GBC Mobile Banking Enhancements

Volume 43
Number Two
June 2014
notes
GBC Mobile Banking Enhancements
Greenfield Banking Company’s new mobile banking site is here! If you don’t
have an iPhone or Android (for which there are GBC mobile apps), you
can now use the new and improved mobile site and experience its easy
navigation. To find our new mobile site, simply search for Greenfield Banking
Company in the browser on your mobile device. (If you have visited our old
mobile site on your device previously, you may need to clear the search
history for the brand new site to come up).
In this issue:
Art Gallery
Current Contact Information
With our new mobile site you can login to Pocket Banker (mobile NetTeller),
find our locations and hours, contact us and receive any current alerts. You
can also enroll in NetTeller from our new mobile site.
You don’t have to have a specific mobile device to experience the ease and
convenience of Greenfield Banking Company’s Mobile Banking!
Home Improvement Loans
NetTeller PIN Reset
Investment Management & Trust
Services: Social Security Planning
Community Events:
Community Drug Toss Day
Legacy Cinema Free Family Film
Festival
Promotions
Milestones
Retirees
GBC Guardian is a new service we are offering to further protect your accounts. This service gives our
cardholders the ability to receive text alerts to help identify potentially fraudulent transactions on their GBC
debit cards. Cardholders can receive text alerts to their cell phone for their enrolled KeyCard Debit Card,
HSA Debit Card, ATM Card & Equiline Debit Card. Multiple devices (up to 10 per card) can be enrolled to
receive the alerts.
This service has a complex system for helping to identify transactions that could be fraudulent and works
in addition to our regular fraud department. Here’s how it works:
When a transaction triggers an alert, a text message is sent to the enrolled
phone number describing the transaction.
The text receiver can either:
1) Ignore the message and this indicates that it is a legitimate transaction, or
2) If it’s an unauthorized transaction, respond precisely as instructed in the
text message. If you respond with anything different than instructed in the
text message, the system will not recognize it and your reply will be
ignored.
The system allows the cardholder up to 12 hours to respond. “Do Not Disturb”
time can also be set up, during which messages will be held for later reporting.
To enroll in this service for added protection, just click on the link on our website
and follow the directions: www.gbcbank.com
GREENFIELD BANKING COMPANY
As always, please contact your favorite branch should you have questions concerning this and any of our
other services.
Artwork By Pam Newell
Greenfield Banking Company’s Art Gallery will feature the artwork of Pam Newell during May and June, 2014.
Pamela C. Newell works in both pastel and oil, and her work is recognized in national and regional juried competitions
including the Hoosier Salon, Indiana Heritage Arts, the Richmond Art Museum, Chicago Pastel Painters and Cincinnati
Viewpoint. Specializing in impressionistic style paintings of landscapes and still life, her expressive work reflects a love
of nature. She uses rich color to describe light and mood of the moment in her plein air and studio work. The Fishers
artist is a workshop instructor throughout the region and a faculty member of the Indianapolis Art Center. Her oils and
pastels have earned the Indiana Artisan designation. In 2011 her pastel painting “In The Heartland” was presented to
Lt. Governor Becky Skillman on behalf of Indiana Artisan and was displayed in the Lt. Governors’ statehouse office.
Newell’s work was juried into the 2012 American Impressionist Society National Juried Art Exhibition and into the
Indiana Plein Air Painters Association’s Painting Indiana III project in collaboration with Indiana Landmarks. Published in
2013, by Indiana University Press, this book showcases Hoosier artists of the past along with the work of living artists,
celebrating the history, art and architecture of Indiana.
Pam Newell
Newell earned her BFA from the University of Massachusetts, Dartmouth. Galleries include The Hoosier Salon Gallery, Indianapolis and The Brown County Art Guild,
Nashville. She is a member of the American Impressionist Society and Oil Painters of America.
Artist’s Statement: The versatility of working in both pastel and oil allows me to express myself in singular ways enriching my work, and adding to my growth as an artist.
Plein air painting has become a passion; except on the days when the weather is really bad. On those days I can be found painting from a still life in the studio, or creating
a larger painting from a plein air study.
Oil allows me to quickly capture the fleeting light and spirit of the subject outdoors. I find the textural quality of oil exciting and I like to build up an “impasto” in the lighter
areas. I especially enjoy the unexpected effects that can be achieved with a palette knife. Most of my pastels begin with a transparent water-media under-painting, in a
complementary color that sparkles through and contrasts with the opaque strokes of pastel. I apply pastel with broad strokes as if I were using a brush. The pure colors
and refractive qualities shimmer on the surface of the sanded paper I use. By layering, blending, and placing colors side by side, the pastel painting shimmers with
iridescent luminous color. I strive to capture a mood or a moment in time by describing only the essence of a subject leaving out unnecessary details, inviting the viewer to
interpret the art through their own experience. Pamela C. Newell: email: [email protected] website: www.pnewellart.com
The public is invited to view Pam Newell’s artwork in Greenfield Banking Company’s Art Gallery during May and June, 2014. The Art Gallery, located on the second floor of
the Main Office, 1920 North State Street, Greenfield, IN is open to the public during normal business hours: M – TH, 9 – 5; Fri, 9 – 6; Sat 9 – Noon.
!
Do We Have Your Current Contact Information?
Is there a number we may reach you at any time?
Here’s why it’s so important:
1) We may need to contact you regarding suspicious or fraudulent
activity on your account (ex. fraudulent Debit card transactions or
check fraud).
2) We want to ensure you receive your monthly, quarterly and
year-end statements. The US Postal Service will not forward mail
from your financial institution.
Please contact any of our seven convenient locations to verify that we
have your current information.
Main Office
1920 N State St
Greenfield, IN 46140
317-462-1431
Cumberland Office
12140 E Washington St
Cumberland, IN 46229
317-894-4500
Downtown Office:
10 E Main St.
Greenfield, IN 46140
317-467-7200
Fortville Office
111 W Broadway
Fortville, IN 46040
317-485-5181
Meridian Road Office
51 N Meridian Road
Greenfield, IN 46140
317-462-0971
McCordsville Office
7363 N 600 W
McCordsville, IN 46055
317-335-7440
New Palestine Office
5783 W US 52
New Palestine, IN 46163
317-620-2200
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Is Your Home In Need Of Attention?
Our winter was harsh but warmer weather is now upon us.
Is it time for replacement windows, need a new roof or
landscaping? Perhaps a room addition, kitchen/bath remodel
or that pool you’ve always dreamed of? Greenfield Banking
Company offers competitive rates on Home Improvement Loans.
Contact one of our Loan Officers and see how we can assist with
financing your home improvement projects: Large or small!
Did You Know?
You can create a predetermined PIN Reset Question
for your NetTeller account. And, why? Taking this step
can expedite access to NetTeller in the event you are
unexpectedly locked out of your account.
Here’s how…
NOW: Visit our website: www.gbcbank.com
On the Home Page and within the “Online Banking” section Log In to
NetTeller. Next, click on the “Options” tab.
Under the section of “Modify Personal Settings” enter a “PIN Reset Question” and a
“PIN Reset Answer”, then scroll down and select “Submit”.
LATER: If a NetTeller user is locked out of the system follow these steps…
Select “Reset Pin” on the Log In screen. This will prompt a screen requesting your
predetermined “PIN Reset Question” to appear. Provide the information requested: 1)
Your predetermined “PIN Reset Answer” and 2) Your email address and a subject line.
An email will be generated with the subject line you chose with a web link.
Your PIN will be reset to your “original” password, which is the last four digits of your
Social Security Number (SSN). By using the last four digits of your SSN to Log In, a
prompt will occur to change your PIN. Don’t delay in responding: Users only have two
hours to respond to the email.
Investment Management & Trust Services...
Social Security Planning: Is It Necessary?
Social Security is one of the most popular programs the federal government has ever put into place. In total, about 57 million Americans received retirement, disability,
or survivors’ benefits during 2012 at a cost of about $786 billion. Social Security retirement benefits were received by nine of 10 people age 65 or older during 2012
and were a major source of income for more than two-thirds of retirees.
It may not be surprising in light of the financial challenges Americans have faced during the past few years, but the percentage of people claiming Social Security
retirement benefits at the earliest possible age increased by more than 2 percentage points between 2007 and 2009. According to one expert, 41 percent of men and
46 percent of women receive the smallest possible retirement benefit available to them because they claimed early at age 62.
While some Americans may have had little choice about when to claim benefits, it’s important for those who do claim these benefits to plan and make informed
decisions because Social Security retirement benefits are more complex than many understand. On his website, Boston University Economics Professor Laurence
Kotlikoff pointed out:
“Social Security offers retirement, spousal, widow, widower, child, mother and father, and divorcee benefits. It has highly complex benefit
formulas which include wage indexation of past covered earnings, benefit-specific reduction formulas for collecting benefits early, an earnings
test, deeming provisions that limit when married and divorced people can take particular benefits, delayed retirement credits, credits for getting
hit by the earnings test, indexation of benefits to inflation, a family benefit maximum, a “file and suspend” option permitting you to collect free spousal
benefits while you defer your retirement benefit, the option to start your benefits early, suspend them, and restart them later, Windfall Elimination and
Government Pension Offset provisions that limit retirement and spousal benefits available to workers with non-covered employment histories,
and the list goes on.”
Is it worth the effort?
Some Americans are skeptical about whether Social Security benefits will be available when they reach retirement age. Social Security’s reserves, which were built up
over three decades when the system took in more revenue than it paid out, are expected to be depleted sometime in the early 2030s. Once reserves run out, the tax
revenue that funds Social Security will cover just three-fourths of scheduled benefits.
There are a variety of options that might help keep Social Security viable including revising benefit formulas, raising taxes, raising the cap on taxable income,
increasing retirement age, or some combination of all of these. Regardless of the challenge and the expense, the vast majority of Americans want to see the program
continue, according to a 2013 study by the Pew Research Center. In fact, 90 percent of Americans want spending on Social Security to remain as it is or increase.
Americans’ reasons for wanting to preserve Social Security often are personal; however, the AARP (formerly the American Association of Retired Persons) recently
argued there are economic reasons for keeping the program in place, as well. A study released by the AARP Public Policy Institute suggested Social Security payments
during 2012 supported about:
• 9.2 million jobs
• $1.4 trillion in economic output (goods and services)
• $774 billion in value added (gross domestic product)
• $370 billion in salaries, wages, and other compensation
• $222 billion in tax revenues for local, state, and federal governments
The study also pointed out a significant portion of these benefits might be offset if the Social Security program was modified. In that circumstance, payroll taxes that are
currently withheld from workers’ paychecks would drop and the take-home pay of many Americans would increase. It is uncertain whether the money would be spent or
saved.
Social Security planning
Whether you believe Social Security retirement benefits could or should be modified, it’s important to understand the options available to you, as well as the role
benefits may play in your overall retirement plan. In some cases, particularly when it comes to spousal benefits, maximizing social security income can be quite
complex. Here are some basic questions you may need to answer before you make any decisions:
• At what age can you receive full Social Security retirement benefits? (Hint: If you were born after 1943,
it’s not age 65.)
To schedule a free appointment, please
• How much will your potential retirement income change if you choose to receive benefits early or late?
contact
our Wealth Advisor, Jason White.
(If you had maximum taxable earnings and live to age 85, the difference between early and full benefits
received over a lifetime is tens of thousands of dollars. The difference between early and late
benefits is more than $150,000.)
• Can your spouse, who doesn’t work outside the home, receive Social Security benefits while you’re alive?
• If you and your spouse both work, when should you apply to receive the highest benefits possible?
• How will earnings from work during retirement affect my benefits? (Hint: It depends on the age at which you
take benefits.)
Recent studies have found few people understand the dollar value of the decisions they make about Social Security
benefits. Social Security planning ensures you understand the amount of income Social Security may provide in various
circumstances and develop strategies that can help maximize the benefits you receive. For couples, making the most of
spousal retirement benefits generally requires decisions about when to collect Social Security benefits be coordinated
and considered within the context of other retirement income sources.
Financial planning is a process
The pursuit of financial security is an ongoing activity. If your goal is to maximize retirement income, then Social
Security planning should be a component of your retirement strategy and overall financial plan. Of course, like any
other plan, it may need to be modified as your personal circumstances change or as government regulations are
altered.
Jason White, JD, AAMS, CPWA®
Assistant Vice President
Certified Private Wealth Advisor
Trust Officer
Greenfield Banking Company
1920 N State St, Greenfield, IN 46140
317-467-7037, x229
[email protected]
www.gbcbank.com
If you would like to learn more about maximizing Social Security retirement benefits or developing a plan for your
financial future, please call or email me to schedule an appointment.
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Community Events
Greenfield Banking Company and Neighborhoods Against
Substance Abuse (NASA) are again partnering to provide a
“Community Drug Toss Day”. Drop off your unused or expired
medications for safe disposal. Last year’s event collected
nearly 500 pounds of medications!
Greenfield Banking Company announced the
following promotions, January 1 - May 15, 2014:
The following employees were recognized
for employment milestones in
March, April and May, 2014.
V
K
K
J
ickie Mattox,
Main Office,
has been named
Senior Vice President.
Community Drug Toss Day
Saturday, August 16, 2014
9 am - Noon: Participating
locations listed below
No drop-offs will be accepted
Responsibly and Safely
prior to or after this event.
for Our Environment
Law enforcement officers will be
present to accept the medications. Medications and any
personal information on labels, such as name, address, etc.
will be destroyed in the form of incineration, at an
environmentally safe site. Medications are in the possession
of law enforcement until incineration.
•
•
•
•
•
Milestones
Promotions
athy Trautmann,
Main Office,
was recognized on
March 13, 2014 for
10 years of service.
athy Trautmann,
Main Office,
has been named
a Vice President.
ason White,
Main Office,
was recognized on
March 23, 2014 for
5 years of service.
B
rad McClarnon,
Main Office,
has been named an
Assistant Vice President.
Main Office, 1920 N State, Greenfield, IN
Cumberland Office, 12140 E Washington St.,Cumberland, IN
New Palestine Office, 5783 W US 52, New Palestine, IN
Fortville Office, 111 W Broadway, Fortville, IN
McCordsville Office, 7363 N 600 W, McCordsville, IN
K
elly Myers,
Meridian Road
Office, was recognized
on April 7, 2014 for
5 years of service.
J
enna Gannon,
New Palestine Office,
has been named an
Assistant Cashier.
L
orri Hughes,
Fortville Office,
was recognized on
April 8, 2014 for
5 years of service.
A
ngela Neff,
has been
named Manager
of the Main Office.
Greenfield Banking Company
is pleased to serve as a sponsor of the
T
ammy Craig,
Fortville Office,
was recognized on
May 4, 2014 for
5 years of service.
M
2014 Legacy Cinema
Free Family Film Festival
Each Wednesday: June 4 - July 30, 2014
Showtimes: 10:00 am
ary Buck,
has been
named Assistant
Manager of the
Main Office.
The Free Family Film Festival
features a selection of PG rated films.
K
ellie Johnson,
McCordsville
Office, was recognized
on March 2, 2014 for
5 years of service.
A
nita Turner,
has been
named Assistant
Manager of the
Cumberland Office.
For a complete listing of shows visit:
www.legacycinema.com
P
olly Simmons,
Main Office,
was recognized on
April 7, 2014 for
5 years of service.
Photos withheld by request.
Retirees
M
artha Mundy,
Main Office
Bookkeeping
Department, retired
on May 13, 2014
with 14 years of
service.
L
ou Jones,
Main Office
Investment
Management & Trust
Services Manager,
retired on May 31, 2014
with 4 years of service.
J
anet Shannon,
Cumberland Office
Assistant Manager,
retired on June 4, 2014
with over 34 years of
service.
P
am Seely,
Main Office Teller,
retired on March 31, 2014
with over 31 years of
service.
GBC congratulates our officers and milestone recipients and extend best wishes to our retirees.
We thank all for their dedication and service.
GBC Notes is published quarterly for customers of Greenfield Banking Company to provide information
about the Bank, educational banking tools and community involvement. This newsletter is published solely
for informational purposes and we believe its contents to be reliable but acccuracy is not guaranteed.
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Published by:
Greenfield Banking Company, Marketing Department
1920 N State St., Greenfield, IN 46140
(317) 462-1431, x264 or x290 www.gbcbank.com

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