We welcomed Donna & Russell from Carroll Community Bank. To reposition the bank and offer more benefits to customers, or potential customers, Carroll Community Bank is offering a great stock option program, as well as an increase in lending options. Holding stock in local businesses is a great way to stimulate local economy. Everyone’s situation is different and you should also review any stock options with a professional.

It is very important to understand the importance of a community bank. Donna believes that the best part of a community bank, is having customers or investors who live in Carroll County. Their projects and businesses are all local and it is easier to assess and help the situation. Different from a nationwide bank, Carroll Community Bank knows the details of the area and how to grow THIS community. They can also decide what fees they want to inflict on their local consumers. Large companies contemplate fees such as debit card fees and other new fees, branches of nationwide bank have no control over what they must charge. Community banks have more control over decisions that impact customers.

Next week, we welcome our 100^th guest to the Buzz! We are excited to hit this milestone and we will be talking about all of our wonderful past guests.  And we will welcome Commissioner Rothschild as our 100^th guest on the show.

October 16-October 22 is National Saving for Retirement Week! You have got to prepare yourself for the future and there are so many changing uncertain ways, making it more important to be able to retire independently. Its amazing the amount of money that you can accumulate if you plan ahead. Even saving $10 a week, over 40 years, can give you the means to cushion your retirement. There are different stages in retirement to keep in mind and plan for. Having a game plan is always key, know when you are planning on retiring, what do you want to do, where do you want to live, etc. Circumstances always change, but having a plan will put you ahead. Factors like social security, health care coverage and medical needs are something you have to always keep in mind.

Above all else, you want to strive towards financial independence.

 Marlene Titus of the Miller Center for Small Business at Carroll Community College and Matt Day of the Business Training Group at Carroll Community College explained some exciting programs that can help business owners and entrepreneurs. First, Marlene explains the services provided by the Miller Center for Small Business. Basically, they provide courses, resource center, marketing data base, etc. for new business owners and those trying to grow their own business. Most of the courses are taught by other business owners or retired business owners. They offer advice and guidance on how to successfully run a business. They hold events for networking and creating opportunities within the business communities.

 Guidance on funding is also a great resource that Miller Center for Small Business can provide. There IS funding available, its limited, but its out there. There are also tips on how to apply correctly for a business loan, despite the difficulties right now, there are correct and incorrect ways to approach the loan process.

 Mall explains the Pathways to Cyber Security Careers program, a grant funded by the U.S. Department of Labor that provides cyber security training to local businesses. There are also marketing training classes to guide users to properly guide social media and technology.

We also wanted to touch on all of new technology for the technologically challenged out there. There are a lot of great tools to use to stay connected to friends, family & your community: cell phones, social media, email, etc. But, there are many rules that you should follow to stay safe. Also, to avoid being a public nuisance.

 Technology Tips 101

1. When your on the cell phone or texting, the world does not go away. Pay attention to your surroundings and when using a phone is appropriate.
2. On Facebook, don’t advertise where you ARE.
3. When you are talking on a cell phone, you don’t have to talk 10 times louder
4. If an email thread or texting conversation is getting fiery, pick-up the phone and speaks to the person. This can avoid misinterpretation.
5. You don’t have to tweet about everything. Great sign to remember: “In case of a fire, exit building BEFORE tweeting about it”
6. If it has to do with computers, when in doubt, ask a 12 year old.