Before You Say “I Do” Do a Credit Check
Wednesday, 21 June 2017 by Mercer Savings Bank
Although it’s a common misconception, you will not have a married couple credit score. The truth is that getting married will not affect your credit. Now and forever, you will each have individual credit scores. What will affect your creditworthiness is what comes after the wedding. Let’s go through some of the common actions taken
- Published in News & Events
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The Many Benefits of Mobile Banking
Wednesday, 26 April 2017 by Mercer Savings Bank
Technology moves at an incredible rate. Efficiency and speed have become the new benchmark for today’s busy consumer. You may have heard of mobile banking in the past, may be a current mobile bank user, or may be hesitant to hop into this new banking trend. Let us ease your worries, and show you why
- Published in News & Events
9 Things You Need to Know About Home Equity Line of Credit (HELOC)
Wednesday, 03 August 2016 by Mercer Savings Bank
Home equity lines of credit, or HELOCs, can be a great way to access the equity in your home when you need extra funds. If you are considering taking out a HELOC, here are nine things you should know: Spending flexibility. When you take out a HELOC, you can use the proceeds for anything you
- Published in News & Events
Financial Safety and Security
Wednesday, 13 July 2016 by Mercer Savings Bank
Most of us use the internet every day for all kinds of things—many of them financial in nature, such as paying bills or online shopping. While the convenience of using the internet is fantastic, it is important to take some steps to protect yourself from becoming the next target for identity thieves. Identity theft is
- Published in News & Events
6 Tips to Raise Your Credit Score
Wednesday, 23 March 2016 by Mercer Savings Bank
There are many large purchases made in life that often require some type of financing. Whether it be buying a house or a car, it is imperative that you have a good to excellent credit score to secure the best loan rates possible. When you are able to obtain loans with extremely low interest rates,
- Published in Miscellaneous, News & Events
How to Evaluate Banks When Looking at Mortgages
Wednesday, 16 March 2016 by Mercer Savings Bank
Buying a home can be an exciting adventure. Some people search for months for the perfect home, while others spend only weeks. No matter your preferences for buying a new place to call home, it’s imperative that you be financially ready to make an offer when you find a property you are interested in. To
- Published in First-Time Homebuyer, News & Events
5 Things to Consider When Applying for Mortgages
Wednesday, 09 March 2016 by Mercer Savings Bank
Whether it’s your first time applying for a mortgage loan or your 5th, it is imperative that you take into consideration the five most important application factors. Here’s a close look at these factors and why they matter so much. Go with a reputable lender It’s very likely that purchasing a home will be the
- Published in First-Time Homebuyer, Miscellaneous, News & Events
Understanding EMV: What It Is and Why You Need It
Wednesday, 02 March 2016 by Mercer Savings Bank
Europay, MasterCard, and Visa, also known as EMV, is a financial practice that has migrated from overseas. When it comes to understanding the importance of EMV, you must first understand the basics. Here’s a close look at EMV, its benefits, and why you should be taking advantage of it. Transactions are more secure when using
- Published in Miscellaneous, News & Events
4 Ways to Stretch Your Retirement Fund
Tuesday, 19 January 2016 by Mercer Savings Bank
You may have reached retirement, but financial planning doesn’t stop once you stop working. Frugal living and wise financial foresight can help ensure a comfortable life, and these simple tips will help you maintain stability for decades. Two of the biggest mistakes that people make when they reach retirement are underestimating how long they will
- Published in Miscellaneous, News & Events, Saving Tips
RETIREMENT: HOW IRA’S CAN HELP YOU
Tuesday, 05 January 2016 by Mercer Savings Bank
If you are like me, retirement may appear to be far, far away. Perhaps you are closer to retirement and you are already thinking about what you want to do. I know I envision trips, maybe a new vehicle and hopefully some relaxation! Whether you are close or not, it’s always a good time to
- Published in News & Events