Three Ways to Bring Up Your Credit Score

by Trish Townsend Credit scores are a necessary part of making big financial decisions these days. Whether it’s buying a car, getting a mortgage, or even applying for some jobs, a high score shows you’re a responsible individual. If you’ve made some mistakes with your credit in the past, all is not lost. Here are […]

Go Mobile with The Milford Bank

by Becky Tudor The Milford Bank recently updated our mobile platform for customers by adding a mobile app for Apple, Android and Amazon tablets. The app is designed to make your banking experience more convenient by enabling you to manage your day-to-day finances from your own smart devices. Best of all, the app is free! […]

Make the Most (Think $$$) of Your Spring Cleaning This Year

by Sindy Berkowitz Have the winter months left your home feeling cluttered? What’s worse, is your living space fuller than your bank account? If both conditions apply, take a hard look at what is collecting dust around the house—perhaps it could help you financially. With Spring (and being able to open the windows again) right […]

In Four Baby Steps, Help Your Children Establish Their Own Credit Histories

by Celeste Lohrenz A sound credit history can help you obtain the best rates and terms when making purchases that lead to a more satisfying life (aka the American dream). Whether you’re trying to finance an automobile or a house, or even just rent an apartment, your credit score can be very important. And this […]

Are you ready for tax season?

by Lynn Viesti Berube Filing your tax forms can bring financial relief in the form of a refund or financial devastation in the form of an audit. Planning ahead is a great way to make sure you maximize your refund and ensure your financial health. Make the best of tax season and lower your chances […]

First-Class Vacationing on an Economy-Class Budget

By Lynn Viesti Berube Are you overdue for a vacation? You know the signs: little problems may easily morph into big ones, you’re making more mistakes than usual, and perhaps your co-workers keep asking if you feel alright. Taking a vacation might be a great way to reduce stress and freshen your outlook, while experiencing […]

Card Security: What’s That Chip Doing There?

by Celeste Lohrenz Credit and debit cards have become the norm for Americans as fewer shoppers opt to carry cash for day-to-day purchases. Swiping for gas, groceries and even train tickets has become second nature. However, the public’s reliance on this payment method has made card systems a rewarding target for hackers and has led […]

Did You Miss Out—or, Happily, Benefit From—Milford Bank’s Top Five Moments of 2015?

by Lynn Viesti Berube Do you realize that the bank you rely on for financial services is also tops when it comes to supporting the community? That’s right: Milford Bank is right here, offering a lending hand in a variety of ways, from fundraising for causes close to your heart to providing free financial seminars, […]

What Will Rate Hikes Mean for Your Family?

by Paul Mulligan Back in December of 2008, the Federal Reserve instituted a zero interest rate policy in an effort to curtail the effects of what is now commonly called the Great Recession. For the past seven years, borrowers have been able to take advantage of these lower interest rates. But with the economy now […]

How The Milford Bank Is Engaging the Millennial Generation

by Jorge Santiago A recent Gallop poll on the banking tendencies of the millennial generation (those born between 1980 and 1996) reveals that this demographic is just as financially astute as preceding generations, despite perceptions to the contrary. In fact, nearly a quarter of them have more than $50,000 in investable, liquid assets. What’s more, […]