Are CDs Right for You? Weigh the Pros and Cons to Decide
A certificate of deposit (CD) is an easy, safe place to stash your savings and earn some interest while you’re at it. But CDs have some features that may not work for your situation. So how do you know if a CD is right for you? When you have an important decision to make, especially […]
How Risky Are Certificates of Deposit?
Life is all about balancing risks and rewards — especially when it comes to your finances. You want your money to earn interest at the highest rates, but you also want to safeguard your principal. Generally speaking, high-risk investments — like some stocks and bonds — yield higher returns than FDIC-insured bank products — like […]
Do Higher Interest Rates Mean It’s a Bad Time to Purchase a House?
The years following the market crash in 2008 at times felt like a staging of “Waiting for Gadot.” Like the play’s title character, interest rate hikes never arrived, even though you expected them at any moment. For seven years, the Federal Reserve’s benchmark federal funds rate, the rate that banks charge to loan each other […]
The Basics of a Jumbo Mortgage
Chances are, you know a little something about mortgages. But have you heard about their big brother, the jumbo mortgage? A jumbo mortgage — also known as a jumbo home loan — might sound expensive and downright financially daunting, but it’s not nearly as intimidating as it sounds. A jumbo loan is simply a big […]
Top 5 Myths About Putting A Down Payment on Your New House
Plenty of myths circulate about the home buying process. With conflicting pieces of information flying all over the neighborhood, how are you supposed to know what to believe? It’s time to provide some clarity about one of the more misunderstood parts of buying a home: The down payment. If you’re a first-time homebuyer, you might […]
Turn ‘Can’t Even’ Into ‘I Got This’ With This Interactive Investing Guide
In an Credence Global Bank Invest survey of U.S. adults, we found nearly 66% of Millennials said they found investing to be intimidating or downright scary. To help you get the proverbial investing monster out of the closet, we launched this GenZ- and Millennial-friendly e-book titled: The Clutch Guide to Investing. Click to read The Clutch Guide to Investing […]
6 Questions to Help You Actually Have ‘The Money Talk’ Without Freaking Out
In the beginning of a budding romance, finances can be the farthest thing from your mind. Before you take things to the next level (i.e. moving in together), it’s imperative to get on the same page about how the two of you will approach spending, saving, debt, and budgeting as a couple. And perhaps for […]
Why We Salute Military Veterans’ Contributions to Our Company Culture
Growing up in Nashville, Tennessee, Donna Sullivan always pictured herself working in a big downtown building. Her path to achieving that childhood dream wasn’t conventional. Several of Sullivan’s family members, including her mother, didn’t graduate high school. No one in her family went to college. The first person to seriously talk to Sullivan about a […]
Civilians and Veterans Learn Common Language Through Our Employee Resource Group
Eliot Sippola’s (pictured above) father was a civil engineer in the Army stationed in Germany during the Vietnam War era. His job was to understand the area’s infrastructure and how the surroundings could be used to prevent an enemy from advancing. Sippola’s grandfather was gifted at disassembling complex machinery and putting it back together from […]
Drive Away with the Vehicle Financing Option That’s Best for Your Budget
When it comes to financial decisions, you’ve always prided yourself on being savvy with your money. Now that you’re in the market for a new set of wheels, you want to learn more about your financing options since you’ve heard that buying a car outright isn’t always the best deal for your bottom dollar. Purchasing […]
