The Best Places to Save Money and Earn Interest

Saving money is central to any plan for achieving personal financial well-being. It gives you incredible financial power, including the ability to fund future goals and weather life’s unexpected events. Nonetheless, figuring out where to save money can be challenging, especially with endless options available in person and online. Below are the five best places […]

What is a Certificate of Deposit (CD)?

A Certificate of Deposit (also known as a CD, COD, or Time Account) is a financial product that usually pays a fixed interest rate for a set period, ranging from a few months to several years. This period is known as a “term.” Below are six things to know about CDs when deciding where to […]

6 Different Types of Checking Accounts You Can Choose

Checking accounts are basic financial tools, allowing you to pay bills, transfer funds, and make purchases through electronic transfers, paper checks, and debit cards.  However, not all banks and credit unions offer the same checking accounts. Below are six types of checking accounts before you decide where to put your money. 1.    Traditional checking account […]

What to Consider Before Choosing a Local Bank

Whether you are new to banking or feel the need to make a change, there are many factors to consider before choosing a local bank. There are plenty of details that can help you decide which bank and which accounts offered by that bank are best for you — but it’s important to start by […]

Why Credit Unions are Better Than Traditional Banks

Money concerns, job instability, and other financial struggles signal a time for a change – and switching to a trustworthy local credit union may be the change you need. A credit union is very much like a bank and offers many of the same services. For example, you can get a checking account with a […]

5 Community Bank Marketing Strategies That Work

In today’s digital age, where customers compare banking services from nearly anywhere in the world, standing out against thousands of other banks offering similar services is difficult. Nonetheless, community outreach remains one of the best and easiest ways for community banks to connect with local customers. Below are five community bank marketing strategies that work: […]

Financial Resolutions for the New Year

Different generations might have different financial goals for the new year. Older generations are more focused on retirement, while younger generations lean toward saving for big purchases or increasing their investments. Determining your goals is a great starting point for improving your finances. Below are six financial resolutions that can be useful for all generations. […]

Is your money safe in a credit union?

Credit unions are not-for-profit financial institutions that are owned by their members. This enables credit unions to charge lower interest rates on loans and pay higher yields on savings accounts. Nonetheless, the bigger question is if your money safe in a credit union. This article highlights five things explaining how your money is protected in […]

Five Better Ways to Acquire Digital Banking Customers at Scale

Most community banks and credit unions struggle to acquire new customers using traditional methods as the world is increasingly moving from physical to digital. Today, many consumers have stopped visiting branches to open new accounts. As a result, the speed and simplicity of digital account opening have become a top priority, followed closely by a […]

5 Proven Strategies for Customer Acquisition

Today, customers’ expectations of banks have gone beyond conventional financial needs, and the future of new customer acquisition in banking requires rethinking past paradigms and adopting new approaches. Here are five proven customer acquisition strategies to help you generate valuable returns, reduce acquisition costs, and bring in more customers. 1.    Increase visibility on social media […]