Tips for 2020’s Holiday Shopping Season

2020’s holiday shopping season will be one for the books. Due to changes in consumer preferences and economic situations as a result of the global pandemic we’re currently battling, holiday shopping this year will be unlike any other holiday shopping season prior. While a recent McKinsey report predicts a 25% net decrease in holiday shopping intent this 2020 […]

Businesses thriving in the pandemic

The first two quarters of 2020 were a historically dark time for the U.S. economy, as COVID-19 seized normal operations everywhere. Many businesses will not reopen, and many employees will not return to their jobs. According to The National Bureau of Economic Research  42% of the recent COVID-19-related layoffs will become permanent. Uncertainty forces change, and […]

Tips on keeping your home network safe

October happens to be Cybersecurity Awareness month, and ironically there has been an increase in the number of incidents in which hackers have targeted smart devices and home networks. This is even more troublesome as more and more people have been using such networks as they have been working remotely due to the pandemic. If […]

4 Reasons why you should buy a car soon

March was an extremely difficult month for the auto industry. Car sales fell by an unprecedented 27% in the first quarter. Shelter-in-place and stay-at-home mandates due to the pandemic made it more challenging to sell new cars in most areas of the country. As the auto industry looks to rebound from a tumultuous start, those […]

Back-to-School Budgeting Tips

August marks the beginning of the back-to-school season, which is a time of anticipation and excitement as students look forward to embarking on the journey of a new scholastic year. For parents, this time can be extremely stressful if they haven’t prepared financially for back-to-school shopping. 2020 will put an additional twist on this already […]

4 Tips on shifting your Money Mindset

  A person’s mentality has a lot to do with how successful they are or will be in many facets in life. When it comes to money this is no different. For those of us who have a negative outlook on money, you may have developed a “scarcity mindset”, and you’ll find yourself always focusing […]

Financial Awareness Day 2020

August 14th is National Financial Awareness Day. Diving deep into the ins-and-outs of your personal financial situation can be intimidating for some, however it is essential to your overall wellness that you have some idea of what is going on with your financial picture. If you aren’t too knowledgeable of your current financial landscape, you’re […]

Millennial views on wealth and investing during the pandemic

The overwhelming impact of the pandemic on the economy has put the pressure on Millennials to achieve financial security and build generational wealth. Burdens on Millennials have increased and include a growing sense of financial insecurity along with social unrest. The spending and investing trends of Millennials during the COVID-19 pandemic are much different than […]

From the Teller Line: Money managing tips during the pandemic

Due to the uncertainty that the COVID-19 pandemic has caused in our lives, budgeting has become a major priority along with staying safe and healthy. While you may end up utilizing more of your credit card limits than normal, you want to avoid accumulating too much additional debt and long-term financial damage. Taking some simple […]

From the Teller Line: Auto loans may be the key to your new car purchase

Buying a new car can be a time consuming ordeal. No matter what your occupation is, everyone has their own budget and deciding on the right car and the right way to purchase that car is an important decision. Whether you’re buying the vehicle of your dreams or a car to get from point A […]