Mortgage Myth Busting Feb 10th, 2025 by: Regan Godderz Banking TipsHome LoansMortgage Tips [siteorigin_widget class="SiteOrigin_Widget_Image_Widget"][/siteorigin_widget] Myth #1: You need a 20% down payment to buy a house. This is one of the most enduring myths about home ownership. After WWII, using a mortgage to buy a home became much more popular than in years past, and yes, a 20% down payment was typical. Today, we have a wide ... Read More
Proposed New IRS Reporting Requirements Oct 4th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking Tips While we do not routinely raise issues occurring in Washington with our clients, keeping your personal and financial information private and secure is our top priority. Congress is considering a plan to require all financial institutions to report detailed information on your personal and business bank accounts to the IRS, raising serious questions about your ... Read More
Imposter Scams: What Are They And How Can You Protect Yourself From Them? Sep 9th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking TipsInformation SecurityInternet SecuritySecurity What was the No. 1 type of fraud Americans reported in 2020? If you guessed imposter scams, you’re correct. The Federal Trade Commission filed nearly 500,000 complaints about imposter scams last year — marking imposter scams the most common form of fraud reported to the FTC in 2020. Imposter scammers lie about their identity — ... Read More
Why Businesses Need To Embrace The Digital Payments Now Apr 6th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking TipsBusiness Tips Before the pandemic, most businesses were living comfortably in the paper world when it came to managing their payments and collections. Many had relied for years on back-office staff to stay on top of the constant flow of checks, invoices and snail-mail. If that approach looked outdated before, it seems prehistoric after the events of ... Read More
How To Create A Budget 101 Apr 1st, 2020 by: Anna Beam, Vice President | Associate Marketing Director Banking Tips In the simplest terms, a budget is a plan for your money. And following one is essential for reaching your financial goals. Like using a map for a road trip, having a budget provides direction. It lets you decide how you’re going to spend your money before you actually spend it, giving you potential routes ... Read More
