Convenient Services to make your life easier!

The Montana lifestyle is a busy one! To help make banking easy and convenient, we are proud to offer products and services that allow you to bank when, where and how you want. Here are some of our top convenient services:

Card Protect

Let’s say that you lose your wallet or even worse, that it is stolen! Did you know that you can get on your phone or tablet or computer and you can TURN OFF YOUR DEBIT CARD? Seriously, it is so easy to block your card so no one can use it until you turn it back on!!

Easy, safe, and gives you peace of mind about your money.  To learn more, click here.

Stockman Bank: Card Protect

E-statements

You don’t have to get paper statements through snail mail. Sign up to see your accounts when it is most convenient for you. We’ve made it easy to change from receiving a printed statement to an eStatement. To learn more, click here.

eStatements

A FREE, safe and secure method to receive your statements online!
-View, print and/or save for easy sharing with your accountant or for long-term storage
-Access up to 24 months of statement history from initial setup
-Avoid mail fraud and mail theft

Mobile Deposits

Can’t get to the bank or don’t want to waste a stamp? Then use our mobile deposit feature for depositing checks!  Mobile deposit is part of our mobile banking app that allows you to deposit checks to your savings or checking account remotely by capturing an image with your phone or tablet.

To use, launch the Stockman Bank app and log in. Endorse the back of the check “for mobile deposit only”, list the account number to be deposited into and sign the check. Choose the account where your funds will be deposited. Enter the amount of the check which must be more than $1.00.  Take a photo of the front and back of the check. Once both sides are captured correctly, click Confirm.

You can check the status of your deposit anytime!
(Limits are $2,500.00 per check with a daily remote deposit limit of $2,500.00.  Mobile deposits are not open to everyone.  You may need to meet certain criteria to participate.  Please check with your banker for more information.)

Stockman Bank: Mobile Endorsement

 

Fraud Protection/Alerts

Fear no more about the safety of your checking account!

We now offer a convenient way to keep you informed about your checking account and debit card through text messaging and/or phone calls. If our system detects suspicious activity on your debit card, you will receive a text message and/or a phone call about the suspected transaction. All you have to do is respond to the text to confirm the transaction. If you indicate that the transaction is fraudulent, you will receive another message with a number to call for follow-up. If not, then you are all set! The system will mark the transaction as legitimate and you can get on with your day.

Don’t have a mobile phone number? Then we will call you directly to verify activity on your account. And don’t forget – with our debit card feature CardProtect in our mobile banking app, you can turn your card on and off. If you lose your debit card, simply turn your card off. When you find it, turn it back on!

Stockman Bank: Lost Wallet

Look for new and exciting features coming in 2019!

Stockman Bank: Disclaimer

Missoula Group Photo

Questions to Ask When Choosing Your Financial Advisor

By Eric George, Executive Director, Stockman Wealth Management

We all have a need to build our wealth. By this, we mean saving for retirement, college, and investments. At Stockman Wealth Management, our group is here to help you achieve your personal financial goals and objectives.

Missoula Group Photo

Choosing a Financial Advisor

Choosing a financial advisor is not all that different from choosing a doctor. We seek out doctors to guide our healthcare decisions and we trust that they use their expertise in our best interests. Specifically, we expect that the treatments they prescribe are the best solutions to our individual ailments.

Finally, we expect that these doctors are not paid by the creators of those treatments (usually drug companies) to prescribe one treatment over the other and not to prescribe any unnecessary treatments.  Of course, we are willing to pay a fee for this trusted service as healthcare is a critical aspect of life. When the decisions are critical enough, we may seek a second opinion because not all doctors are the same.

In the end, healthcare typically works because physicians have a fiduciary duty to their patients. This duty is defined as a legal obligation for one party to act in the best interests of another. Financial advisory services are similar to the medical model.  You seek an advisor to diagnose and treat your individual financial situation.  You also trust that advisor to place your best interests ahead of his or her own.

This analogy breaks down because unlike physicians, not all financial advisors are required to act in a fiduciary capacity. Additionally, financial advisors may have different certifications, forms of compensation, and widely varying philosophies. Unfortunately, you can’t expect a full breakdown of fees from all advisors like you can on the bill and insurance statements from your doctor.

This means that the burden of finding the right financial advisor is on you. I have written some questions that you can take to your next financial advisory meeting or even if you are seeking a second opinion!

SWM Group Photo

Questions for your next financial advisory meeting:

  1. Will you clearly outline all of your fees in writing? Transparent fees are preferable in any business but are especially important in the financial services industry (where products and services may be laden with multiple levels of fees).  Be certain your advisor can provide detailed cost explanations associated with any services or products.  Common examples are the commissions and internal operating expenses often associated with mutual funds.  These fees may be in addition to your advisor’s fee.
  2. If you are paid by anyone else to give investment advice to clients, then are you paid to recommend certain products or services? Understanding who (besides you) pays your advisor helps you ascertain if their recommendations are in your best interest or are the result of a specific compensation arrangement with another party.
  3. Do you receive commissions or transaction fees as part of your compensation? Again, if someone is incentivized to sell investments then you must delve deeper in to how they manage accounts in order to make certain they put your interests ahead of their own.
  4. Is your fee schedule negotiable? Some advisors may have the latitude to customize their fee schedule based on your specific needs. It certainly never hurts to ask!
  5. Do you have an hourly rate or flat-fee option as an alternative to an annual fee? Some financial services like financial planning can operate efficiently under an hourly rate or flat-fee arrangement, other services work better under an annual fee arrangement. The downside considerations are that flat fee advisors have an incentive to spend as little time as possible on your project while hourly rate advisors have an incentive to drag it out.

Choosing the right financial advisor is a big step into investing in your future. Give us a call at Stockman Wealth Management if you have any questions. We’re here to help!

Wealth Management Disclosures

Stockman - New Homepage

Our website has a new homepage!

If you are having trouble accessing the new homepage, you need to clear your cache (browsing history, cookies). How to clear your cache depends on the browser you use on your desktop computer or your mobile phone.

FOR DESKTOP COMPUTERS

If you use CHROME:

Chrome Screenshot

If you use INTERNET EXPLORER:

Internet Explorer Screenshot

If you use FIREFOX:

Firefox Screenshot

FOR MOBILE PHONES

If you use an iPHONE:

  1. Go to Settings
  2. Scroll down to Safari
  3. Then select Clear History

If your phone’s browser is CHROME:

  1. Click on the three dots
  2. Click on History
  3. Then select “Clear Browsing Data”
  4. Click on the “Clear Browsing Data” button

If you are still having issues getting into the website or logging into your account, please contact Central Customer Service.

Our Central Customer Service hours are 7:30 AM – 5:30 PM, Monday through Friday, and 9:00 AM – 1:00 PM Saturdays, excluding bank holidays.

Give us a call at 1-877-300-9369 during these hours to speak to one of our friendly representatives.

Resolution List

It’s 2019! It might be time for a financial checkup.

Stockman Bank: Annie BankerBy: Annie Banker, Vice President/Branch Manager Great Falls Downtown

Wow – Another year has flown by! Where did the time go?! And where did all my money go? As a new year begins and, with tax season near, the timing couldn’t be better for a “Financial Checkup”!

You may start by asking: Did I meet my financial goals last year? What are my goals for this year? Some folks are just now realizing they should be setting goals at all. Empower yourself by taking control of your financial future!

Depending on what stage you are in life, your financial goals will vary. Some people are planning to get that auto loan paid off, while others may be saving for a down payment on their first home. Still others may be trying to squeeze in that extra percentage to put towards retirement.

Truly, our financial goals should be tended like the flowers in our garden (isn’t it springtime somewhere?).

Resolution List

Budgets

If you follow a monthly budget, now is a good time to review and update it. Starting from scratch? Try it out!

Setting a budget to track and limit spending can be a very useful tool. “A penny saved is a penny earned” may be an old adage, but it’s never outdated. It takes discipline to follow a budget, but the payoff (pun intended!) may be that you finally get going on that emergency fund or pay down those ugly credit card balances. A great way to get started is to enroll in online/mobile banking. It’s an easy way to manage your money, deposit checks and pay your bills 24/7.

More “check-up” tips:

  • Get your annual free credit report and address any issues there.
  • Considering a consolidation loan? Interest rates are still low! Give a call to your nearest Stockman Bank branch to learn more.
  • Review income tax withholdings: recent tax code changes may warrant an adjustment.
  • If you are self employed, are you prepared for possible tax liability? Are you taking advantage of every deduction allowed? Consult your tax professional with questions!
  • Review insurance coverages and premiums: money saved here could go into savings or to pay down debt.
  • Estate planning – any changes needed?

Couple Budgeting

Keeping up on your financial health should be an important part of your everyday life. Maintain focus and keep your eye on the prize. It will “pay off” in the long run! From all of us at Stockman Bank, Happy New Year! We wish you a prosperous 2019!

Stockman Bank Disclosure - 440094