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Letter from the President, Dwight Marquardt

With a late spring, many of you are ready and anxious to act. Let CBNWI help you with spring and summer purchases or projects. Whether it is a new home, cabin, remodel, land, storage building, we have a solution to help you get your dreams. We can also work with you to buy a new car, boat, ATV or even a lawn mower. We are very interested in talking to our business clients and farm customers about any of your potential needs. Contact us for any and all of your individual needs.

Many of you have converted your existing checking and savings account to one of the new KASASA Accounts that we started offering at the end of February, and are reaping the rewards of free checking with benefits. This new product rollout has been a huge success with over 350 total KASASA Accounts converted and /or opened in the first few weeks. To those of you that have not taken advantage of these rewarding products, now is the time to act. Contact one of our Personal Bankers to get additional information and sign up. Don't wait to get your rewards.

As always, we truly thank you for your business and continued support.


Dwight Marquardt

Angie Ruid: Northern Wisconsin Housing Statistics

By no surprise we are seeing home sales down this year compared to last year. January through March home sales dropped by 116 compared to last year for the Northern Region of Wisconsin.* With the weather possibly impacting home sales both with below zero temps and the amount of snow Mother Nature brought to Northern Wisconsin there was not much activity these first three months of 2014.

However, those homes that did sell brought $33,000 higher in sales price on an average compared to last year.* So, looking ahead this may be a good sign of sales to come for Northern Wisconsin!

If you're looking to buy, with prices potentially on the rise, I'm right here to help you! Contact your local branch to get in touch with me or call me directly at the numbers below. I look forward to hearing from you!

For additional information on mortgage loans please contact Angie Ruid at 715-635-4505 or 715-520-3183.

*Statistics provided by Wisconsin Realtor Association.

Proud to Support Farmers

Spring is here!! FINALLY! Now that spring planting season is nearly complete and summer is almost here, let us help you with your operating costs such as fertilizing, spraying and harvesting. CBNWI offers competitive interest rates and flexible terms on our operating expense lines of credits for your operation. Stop in and visit with one of our knowledgeable lenders to find out more about our Agricultural loan products.

Also, remember to swing by our locations for June Dairy Month to help us celebrate and recognize all our farmers do.

New Partnership with Habitat for Humanity

In early April 2014, Community Bank of Northern Wisconsin began a partnership with Wild Rivers Habitat for Humanity based out of St. Croix Falls. CBNWI invested in the local communities by purchasing three mortgages owned and serviced by Habitat for Humanity. Dean Marquardt, CRA officer, facilitated the transaction with the help of bank management.

As part of this partnership, CBNWI staff members will be volunteering their time to help complete a home for Habitat this summer in Birchwood. We look forward to getting out into the community and giving back in a very meaningful way. Keep an eye on the website later this summer for news and photos of the Community Bank of Northern Wisconsin Habitat Build Day.

For those of you interested in making a tax deductible donation to Wild Rivers Habitat for Humanity, please visit their website at

Places to see CBNWI this summer:

Sign your child up for a Hunt Hill day camp, and get free transportation sponsored by CBNWI from our Spooner and Rice Lake offices. This is our second year providing this service and we are very excited to be able to partner with the Boys and Girls Club of Barron County to provide the service again this year. For more information, visit

CBNWI is again sponsoring the Saturday night artist at Aquafest this year! We are happy to announce that Billy Currington will be the artist on stage that night! Join us Saturday, June 14th at Rice Lake's 50th annual Aquafest! Go to for the full lineup of activities and artists!

In Ladysmith, CBNWI is again proud to sponsor the Northwoods Bluegrass Festival taking place at the Rusk County Fairgrounds June 13-14. We also get the honor of sponsoring the Northland Mardi Gras (July 17-20) Queen Coronation. For more information on both of these events, please visit

The Spooner Rodeo is July10-12 this year, with the Rodeo Parade capping it off on the 13th. CBNWI will be at the rodeo selling tickets and sponsoring the Nickel Scramble on Friday night. The Nickel Scramble, which starts at 6:30 on Friday night only, is a fun way for the kids to get involved in the excitement of the rodeo. For a full schedule of events for the Heart of the north Spooner Rodeo, go to We'll see you there!

These are just a few of community events that we will be participating in. We look forward to seeing you all at these events too! Have a great summer!

Angela's Corner: Spring Planting

With the melting of this year's stubborn snow pack, farmers are eagerly awaiting the start of the spring planting season. Busy with preparations; thoughts drift to projections of crop yields and concern over weather. Hours will be spent scrutinizing crop insurance coverage and commodity prices. Even more work will go into planting, caring for, and harvesting at the season's end.

Most of us work with the intention of eventually being able to take time off, retire, and 'harvest' the fruits seeded during our years of labor. But surprisingly few people take the time to look at what they can expect their retirement income to look like. Even fewer people have looked at what their income needs or wants will actually be in retirement. The earlier these questions are addressed, the more control you can have over the outcome. Adjustments in planning, savings, and investing now, can all have a great effect on your future retirement options, just as adjustments in seed choice, fertilizer, and water dramatically affect crop yields.

We have taken many clients through our Goal Planning and Monitoring System to give them a better understanding of their retirement income as well as a look at how adjustments in savings rates, investment returns, retirement age, and other variables can affect those projections. This process takes some of the most sophisticated analytics available and boils it down to an easy to understand, visual snapshot tailored to you. I recommend that you stop in to take a look for yourself so that you can see first-hand the power this knowledge can have in planning for a successful harvest!

Take care,

Angela Televandos

Rice Lake Office

1204 West Knapp St.

P.O. Box 169

Rice Lake, WI 54868

Office: 715-234-5002

Securities and investment advisory services offered exclusively through Raymond James Financial Services, Inc., member FINRA/SIPC, an independent broker/dealer, and are not insured by FDIC or any other bank insurance, are not deposits or obligations of CBNWI, are not guaranteed by the Bank and are subject to risk including the possible loss of principal. The RiverGroup and CBNWI are independent of Raymond James Financial Services.