Category: Personal Finance

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 and 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… 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 »

Minster Bank Community Voices: Beth Wente

Community voices with Beth Wente, assistant branch manager at Minster Bank Wagner’s IGA location.

Get a behind-the-scenes look at Minster Bank with our new audio series, Minster Bank Community Voices. This week’s guest is Beth Wente, assistant branch manager at our Wagner’s IGA location. Q: What Do You Do at Minster Bank? I’m the assistant branch manager at the Wagner’s IGA branch. I’m really dealing with the customer on… Read more »

How to Actually Stick To Your Holiday Budget This Year

Woman wrapping christmas gifts

The holiday season is here, and with it, the return of holiday shopping. If you have an extensive list of people to buy for, it may very well mean a sizable debt that takes months to pay down.  However, it doesn’t have to be that way. By following some simple strategies, you can make sure… Read more »

5 Tips for Saving on a Lower Income

Mother and daughter saving money by cooking at home

If you have a lower income, it can seem difficult to put aside money for future goals or unexpected expenses. However, by reducing certain expenses and changing your purchasing habits, you can save money over time. Here are five simple tips you can use to build up your savings. 1. Cook at Home Eating out… Read more »

Support Those Who Serve This Holiday Season

Woman in military uniform hugs son holding small American flag

Give back to our troops this holiday season by donating $1 to Operation Homefront every time you make a qualifying Minster Bank transaction.  Read on to learn more about how you can help support our troops and about Operation Homefront. How to Help Our Troops With Online Banking Online banking at Minster Bank is already… Read more »

6 Alternatives to the Black Friday Frenzy

Father and daughter at home watching a movie and eating popcorn on Black Friday

It seems like everyone spends the day after Thanksgiving taking part in a shopping frenzy. But if you’re tired of getting up early to fight the crowds and want to make the holiday weekend a little more meaningful, try some of the following activities this year.  Volunteer The Thanksgiving holiday is about being thankful for… Read more »

What Veterans Should Know About VA Loans

Veteran in uniform with family in new home purchased with va loan

Through a collaboration between the federal government and private lenders, VA loans are financial tools developed to encourage homeownership among U.S. military service members.  Here’s a look at how these loans work, what they can be used to pay for and who is eligible for them. What are VA Loans? VA loans are available to… Read more »

[Quiz] What’s Your Money Personality? + Tips to Save

Young couple looking at paperwork with a calculator identifying their wants vs their needs

The foundation of successfully managing your finances is budgeting, and a pillar of budgeting is learning to distinguish your needs from your wants. If you can’t differentiate those, you could wind up overspending on luxuries that you can’t afford. Take this quiz to learn your money-spending personality, then read on for tips to help you… Read more »