HTC Team News and Honors

August 2, 2022 Heartland Trust

Our team had a Kentucky Derby party in May. Gary Hanson received a prize for best
dressed and Lori Theis received one for best fascinator (hat).

Several employees attended the FMWF Chamber event featuring Mel Robbins. Jill
McAndrew and Michelle Hoppe were able to meet her as well.

We held a school supply drive and donated to the United Way in support of their annual
effort to help area students in need.

Dustin Sobolik hosted HTC’s semi-annual market update webinar and gave us a review
of the market, inflation, gas prices, and an outlook on what we should expect in the
coming months.
Three new employees joined Heartland Trust this quarter. We welcomed Jace
Gilleshammer (Left), IT Coordinator; Tim Rensch (Center), Retirement Services – Relationship Manager;
and Abby Kruse (Right), our summer intern. Abby is a local high school English teacher who
decided to give up her summer vacation and help with projects around the office. You
can learn more about Abby in the employee profile of this issue of our newsletter.

Meet Abby Kruse
Abby Kruse is a local high school English teacher who helps with projects around the office this
summer. She and Ethan Linder, Administrative Associate – Personal Trusts, are planning their wedding
in September 2023.

HTC Team News and Honors

May 5, 2022 Heartland Trust

Jennifer Johnston and Missy Zarak attended the Lady Boss retreat in Nisswa, Minnesota, in early March. Ethan Linder, Jennifer Johnston, Kevin Wangen and Lori Theis participated in the annual Bowling for Kids event sponsored by Big Brother Big Sister.

Meet Kevin Wangen

May 5, 2022 Heartland Trust

Meet Kevin Wangen

Kevin Wangen is the wealth management associate at HTC. He holds a finance degree from North Dakota State University, from where he graduated on the same day he got married.

Tell us about yourself

I was born in Langdon, North Dakota, and my family moved to Harvey, North Dakota, when I was 4. My parents still live there so I visit when I can. Growing up in a small town had a profound impact on my life. I moved to Fargo for college and now live here with my wife and four kids, who are 2, 5, 7, and 9. It can certainly be challenging, but I try to be the best dad and husband I can.

All About Credit Scores

February 10, 2022 Heartland Trust

Adapted from Broadridge Investor Communication Services

It’s difficult to imagine functioning in today’s world without credit. Whether buying a car or purchasing a home, credit has become an integral part of our everyday lives. Having easy access to credit goes hand in hand with having a good credit score, so it’s important to know how to maintain a positive credit score and credit history.

HTC Team News and Honors

February 10, 2022 Heartland Trust

HTC held our annual staff retreat in January at the Plains Art Museum. During this event, we review the previous year and provide expectations for the future.

Meet Renee Hobbs

February 10, 2022 Heartland Trust

Meet Renee Hobbs

Renee Hobbs is an administrative associate for trust and personal accounts at HTC.

Tell us about yourself.

I grew up in the small town in south-central North Dakota and graduated from NDSU with a bachelor of science degree in business. I am married and have one daughter who is getting married this year.

HTC Team News & Honors Q4 2021

November 1, 2021 Heartland Trust

Jan Nelson again served on the YWCA Cass Clay Chocolate Fantasy planning committee. This event benefits the YWCA Emergency Shelter for women and children in need. Special thanks to the other volunteers from HTC: Ethan Linder, Jon Benson, Kari Skauge, Kevin Wangen, and Michelle Hoppe.

Meet Lori Theis

November 1, 2021 Heartland Trust

Meet Lori Theis

Lori Theis is a compliance associate at Heartland Trust. She makes sure all reports are filed, boxes are checked, and everything is compliant with the regulations and standards HTC must follow.

Tell us about yourself.

I was born, raised, and still live in Moorhead, Minnesota. I have one son, Adam, who got married earlier this year. I am proud to say I am going to be a first time Grandma in February of 2022. I also have a dog; he is a beagle and his name is George.

Choosing a Beneficiary for Your IRA or 401(k)

November 1, 2021 Heartland Trust

Adapted from Broadridge Investor Communication Services

Choosing a Beneficiary for Your IRA or 401(k)
Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance. With retirement benefits, you need to know the impact of income tax and estate tax laws in order to select the right beneficiaries. Although taxes shouldn’t be the sole determining factor in naming your beneficiaries, ignoring the impact of taxes could lead you to make an incorrect choice.
In addition, if you’re married, beneficiary designations may affect the size of minimum required distributions to you from your IRAs and retirement plans while you’re alive.