Category: Personal Finance

How to Estimate Your Mortgage Payment Using an Automatic Calculator

Young woman calculates her mortgage payment on a new home using Minster Bank’s automatic mortgage calculator

If you’re thinking of buying a home in the near future, you may be planning your next steps. Perhaps you’ve browsed real estate listings online, but you’re not exactly sure what would work for you financially. Before you start looking at potential homes, you need to know what your budget is ― in other words,… Read more »

5 Steps You Should Take to Keep Your Account Safe

Millennial woman in blue shirt checks her Minster Bank account using her laptop at home

Did you know that cybercrime could cost the world $10.5 trillion annually by 2025? As more and more data floods the internet, servers and our digital devices, the risk that individuals, businesses and government organizations will have their data compromised grows exponentially each year. That said, you can take steps to minimize your risk of… Read more »

How to Find Scholarships for College

Black female student wearing gold sweater researches college scholarships

The cost of college tuition has risen considerably over the past decade. Scholarships help students pay for college and, unlike a loan, do not need to be repaid. Various scholarships are offered by institutions such as schools, employers, communities and nonprofit organizations. Types of Scholarships The nature of scholarships can vary significantly. They can be… Read more »

Should You Take a Gap Year or Go to College Right Away?

High school students lined up for graduation ceremony

If you (or your child) are in your junior or senior year of high school, you’ve probably got too many questions to count. One of them is likely whether to take a gap year, or a year off in between 12th grade and your first semester of college. Before you decide whether to jump right… Read more »

4 Simple Steps to Keep Your Bank Account Safe

African American couple compare paper statements to online bank account to check for fraud and financial discrepancies

Criminals are looking for accounts they can easily hack and information they can easily steal. Here are four easy steps you can take to help protect your account from thieves. 1. Review Your Bank Statements Whether you receive online or paper statements of your account’s activity, it is important to read them line by line…. Read more »

Success Story: Building Our Dream with Minster Bank

In March of this year, Michael and Amanda Burrows moved into their dream home, a new construction in Troy, Ohio. Over the course of the two-year building project, Minster Bank was a steadfast partner and proponent for the couple, offering friendly service and expert advice throughout the home construction loan process. Choosing Minster Bank Michael… Read more »

Learn How Mobile Check Deposits Can Save You Time and Energy

Minster Bank customer deposits check using Minster Bank mobile deposit

We understand that your life has gotten busy and a bank trip to make a deposit with traditional checks doesn’t always fit into your schedule. It’s for this reason that Minster Bank developed a mobile solution so you can make check deposits using your phone. How to Complete a Mobile Deposit 1. Enroll in Mobile… Read more »