Introducing your child to the world of finance should start at a young age and adapt in complexity as they grow. When the lesson of the day (or year) is all about saving and investing, consider using a certificate of deposit (CD) as a teaching tool. A CD will illustrate to your eager student how saving a portion of their allowance or earnings can...
With easy-to-access data, convenient automatic transfers, and a variety of ways to organize your money, online banking can revolutionize the way you budget. Here’s a look at a few easy tips to help you budget better with the power of technology:Set up sub-accountsEven if you’re putting money away in a savings account, it can be difficult to...
Topics: Personal Banking, Financial Education
Saving money over the holidays is a common goal for many people, as it can be a financially challenging time of year. Here are some effective ways to save during the holiday season:
Topics: Personal Banking, Financial Education
Banking online means you never have to wait in line or rush before the doors close for the night. Online banking never closes, so you can conveniently complete transactions when it suits your schedule. Plus, it enables you to do it anywhere on your smartphone, tablet, or laptop, whether it’s at home, work, or even in public spaces with a reliable...
Topics: Personal Banking, Financial Education
As technology has evolved, so has the need for mobile video banking solutions in addition to in-branch and web solutions. Customers expect greater efficiency and flexibility from their financial institutions, especially after becoming accustomed to new virtual service options during the pandemic.
Topics: Personal Banking, Financial Education
Digital communications have revolutionized the banking industry, changing the ways customers interact with their financial institution and their money. Here are some of the key benefits of digital communications for banking customers:
Topics: Business Banking, Personal Banking, Financial Education
An important part of staying on top of your financial status is balancing your checkbook. Although this practice may seem outdated, it’s still wise to verify your monthly account statements.
Topics: Personal Banking, Financial Education
The internet and mobile devices have revolutionized how the world works — including banking. In the past, you had to visit a physical building in person to perform withdraws and deposits to your financial accounts. Now, you don’t even have to leave your living room to manage your checking and savings accounts. That change can be scary for many...
Topics: Personal Banking, Financial Education
In most cases, when you apply for a loan, there’s a set end date. This allows the lender to determine things like interest rate and monthly payment and helps you determine your pay-off amount. But there is such a thing as an open-end loan, which gives you more flexibility if you might need to continue borrowing in the future. If you can obtain one...
Topics: Personal Banking, Small Business, Financial Education
Knowing how to endorse a check is one of the foundational financial skills you need to have. This simple process ensures money goes where it needs to and helps protect you against fraud.
Topics: Personal Banking, Financial Education