Financial Tips

What are 529 College Savings Plans?

529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12 tuition. Much like the way 401(k) plans changed the world of retirement savings a few decades ago, 529 savings plans have changed the world of education […]

America Saves Week 2024

It’s America Saves Week! Each year, we encourage our community to dedicate this week to pause and do a financial check-in, and this year is no different. Join us this week to get a clear view of where your finances are, where you want them to be, and what small steps you can take to […]

Business Toolbox: Are Your Bank Accounts Fully Insured? What You Need to Know about Deposit Insurance

Most of us don’t spend much time worrying about how safe our money is in the bank. And we shouldn’t. However, during these uncertain economic times, it is more important than ever to be aware of a few nuances to ensure your bank is fully safeguarding your deposits. FDIC Insurance is the first step. The […]

Business Toolbox: SEED Corporation a Valuable Resource for Region’s Small Businesses and Entrepreneurs

Small business owners and entrepreneurs have tremendous resources in our region, many of which are untapped and maybe even unknown. SEED Corporation is one of those assets that every small business owner and aspiring entrepreneur should familiarize themselves with. SEED, South Eastern Economic Development Corporation, is a small business lender that provides financing to both […]

Business Toolbox: Retirement planning tips for your business

If you are self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future. Tax advantages A retirement plan can have significant tax advantages: Your contributions are deductible when made. Your contributions aren’t taxed […]

The Mortgage Process

Thinking about moving forward with a mortgage? To simplify the process, we’ve outlined some of the standard documents needed to process a loan application and included some suggestions to help the process move smoothly and quickly. Have questions along the way? No matter how big or small, we’re here to answer them all. Meet the […]