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FINANCIAL
HEALTH
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Your home life is not safeguarded from financial stress either. More corridors of the market. In addition to the experience she brings to
often than not, your family bears the brunt of the majority of stress the table, Ozona Bank offers one-on-one services paired with all the
because you feel most comfortable with them. You’re more likely to innovative offerings you would find in a big bank.
discuss financial strife with your wife or husband than you would
with a friend or colleague and this type of discussion opens the door Investing in your future is just as important as your immediate fi-
for potential disagreement and a source of tension between partners. nancial needs. Look for a bank that covers all your needs including
In fact 35 percent of respondents in a SunTrust Bank survey reported investment services. Shane Cooper of Cetera Investment Services,
that finances were the leading cause of stress in their relationship. LLC* offers the added advantage of conducting all of your banking,
investment, and insurance activities in one location. Having all these
Stress Management services available to you in one stop will help reduce the stress of
One of the best ways to reduce financial stress is to select a reputable maintaining several appointments in several different locations. Just
like Lydia navigates the banking world, Shane too walks investors
and sound financial institution that truly fits your needs. For example, through the choices available to save for retirement, preserve your
consider the legitimacy and longevity of the bank when making your wealth, and create lifetime income solutions—all of these can help
selection as well as their FDIC coverage. When the United States’ with your financial future.
largest savings and loan association collapsed in 2008, Washington
Mutual customers were covered up to the FDIC maximums regardless Just as if you were in search of a doctor, you would consider their
of the Chapter 11 filing by the bank because they were insured by the credentials and experience—this is the same in the banking industry.
FDIC. You can use the BankFindTool at FDIC.gov to research the Manage your stress one step at a time. Develop a routine with a
current coverage of any financial institution. healthy diet, regular exercise, and build a roster of financial profes-
sionals that can guide your decisions to help reduce your financial
While technological advances such as Remote Deposit Capture stress. All these steps combined can help mitigate the effects of fi-
and Mobile Banking have reduced the need to have a traditional nancial pressure and break the cycle of health risks associated with
branch nearby, if you are considering a business loan, a first mortgage, financial stress.
a line of credit, or another service beyond your typical deposit needs,
you would likely need to be able to discuss your options face-to-face *Securities and insurance products are offered through Cetera In-
with an experienced banker. Look for a banker who has considerable vestment Services LLC, member FINRA/SIPC. Advisory services are
experience in your market area and your product type. For example, offered through Cetera Investment Advisers LLC. Neither firm is af-
Lydia Gonzales of Ozona Bank has more than 20 years in the bank- filiated with the financial institution where investment services are
ing industry in the San Antonio area. Her focus on commercial busi- offered. Investments are: *Not FDIC/NCUSIF insured *May lose
nesses such as medical groups, engineering firms, real estate agencies, value *Not financial institution guaranteed *Not a deposit *Not in-
and software groups makes Lydia the ideal banker if you are in these sured by any federal government agency. Located at: 14100 San
Pedro Avenue Suite 100, San Antonio, TX 78232 (210)-319-3500
38 San Antonio Medicine • April 2016
