Piggy Bank with Mask

It’s never too early to learn about money!

As our children wrap up their last week of school at home, parents can continue their learning beyond the virtual classroom and teach some life lessons along the way.

Piggy Bank with Mask

ABC’s of money management

Teaching children the ABC’s of money management at a young age creates life-long habits of financial responsibility.

To help you get started, check out these great tips from the American Bankers Association:

  • Talk openly about money with your kids. Communicate your values and experiences with money. Encourage them to ask you questions, and be prepared to answer them — even the tough ones.
  • Explain the difference between needs and wants, the value in saving and budgeting and the consequences of not doing so.
  • Set up a chore chart and give your children an allowance for completing their tasks. Require them to save at least a small portion each week. The three jars method, one for spending, one for saving and one for charitable contributions is a good way to impart a sense of responsibility.
  • Open up a savings account at your bank for your children and take them with you to make deposits, so children can learn how to be hands-on in their money management.

Mom and daughters saving money with piggy banks

  • Be an example of a responsible money manager by paying bills on time, being a conscious spender and an active saver. Children tend to emulate their parents’ personal finance habits.

With summer just around corner, this is a great time for families to start some fun savings and money management projects. Adopting good savings habits now, will definitely benefit your children in the long run.

We celebrated National Teach Children to Save Day on April 24 with our very own Stockman bankers Tony Breding and Laurie Philipps of our Conrad location. They were creative in teaching a fun savings lesson designed for pre-school to grades K-6. So, gather your children for a video tour of our Conrad bank, and some fun tips and stories about setting goals and saving money.

Teach Children to Save

Bank Disclosures

Headframe Spirits

Focus on Small Business – Headframe Spirits

Meet John and Courtney McKee, the entrepreneur couple who created the idea of Headframe Spirits in 2010, opening their tasting room in 2012. They produce and sell spirits with names based upon the local mining history and lore of Butte America; Neversweat Whiskey, Anselmo Gin, Destroying Angel Whiskey, High Ore Vodka, and the famous Orphan Girl Bourbon Cream Liqueur.

The Pivot

Recent events have shown that John and Courtney fit right in to the Butte community which was built by the strong work ethic and spirit of our Nation’s immigrants and entrepreneurs. Through their tenacity they quickly pivoted Headframe Spirit’s business model and began making hand sanitizer to fight Covid-19. To date they have produced and packaged 7,500 gallons which equates to more than 40,000 bottles. All of this while keeping cost 60-500% lower than other companies nationwide, and donating over $15,000 worth of hand sanitizer to first responders, front line personnel, hospitals, non-profits and local government offices.

Boxing Bottles

The Headframe team boxing up hand sanitizer.

Not only has the production helped front-line workers, but it has also kept their employees working at a time when nearly 43% of distillery employees nationwide have been furloughed.  They have also been able to increase each employee’s hourly wage to compensate for lost tip income from their tasting room. Courtney is also helping the American Craft Spirits Association outline protocol for distillery tasting rooms to safely open their doors and operate across the country.

Spray Bottle Charlie's Angels

These three keep us safe with sanitizer!

Commitment to Community

A commitment to the community is nothing new to John and Courtney. In 2017 Headframe Spirits became a Certified B Corporation and joined other businesses as a force for good. Corporations with this designation are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.

B Corporations are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy. They are one of only a handful of companies in the state to earn this designation.

When it is business as usual at Headframe Spirits in addition to the distillery and tasting room, Headframe Stills Manufacturing creates distillation equipment for distilleries around the world. The unique continuous distillation concept was born out of John’s experience in the biodiesel industry and is now in high demand for distillers far and wide. Creating a large scale production manufacturing business, using local malted grain personifies the creativity and knowledge these two people bring to our state and especially to Butte.

Enjoy the story of Headframe Spirits as told by Courtney and John.  And the next time you visit Butte America, be sure to stop into Headframe Spirits and say hello.

 

Bank Disclosures

 

Thank you!

A Heartfelt Thank You

As we slowly begin to reopen our great state, after weeks of “sheltering in,” we are learning how strong, resilient and caring we are in Montana. It has truly been inspiring to watch all of us come together, united in our efforts to collectively reduce the spread of the virus. It has required isolation, sacrifice, commitment and dedication, but we are persevering together and for that, we are truly grateful.

 To our customers, we thank you for your patience, understanding and willingness to embrace new ways to bank, by appointment and using our walk-up and drive-up facilities, as well as our online and mobile banking services. It has been a very difficult and challenging time for many of you, so don’t forget that we are here to help.

Billings King Avenue drive-up

 

To our employees, we thank you for coming together to assist where help is needed. Whether it was helping out with a very busy drive-up, answering phones, working 24/7 on Paycheck Protection Program loans and opening new accounts, you did it with a smile and positive attitude. We appreciate all you do each and every day for one other and for our customers.

Thank You - Central Loan Dept

 

To our front-line first responders and health care workers, we thank you for making a difference in this world and helping those in need. We appreciate the long hours, risks taken and the true grit you exude everyday in your life as you work to save your patients from this cruel virus.

Ambulance in drive-up

From our Stockman family to yours, we are proud to live and work alongside you each and every day. As our CEO Bill Coffee stated, “During our nearly 70-year history, through ups and downs – market swings, wars, and natural disasters – we have weathered many storms together. We will weather this storm too.”

They say a picture is worth a 1,000 words. In this case, it’s a video as words cannot fully express how thankful we are to all of you for your dedication and selfless service over the past few months.  Thank you for doing your part! We are truly Montanans serving Montanans.

Our gift to you; a special song and video, titled “Montana”, written and performed by one of our very own, Sam Hould, Facilities and Security/Safety Officer, and his band, Top Shelf Racket.  Sit back, relax and enjoy!