Mark Reynolds CoC

Congratulations to Mark Reynolds – 2017 Chairman of the Greater Waco Chamber of Commerce Board of Directors

 

Please join us in congratulating Mark Reynolds, newly appointed 2017 Chairman of the Greater Waco Chamber of Commerce Board of Directors. Reynolds has more than 40 years of community banking experience having started as a teller and collector while in college and completing formal Commercial Credit training. He currently serves as the Central Texas North Region President of Extraco Banks.

 

In addition to his extensive finance and banking background, Mark has been on the Greater Waco Chamber Board of Directors since 2007 and was the 2012 Campaign Chair of the Greater Waco Chamber’s Total Resource Campaign. He has also served as Board President and Administrative Chair of the United Way of Waco McLennan County.

 

Mark is currently a board member of the Waco Industrial Foundation and is on the Hillcrest Board of Ambassadors. He has been active with the Partners of Waco and McLennan County since 2012 and continues to work with many other charitable organizations.

Discover® donates $25,000 to local food banks in Central Texas

Discover® and Extraco Banks partnered in a two month long joint-campaign aimed at building awareness well as benefiting the local communities in our business footprint.

As a result Discover® donated $25,000 to local food banks in Central Texas. The fight against hunger is an important issue throughout Central Texas, and we are committed to helping

Four Central Texas charities received donations: The Jubilee Food Market in Waco, Churches Touching Lives for Christ (Temple), Food Care Center of Killeen, and Gatesville Care Center. Continue reading

Why you should consider Umbrella Insurance. It covers more than you think.

Businessman magical touch concept - umbrellaImagine if your dog were to bite a neighbor’s child or if there’s an accident on your rental property. Maybe a fire in your condo spreads to other units. What would happen if you or a family member missed a stop sign and struck and killed a pedestrian? If any of these things happened to you, there is a good chance your current liability limits wouldn’t be adequate to protect your assets—or your future earnings.

So, what is Umbrella Insurance?

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Building a Budget and Minimizing Debt

escape the debtFive years ago, a customer and his wife had found themselves overwhelmed by the debt they had accumulated. In many ways, they felt that their debt was controlling them instead of the other way around. We all sat down together and began making a list of the things they could change to help fix their current financial situation and begin preparing for their future. They were surprised at how quickly things fell in to place with some of the changes or sacrifices they decided to make and live by. When something like a car battery goes out, it’s no longer a minor emergency.

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What you should know if you are buying Insurance for the first time

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Buying health insurance can be confusing, even for those of us that have been doing it for a long time. So what if you’re right out of school and signing up for health insurance for the first time in your life. Many of the younger clients I have helped sign up for health insurance did not know the difference between a deductible and coinsurance.

Terms like “deductible” and “coinsurance” are part of basic health insurance lingo. Knowing what these terms mean will help you understand what you are buying now so you don’t end up with high and confusing medical bills later.

Here are a few important health insurance questions that millennials should ask themselves before they begin shopping for coverage. Continue reading