Tips for Cutting Costs and Better Saving This Year

By Lynda Mason The dawn of a new year is always exciting.  For one thing, it offers a fresh opportunity to break bad habits and think about new ways to make our own lives better.  Some people decide to eat healthier or visit the gym more often.  Others decide to spend more time with loved […]

Six Tips for Using P2P Payment Apps

By Dave Wall In today’s digital world, most of what we do is somehow attached to our smartphones.  From our communication and social media to shopping and dining, you probably use a mobile app to get things done.  That includes banking.  Most of your banking features are available on right in the palm of your […]

Are You a Renter Looking to Become a Homeowner?

By Paul Mulligan, SVP, Retail Lending Last year, while many businesses and industries suffered, the real estate market in Connecticut had a phenomenal year, with a 17% increase in home purchases.  The 38,641 single-family homes bought was the highest in the state in 15 years.  One factor certainly was the fact that the number of […]

Four Ways to Pay Off Your Student Debt Faster

By Celeste Lohrenz Did you know that the average student loan payment is $393? That’s a major expense in and of itself — but as most borrowers know, the real cost of student debt is much higher than their monthly bill. The burden of student debt can hold borrowers back from major life events and […]

Business Customers – Learn about Clover on October 22nd

Come meet us on Oct. 22 Get up to $750 back when you open a new merchant services account* Power your business possibilities. Explore our wide range of solutions designed to meet the needs of your business so you may finish the year strong. We’re bringing Clover merchant services solutions and expertise to you! Hands-on demos […]

What the Federal Student Loan Payment Freeze Extension Means For You

By Jorge Santiago If you have federal student loans, you probably already know that emergency payment suspension has been extended to January 31, 2022. Between recent student loan servicer shakeups, the Covid-19 surge, and 90 percent of affected borrowers saying they’re not prepared to resume payments, the decision to extend the payment freeze beyond September […]

Do You Plinqit?

By Celeste Lohrenz We all know we should be saving money.  From the time we got our first summer jobs during high school, our parent’s almost certainly tried to convince us to put most of it in the bank.  Even though we know we should be saving, most of us probably didn’t do it as […]

Student Loans 101

by Jorge Santiago College is expensive. In the 2020-2021 academic year, the average private college’s tuition and fees was $35,087; public colleges averaged $21,184 for out-of-state students and $9,687 for in-state students. Multiply that by at least four years, and the total cost of a degree is one very few students — or their families […]

Estimating Your Retirement Income Needs

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your […]

10 Years and Counting: Points to Consider as You Approach Retirement

1 2020 Retirement Confidence Survey, EBRI 2Note that if you work while receiving Social Security benefits and are under full retirement age, your benefits may be reduced until you reach full retirement age. 3Working with a tax or financial professional cannot guarantee financial success. 4EBRI Issue Brief, May 28, 2020 5A complete statement of coverage, including […]