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Telesz to lead Basin Electric Power Cooperative

Basin Electric Power Cooperative has announced that Todd Telesz will lead the cooperative as chief executive officer and general manager beginning Sept. 1. Basin Electric Board of Directors’ President Wayne Peltier made the announcement. “Todd brings experience and a proven track record of success in finance and energy, which will be invaluable in meeting our cooperative’s goals and objectives,” he said. Telesz, from Parker, Colo., graduated from the University of Pennsylvania with a Bachelor of Science degree in economics with a dual concentration in finance and strategic ...

Several hires at First Western Bank & Trust Main Branch

Amy Makeef joins the First Western Bank & Trust team as the Assistant Chief Credit Officer. Makeef is a native of Ryder and graduated from North Shore High School. She holds a bachelor’s degree from Minot State University and Master’s degree from Liberty University. She brings with her over 21 years of banking and financial experience. John Leddon serves as Investment Officer at First Western Bank & Trust. He grew up in Minot and graduated from Minot State University with a bachelor’s in finance. He went on to earn his MBA from Southeastern Oklahoma State and has worked in the ...

Eraas joins Preferred Partners Real Estate

Matt Eraas has joined Preferred Partners Real Estate as a new real estate agent. He has lived in the Minot area most of his life. After being a physical education teacher and coach for 7 years, he is excited to branch out and explore his new career in real estate.

Futures Files

Hi-Yo Silver Away The World Gold Council is reporting U.S. dollar dumping and record gold-buying, which has stimulated sudden interest in accumulating precious metals. According to the Council, central banks are buying in record amounts. Hot inflation numbers were announced in several European countries. Easy money policy comments from Federal Reserve Chairman Powell on Wednesday contributed to a renewed interest as well. Bipartisan progress on the infrastructure bill caused additional concern from those who fear our burgeoning federal deficit will lead to further inflation. Gold for ...

When it can be a good idea to co-sign for your young adult

(AP) — If you’re the parent of a young adult, you may be asked to co-sign for a car loan or an apartment lease. Before you agree, know what’s at stake — you could be putting your own financial security at risk. What co-signing really means When you co-sign, you become fully responsible for someone else’s debt. If they don’t pay, you’re on the hook. Even if they pay on time, being a co-signer can make it harder for you to qualify for credit, because that debt is considered yours and creditors could see you as overextended. If your child doesn’t pay on time, ...

Millennial Money: Don’t overlook credit union credit cards

When you’re frequently bombarded with ads for credit cards at big banks, it’s easy to overlook credit cards at a local credit union. These not-for-profit organizations typically require membership based on location or affiliation with an employer, a family member or an organization. Major credit card issuers generally don’t have these requirements. But while the rewards and perks are often flashier on bank-issued credit cards, credit union credit cards may offer generous incentives of their own or other forms of value. Plus, a credit union provides many of the same services that ...