Does the 4 percent rule still work as a retirement saving strategy?

Does the 4 Percent Rule Still Work?

If you’re well along the road to retirement, you’ve probably heard about the 4 percent rule in some capacity. This guideline for making withdrawals in retirement has been confirmed through extensive study and practice over the past 20 years. But with the financial demands on today’s retirees, is this strategy still valid? What is the… Read more »

Person using mobile banking from Minster Bank to make holiday shopping easier

You’ll Love These Banking Features for the Holidays

According to the National Retail Federation, the average person will spend just over $1,000 this holiday season. Sound like a stretch for your wallet? It might be time to start preparing for next year with a holiday savings account. A Minster Bank holiday savings account is a tool that can help you plan and save… Read more »

Woman painting a room in preparation for selling her home

Smart tips to get the most money from your home sale

Your home is full of memories. Perhaps it was the first place you and your spouse lived together. Maybe your children took their first steps in the living room, or the kitchen was host to dozens of Thanksgiving feasts. And if you’re trying to sell your home, you’re trying to sell the idea that someone… Read more »

Pile of items such as cans, peanut butter, oils, and cereal to donate to a local food drive

Minster Bank to Host Canned Food Drive This November

For the past four years, Minster Bank has proudly hosted a holiday food drive to serve local organizations and now the time has come for the 2018 drive. All donations will be presented to one of eight local nonprofit organizations in our communities. How will your donation make a difference? Learn more about the charities… Read more »

woman starting up a business on etsy

How to Have a Successful Start on Etsy

Starting your own business is an exciting endeavor, and with popular digital platforms like Etsy, it’s easier than ever to get the word out about your ideas. If you’re someone who makes your own products, Etsy is a great system to use. Etsy is a marketplace designed for unique, handmade items. Once you find something… Read more »

U.S. Army soldier with bag smiling

Minster Bank Says Thank You This Veterans Day

This Veterans Day, we’re saluting the people who have served our country in the armed forces. We’re proud to share two of our own associates’ stories of their time in the military and their advice for veterans returning to civilian life and the workforce. Harley Stewart, U.S. Navy A native of Marble Hill, a tiny… Read more »

protect yourself from cyber security

5 Ways to Protect Your Business from Cyberattacks

Malware is a threat to any business that stores employee or customer data. Help reduce your business’ risk of data breaches by implementing these strategies. Where to start with cybersecurity The first step to protecting your business from cyberattacks is awareness. AJ Agrawal, a contributor with Entrepreneur, recommends educating yourself on the different types of… Read more »

Woman grocery shopping and saving money by creating a food budget

How to Create a Food Budget

While food expenses are a necessary component of any monthly budget, there are practical ways to reduce food costs. Get the lowdown on creating a monthly food budget, as well as other steps you can take to stick to personal savings goals in this area, below. Calculate your typical monthly food expenses According to Kitchn… Read more »