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Show usiness A6 • WEDNESDAY, OCTOBER 28, 2009 Guardian of Your Community News Central Bank hosts budgeting seminar Christy Hardman STAFF WRITER omy was people spending unwisely, and people who "hedged bets on something Central Bank held a free not true." budget seminar on Oct. 22, He said one of the goals where they introduced a of Central Bank is to help new online product called people make it through the FinanceWorks. The pro- recession and keep tabs on gram is free, and because it's their own spending to avoid online, it doesn't download and take up space on your computer. It is designed to help people budget, gain control of their spending "Fear is not only and save time and money. counterproducIt's available for use for anyone who has at least one tive, but destrucCentral Bank account. tive." Central Bank employees - Mike Mendenhall Mike Mendenhall and Kandas Woolford presented the seminar, walking through the steps of how to use the program, and answered such mistakes in the future. questions. 'Tear is not only counMendenhall said one of the reasons they launched terproductive, but destructhe program was to help tive," he said. He reminded everyone people work through these tighter economic times, to that they have the power keep tabs on their spend- to take control of their own ing and adjust their budgets lives, to take pleasure in the according to their income journey, and not give in to so they can avoid pitfalls the negativity in the world. of negative balances. MenKandas Woolford exdenhall quoted a statistic plained the features of Fithat said in 2007 Americans nanceWorks. She said it paid $38 billion in late fees lets you enter your other to banks. accounts at different banks . He, said part of what or financing corporations, caused the dip in the econ- and recognizes 5,000 dif- ferent institutions. She said it is possible to enter one that FinanceWorks doesn't recognize, but if that occurs, she said to call Central Bank and they will contact the other institution and within a matter of days it will be in the system and accessible for your personal budgeting. Woolford explained that you only have to enter the other accounts one time, and the program .will automatically keep track of the account expenditures and deposits. Woolford said it also can be set to send reminders to your phone or email to alert you when certain bills are due. Mendenhall and Woolford have also been teaching the program and budgeting principles to high schools in the community as well, hoping to instill sound financial principals to the youth. "We really are very excited about this product, and we hope it helps everyone balance their budgets in this tighter economy," Woolford said. Woolford encouraged anyone who has questions about how to start utilizing FinanceWorks to contact Central Bank at 801-7987481. Christy Hardman / The Sentinel MONEY MATTERS: Mike Mendenhall of Central Bank explains the bank's new online product, FinanceWorks. Angel tree at Bank Holiday Open House Namon Bills / The Sentinel HOLIDAYS ARE HERE: Sprinkler World held a holiday open house with lunch for chamber members Friday, Oct. 23. The event coordinated with the grand opening of their annual Christmas at Sprinkler World displays. Central Bank is excited' to launch another year of Central Bank Angels, a Christmas charity program organized to help local families within the community who are in need this holiday season. In all 10 Central Bank locations throughout Utah County, people can make donations during the months of November and December. Christmas trees will be displayed in all 10 locations and after individuals or businesses donate any amount, an angel will be named after them and hung on the tree. With the hope to help as many families as possible, Central Bank has offered to match up to a minimum of $5,000. All the money raised will be used to buy food, clothing and toys to Kelp make ^this Christmas a memorable one for many members in the community. All the money raised in each office will go back to that community in which the office is located. "With 10 offices we hope to help families all over Utah County," said Matt Packard, Central Bank President and CEO. If you would like to make a donation, visit one of Central Bank's 10 locations. If you know someone in the community who could use some help this holiday season and benefit from Central Bank Angels, please contact Central Bank Public Relations Director Kandas Woolford at kwoolford @ cbutah .com. For additional questions, call Kandas at 801-375-1000. UDOT: From 1-15 • A l As a veteran military officer and professional educator, I have served as an effective leader of both people and resources. I have served at war in nation building; I want to use my skills and focus on city building. Let me represent and serve you. Vote November 3, 2009 KEIR * * * SCOUBES www.sfelection.com • scoubes@gmail.com (ITYCqiJNllL available. Hawks explained that the whole design will be considered. If for example a team is able to expand lanes down to Spanish Fork Main Street, but not rebuild the intersection they will score lower than a team that would be able to mitigate the flow of traffic and do some renovations on the interchange. But Hawks stressed that the overall message given to the build teams was "stretch." Hawks also noted that all of the teams have asked about the interchange and have been to look at it. "I want to give you hope. But I don't want you to be addicted to Hopium," Hawks said. When asked what the time frame might be should the interchange be left off the project, Representative Morley said that it would have to be after the bonds for the current project were paid off. How- ever, there are other funds the city could apply forfromthe state's budget to use. There was some discussion about how such funds would not be guaranteed to be available, however. With the council members asking for a percentage of how certain Hawks was that the interchange would be included, he responded that he simply could not give them an answer. The question then became one of how much control Hawks and his team had over making changes to the team's design. Hawks noted that certainly several projects have changes after a proposal has been selected, but that there is some limit to how much change they could enforce. With Dec. 10, 2009 less than two months away, citizens and Spanish Fork officials are looking forward with hope to a project that will bring great change to the I-15/Main Street/Highway 6 interchange. |