Financial Literacy With Minster Bank: Students Gain Money Smarts

Minster Bank President Dale Luebke with students during financial literacy program

During the 2018-19 school year, Minster Bank reached around 2,000 students from kindergarten to high school through their financial literacy programs. Through these programs, which are held in each of the counties where Minster Bank branches are located – Auglaize, Shelby, Miami and Montgomery – Minster Bank representatives teach students financial skills in a fun… Read more »

Save Money When You Ace the 30 Day Rule

Two women applying the 30 day rule savings challenge to their shopping habits

So, what exactly is the 30 Day Rule? If you’ve never heard of it before, no worries! It’s an easy way to save money. The rule is this: when you’re out shopping and see something you want, don’t buy it. Instead, come home and write down the name of the item on a sticky note…. Read more »

Success Story: Welcome Home to Marge Meiring

White house with blue shutters purchased with welcome home grant funds through minster bank

Between understanding closing costs and filling out paperwork, buying a home for the first time can be daunting. But for Marge Meiring, a Minster Bank customer who took advantage of the Welcome Home program, it was much smoother. “I’m 67 and I had never bought a house, so I was a little overwhelmed with it… Read more »

How to Talk to Another Insurance Company After a Car Accident

Two men standing by wrecked cars looking at an insurance policy

If you’ve recently been in a car accident, the other driver’s car insurance company might try to ask for a statement. Before you say anything, learn about the risks of talking about the crash with the other insurance company, as well as find a wiser strategy to pursue in this scenario. What Not to Say… Read more »

Should I Save or Invest My Money?

Woman looks at laptop researching investment account opportunities

When you have enough money to cover your everyday expenses, you should consider saving money for the future. You can choose to put this money in a secure savings account with your financial institution or invest it in the market. There are risks and benefits of each that you should consider before making your final… Read more »

Budget-Friendly Wedding Tips that Won’t Break the Bank

Woman trying on wedding dress and planning a wedding on a budget

Weddings are a celebration of love, joy and commitment, but between booking a venue, ordering the catering and sending out invitations, your expenses can pile up and put a damper on the fun. In 2018, the average wedding cost more than $44,000 — that’s more than the average student loan for a four-year degree. But… Read more »

Should I Invest in Stock or Mutual Funds?

Desktop with stock chart, highlighter and calculator

Whether you’re saving for a big investment or hoping to retire soon, the stock market is a good place to make your money work for you. Two of the most common forms of investment are mutual funds and individual stocks. Both of them can provide big returns, but you need to understand each option before… Read more »