Should You Pay Off Your Mortgage Before Retirement?

Senior old couple holding documents and paying bills.

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 »

Three Reasons Women Need to Save More For Retirement

Woman inserts a coin into a piggy bank

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 »

4 Top Resources for First-Time Homebuyers in West Central Ohio

A couple receiving keys and smiling in their new home

No matter your age or circumstances, purchasing a home for the very first time can be daunting, but you don’t have to navigate this process alone. There are lots of free resources out there for first-time homebuyers, as well as experienced professionals who can guide you. 1. Mortgage Loan Officer Your mortgage loan officer will… Read more »

Employee Spotlight: Andrew Peyton

Employee Spotlight: Andrew Peyton

As a recent addition to the Minster Bank team, Andrew Peyton is settling into his role as a commercial lender at the Minster Bank Vandalia location. His responsibilities include providing banking solutions to businesses in the Dayton area and business development. Originally from Wilmington, Ohio, Peyton earned a degree in business at Wright State University… Read more »

Owner of Champion Nutrition Reflects on Partnership With Minster Bank

Casey Rammel and her family at the Grand Opening of Champion Nutrition

If you’re in the New Bremen area and in need of a healthy pick-me-up, Champion Nutrition is the place to go. Since the summer of 2021, small business owner Casey Rammel has been providing the community with shakes, energy teas, vitamins and healthy snacks that contain Herbalife Nutrition supplements. Minster Bank has been a great… Read more »

9 Easy Tips For Purchasing Your First Home

9 Easy Tips For Purchasing Your First Home

Walking through the door of a home that could one day be yours is an irreplaceable feeling. As you stand in the middle of the wood-paneled, orange-carpeted living room soaking it all in you can begin to see your vision for this cozy cottage unfolding right before your eyes. Purchasing your first home is a… Read more »

Minster Bank Vice President of Operations to Retire and Replacement Named

Minster Bank Vice President of Operations to Retire and Replacement Named

After more than four decades with Minster Bank, Phyllis Rose retired from her executive role as vice president of operations, which will be fully effective January 2023. Connie Meiring will replace Rose in this position and has transitioned from her previous position as HR manager. Since April 1980, Rose led the charge to improve operational… Read more »