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Take Time to Give Back This Holiday Season
/in Community Involvement, General Information, Value Added Services /by Lynn Berubeby Jorge Santiago Entering the home stretch of 2016, there are plenty of highlights coming up on the calendar: Thanksgiving, New Years and everything in between. The holidays can be full of excitement as you gather with friends and family to give thanks for the wonderful things in your life. With all the planning that […]
There’s No Such Thing As A Free Lunch (break)
/in Checking Accounts, Finance, General Information, Household Finances, Savings, Value Added Services /by Lynn Berubeby Nila Pathammavong The saying goes that there’s no such thing as a free lunch. According to a recent report the common phrase is now more appropriate than ever. A pricing analysis conducted by NDP Group found that in many restaurant segments, prices have risen 5 percent in the last 12 months. At the same […]
Three Local Events You Can’t Miss This November
/in Community Involvement, General Information, Meet Our Staff /by Lynn BerubeBy Celeste Lohrenz As a community bank, we understand that your success is our success. Without a thriving, engaged and prosperous community around us, we wouldn’t be where we are today. With the holidays approaching, it becomes more important than ever to lend a helping hand. This November, Milford Bank will be putting on a […]
America Has a Saving Problem: What’s in Your Wallet?
/in Checking Accounts, Finance, General Information, Household Finances, Learning Center, Savings /by Lynn BerubeBy Matt Kelly Savings accounts are a vital component of anyone’s financial planning. By putting aside a portion of your earnings into a savings account, you can grow your wealth by taking advantage of interest rates so that you can be assured you’ll have the funds necessary when a need arises. Whether you’re saving up […]
Five Easy Ways to Improve Your Fuel Efficiency
/in Community Involvement, Finance, General Information, Household Finances, Learning Center, Savings /by Lynn BerubeBy Pam Reiss According to the United States Department of Energy, Americans will drive 3.17 trillion miles this year. And whether a majority of the miles on your odometer were accrued by your daily commute or a cross-country road trip, the fact remains the same—you’ll be putting a substantial portion of your paycheck into your […]
Don’t Let Finances Wreck Your Relationship
/in Finance, General Information, Household Finances, Investment Services, Learning Center, Savings /by Lynn BerubeBy Cortney Meng Anybody in a relationship knows that love and money will invariably intersect. Relationships are partnerships, and managing finances simply comes with the territory. But the results of a recent survey conducted by SunTrust Bank revealed that finances are the primary culprit for many couples’ relationship stress. According to the survey, 35 percent […]
Calculating Your Net Worth: Five Common Questions
/in Finance, General Information, Household Finances, Investment Services, Learning Center, Savings /by Lynn Berubeby Mark Attanasio Even if you never actually see your paycheck and it is automatically transferred to your bank account each week, you may still know how much you’re making—maybe even down to the penny. Most people are fully aware of their income. But when it comes to net worth, the story is entirely different. […]
Six Things You May Not Know About Labor Day
/in Checking Accounts, Community Involvement, Finance, General Information, Household Finances, Value Added Services /by Lynn Berubeby Pat White With Labor Day coming up on September 5—the first Monday of the month—many of us will be taking advantage of the impending three day weekend. Whether you’re using the chance to take one last weekend getaway to the beach before the end of summer, hosting a backyard party with your friends and […]
Financial Independence is the New Retirement
/in Mortgage /by Lynn BerubeBy Mark Attanasio When thinking about the path to retirement, we tend to assume a typical trajectory: go to school, get a job and then work tirelessly for the next 40 years. But in reality, there are many different paths to the same destination. Today, many people are opting to find alternate ways to retirement, […]
Thinking About Adding a Dog to the Family? Read This First!
/in Finance, General Information, Household Finances, Learning Center, Savings, Value Added Services /by Lynn Berubeby Lynn Viesti Berube There’re reasons dogs are considered man’s best friend: They give their owners unconditional love, are intelligent, provide countless hours of entertainment and are highly loyal. If you’re thinking about adding a puppy to your family unit, consider all these charming attributes. But also think about whether you can afford to own […]