by Jorge Santiago To increase the ease with which commerce is conducted and to control inflation, countries need a strong banking system. After all, there has to be some force working to ensure a country remains fiscally sound. America’s finances are governed by the Federal Reserve, the country’s central banking system. The Federal Reserve Act […]
by Pam Reiss When should you start planning for retirement? Assuming you want to stop working one day—and still be able to provide for your family and be comfortable financially—the answer to that question may be yesterday. But the good news is that it’s never too late to start planning for the future. If you […]
By Lynda Mason Have you ever gone to a bank where, when you walked in, you’d experience an icy sensation from the stuffy environment; you were likely afraid to touch anything or even make a noise? Many of us have been in that kind of bank, too. And that’s why we work hard at The […]
by Cortney Meng Though we always know when the holiday season falls, it seems as though it approaches faster and faster every year. And with the holidays come a seemingly never-ending list of expenses that includes presents, plane tickets and fancy dinners. With a finite amount of cash on hand and a stockpile of bills […]
by Janet Harrison If you had all the money in the world, what would you choose to do for work? That’s the question we’re supposed to ask ourselves to identify what we’d prefer to do for a living. Maybe your response to that question indicates that you’d like to become a photographer, for example, or […]
by Jorge Santiago It’s hard to believe that Thanksgiving is right around the corner. But 2014 has flown by and, sure enough, turkey will be served on dinner tables across the country within a few short weeks. This is the time of year when we reflect upon our blessings and show our appreciation to our […]
By Bob Russo The scam usually goes something like this: You receive a phone call from someone claiming to be your grandchild. Or perhaps the caller is claiming to be someone contacting you on your grandchild’s behalf— like a police officer, for example, who says he/she has just arrested your grandchild and is requesting bail […]
By Cortney Meng You might think that when you open a savings account or a checking account at The Milford Bank, you’ll have to do all of your banking—including free ATM transactions—within the limits of Milford and Stratford. Not so! While it may be true that our seven branch locations are contained within those two […]
by Celeste Lohrenz How do you prefer to do your banking? According to a recent survey by the American Bankers Association, most Americans (31 percent) prefer to do their banking online. Surprisingly, that represents an 8 percent decrease from 2013. Additionally, this year, more customers prefer doing their banking at a branch (21 percent) than […]
By Pam Reiss Earlier this year, we published a popular blog post that explored some of the older United States currencies that are no longer in circulation. Fresh off the success of that piece, we decided it made sense to similarly explore some of the coin-related numismatic history of our country. Believe it or not, […]
