Thanks to the Welcome Home Program, made possible by the Federal Home Loan Bank of Cincinnati, eligible homeowners could receive up to $5,000 toward the purchase of their new residence, increased up to $7,500 for homebuyers who are honorably discharged veterans or active duty personnel. The borrower must maintain ownership and reside in the property… Read more »
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
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
Unchecked overhead can quickly add up and undermine the sales you’ve worked hard to make – especially in today’s economy. Take time to evaluate your business costs, particularly in these five areas, to determine how you can reduce them. 1. Save on Energy and Utility Costs for Your Small Business You want to keep your… Read more »
5 Tips to Avoid Getting Trapped in College Loan Debt
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?
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 »