What is a Bank Statement & Why Review it?

If you’ve recently opened a checking or savings account, you may be wondering how to keep track of everything. How do you check to make sure transactions are correctly documented in your checking account? How do you monitor for fraud or keep track of spending and saving? Where can you see the interest you’ve accrued in your savings account? For answers, this is where the bank statement comes in.

Benefits of Online Banking

There are plenty of advantages that come with online banking, particularly if you find it difficult to fit visiting the bank in person into your busy schedule. When you’re on the go, being able to check in with your bank and access your money at any time is crucial. With online banking, you can do just that and so much more. If you’re new to online and mobile banking, we’ll walk you through what you can expect from your bank and the benefits that you’ll receive when you use an online banking portal.

Smart and Safe Summer Travel Tips

If you are planning a big excursion this summer, this post will discuss ways to help you save money, stay on top of your finances, and have a safe, enjoyable trip. Many people, sticking closer to home since the start of the pandemic, are deciding to take larger or longer trips this year. As CNBC points out, this year’s theme of travel seems to be “go big, spend big.”

What is PMI & How Much Does it Cost?

If you’re purchasing a home for the first time, you may not be aware of other costs associated with buying a home in addition to monthly mortgage payments. One of those costs is private mortgage insurance, commonly referred to as PMI. For many homebuyers who have not been able to save for a big down payment, PMI can help them to still purchase a home instead of having to pay rent. Let’s look at homebuyers’ commonly asked questions about private mortgage insurance, what its purpose is, and when and how you can stop paying it.

Why You Should Refinance Your Home

Historically low interest rates — which hovered under 3% in the last week of 2021 — have lots of homeowners wondering if they should refinance their home. And in fact, home refinance became increasingly popular last year as more Americans elected to stay in their current homes rather than enter a highly competitive home buying market.