Many of you have learned of the security breach of Equifax, a major U.S. credit reporting agency. It has been reported that personal information from approximately 143MM U.S. consumers was potentially compromised. There are things that you can do to protect your...
If you’ve been losing sleep over the past month's stock market volatility as you watch your stock portfolio gyrate, perhaps it is time to consider taking some of those funds and investing in your local community bank. Your savings are Federal Deposit Insurance...
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...
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....