CBWY Blog

An HSA is a tax-favored savings account for individuals and families covered by a high-deductible health plan (HDHP). Contributions to an HSA are tax-deductible and distributions are tax-free if used for qualified medical expenses.

As the holiday season quickly approaches, we invite you to join us for a festive event that supports our community. The annual YWCA Festival of Trees will be held from Monday, November 20, 2023, through Thursday, November 30, 2023, at Commerce Bank of Wyoming located at 1575 Dewar Drive in Rock Springs. Come experience the magical atmosphere by viewing the elaborately decorated Christmas trees between 9:00am and 5:00pm weekdays. The silent auction is available on-line, with displayed trees and wreaths available to bid on during the in person event on Thursday, November 30, 2023 at 5:30pm at Commerce Bank of Wyoming.

Mike discusses our unique economic cycle.

October is Cybersecurity Awareness Month

Shopping for gifts during the holiday season can be a daunting task. Crowded stores, long lines, and overwhelming holiday displays can make it difficult to find unique and thoughtful gifts. But what if we told you that you can find all the perfect gifts right in your community? Shopping local not only supports our local economy, but it also improves the quality of life in our community. This holiday season, we encourage you to make the commitment to shop local and reinvest in your community. We've tapped into our team's shopping expertise to bring you the top destinations for shopping locally this holiday season.

As a business owner, fraud is always a top concern. With so many financial transactions happening daily, fraudulent activity can go unnoticed. That's why it's essential to have reliable fraud-protection tools in place – tools like Commerce Bank of Wyoming's Positive Pay solution. In this blog post, we'll take an in-depth look at how Positive Pay can help protect your business from financial fraud.

Are you searching for the perfect Halloween event to bring your kids to? Look no further! Commerce Bank of Wyoming is proud to announce its Halloween Walk-a-bout! This spooktacular event will be held on Tuesday, October 31, 2023, from 4:00 p.m. to 5:30 p.m. at 1575 Dewar Dr. So gather up your goblins and ghouls and come join us for a fun-filled celebration!

Avoid falling victim to fraud. With our world’s reliance on technology, it’s important to keep yourself informed of the latest cyber scams. Chances are, you’ve already been a target of a cybercriminal or fraudster. One common type of fraud is referred to as Social Engineering. 

Social engineering is a technique used to manipulate a victim into disclosing information or taking a specific action. Fraudsters will communicate with an intended target by saying they are from a trusted organization or financial institution.  They may even impersonate someone the target knows.

As a homebuyer, you know that the road to closing can be full of twists and turns. However, when working with Commerce Bank of Wyoming, we strive to make the process as smooth and efficient as possible. One way to ensure a speedy closing is by following some key tips that we have compiled for you. Following these tips will save you not only time but also potential headaches. Read on to learn what you can do to help your loan closing go smoothly.

Buying a home is a huge financial decision, one that can have an impact on your finances for years to come. One of the choices you'll have to make when taking out a mortgage loan is whether or not to pay points. Points are basically a fee you pay to the lender at closing in exchange for a lower interest rate on your mortgage. In this blog post, we’ll break down the pros and cons of paying points on your mortgage to help you make an informed decision.

While consumers are constantly bombarded with electronic ads, and the dangers of online scams, the average buyer has evolved and will research before signing the dotted line. Other lending and insurance marketers have resorted to purchasing consumer information to seem legitimate.