How to Create a Budget 101

blog-tags
Author Image
by: Nicole H., Marketing Coordinator
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…

Community banks must use personal connection to partner with small businesses

blog-tags
Author Image
by: Patrick S., Executive Vice President, Business and Consumer Banking
The rise of financial technology firms has been shaking up the world of banking and lending. Fintech firms last year made up 38%& of the personal loan market, up from 5%& in 2013, and are starting to focus more on small-business lending. And their impact is not just being felt locally. An Accenture report last…

Longer SBA Real Estate Loans Heating Up Business Property Market

blog-tags
Author Image
by: Mark A., SBA Division Director
A relatively new extended-maturity loan option from the U.S. Small Business Administration is heating up the real estate market among small businesses that are anxious to purchase properties while the economy is booming and interest rates remain low. In April 2018, the U.S. Small Business Administration announced changes to its 504 loan…

Tips To Avoid Becoming a Victim of Fraud

blog-tags
Author Image
by: Saadia M., Director of Enterprise Risk & Chief Information Security Officer
Trends in social engineering attacks Social engineering is on the rise, so it’s especially important to be vigilant against these attacks. The following are new trends in the world of social engineering: Vishing: The Internal Revenue Service (“IRS”) scam: The target receives a call, email, or a visit from a…

Protecting Yourself on Vacation

blog-tags
Author Image
by: Kitty T., Marketing Coordinator
Whether your spring break is in full swing, or you're getting back to your routine after a trip, it's important to be aware of how to protect yourself before, during, and after a vacation. Vacations give thieves and fraudsters opportunity to take advantage of empty homes and high spending. To truly have…