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Newsletter 2021 1st Quarter

Inside This Issue:

Message from the President

It’s a new year and I hope this message finds you and yours doing well.  Certainly 2020 was a year many have referred to as unprecedented and for many, many reasons.  Our personal lives and our business lives have all been impacted by the COVID-19 pandemic in some way or another it seems.  What I can say is that the team here at The Peoples Community Bank is devoted and committed to serving our communities during good times and in challenging times and they have shown that this past year once again.

Since joining the bank in late September 2020, I’ve had the opportunity to get to know these hard working and dedicated employees and the work they do to support our communities.  I’ve also had the great pleasure to meet with several of our customers and look forward to a time when we can do that much more freely!  Many have inquired and so for those that I have yet to meet I’d like to share a little about myself.  I have been in community banking my entire adult life and continue to see the great value of having a community bank with local employees and local interests at heart and what a tremendous impact that can make.  I have relocated to the area with my wife, Heather, and three sons Maverick, Isaac, and Grant. We’re currently living in Spring Green while we look for permanent housing throughout the area.

As for The Peoples Community Bank, I am delighted to join such a wonderful team of experienced bankers and I look forward to continuing and expanding on the traditions that have been established before me.  We will continue to be a community bank that values your relationship, supports those in need, provides the products and services you desire, keeps banking simple, and continues to be a trusted partner in your financial life.

If I have not had the opportunity to meet you I look forward to that chance in the future and wish each and every one of you a healthy and prosperous new year!

Kevin L. Ravenscroft
President & CEO

2020 Food Drive Results

As is tradition at the bank, we kicked off our annual Fill an Empty Table Food Drive in mid-November 2020. There was a lot of uncertainty around how things would go considering all of the disruptions and hardships caused by the pandemic over the last year. Our lobbies had been open “by appointment only” during much of the year and with little to no traffic coming through each day we were reliant on donations coming in via our drive-ups. 

A few days before Christmas we tallied up all of the donations from customers and employees at each of our branches. We were amazed to see that we’d raised almost $10,000, nearly three times the amount that we’d averaged years prior. 

All told, along with the bank’s matching contribution of roughly $2,400, we were able to deliver checks to our local food pantries totaling over $12,000! These funds stay right here in our communities, making a difference in the lives of many of our friends and neighbors. Thank you to all who contributed – a reminder of what makes our communities special! 

Fraud: Fake Video Calls Are a Quick Score for Scammers

With so many organizations now working remotely, scammers are refocusing their efforts to spoofing popular video conferencing software, such as Zoom, Skype and Microsoft Teams. Video-conference themed phishing attacks can come in all shapes and sizes. For example, you may receive a phony welcome email that asks you to set up your new account. Or, you could receive an email claiming that you need to reschedule a missed meeting. As a more alarming example, you may receive a fake notice that your account has been suspended and you cannot join a meeting without first clicking the link in the email. 

No matter what tactic these scammers use, stay safe from video-conference themed scams by following these tips:

  • Never impulsively click on a link within an email that you weren’t expecting.
  • Check the from and reply-to email addresses. Watch out for domain misspellings such as “Zooom” or “Teans”, as this is a common trick used by scammers.
  • When you’re asked to log in to an account or online service, navigate to the official website and log in. That way, you can ensure you’re logging in to the real site and not a phony look-alike.

COVID-19 Resource Center

At the time of this article Congress has passed and the President has signed a 2nd relief bill that will provide additional funding for individuals and businesses financially harmed by the coronavirus pandemic. The details of the package, however, are still being sorted out. We encourage you to visit our COVID-19 Resource Center webpage, which we’ll be updating with substantive information about the bill as it emerges.