Blogs

Practices that reduce your spending and save you money The foundation of successfully managing your finances is budgeting, and a pillar of budgeting is learning to distinguish your needs from your wants. If you can’t differentiate those, you could wind up overspending on luxuries that you can’t afford. Give your budgeting skills a refresher by improving your ability to distinguish your wants from your needs. Why Should You Budget For Your Wants? If something makes you happy, why should you deny yourself that pleasure? Haven’t you earned that indulgence for working hard every day? The problem...

Your Online Profile Got Hacked — Now What? Few things can bring on a sense of panic and confusion quicker than realizing that your financial information is compromised. Whether you find yourself unable to access your online app because the password has changed, notice fraudulent charges made to your card or are suddenly missing money from your checking or savings account, the feeling that your financial security is at risk is a terrifying one. The best reaction to such a situation is a measured one that follows certain steps to recovery. Contact Us Immediately Whether the account in question...

Teach your kids about saving money Money management is a complicated subject even adults have trouble mastering. So, it’s understandable that the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a simple savings account to teach your kids the fundamentals of saving money. Setup an Account Speak with a Personal Banker who will walk you and your child through the process of opening a savings account or certificate of deposit. Seeing their name on the account will provide your child with a sense of ownership over their money and incentivize...

Does a Home’s Value Go Up With a Bathroom Renovation? Deciding what home improvement projects to invest in can be tricky. You don’t want to pour money into a renovation or remodel that won’t pay off when you go to sell. If you’re eager to increase your home’s value, consider starting in a small, but essential part of your home — your bathroom. On average, homeowners spend just over $27,000 on a mid-range bathroom renovation project, and over $82,000 on an upscale bathroom renovation project. At resale, mid-range renovations recoup 58.9% of their costs, while upscale renovations recoup 53.5%...

Protect your most important valuables We all have things that we want to keep safe. While we all hope that our homes are an ideal place for that, sometimes it’s a good idea to keep important items in another location. That’s where safe deposit boxes come in handy. What Are Safe Deposit Boxes? We work to keep the money of our accountholders safe, but certain locations offer the opportunity for you to rent a safe deposit box. You can ask a Personal Banker for more information about where your institution offers space for your valuables. While many things in our lives are digital, these storage...