When you think of investing, you may think of stocks, bonds or 401(k)s. However, there are lots of options for investing, including short-term investments. A certificate of deposit (CD) is one of them. CDs are low-risk and offer a higher interest rate than traditional savings accounts, and you can choose the right term length to… Read more »
This blog was originally published in 2019, and it was updated in 2023. Online banking and investing are modern-day services that provide convenience for those on the go. You can quickly pay bills and move money around using your home computer, smartphone or another compatible device. However, this convenience can become a major hassle if… Read more »
This blog was originally published in 2019, and it was updated in 2023. 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. According to a Federal Reserve survey, 51 percent of U.S. banking consumers… Read more »
Although most banks offer the same services, that doesn’t mean that all banks are the same. Minster Bank is proud to be a community bank that puts customers first. So, what makes us different than others? Read on to hear some examples provided by Minster Bank employees. Find a Minster Bank Location Near You >>… Read more »
Whether you’re playing catch-up or fine-tuning established investments, your 30s are crucial years for strengthening your financial future. Consider these tips to help make your road to retirement a bit smoother. Know Your Investment Options Whether you’ve already been saving for retirement or you want to get started, it’s important to be aware of your… Read more »
In the past, it was not uncommon for homeowners to buy a house around the age of 30 and have paid it off in full by the age of 60, hence the 30-year term for mortgages that has become the industry standard. But the Federal Reserve Board has found that more than a third of… Read more »
Retirement is a big goal, no matter how far you are into your career. That’s why everyone needs to account for differences like healthcare needs, time in the workforce and more. Learn three reasons why women need to save more for retirement – and how to get there. Reason #1: Women Tend to Live Longer… Read more »
