishing up projects for work or paying bills, it&rsquo;s important to take a moment to make sure this hardworking piece of ...http://minnwestbank.com/about-us/blog/tips-to-protect-your-home-computer2018-12-03T01:43:00http://minnwestbank.com/about-us/blog/tips-to-protect-your-home-computer A successful hand-off: Have you started thinking about your farm's succession plan?<p>When it comes time to start thinking about handing off the farm operation to heirs, finding an experienced succession planner can be difficult. Even if retirement and a hand-off are still well into...http://minnwestbank.com/about-us/blog/a-successful-hand-off2018-11-26T12:00:00http://minnwestbank.com/about-us/blog/a-successful-hand-off Go local this holiday season<p>Planning some shopping to spread cheer this holiday season? Consider picking up a one-of-a-kind creation from your local small businesses and give the gift that keeps on giving.</p> <p>Did you know...http://minnwestbank.com/about-us/blog/go-local-this-holiday-season2018-11-19T12:00:00http://minnwestbank.com/about-us/blog/go-local-this-holiday-season What makes a family business strong?<p>Running a family business has its share of challenges. Yet research shows that a family-run business has significant advantages when compared to other firms.</p> <p>Family-owned firms make more ...http://minnwestbank.com/about-us/blog/what-makes-a-family-business-strong2018-11-13T12:00:00http://minnwestbank.com/about-us/blog/what-makes-a-family-business-strong As soybeans pile up, Minnesota farmers eye an end to the trade war<p>As Minnesota farmers like you harvest the very last of the soybean crop (despite lots of rain and even some early snowfall), you're ending the season with a lot of stress and uncertainty. Here&...http://minnwestbank.com/about-us/blog/as-soybeans-pile-up-minnesota-farmers-eye-an-end-to-the-trade-war2018-11-12T07:05:00http://minnwestbank.com/about-us/blog/as-soybeans-pile-up-minnesota-farmers-eye-an-end-to-the-trade-war How community banks can make a big difference in your hometown<p>As we blogged earlier, <a href="https://www.minnwestbank.com/about-us/blog/the-open-door-pantry-how-community-support-helps-a-local-nonprofit-feed-the-hungry" target="_blank">The Open Door ...http://minnwestbank.com/about-us/blog/how-community-banks-can-make-a-big-difference-in-your-hometown2018-11-05T07:06:00http://minnwestbank.com/about-us/blog/how-community-banks-can-make-a-big-difference-in-your-hometown The Open Door Pantry: How community support helps a local nonprofit feed the hungry<p>On a warm Friday morning in September, a van pulls up at Apple Valley Villa, a tidy, landscaped senior apartment complex in the Twin Cities suburbs. Two people roll up the back hatch, and they ...http://minnwestbank.com/about-us/blog/the-open-door-pantry-how-community-support-helps-a-local-nonprofit-feed-the-hungry2018-10-24T12:55:00http://minnwestbank.com/about-us/blog/the-open-door-pantry-how-community-support-helps-a-local-nonprofit-feed-the-hungry Your guide for getting ready for winter in Minnesota<p>Will Old Man Winter be in a foul mood this year? According to the latest Farmer&rsquo;s Almanac, we&rsquo;re in for a &ldquo;teeth-chatteringly cold&rdquo; one with &ldquo;plenty of snow&rdquo; for...http://minnwestbank.com/about-us/blog/your-guide-for-getting-ready-for-winter-in-minnesota2018-10-22T12:00:00http://minnwestbank.com/about-us/blog/your-guide-for-getting-ready-for-winter-in-minnesota Credit Score: Your Financial GPA<p>GPA is an acronym for grade point average, which represents of your overall academic performance. You probably know your GPA, or at least are familiar with the term. But did you know that your ...http://minnwestbank.com/about-us/blog/credit-score-your-financial-gpa2018-10-17T02:40:00http://minnwestbank.com/about-us/blog/credit-score-your-financial-gpa 4 steps to take now to reach your financial freedom later<p>Young adults have big plans and dreams for their money. Eight in 10 plan to own their own home, while three-quarters want to become financially independent, according to recent <a href=...http://minnwestbank.com/about-us/blog/4-steps-to-take-now-to-reach-your-financial-freedom-later2018-10-12T12:00:00http://minnwestbank.com/about-us/blog/4-steps-to-take-now-to-reach-your-financial-freedom-later Helpful resources for Minnesota farmers coping with financial and emotional stress<p>In the past year, farmers like you have weathered tremendous pressure to make cash flow. Heartburn over the rising trade war, low market prices and a summer of soggy fields add up to one heck of a ...http://minnwestbank.com/about-us/blog/helpful-resources-for-minnesota-farmers-coping-with-financial-and-emotional-stress2018-10-09T12:00:00http://minnwestbank.com/about-us/blog/helpful-resources-for-minnesota-farmers-coping-with-financial-and-emotional-stress Standout ideas to help you shower your customer care reps with love<p>Great customer service is more than good business practice. In Minnesota, a polite greeting and a willingness to help any customer get out of a jam are what we consider minimum expectations. ...http://minnwestbank.com/about-us/blog/standout-ideas-to-help-you-shower-your-customer-care-reps-with-love2018-09-24T12:35:00http://minnwestbank.com/about-us/blog/standout-ideas-to-help-you-shower-your-customer-care-reps-with-love Smart strategies for Minnesota parents to save for their child's education<p>When you see the headlines about what college costs today, the notion of saving up enough to cover it all can seem daunting.</p> <p>But first, it&rsquo;s important to understand what a profound ...http://minnwestbank.com/about-us/blog/smart-strategies-for-minnesota-parents-to-save-for-their-childs-education2018-09-18T12:00:00http://minnwestbank.com/about-us/blog/smart-strategies-for-minnesota-parents-to-save-for-their-childs-education Are cover crops right for your operation?<p>Figuring out whether cover crops make sense for your operation is a tough call. On the one hand, the idea is promoted by proponents as a way to promote soil health. Though healthy soil makes a good...http://minnwestbank.com/about-us/blog/are-cover-crops-right-for-your-operation2018-09-12T08:21:00http://minnwestbank.com/about-us/blog/are-cover-crops-right-for-your-operation Why an SBA loan deserves a fresh look<p>Now&rsquo;s a great time to be in business. If you&rsquo;ve thought of expanding a venture you already own or acquiring a new business, a Small Business Administration loan may be a more attractive...http://minnwestbank.com/about-us/blog/why-an-sba-loan-deserves-a-fresh-look2018-08-29T12:00:00http://minnwestbank.com/about-us/blog/why-an-sba-loan-deserves-a-fresh-look The tariff effect and Minnesota soybeans: What’s next?<p>If you&rsquo;re feeling queasy, we don&rsquo;t blame you. As the back and forth over tariffs between the U.S. and China escalates, soybean farmers<delete title="Deleted by Callie Lesmeister - ...http://minnwestbank.com/about-us/blog/the-tariff-effect-and-minnesota-soybeans-whats-next2018-08-21T12:00:00http://minnwestbank.com/about-us/blog/the-tariff-effect-and-minnesota-soybeans-whats-next 10 things to try at the Minnesota State Fair<p>Everyone loves the Minnesota State Fair for its pails of fresh baked cookies and various foods on sticks. And for every Minnesotan, there&rsquo;s six degrees of separation at the very most to a ...http://minnwestbank.com/about-us/blog/10-things-to-try-at-the-minnesota-state-fair2018-08-16T01:02:00http://minnwestbank.com/about-us/blog/10-things-to-try-at-the-minnesota-state-fair Cleaning up from the aftermath of flooded fields<p><insert title="Inserted by Callie Lesmeister - 08/13/2018 8:29am" class="ins cts-1" data-cid="162" data-userid="14084" data-username="Callie Lesmeister" data-time="1534166992730">If w</insert>ild ...http://minnwestbank.com/about-us/blog/cleaning-up-from-the-aftermath-of-flooded-fields2018-08-13T02:40:00http://minnwestbank.com/about-us/blog/cleaning-up-from-the-aftermath-of-flooded-fields Where to look online for a good side hustle<p>Some say finding success in personal finance is all about getting the math right. Don&rsquo;t spend more than you make and you'll be on your way, right?</p> <div id="wrap"> <div class="body-...http://minnwestbank.com/about-us/blog/where-to-look-online-for-a-good-side-hustle2018-07-31T12:00:00http://minnwestbank.com/about-us/blog/where-to-look-online-for-a-good-side-hustle The challenge of managing expenses through low corn markets<p>Successful farming means understanding patterns. You don&rsquo;t plant your corn based on the most ideal weather of the past century, after all, you plan for climate patterns. You can apply the ...http://minnwestbank.com/about-us/blog/the-challenge-of-managing-expenses-through-low-corn-markets2018-07-25T12:00:00http://minnwestbank.com/about-us/blog/the-challenge-of-managing-expenses-through-low-corn-markets How scammers trick small business owners<p>Someone or something has figured it out: You&rsquo;re a small business owner. Whether it was the robots, algorithms or some mysterious force in the universe, the result is an email inbox filled ...http://minnwestbank.com/about-us/blog/how-scammers-trick-small-business-owners2018-07-20T02:47:00http://minnwestbank.com/about-us/blog/how-scammers-trick-small-business-owners Farm bill 2019: What's happened and what to watch for<p>At first, the farm bill debate in Congress this spring felt like deja vu all over again.</p> <p>Five years ago, back in 2013, the House tussled over whether to reduce SNAP (Supplemental Nutrition ...http://minnwestbank.com/about-us/blog/farm-bill-2019-what-s-happened-and-what-to-watch-for2018-07-11T04:05:00http://minnwestbank.com/about-us/blog/farm-bill-2019-what-s-happened-and-what-to-watch-for How to recruit top talent to your team, even in a job seeker's market<p>When unemployment is low, it can be a huge struggle for a small firm to attract top talent. Especially when much bigger companies with deep pockets are dangling shiny perks, like free lunches and ...http://minnwestbank.com/about-us/blog/how-to-recruit-top-talent-to-your-team-even-in-a-job-seekers-market2018-06-26T12:00:00http://minnwestbank.com/about-us/blog/how-to-recruit-top-talent-to-your-team-even-in-a-job-seekers-market Tips to help newlyweds get on the same page about money<p>Once you say &ldquo;I do,&rdquo; it&rsquo;s time for a merging of the worldly goods, but does that include checking accounts? If you&rsquo;re a millennial who just got hitched, you&rsquo;re more ...http://minnwestbank.com/about-us/blog/tips-to-help-newlyweds-get-on-the-same-page-about-money2018-06-20T02:00:00http://minnwestbank.com/about-us/blog/tips-to-help-newlyweds-get-on-the-same-page-about-money Sharpening the saw: How ag producers can become better business managers<p>These days, being a successful producer is so much more than knowing how to fix a tractor and rising before dawn. It&rsquo;s about having a mind for business and management.</p> <p><strong>From ...http://minnwestbank.com/about-us/blog/sharpening-the-saw-how-ag-producers-can-become-better-business-managers2018-06-18T01:38:00http://minnwestbank.com/about-us/blog/sharpening-the-saw-how-ag-producers-can-become-better-business-managers Why community banking is still best for small businesses<p>This is a golden age for entrepreneurs. It&rsquo;s not only much easier to get loans and lines of credit compared to five to 10 years ago, but small business owners have more options. Online ...http://minnwestbank.com/about-us/blog/why-community-banking-is-still-best-for-small-businesses2018-06-11T08:22:00http://minnwestbank.com/about-us/blog/why-community-banking-is-still-best-for-small-businesses Sound strategies for finding that first house, even in a tight market<p>If you&rsquo;re getting ready to buy a house in a seller&rsquo;s market, it&rsquo;s easy to feel a little trepidation. That's especially true when houses in your price range are in short supply and...http://minnwestbank.com/about-us/blog/sound-strategies-for-finding-that-first-house-even-in-a-tight-market2018-05-31T12:00:00http://minnwestbank.com/about-us/blog/sound-strategies-for-finding-that-first-house-even-in-a-tight-market Making the most of corn season, despite late planting and cool markets<p><span size="3" face="Times New Roman" color="#000000">Without a doubt, a late planting season is the last thing Minnesota corn and soybean producers want to see.&nbsp;And in 2018, they're dealing ...http://minnwestbank.com/about-us/blog/making-the-most-of-corn-season-despite-late-planting-and-cool-markets2018-05-25T07:30:00http://minnwestbank.com/about-us/blog/making-the-most-of-corn-season-despite-late-planting-and-cool-markets 5 low-cost ways small business owners can reach customers<p>Take a drive or a stroll through the heart of any town, and it&rsquo;s the locally owned businesses that make the place shine and give it life.&nbsp;Though marketing dollars are limited, there are ...http://minnwestbank.com/about-us/blog/5-low-cost-ways-small-business-owners-can-reach-customers2018-05-07T08:34:00http://minnwestbank.com/about-us/blog/5-low-cost-ways-small-business-owners-can-reach-customers Teach them young: How to help your kids become money wise<p>It&rsquo;s never too early or too late to teach your children how to be masters of money. Whether they&rsquo;re preschoolers with a piggy bank or teenagers working their first part-time jobs, it&...http://minnwestbank.com/about-us/blog/teach-them-young-how-to-help-your-kids-become-money-wise2018-05-07T08:47:00http://minnwestbank.com/about-us/blog/teach-them-young-how-to-help-your-kids-become-money-wise A look at agriculture trends with the MN Millennial Farmer<p>Zach Johnson is known to his fans as the MN Millennial Farmer. Like the four generations before him, he&rsquo;s tending the acreage his Swedish-born ancestors homesteaded back in 1876 near Lowry, ...http://minnwestbank.com/about-us/blog/a-look-at-agriculture-trends-with-the-mn-millennial-farmer2018-04-16T08:58:00http://minnwestbank.com/about-us/blog/a-look-at-agriculture-trends-with-the-mn-millennial-farmer