Understanding FDIC Insurance for Depositors
Advantages to Choosing an FDIC Insured Bank The Federal Deposit Insurance Corporation (FDIC) is an agency of the US government that protects bank depositors against the loss of insured deposits. FDIC insurance is backed fully by the US government if an FDIC-insured bank or savings association fails. Any sum up to $250,000 in a bank […]
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Preparing For Taxes in 2023
7 Tips for Filing Taxes This Season Tax season is here and there are many things we can do to make sure we are prepared and ready to file by the deadline on April 18th. Tax season is the time of year in which we file, report, and pay any taxes owed from the previous […]
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The Basics of Home Equity
Understanding The Home Equity Loan Process Building equity over time is one of the many benefits of owning a home. Remodeling and renovations in a home, as well as paying off a credit card or tuition loan are just a few of the ways that home equity loans can be used. What is home equity […]
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7 Community Banking Trends in 2023
Achieving Financial Wellness in the New Year As we head into 2023, several trends focused on technology and improved customer experience are emerging. Banks are keeping a close eye on the economy after record-breaking inflation, rising interest rates, and the cryptocurrency cooldown. But they are laser-focused on the fast-developing technologies that are fundamentally changing the […]
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5 Benefits of Christmas Club Savings Accounts
Tips for Saving Money for the Holidays Buying gifts, hosting parties, and traveling to visit family are just a few of the expenses that can break your budget every holiday season. Without saving throughout the year, these expenses can easily end up on a credit card. Then you are stuck paying for them the entire […]
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