The Prime Times … · Presentation February 19 – An American in Paris March 25 – Spirited...

The Prime TimesThe Prime TimesWinter /January 2020

Celebrating the Prime of Your Life!

Calendar of EventsJanuary15 – Investing Primer

for the New Year Presentation

February19 – An American in Paris

March25 – Spirited Maple 26 – Spirited Maple

May15-22 – Black Hills

and Badlands

June3 – Evita25-29 – Mystery Tour26-30 – Mystery Tour

September 18-30 – Canada and New

England Cruise

Call us to check

availability! on our Black Hills and

Badlands tour and

Canada and New

England Tour

Continued on page 3

Continued on page 3

An American in Paris at Drury Lane TheatreOakbrook Terrace, ILWednesday, February 19th, 2020Enjoy an entertaining day at the Drury Lane Theatre in Oakbrook Terrace, IL with An American in Paris. Based on the Academy Award winner for Best Picture, An American in Paris brings breathtaking moments of dance and song to the stage. Come away with Jerry Mulligan, an American GI doing his best to make it as a painter in the bustling city of Paris following the end of World War II. The storied streets of the City of Lights become the dance floor to a ravishing and passionate voyage into art, friendship, and love. Set to the music of George and Ira Gershwin, this four-time Tony Award winner and Grammy Award nominee is sure to please.

Their Featured Menu: Mixed Green Salad – Mixed Greens, Tomato, Cucumber, Carrot, Radish, Herb Croutons, Ranch Dressing, Choice between 1) Grilled Chicken Breast with Marsala Sauce, 2)

Investing Primer for the New YearWednesday, January 15, 2020 – SBCP Madison Office, 455 S Junction Rd., Madison

Mark Drachenberg CFP®, Vice President and Senior Portfolio Manager

As an investor are you prepared for whatever effects the markets and economy send your way? Dealing with volatility,

market upheaval, political uncertainty, and other issues can cause investors to get sidetracked without solid planning. At this event we will quickly review 2019, take a look ahead at 2020, and discuss how to make sound asset allocation and investment choices that will allow you to ride through the ever-changing world of investing.

A familiar face in the industry throughout the Greater Madison Area, he has been with the State Bank of Cross Plains since 2004, where he leads the department’s investment function. He also plays a key role on the Bank’s Trust & Investment Committee.

A Madison native, Mark completed his undergraduate work in business administration at the University of Wisconsin – Whitewater, and earned a Masters of Business Administration degree with a finance focus from the University of Wisconsin – Madison. He has successfully completed a variety of Cannon Financial Estate

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President’s Message:Fellow Prime Time Plus Members:I can’t believe we are coming to the end of the year, but the snow on Halloween gave us good indication that it was coming. With the

end of the year drawing near, I have heard from many snowbirds that they are moving up their plans to go South. If this is you, best wishes for safe travels.Speaking of travels,

I have heard wonderful

reviews from

this

group about the fantastic trips they went on this year. The constant theme I hear is how much fun everyone had and how well organized the trips were. If you haven’t tried one of our trips, I encourage you to do so.As we get close to wrapping up the year, it is evident that 2019 will be remembered as an exceptional year. Without question, our largest occurrence was the merger of UB&T, which grew our bank family by 60 employees with five more locations in great communities. Another significant event was the completion of our beautiful brand-new Middleton office. We continue to receive frequent compliments on how this office turned out.From a financial standpoint, the bank has had a tremendous year. We will meet or

exceed our budget in all our critical areas of the bank, such as, net interest margin, noninterest income and containing noninterest expense. The entire team has done a fantastic job of creating long-term shareholder value for our 700 plus shareholders.Thank you for your involvement in our Prime Time Plus Club and your dedication to the success of the State Bank of Cross Plains.

Jim L. Tubbs President and Chief Executive Officer, State Bank of Cross Plains

Wednesday, March 25th, 2020and Thursday, March 26th, 2020

Enjoy a day of tasting in the Driftless Region. We’ll start our day off with a tour at B & E’s Trees. B & E’s Trees was founded in 2011, when Bree and Eric, fell head over heels for a small corner of land in Southwest Wisconsin. Since then they have grown in partnership with Central Waters Brewing Company and are now aging their delectable syrup in bourbon barrels. The resulting bourbon barrel aged maple syrup is rich, complex, and incredibly delicious. From a wild dream to an off-grid, delicious reality, B&E’s invites you to join them and taste the adventure!

Next, we’ll be on our way to the La Crosse Distilling Company. We will enjoy a delicious lunch followed by a tour of the facility. La Crosse Distilling Co. was created to capture the heart and history of the area, while producing handcrafted field-to-glass spirits.

Join us at their new geothermal powered distillery and tasting room where Genuine Wisconsin Spirit is captured in every sip!

Lunch Menu: Taco Bar– Smoked Pork Carnitas and Brisket Barbacoa, heirloom corn tortillas, salsa pasilla and salsa verde, diced onions and chopped cilantro with one of their signature cocktails.

Per Person Rate: $117.00 per member and $137.00 per non-member. Price includes deluxe motor coach transportation, tip for the driver, lunch and attractions. Full Payment is due at time of registration.

To RSVP, please complete the form included in this newsletter. It may be dropped off at any of our

locations or mailed to State Bank of Cross Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572.

If you have question or concerns regarding this tour, please contact: Lois Boehnen: 608-767-4752 or Terri Sutter: 608-416-4822 or [email protected]

All reservations will be taken in date and time order they are received.

Spirited Maple – The Driftless Region of Wisconsin

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Planning classes and has obtained his CERTIFIED FINANCIAL PLANNER™ certification.

5:30 p.m. – Registration and appetizers 6:00 – 7:00 p.m. – Presentation 7:00 – 7:30 p.m. - Questions

To RSVP, please complete and sign the registration form included in this newsletter. It may be dropped off at any State Bank location or mailed to State Bank of Cross

Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572. Please register no later than Thursday, January 2nd, 2020.

If you have question or concerns regarding the presentation please contact: Terri Sutter: 608-416-4822 or Lois Boehnen: 608-767-4752 or [email protected]


Investing Primer for the New Year Continued

Fraud Prevention Lunch and Learn

An American in Paris Continued

Parmesan Crusted Tilapia with Caper Beurre Blanc, or 3) 8 Finger Cavatelli with Creamy Marina, Mozarella, and Parmesan, Chocolate Ice Cream Sundae and Coffee, Iced or Hot Tea.


To RSVP, please complete the form included in this newsletter. It may be dropped off at any of our locations or mailed to State

Bank of Cross Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572.

If you have questions or concerns regarding this tour please contact: Lois Boehnen: 608-767-4752; Terri Sutter 608-416-4822 or [email protected]


Join us on Wednesday, April 15th or Thursday, April 23rd, 2020 for a lunch and learn on fraud prevention, presented by State Bank of Cross Plains experts. On Wednesday, April 15th, 2020 the Lunch and Learn will be held at the State Bank of Cross Plains Verona Office; 108 N Main St. Verona WI.On Thursday, April 23rd, 2020 the same presentation will be held at the State Bank of Cross Plains Madison West Office; 455 S. Junction Rd, Cross Plains, WI.Fraud is something everyone is seeing and hearing about these days. One of the most

important aspects of preventing fraud is to be aware of scams that are being used by criminals. In this presentation we will

cover 10 ways to prevent fraud, how to identity warning signs and how to react if you are the target of a scam. At this lunch and learn we will examine current scams used in recent years. Our goal is to educate you in an effort to

keep your finances safe and secure.12:30–1:00 p.m. - Registration & light lunch1:00–2:00 p.m. - Presentation2:00–2:30 p.m. - Questions

* In Verona, please park in rear of the building facing Walgreen’s and enter thru the back door closest to the drive-up lanes.

To RSVP, please complete and sign the registration form included in this newsletter. It may be dropped off at any State Bank location or mailed to State Bank of Cross Plains, attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572. Please register no later than April 1, 2020.



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June 25-29th, 2020 – Bus 1 (Cross Plains, Waunakee, Middleton Pick-ups)

June 26-30th, 2020 – Bus 2 (Verona, Mt. Horeb, Oregon Pick-ups)

Please note, for extended tours, we will choose 1-3 pickups which are centrally located per motor coach.

It’s time to think about our mystery tour. Where will we go – we’re really, not sure! So

many places we really don’t care. Mystery travelers have fun anywhere!

You’ll coast right along on this summer mystery tour! Enjoy a thrilling experience, see a dragon and experience life on the

wild side. Explore some unique dwellings on this mystery that is blooming with fun!

Mysteries are filled with thrills and surprises, new sights and unique destinations. Are you ready to add a little mystery to your life?

Grab your suitcase and come along, see what is included - you can’t go wrong. Entertainment, lodging and food galore, A smooth ride, attractions and much more!

Cost: Double $1,489.00 Single $1,802.00; Triple $1,469.00 per person. Non-members please add $75.00 per person. $200.00 deposit per person due upon registration to hold your spot.

The State Bank of Cross Plains has purchased a Group Protection Plan for all travelers on this tour. A copy of the plan document will be provided upon request.

To RSVP, please complete the form included in this newsletter. It may be dropped off at any of our locations or mailed to State Bank of Cross Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572.



Oakbrook Terrace, ILWednesday, June 3rd, 2020

Join us for an enjoyable day at Drury Lane Theatre in Oakbrook Terrace, IL with Evita. Based on true events, Evita tells the story of Eva Perón’s rags-to-riches life as she goes from poor provincial child to First Lady of Argentina. A champion of the working-class in Spanish to English translation, she uses popularity and politics to serve her people – and herself. Featuring some of Tim Rice and Andrew Lloyd Webber’s most iconic songs, including “Don’t Cry for Me, Argentina,” this musical masterpiece won seven Tony Awards, including Best Musical and Best Original Score. The 1996 film adaptation was nominated for five Academy Awards, winning for Best Original Song.

Their Featured Menu: TBA


To RSVP, please complete the form included in this newsletter. It may be dropped off at any of our locations or mailed to State Bank of Cross Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572.

If you have questions or concerns regarding this tour please contact: Lois Boehnen: 608-767-4752; Terri Sutter 608-416-4822 or [email protected]


Rolling Out Our 2020 Mystery Tour!

Evita at the Drury Lane Theatre

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Written by Dan Savage, Senior Vice President and Senior Trust Officer

Estate planning is defined as the process by which an individual, plans

for the acquisition, use, conservation, and disposition of property or wealth. The National Network of Estate Planning Attorneys offers a better definition:

“I want to control my property while I am alive and well, care for myself and my loved ones if I become disabled, and be able to give what I have to whom I want, the way I want, when I want, and, if I can, I want to save every last tax dollar, attorney fee, and court cost possible.”

Now that’s a tall order. If limited exclusively to the management of assets and liabilities, estate planning would be a simple matter, but like so many things in life, it’s not. Here’s why.

Emotion, sentiment, and even history are complicating factors. For example, it is easy to suggest that a business owner and spouse sell their business and invest the proceeds in order to enjoy a comfortable retirement of travel, leisure, and family before ultimately passing their estates to loved one. Make this identical suggestion to a surviving spouse, and memories of “sacrifice”, “hard work together”, and “the best years of our lives” will make this decision far more problematic.

Estate planning is further complicated, because some individuals equate it to a visit to the doctor: something to be avoided for as long as possible…potentially disastrous in both cases. Just as neglecting health needs can result in death or diminished quality of life, ignoring estate planning may create disastrous financial and family consequences for the individual and/or loved ones.

To better understand the importance of estate planning, let’s examine its underlying purposes, keeping in mind that a well-crafted plan includes two sets of primary objectives: 1) lifetime objectives and 2) death objectives.

Lifetime objectives include the following:

• Ensuring Replacement Income – Specifically, this means planning for replacement income in the event of retirement (planned)…or…disability (often unforeseen).

• Avoiding or Minimizing Income and Gift Taxes – Most individuals are properly focused on ensuring replacement income; however, wealthier individuals shouldn’t ignore potential tax consequences.

• Improving One’s Investment Package – The simple act of listing all of one’s assets and liabilities is often the first step toward a comprehensive review of his or her portfolio in years…perhaps ever.

• Ensuring the Integrity of Healthcare Wishes – Laws, emotion, and family issues may potentially create barriers to the execution of your wishes as they relate to your personal care. By executing relevant documents in advance, an individual can remove those barriers.

• Providing for the Successful Continuation and Ultimate Disposition of a Business. – For those who own one or more businesses, this is a particularly important consideration, because such entities profoundly affect a family’s financial well-being.

Death objectives include the following:

• Minimization of Death Taxes – Although no longer a concern for most individuals and families, some must be mindful in order to minimize taxes, thereby passing more to loved ones.

• Beyond Death Taxes for Wealthier Clients – I like this unknown quote: “It is a curious thing that our obsession with saving taxes has blinded us to the more

important aspects of estate planning and caused a serious misplacing of emphasis. When you have finished your work on earth and wish to provide for your loved ones after your death and avoid potential family squabbles over your assets, the most important matters facing you ought to be 1) the drafting of legal documents that will carefully set forth what you want to have happen with your assets, 2) the selection of an executor and/or trustee properly suited to the task, and 3) when there are minor children, the selection of proper guardians who have the necessary authority to act in the best interests of your children.”

• Ensuring that Beneficiaries Receive Their Intended Share of the Estate – This refers to the share that you intend for them to receive.

• Avoiding Family Disputes – This critical objective recognizes that otherwise harmonious family dynamics often degenerate into open warfare upon the death of a wealthy or dominant family member. Every family should be examined for this possibility, and when found to exist, corrective measures should be planned for.

• Support for Survivors in Time of Stress – Someone’s death is not the time to make important decisions about taxes, investments, business retention, and the disposition of personal assets. Proper planning ensures that these decisions are made in advance without duress.

• Increasing the Size of One’s Estate for Survivors – Poor or absent planning can reduce the size of an estate in many ways, including expenses associated with the transfer process, delays, and in some cases taxes. Careful planning minimizes the effects of these forces, thereby increasing the size of one’s estate.

Clearly, estate planning is more than a matter of dollars and cents. As always, be sure to work with an attorney who is an experienced trust and estate specialist.

“Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance isn’t as hard as you might think.” – Suze Orman

Estate Planning: Why Bother?

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Trip Photos

I hereby wish that the State Bank of Cross Plains not use photographs taken of me while attending any Prime Time sponsored trip or event, as well as my likeness in connection with these photographs, for use in any electronic or printed communications and for any in branch advertising, including State Bank of Cross Plains’ website.

Please fill in the information below and either drop off at any State Bank of Cross Plains location or mailed to State Bank of Cross Plains, Attention: Terri Sutter, PO Box 61, Mt. Horeb, WI 53572

_________________________________________________________________________Printed Name

_________________________________________________________________________Signature

_______________________________________Date

Prime Time Photo Opt-Out Form

A jammer car ride through Glacier National Park.

Sporting our derby hats at Churchill Downs.

Enjoying a cruise on Lake Lucerne, in Switzerland.

Riding horseback in Montana.

A rainy day in Amsterdam

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REAL ID requirementIt’s the last holiday travel season before REAL ID requirement goes into effect. Wisconsin Department of Motor Vehicle encourages travelers to update their driver license/ID ahead of October 1, 2020 deadline.Next year, holiday air travelers will face new identification requirements to board their flights. When enforcement of the REAL ID Act begins October 1, 2020, the regular Wisconsin driver license or ID will no longer be accepted identification for domestic air travel or to enter a federal building or military base. Travelers will need to present a REAL ID-compliant driver license or state ID card or another acceptable form of identification (such as a passport).“Holiday travel is hectic enough. This time next year, air travelers will need to show a REAL ID – such as a driver license or ID with the REAL ID star – or they will get turned away at the TSA checkpoint. Wisconsin DMV has tools to help make getting the designation on your driver license or ID easy,” Wisconsin Division of Motor Vehicles (DMV) Administrator Kristina Boardman said.DMV customers should start online: wisconsindmv.gov/REALID to prepare the paperwork, make an appointment at the DMV and reduce their time in line.What documents are required to get a REAL ID?To obtain a REAL ID-compliant driver license or ID card, individuals must visit a Wisconsin DMV and bring the following original document or a certified copy (not a photocopy, fax or scan):• Proof of Name and Date of Birth

<http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/proof-name-dob.aspx>

• Proof of Legal Presence in the U.S. <http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/citizen-leg-pres.aspx>

• Proof of Identity <http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/identity.aspx>

• Proof of Name Change <http://wisconsindot.gov/Pages/dmv/license-drvs/rnew-and-chge/proof-name-change.aspx> (if applicable)

• Proof of Social Security Number <http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/socialsecuritynumber.aspx>

• Proof of Address <http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/residency.aspx>

For a complete list of acceptable

documents, visit wisconsindmv.gov/REALID <https://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/realid.aspx>.DMV’s interactive Driver Licensing Guide <https://app.wi.gov/DLGuides/> will help customers develop a personalized checklist of the required documents needed to bring to the DMV. It also allows customers to pre-fill any required application(s), print and bring the forms or submit them electronically (if eligible), and print a checklist of required documents to bring.Costs to get a REAL IDIf it’s time to renew a driver license or ID, DMV customers can receive a REAL ID-compliant card for no additional fee if the upgrade takes place at the same time as the renewal. Customers whose current

driver license or ID will not expire before 2020, may obtain a REAL ID-compliant card for $14 (the cost of a duplicate driver license), or $16 for a duplicate ID card.Wisconsin offers both REAL ID-compliant and non-compliant driver licenses and ID cards. The cards<http://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/mailed.aspx> look similar; REAL ID-compliant cards are marked with a H. Non-compliant cards don’t have the star or are marked “NOT FOR FEDERAL PURPOSES.” People may use other forms of ID, such as a passport. TSA offers a list of acceptable alternative identification cards: TSA.gov/REAL-ID<https://www.tsa.gov/real-id>Wisconsin DMV has been offering REAL ID compliant driver licenses and IDs to customers since January 14, 2013. Since this time, nearly every Wisconsin customer has been given REAL ID information, and the opportunity to enroll in the federal program, as a part of their renewal notice. DMV is committed to helping residents who want the convenience of a REAL ID get one on their driver license or ID before the October 1, 2020 deadline.Listen to DMV Administrator Kristina Boardman discuss the process for obtaining a REAL ID in WisDOT’s “Transportation Connects Us” podcast: wisdot.libsyn.com. <https://wisdot.libsyn.com/>For more information, visit wisconsindmv.gov/REALID <https://wisconsindot.gov/Pages/dmv/license-drvs/how-to-apply/realid.aspx>.

TELEBANK 24608-798-4636 or 1-800-315-4636Card Services – 608-798-5214Wealth Management Department608-826-3570Web Site: www.sbcp.bankPrime Time Plus [email protected] Time Office Advisors: Cross Plains: Deborah Elsberry OphimeMadison: Michael AdlerMiddleton: Tonia GilbertsonMt. Horeb: Pat TaylorVerona: Alex HerrWaunakee: Lisa HeinleSouthern Offices – Brooklyn, Belleville, Janesville, Evansville, New Glarus and Oregon: Shelley Meredith

Belleville Office110 Greenway Cross Ct.Belleville, WI 53508

Black Earth Office 1030 Mills St.Black Earth, WI 53515

Brooklyn Office210 Commercial St.Brooklyn, WI 53521

Cross Plains Office 1205 Main St.Cross Plains, WI 53528

Cross Plains Motor Bank 2535 Main St.Cross Plains, WI 53528

Evansville Office2 E. Main St.Evansville, WI 53536

Janesville LPO 1060 US-14 Janesville, WI 53546

Madison Office 455 S. Junction Rd., Ste. 100 Madison, WI 53719

Madison East LPO 2418 Crossroads Dr., Ste. 2700 Madison, WI 53718

Middleton Office 8301 University Ave.Middleton, WI 53562

Mount Horeb Office 1740 Springdale St.Mt. Horeb, WI 53572

New Glarus Office512 State Rd. 69New Glarus, WI 53574

Oregon Office883 N Main St.Oregon, WI 53575

Verona Office108 N. Main St.Verona, WI 53593

Waunakee Office610 West Main St.Waunakee, WI 53597

For Customer SupportCall: 608-798-3961 or 855-256-7328

The Prime Times is published quarterly by the State Bank of Cross Plains with its Main Office at 1205 Main Street, Cross Plains, WI 53528. Telephone (608) 798-3961. Send address changes and comments to editor, Lois Boehnen at 1205 Main Street, PO Box 218, Cross Plains, WI 53528. This publication is written for the benefit of the Prime Time Plus Club members of the State Bank of Cross Plains.

Prime Time Plus Club1205 Main StreetCross Plains, WI 53528

Director’s Message Lois Boehnen – Club DirectorI am sure you have heard by now that we have added six new offices to our bank

family. Our offices now range from New Glarus

to Waunakee, with many members living far beyond these boundaries. As we continue to grow, we continue to look at what we can

do to make Prime Time events

and travel convenient for you.

In 2020 we are going to try a couple of new things. You may have noticed in this newsletter that we have added an Oregon pick up location for our tours. We have done this for two reasons. One, an increased number of travelers have been traveling with us from that area, and another is it is located closer to our newest Prime Time members. In addition, this year both Middleton and Verona High School’s are under construction. Therefore, we are still working on what we may be able to do for our 2020 Appreciation event. Please watch for details in our Spring newsletter.

We have also added Shelley Meredith to our Prime Time Plus team to represent our new offices in the southern part of our service area. We continue to look for ways to serve you better, please continue to let

us know what’s on your bucket list, what you’d like to learn about and how we can serve you better.On behalf of our bank and Prime Time Plus Club, I would like to thank you for your business and your friendship. We wish you a very Merry

Christmas, only life’s best in 2020 and hope to see you very soon!

The Prime Times … · Presentation February 19 – An American in Paris March 25 – Spirited...

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Transcript of The Prime Times … · Presentation February 19 – An American in Paris March 25 – Spirited...