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 Issue 07                                            OMB Connections                         January 2015
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Getting Down to Business                                  

Do You Want More Tax Money Back Every Year?

homeowner-couple2.jpgWould you like to get a 20% credit back on the interest you pay annually on your mortgage? Due to Old Mission Bank's agreement with the Michigan State Housing Development Authority, we may be able to help! The Mortgage Credit Certificate program is designed specifically for first time home buyers, or those in our community who do not currently own a home. This opportunity applies to the interest paid during the life of the loan. What does that mean? If you qualify, year after year you will receive a credit on your federal taxes for 20% of the mortgage interest paid that tax year. This will continue until your home is paid off! Stop in to see one of our lenders today as some limitations do apply. 

Account Passwords: What's in it for Me?
headset-man.jpgIf you were going away on vacation and had a relative or friend check on your house, would you leave your house unlocked or would you give them a key to unlock the door? Most likely, because of all the valuables in your home, you would lock your house and give the key to someone you trust. At Old Mission Bank, we ask each customer to set up a password and a password clue for the very same reasons.
  
We take the security of your personal information very seriously and use a variety of  methods to secure that information. One method is by obtaining a password from our customers. Your password is your "key" to access one of your most valuable items--your personal financial information. With a lot of personal information available on the internet, the former verification standards (social security numbers, mother's maiden name, address, birthday, etc.) are no longer enough to ensure we are speaking to the right customer. The password should be something only you know. We ask for a password clue to assist you in remembering the password you used. This is just another way Old Mission Bank is helping to protect your personal information and provide additional value as a customer.

Tax Season is Here...Protect Yourself from Tax Related Identity Theft

Tax season is here--it's time to get your files and forms in order. You may be well-versed in W-2s and 1099's, but do you know that an identity thief can mess up your tax files or even get to your tax refund before you can file for it?

 

woman-taking-notes.jpgTax-related ID theft can happen in a few ways; all of them involve your Social Security Number (SSN). If someone uses your SSN to get a job, the employer reports that person's income to the IRS using your SSN. When you file your tax return, you don't include those earnings. The IRS doesn't know those wages were reported by an employer you don't know, so the agency would send you a notice or letter saying you didn't report that income.

 

Sometimes an identity thief uses your SSN to file for - and get - your tax refund before you file. Then, when you file your return, IRS records show the first filing and the refund. You'll get a notice or letter from the IRS saying more than one return was filed for you.

 

If this happens to you - or if the IRS sends you any notice or letter indicating a problem - contact them immediately. Visit the IRS online or call 1-800-908-4490. Specialists will help you get your tax return filed, get you any refund you may be due, and protect your IRS account from identity thieves in the future.

 

One additional point: the IRS never starts contact with a taxpayer using email, text, or social media that asks for personal or financial information. If you get an email that claims to be from the IRS, do yourself a favor: don't reply or click on any links. Instead, forward it to phishing@irs.gov.

Employee Spotlight                                               
Wes, Sr. Loan Operations/Servicing: Employee of the Quarter, 3rd Quarter 2014

Wes has been part of the Old Mission Bank team since the bank opened its doors in 2000. He has 24 1/2 years of banking experience that started at Sault Bank in 1990. Wes is orignially from Algonac, Michigan and moved with his parents to Sault Ste.   Marie in 1988. Wes attended LSSU and graduated with a Bachelor's Degree in Business Administration.

 

Wes has been married to his wife, Bridget, for 8 1/2 years. Together, they have 2 sons--ages 6 and 2, and a 5 year old daughter. He also has 2 step sons--ages 26 and 25, and a step daughter, age 24. His family is rounded out with one step grandson.

 

Outside of work, Wes enjoys spending time with his family and playing Men's City League Basketball. Wes is a member of the First Church of Christ and the Son's of the American Legion and has assisted in coaching his daughter's T-Ball team.

  
Wes' vast knowledge of the banking industry and positive attitude are just two of the reasons he was awarded Old Mission Bank's Employee of the Quarter for the 3rd Quarter of 2014.
  
Deborah, Operations: Employee of the Quarter, 4th Quarter 2014
Deborah joined the Old Mission Bank team in June of 2013, bringing with her 25 years of banking experience. She is originally from Mt. Morris, Michigan; however, she moved to Sault Ste. Marie in 1984.
  
Outside of work, Deborah enjoys kayaking, camping, golfing, fishing, knitting/crocheting, and spending time with her friends and family. She also has two cats, Nyla and Hummer.
  
Deborah's great attitude and winning smile helped her to become Old Mission Bank's Employee of the Quarter for the 4th Quarter of 2014.
  
Anna, AVP/IT Manager: 2014 Employee of the Year
Anna has been part of the Old Mission Bank team for 13 years. During her tenure at OMB, she has established herself to be a significant asset to not only our Information Technology department, but our Operations department and our Teller Line as well.
  
Outside of Old Mission Bank, Anna and her husband of 16 years have 3 children, 1 girl and 2 boys, and  2 dogs--Max and Chloe. Anna also holds a seat on the board of the Chippewa County Crisis Pregnancy Center (Care Net Pregnancy Center).
  
Anna is described by her coworkers as "always willing to help with a smile and a great attitude." She has greatly impacted several of our departments by writing new and improved procedures for processing and is always able to be counted on to assist wherever she is needed. Because of these reasons, as well as several others not mentioned, Anna was voted Old Mission Bank's 2014 Employee of the Year.
  
2014 Employee of the Quarter/Year Recap
Picured to the left are Old Mission Bank's 2014 Employee's of the Quarter as well as our 2014 Employee of the Year (Left to Right: Ernie Ziemkiewicz, Della Smith, Wes Klier, Deborah Iser, and Anna Caldwell). All 5 were recognized for going above and beyond their job duties with a great attitude. So, if you see one of them the next time you are at Old Mission Bank, please congratulate them on a job well done!
 
In This Issue
Resolve to Back Up Your Digital Life
Click here to read an article provided by OnGuard regarding weekly back ups of all of your electronic personal and financial information. This is one New Year's Resolution that could save you time and money in 2015.

2014 Christmas
Adopt-A-Family
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Did you notice that starting in July, Old Mission Bank employees were dressed down on alternating Wednesdays? For those of you who are not familiar with this trend, we were raising money for our Adopt-A-Family program. Every other Wednesday, employees have the opportunity to pay $5 to wear jeans. This program was started several years ago to assist less fortunate families in our community during the Christmas season. For the past 5 years, we have raised enough money to assist two families each year. Once the families are chosen--either by staff recommendation or recommendation from the Diane Peppler Shelter--those families are notified and asked to compile a list of wants or needs during the holiday season. We then use the funds collected to provide the families with food, toys, grocery cards, clothing, household items, etc. On the Friday before Christmas, volunteer employees pack their sleighs (or in our case, cars) and deliver to the families. There are tears of joy and thankful smiles as the giving is received.

Old MIssion Bank employees donate year round to a number of charities, with the Christmas Adopt-A-Family program being just one. So, when you see us in jeans...you know we're doing it for our community!
Pack of Facts

If sharks turn upside down, they go into a coma.

 

President Kennedy was the fastest random speaker in the world with upwards of 350 words per minute.

 

In the average lifetime, a person will walk the equivalent of 5 times around the equator.

 

The king of hearts is the only king without a mustache.

 

Henry Ford produced the model T only in black because the black paint at the time was the fastest to dry.

 

Elephants are the only mammals that can't jump.

 

When snakes are born with two heads, they fight each other for food.

 

The citrus soda 7-UP was created in 1929; "7" was selected because the origninal containers were 7 ounces. "UP" indicated the direction of the bubbles.

 

Bob Marley gave the credit for "No Woman, No Cry" to a friend who ran a soup kitchen to ensure the royalty checks would keep it open.

 

The word "lethologica" describes the state of not being able to remember the word you want.

 

Mary Stuart became the Queen of Scotland when she was only six days old.

 

Flying from London to New York by Concord, due to the time zones crossed, you can arrive 2 hours before you left.

 

You burn more calories sleeping than you do watching TV.

 

Researchers have found that Einstein's brain was 15% wider than normal.

 

The first product to have a barcode was Wrigley's gum.

 

  
  
  

  
Old Mission Bank
2701 I-75 Business Spur
Sault Ste. Marie MI 49783
Main Office: (906) 635-9910
Pickford Branch: (906) 647-9910

  
Visit us at oldmissionbank.com today!

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