Category: Financial

Rising interest rates 2019

What Recent Interest Rate Hikes Mean for Banking Customers

posted on January 15, 2019 in Financial

Here’s what you need to know about federal interest rates as they continue to rise The steady, annual increases to federal interest rates have business and retail banking customers nervous. Recent Interest Rate Activity After a recession period of interest standstill—stretching from mid-December 2008 to mid-December of 2015—rates have slowly crept back…Continue Reading »

2019 interest rate hikes in bear market

Fed Lowers 2019 Interest Rate Hike Forecast from Three to Two

posted on January 10, 2019 in Financial

U.S. Rate Hikes to Continue at Slower Pace in Down Market Despite down market, the Fed signaled more 2019 interest rate hikes in January. Subsequently, stocks carried their negative trends into January. Background 2018 Interest Rate Hikes On December 19, the Fed raised interest rates for the fourth and final time in…Continue Reading »

5 Profit-Driving Business Resolutions for 2019

posted on January 1, 2019 in Business

Ring In the New Year with This Simple Business To-Do List Every year, we—as individuals, as business owners—try to trick ourselves into achieving ambitious goals. To will our wants into realities, we use a stronger, more determined word: resolution. After all, a resolution is a decision. A goal could end in failure….Continue Reading »

The Dangers of Cash Advance and Short-Term Loans

The Dangers of Cash Advance and Short-Term Loans

posted on December 4, 2018 in Financial

5 Essential Questions to Ask When Considering Cash Advance and Shorter-Term Loan Options What is a cash advance loan? Cash advance loans, also known as merchant cash advances (MCAs), are the product that birthed the online lending industry. A solution for business owners ineligible for bank approval, cash advance provides business owners…Continue Reading »

Federal interest rates rise in 2018

Fed Interest Rates Rise Again — the Third 2018 Rate Hike

posted on October 2, 2018 in Financial

What to expect after the latest federal interest rate increase   Source: CNBC Last week, the Federal Reserve raised its federal funds rate target range a quarter percentage point, 2.00–2.25%, marking the third interest rate hike of the year. The decision to raise the interest rate did not come as a surprise….Continue Reading »

Credit Freeze Law 2018

Free to Freeze: The Right to Freeze Your Family’s Credit Reports

posted on September 15, 2018 in Financial

How the new Dodd–Frank reform law helps protect both personal credit and your children’s credit   Kids Are Getting Too Much Credit Identity theft is rampant, and it’s all about the money. Undeservingly, kids are getting all the credit. New credit files never applied for are popping up on children’s financial records….Continue Reading »

Strategies for Saving & Investing

How You Can Earn 200x More Interest

posted on September 3, 2018 in Financial

Rising Certificate of Deposit (CD) returns prove that time really is money The most common interest rate on savings accounts is 0.01%, according to ValuePenguin’s 2018 report. If your money is with a big bank, chances are you’re earning just that. In a year where rates are on the rise, it may…Continue Reading »

Business owner separating personal and business bank account finances

Why You Should Open a Separate Bank Account for Your Business

posted on July 17, 2018 in Financial

Maintaining Separation Between Your Business and Personal Life Saves Time and Sanity   As a small business owner, you may not see the need to open a business bank account. After all, products like QuickBooks and FreshBooks make it easy to sort business from personal. But if the goal is to grow…Continue Reading »

Young couple meeting bank lender

How to Choose a Bank Lender

posted on June 18, 2018 in Financial

7 Steps to Finding a Business Lender that’s More Advisor than Salesperson   Finance guru and talk radio personality Dave Ramsey encourages his listeners to look for financial advisors with the “heart of a teacher.” Of course, that’s easier said than done when it comes to business banking. After all, salespeople outnumber…Continue Reading »

older couple planning for retirement

How You Can Secure Savings for Retirement

posted on June 4, 2018 in Financial

The Right Mix of 401(k), IRA, Money Market, CD, CDARS, and ICS   You’re almost there. Retirement is right around the corner. The question is, are you ready? Now that you’ve reached this exciting stage, you’re looking to reduce risk and secure your savings through safe investment options. Tax-favored retirement accounts, high-yield…Continue Reading »

Mortgage Payment Calculator*

Balance time, interest, and monthly payments to see what financing works best for your goals. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

Loan Amount:
Monthly Principal Interest

Loan Payment Calculator*

Break down your loan to determine which payment options best fit your needs. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

Number of Payments:
Interest Rate:
Your Montly Payment:

Savings Estimator*

Enter how much you can afford to save monthly to see how much that investment could benefit you later. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

Total invested each month: (Ignore comma)
Number of months/years to acquire sum:
Interest rate on savings (%):

Debt Payoff Calculator*

Make goals to pay your debt off by a specific date. Use the calculator to plan out payments and set a timeline to become debt free. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

Enter your credit card balance:
Enter the credit card's interest rate:
Enter payment amount per month:
Enter desired months until debt free: