Credit: How to Play the Game and Win
Credit, credit score, credit reports, credit cards. We?ve all heard about credit and the implications a negative credit score can have, and when someone brings up the topic of credit, everything just seems to go in one ear and out the other. Maybe you can relate? In the most basic terms, credit is a three-digit number that helps lenders judge the likelihood they?ll be paid back when they lend you money. Our credit score determines our creditworthiness and it?s not really something you can just ?opt out? of if you ever want to borrow money to buy a house, to get approved on an apartment application, or even get a job in some cases. Our credit plays a crucial role in these important areas of our life, so today we?re giving you the entire playbook to the game of credit. You?ll walk away with actionable steps you can take to instantly up your credit score because, at Farmers State Bank, we want you to play the game and win!
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Inside Electronic Banking
We all enjoy the fruits of the electronic banking department. We love the mobile app and the ability it gives us to take our bank account into the palm of our hands. We love that we can transfer money around the world. We love being able to confidently make a deposit and not concern ourselves as to whether the funds will automatically be applied to the correct bank account. What we don't realize is that it takes an entire team at a bank to make that all possible for us. In this episode we sit down with the head of our Electronic Banking Department, Troy Graham, to learn the ins and outs of the work they do to make sure our online banking and mobile app runs smoothly and securely.
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How to Prepare Now to Buy a Home
Spring is often the most popular time to buy a home, and for good reason. It's when the weather is favorable for moving, and more houses tend to come on the market. However, the home buying process doesn't start when you begin scrolling through listings in March or April?it starts long before that.
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How to Teach Your Kids about Money
When should you start teaching your child about finances? Are they too young to start learning? Will it stress them out to think about money at such a young age? Today we are talking all about kids and finances. Kids are our future and we want them to develop a healthy relationship with money along with the ability to confidently handle their finances. In this blog, you?ll learn easy and actionable ways you can begin to introduce your child to money and set them up for a future free of financial fear.
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Debunking Basic Banking Lingo: Terms You Need to Know
POD, APY, DDA.... There are so many acronyms used in the banking industry, it?s no wonder banking feels intimidating to the average consumer! Personal bankers use these acronyms in their everyday vocabulary, but if you?re not from the banking world, they may sound foreign to you. We?re debunking all the basic banking lingo and teaching you how to speak the complex language of banking! So, the next time you walk into a bank and your personal banker starts throwing around one of these acronyms, you?ll know exactly what they?re talking about and will be able to respond with confidence.
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