Entries by Lynn Berube

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 […]

Why Small Businesses and Community Banks are a Perfect Match

By John Darin May is Small Business Month, celebrating the importance of small businesses to our national and local economies.  Small business owners and their entrepreneurial spirit are a cornerstone of our economy and our local communities.  In Connecticut, they comprise 97% of business and employ half of the state’s workforce. Small Business Month also […]

Setting Your High School Senior Up for Financial Success

By Tina Mason Now that we’re in the second semester of the school year, the college applications have been submitted and high school seniors are waiting anxiously to receive a response.  Soon, they’ll take another step on the the path to their future and before you know it, parents will be be packing up cars […]

Why Mutual Banks Make Sense

By Jorge Santiago Mutual banks have been around since the early 1800s.  There are currently about 470 in business across the country and nearly all of them are also classified by the FDIC as community banks.  They were initially created to provide savings opportunities to the working class, something they couldn’t easily get from commercial […]

10 Tips for Safe Online Banking

It’s not surprising to see digital banking continue to grow, considering nearly everything else we do is accessible online.  Over the past several years, online and mobile banking has grown as the primary banking method by almost 25%, according to the FDIC.  It’s not hard to imagine that growth continuing this year, especially as the […]

7 Things You Think You Know About Credit Scores, But Don’t

By William LoCasto When was the last time you checked you credit report?  If you’re like many people, it’s probably not frequently enough.  The good news is you can do it at least three times a year at no cost, because the three major credit reporting agencies are required to provide one free credit report […]

Creating Strong Passwords To Keep Your Digital Accounts Safe

By Patty Gallagher Any time you go online, you’re likely to have to enter a password to access your banking information, shopping account, or other digital services.  It’s your tool for keeping your accounts and information secure from hackers and thieves, and it’s why you should take your passwords seriously. Criminals will use many means […]