Most of us tell ourselves, "it won't happen to me." The truth is, nearly 1 in 3 Americans report being the victim of online financial fraud or cybercrime. Be on the lookout for fraud. The Federal Trade Commission data shows fraud was up 14% last year with losses...
Banking
Alliance Bank Wins Statewide Award for Commitment to Community
Alliance Bank, Francesville, and Horizon Bank, Michigan City, have been honored with the Indiana Bankers Association C2C (Commitment to Community) Awards for outstanding community service performed during 2023. Alliance Bank won the category of banks with assets below...
Discover Oxford Revitalizing Town Square
If you happen to pass through the Oxford Town Square, it's likely you'll see the same thing many small towns face...vacant and run-down buildings. If anything catches your attention, it might be the bump as you leave the asphalt and transition to the brick streets of...
Can You Spot a Phishing Scam?
Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report...
Alliance Bank Named a Five Star Member of the IBA
Alliance Bank has been honored as a Five Star Member of the Indiana Bankers Association. The award was presented on March 29,2022 by Amber Van Til, IBA President and CEO, in recognition of Alliance Bank's Association involvement throughout 2021. Alliance Bank...
Alliance Bank Recognizes Board Retirees
Behind every locally-owned bank is a Board of Directors representing the communities they serve. Alliance Bank is honored to recognize David Diener, Timothy Schreeg, and Ralph Widmer upon their retirement from the Alliance Bancorp Board. Together, they have a combined...
Ag Equipment: Borrow or Lease?
Now may be the right time to consider upgrading your ag equipment. When you find the right piece of machinery, you'll need to decide how you will pay for it. Aside from cash, you have two options. BORROW OR LEASE Your cash position and tax objectives fluctuate from...
Banking 101: How Banking Works
(Relax, there won’t be a test.) When I help clients, I first have to learn about their businesses – how they work, operate, and ultimately how they make money and succeed. So it only seems logical that clients should be given some insight into our business – how banks...
Dude, where’s my bank? Are traditional banks going away?
It’s a good question. And for business owners it’s an important question as banks can be a very important partner. My short answer is – I don’t see the traditional “bank on the corner” going away any time soon. But I do think that the banking industry will continue to...
Fixed vs. Floating: Which type of interest rates float your boat?
As a business owner, when you obtain a loan should you take a fixed or a floating interest rate? This question has come up a lot lately when speaking with business owners. So I’ll tell you the same thing I tell them when they ask that question - “It depends.” (Don’t...
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