Routing Number 311376753
A home equity loan is a special type of mortgage loan some people can use to make larger purchases for home improvements, debt consolidation, and other such reasons. In recent years, this type of home loan has been becoming popular Read More …
In recent years, banks and credit unions are required to ask people whether they want to “opt in” for overdraft protection for their checking accounts. It is important to point out that overdraft protection and nonsufficient funds (NSF) are not Read More …
Compound interest is the interest paid to people on their savings accounts, investment accounts, and retirement accounts. To better understand the concept of compound interest, let’s take a look at another type of interest—simple interest. Simple interest is where you Read More …
Millennials aged 23 to 35 show an overconfidence when it comes to financial knowledge and putting that knowledge to use correctly. In theory, most Millennials are very active in their own personal finances that extend beyond being overly burdened with Read More …
Once you retire, you will need to determine a safe withdrawal rate from your IRA accounts in order to ensure you have sufficient income to live on for the rest of your life. There are different strategies and methods people Read More …
If you are considering different financial institutions where you want to open savings and checking accounts, it is worthwhile to consider what your local credit union has to offer. Most people mistakenly assume credit unions only have very limited services Read More …
Pre-retirement is the period of time from when you decide you want to retire and your actual retirement. There are several crucial steps you need to consider and evaluate before you give up your current job and discover you did Read More …
An IRA (Individual Retirement Account) is essentially a type of retirement savings accounts anyone can open. They are mainly beneficial for people who fall into one of several categories: Their employer does not have a pension plan or 401K plan. Read More …
Planning for retirement is something most people put off until they are nearing retirement age. Life challenges, like having children, paying college tuition, and so on, often get in the way of setting aside funds for retirement years. However, the Read More …
Throughout your college education, you may have taken out student loans to help subsidize your expenses. After you graduate, federal student loan programs provide for a six-month waiting period before payments begin. This “grace” period is designed to allow you Read More …
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