5 Basics of Successful Budgeting

Young couple planning budget

If you’re feeling clueless about where your money goes each month, it’s difficult to create a savings plan that works in the short and long term. The following budgeting basics will help you get a clearer picture of your finances, take control of your spending and invest for the future. 5 Basic Budgeting Tips to… Read more »

7 Hidden Costs of Buying a Car

money hidden behind paper

Buying a car, whether new or used, is an exciting yet expensive time. In addition to the sticker price, you have to budget for hidden costs associated with securing your new ride. From dealership fees and taxes to insurance premiums, the hidden costs of buying a car can break your budget if you don’t plan… Read more »

Lower your down payment with a free home grant; apply now

Couple accepting keys to new home

Applications are now being accepted at Minster Bank for our Welcome Home Grants, which provide up to $5,000 in free money toward a down payment on a home. The available grant funds through the Federal Home Loan Bank of Cincinnati can be used toward the down payment or closing costs on a new home you… Read more »

In 3 Simple Steps: Get Your Business Emergency Prepared

Two businessmen reviewing emergency evacuation plan

All businesses should prepare for the unexpected by setting up an emergency management plan. According to James Bucki, Director of Computing Technologies at Genesee Community College, 75 percent of businesses that experience a significant disaster fail within six months. “Remember, your company is a series of interconnected systems,” he writes in an article for TheBalance.com…. Read more »

President/CEO Retires After 31 Years of Dedicated Service

Mark and Dale

In 1986, Ronald Reagan was President and gas was 93 cents to the gallon. What else was special about that year? CEO and President Mark Henschen began his career at Minster Bank. Henschen announces retirement On January 31, 2017, Mark locked up the bank one last time, signing off as retired after 31 years of… Read more »

4 Reasons to Use Wealth Management Services

Man working with wealth management services

What are wealth planning services? Simply put, wealth planning is the process of balancing and addressing these four objectives: security, a comfortable standard of living, the ability to provide for others and the ability to leave a legacy. It is more than an investment—it’s a multi-step process that clients go through as they make decisions… Read more »

How to Prepare for Tax Season

Young woman with red hair prepares taxes at home

It’s not exactly as highly anticipated as the holidays, beach-weather days or spring, but tax season still rolls around each year and often takes taxpayers by surprise. With a little preparation, however, you don’t have to be stressed about tax season. Get tips for getting ready for April 15 here. 5 Tips to Help You… Read more »