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Equifax Data Breach Hits 143 Million Americans
/in Community Involvement, Finance, General Information, Household Finances, Learning Center, Mortgage, Savings, Value Added Services /by Lynn BerubeBy Susan Shields These days, there aren’t many big financial decisions that you can make without a credit report. You’ll need one to buy a home, lease a car, and maybe even land a job. But if you had your credit report put together by Equifax, you may be one of 143 million Americans with […]
FTC Warns: Watch Out for Scams When Donating to Hurricane Victims
/in Community Involvement, Finance, General Information, Household Finances, Learning Center, Value Added Services /by Lynn BerubeBy Jorge Santiago Late last month, the historic Hurricane Harvey hit the coastal regions of Texas and Louisiana with record-setting rainfalls, leveling entire communities in its path. The aftermath is hard to believe: billions of dollars of property damage and thousands of lives changed forever. But in these trying times, the good will of the […]
Milford, Stratford Residents: What’s Your Emergency Preparedness Plan?
/in Community Involvement, Finance, General Information, Household Finances, Value Added Services /by Lynn BerubeBy Jorge Santiago In light of the recent hurricanes that have devastated communities from Texas to Caribbean, Americans are taking notice and recognizing the importance of making sure they themselves are prepared in the case of an emergency. Of course, with Milford and Stratford both on the shoreline, planning for a hurricane should not be […]
Unlucky in Love? Your Credit Score—Not Your Game—May be to Blame
/in Checking Accounts, Finance, General Information, Household Finances, Investment Services, Learning Center, Savings, Value Added Services /by Lynn BerubeBy Trish Townsend Based on the results of a recent Lending Tree survey, Americans are not paying close enough attention when it comes to their credit scores. The report revealed that 60 percent of people around the country do not know their own credit score. On a day-to-day basis, you might not think it matters […]
New Poll Reflects Americans’ Preferred Long-Term Investment Strategies
/in Checking Accounts, Finance, General Information, Household Finances, Investment Services, Learning Center, Loans, Mortgage, Savings, Value Added Services /by Lynn BerubeBy Patty Gallagher There is no one-size-fits-all solution when it comes to long-term investment planning. Every individual, and every family, has different needs and wants, expenses and assets. As such, it can be difficult to get the right context to help you make an informed decision that will suit your needs. And while you cannot […]
New Study Reveals Shifting Consumer Expectations for Financial Services Industry
/in Checking Accounts, Community Involvement, Finance, General Information, Household Finances, Learning Center, Online Banking, Savings, Value Added Services /by Lynn BerubeBy Jorge Santiago The proliferation of connected technology over the past decade or more has reached a point of near ubiquity, with smartphones, tablets and other Internet-enabled devices just about everywhere we look today. These devices, and the power to connect, has given rise to a drastic shift in consumer expectations and behavior, forcing all […]
The Milford Bank Presents: The Weird World of Financial News!
/in Finance, General Information, Household Finances, Learning Center, Savings, Value Added Services /by Lynn BerubeBy Brenda Norris At The Milford Bank, we’ve been committed to helping Stratford and Milford families improve their quality of life for generations. And given how long we’ve been at it, we thought we’d seen it all. But if you’ve seen the headlines lately, you’d realize that these are truly unique times that we live […]
With the Stock Market Surging, Should You Be Investing?
/in Finance, General Information, Household Finances, Investment Services, Learning Center, Online Banking, Savings, Value Added Services /by Lynn BerubeBy Celeste Lohrenz Following a July 26th announcement from the Federal Reserve Chair Janet Yellen that the Fed would not be keeping interest rates unchanged through later this year at the least, the Dow Jones Industrial Average closed out that day at a new record high. This caps off half a year of gains for […]
Five Ways to Save On Your Back-to-School Shopping List
/in Community Involvement, Finance, General Information, Household Finances, Learning Center, Savings, Value Added Services /by Lynn BerubeBy Tina Mason Though the days are still long and warm, summer is eclipsing sooner than anyone would like to admit. And as the summer winds to a close, parents will be flocking to stores to do a record amount of back-to-school shopping, according to recent figures from the National Retail Federation. According to the […]
Milford, Stratford Business Owners: Now is the Time to Act on Cybersecurity
/in Community Involvement, Finance, General Information, Value Added Services /by Lynn BerubeBy Dave Wall If you’re a business owner in the Milford or Stratford area, it would be easy to think that you’re not at risk of succumbing to a cyberattack. After all, it’s often government agencies and global enterprises that continue to make the headlines whenever a hacker strikes. But just because you’re not in the […]