The Pros and Cons of Downsizing When You Retire

Many retirees are faced with a big question: whether or not to downsize their homes. Before deciding to downsize, it’s important to consider the many positives and negatives that come with this lifestyle change. Keep reading for a few pros and cons we’ve compiled. Downsizing Pro: Saving Money Smaller homes typically have smaller mortgage payments,… Read more »

Minster Bank Hires Vandalia-Butler Branch Manager


Amanda Anderson has been hired as the branch manager for the new Minster Bank Vandalia-Butler office.   Scott Neth, Vice President Retail Banking, said Anderson will be joining commercial lenders Joel K. Bopp and Michelle Sherrill to help lead the bank’s efforts to grow Minster Bank’s presence for individuals and businesses in Montgomery County.   In this… Read more »

Minster Bank Community Voices: Brenda Cavinder and Marge Meiring

Retro microphone with text reading minster bank community voices with brenda cavinder and marge meiring

Get expert tips and a look at Minster Bank with our new audio series, Minster Bank Community Voices. This week’s guest is Brenda Cavinder, branch manager at our Minster location. She’s also joined by customer Marge Meiring, who used the Welcome Home program to help her purchase her first home. Read more below or listen… Read more »

5 Cost-Cutting Measures Proven to Reduce Your Overhead

Man sitting at desk holding a cellphone writing on notebook next to a calculator

For as much as you focus on increasing revenue to maximize your profits as a small business owner, you should put an equal amount of attention on reducing your operating costs.  Unchecked overhead can quickly add up and undermine the sales you’ve worked hard to make. Take time to evaluate your business costs, particularly in… Read more »

5 Tips to Avoid Getting Trapped in College Loan Debt

Female college student fills out scholarship paperwork to save on student loans

College loans seem like a boon for students seeking higher education, but all too often, they can become a burden.  According to the nonprofit group American Student Assistance: • 56 percent of young adults suffer from near-constant worries about paying back their loans. • 61 percent are considering additional employment to manage their mounting student… Read more »

How Much Money Should I Have in an Emergency Fund?

Couple teaches young daughter to save money for emergency fund

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances.  Unexpected expenses are just that – unplanned. Imagine if your car blew two tires tomorrow, or if you broke your ankle and had to go to the hospital. Would you be able to pay for these… Read more »

Which is Better: Buying New or Renovating My Home?

Couple takes a break during their home renovation

Sometimes it’s hard not to be tempted by the greener grass of a new home, especially if your home isn’t exactly how you want it to look or function. But the idea of putting your house on the market and leaving your beloved neighborhood behind breaks your heart.  You’re at a real estate crossroads —… Read more »

Minster Bank Community Voices: Bryan Cenky

retro microphone minster bank community voices bryan cenky

  Get expert tips and a behind-the-scenes look at Minster Bank with our new audio series, Minster Bank Community Voices. This week’s guest is Bryan Cenky, a wealth management advisor at our Troy location. Read more below or listen to the full podcast now. Q: What Do You Do at Minster Bank? A: I work… Read more »

The Ins and Outs of Online Check Deposits

Woman deposits check using mobile phone

Your smartphone camera does more than take selfies. It can also be used to snap pictures of paper checks for mobile deposit, a way of banking that’s growing in popularity in America.  According to a Federal Reserve survey, 38 percent of U.S. banking consumers have made deposits with their smartphones, and that number is only… Read more »

Success Story: Minster Bank and Brown Industrial

Tyler, Craig and Chris Brown of Brown Industrial pose at a convention

It just makes sense that two local businesses that have been around, combined, for more than 150 years would partner together one day. That’s exactly what happened with Brown Industrial and Minster Bank. Read more about what Chris Brown, President of Brown Industrial, had to say about the relationship.  Convenience and Service Chris and his… Read more »