Making Compound Interest Work for You
Compound interest is interest paid on interest already earned on a deposit or loan. Think of it as ‘interest on interest’. For those of you who struggle to pay off credit cards, compound interest is likely the culprit. Interest from the prior month is added to the...
Will the Feds Raise Rates?
Bankers get this question a lot – from customers, investors, and our bank boards. There are seemingly endless experts out there with an opinion based upon their assessment of the latest economic data, world events, and the psychology of the individual Fed governors....