News

At Community First Bank, we know that more and more people are turning to digital payments to pay each other easily without the hassle of cash or checks. Popular apps like Venmo and Cash App are great for convenience, but they aren’t always backed by the support you need when something goes wrong. 

In today's fast-paced digital world, with everyone moving to “digital payments” like debit/credit cards or mobile payment apps, you might think check fraud is a thing of the past. Surprisingly, it remains one of the most common financial threats our customers face. We want to share some helpful information about check fraud and offer simple ways you can protect yourself and your hard-earned money.

At Community First Bank, we believe in putting your financial future first. Individual Retirement Accounts (IRAs) offer a smart, tax-advantaged way to build long-term savings, and our team is here to help you get the most from your hard-earned savings.

Community First Bank would like to make you aware of an unusual type of scam involving parking tickets. If you ever find what looks like a parking ticket stuck under your windshield wiper, it’s wise to take a moment to examine it. While it may seem legitimate at first glance, scammers are increasingly using fake parking tickets to steal personal or financial information.

Boscobel, WI (January 2025)– Community First Bank is proud to announce that two local small businesses, Advanced Contracting Solutions/Bailey Barry, and Redstone’s North End Tavern/Jeff & Tracy Rastocan were each awarded a $15,000 grant. They received the grants through their partnership with Community First Bank on behalf of the Federal Home Loan Bank of Chicago (FHLBank Chicago) through its Community First^® Accelerate Grants for Small Business.

We have been made aware of customers receiving phone calls in which the caller claims to be from Community First Bank’s Fraud Department. CFB does have a Fraud Center that will contact you if there is potential fraud on your card, and we will never ask for specific personal or account information (including account numbers, names and passwords). 

The Wisconsin Bankers Association (WBA) is pleased to announce that Community First Bank in Boscobel, WI, was selected to receive one of five $10,000 awards to support housing and housing literacy, economic development/community investment, and financial or cyber literacy in Wisconsin.  

Dan Klahn is pleased to announce that Community First Bank recently added Troy Ruegsegger to the Executive Management team. Troy will serve as Chief Operations Officer. This addition to leadership marks a significant step in CFB’s ongoing commitment to improving operational efficiency and delivering superior customer service.