By Jorge Santiago “I go out of my way to take care of who’s in front of me. I love all of our customers.” So says teller Lisa Richetelli, a familiar face at our Broad Street branch for the last 14 years. While many of our customers certainly know Lisa, some might not know that […]
By Lynn Viesti Berube The whole community benefits when you spend your money locally. We at The Milford Bank understand that perfectly, which is why we’re pleased to work with our business customers to make special offers available from them to the rest of our customers. We started this program several years ago with coupons accessible on our […]
by Jorge Santiago It’s never too early to teach your kids the importance of saving their money. But, in fact, many children get to high school lacking the financial acumen necessary to navigate the next chapters in their lives. Understanding this, The Milford Bank launched the Cent$ible Kid$ program in 2008. We envisioned that the […]
By Jorge Santiago It’s never too early to teach your kids the importance of saving their money. But, in fact, many children get to high school lacking the financial knowledge necessary to navigate the next chapters in their lives. Understanding this, The Milford Bank launched its Cent$ible Kid$ program in 2008. We envisioned that the […]
By Pam Reiss How big is your wallet? It might be quite large due to the amount of plastic it holds. Believe it or not, 78 percent of Americans carry $50 of cash or less on them at any given time. That’s because these days, virtually anything can be purchased with credit cards or debit […]
By Paul Mulligan You are eyeing a 15-year fixed mortgage rate of 3.125 percent. But next to the mortgage rate there is another number that says 3.17 percent annual percentage rate (APR). So what’s the difference between the two numbers, and how does it affect you? Your mortgage rate is the baseline interest that you […]
By Celeste Lohrenz Separating from a spouse is not an easy time. Still, important decisions need to be made related to your finances. Following a separation, you should figure out how to live on your own income. You also should learn about what is going to become of your retirement assets, what Social Security benefits […]
By Bob Russo 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 Patty Gallagher Do you know how much money you would amass if you paid off all of your debts and sold all of your assets? That number is referred to as your net worth. While we would all like our net worth numbers to be near those of Warren Buffet ($65.1 billion) and Bill […]
By Lynda Mason Today’s difficult economic climate has affected many individual’s finances. And it certainly doesn’t help that the prices of everything—from gasoline (did you know gas costs consumers 5 percent more this year than last year at this time?!) to electricity to food—seem to be increasing. At The Milford Bank, we understand the realities […]
