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News - Page 21

We invite you to visit our News and Alerts financial wellness portal for the latest updates on bank events, staff changes, personal finance tips, and economic outlooks. Stay informed and gain valuable insights to help you navigate your financial journey with confidence! 

Lessons Learned (Posted July 19, 2021)

The pandemic forced us all to rethink (and rethink, and rethink) how we do almost everything. From finances to grocery shopping — everything seemed like it had to be overanalyzed. Now, as the pandemic recedes across the nation, it’s time to review things once again. Only this time, we’re focusing on the best money lessons learned over the past year or so. Here are a few:

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Lower Than The Limit (Posted June 14, 2021)

The credit limit issued by credit card companies should be taken with a big grain of salt. Let’s say the issuer says your card spending limit is $7,000. Great, right? You should feel free to use every penny of that limit as long as you can pay off the balance eventually, right? Well, no, not really. Here are some reasons you should not max out your credit card.

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Small Start (Posted March 18, 2021)

When it comes to savings, every single dollar counts. That’s important to keep in mind if you’ve been struggling to build an emergency fund, save for college or retirement, etc. When saving is tough, it can help to start small. Here are some ways to kickstart your savings, with the hope that by the end of 2021, you have an extra $500 or so stashed away.

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