Switching to EMV Chip Cards for Better Security
Wednesday, 16 September 2015 by Mercer Savings Bank
Identity theft was the top consumer complaint reported to the Federal Trade Commission in 2014, the 15th consecutive year it led the list. To combat this trend, U.S. banks are in the process of switching customers to higher-security, microchip-embedded EMV credit cards, which are gradually replacing the familiar magnetic stripe-only cards. Here’s what consumers should
- Published in News & Events
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Marriage and Money: How to Make It Work
Monday, 14 September 2015 by Mercer Savings Bank
So, you finally move out of your parents’ house, cut ties, and start out on this journey called life. You quickly realize that life isn’t always so easy – especially when it comes to money. Let’s be honest, money problems can be stressful enough when you’re riding solo, but add your husband/wife into the picture
- Published in News & Events, Saving Tips
The Compound Effect And How It Can Change Your Life
Wednesday, 09 September 2015 by Mercer Savings Bank
Instant gratification. We are all guilty of it, (possibly some more than others) and that’s okay because the instantaneous world that we live in can benefit us quite a bit in the right settings. But when it comes to our financial lives, we need to learn to leave those feelings of instant gratification aside. Learning
- Published in News & Events, Saving Tips
A Dummy’s Guide to Decoding Your Pay Stub
Monday, 31 August 2015 by Mercer Savings Bank
I’ll admit it. When I started my first job years ago, I had no idea what all the mumbo-jumbo listed above my paycheck meant. All I cared about was the bottom line, and how I wished that number was larger…but that’s beside the point. What is important is the fact that many Americans are living
- Published in News & Events
Living Below Your Means?
Monday, 17 August 2015 by Mercer Savings Bank
Let’s talk about good changes. Those changes that come when you start living below your means. Living above your means is something that people do every day. But, the enjoyment of getting new things when you can’t afford them can drive your credit card balance up in no time. On top of that, the immediate
- Published in News & Events, Saving Tips
Kids and Cash – Tips for Managing the Piggy Bank
Monday, 10 August 2015 by Mercer Savings Bank
As a parent, you are the biggest influence on the way your kids will manage money, but talking to them about personal finances can be tough. Just remember that there are daily opportunities to help your children understand best practices when it comes to managing their money. Keep an eye out for teachable moments on
- Published in News & Events, Saving Tips
4 Important Questions to Ask Yourself Before Purchasing a Daily Deal
Monday, 13 July 2015 by Mercer Savings Bank
At this point in time, there’s a real good chance that half the e-mails you receive and that aren’t immediately filtered to your Spam folder are for Daily Deals. Sites like Groupon and Living Social bombard you with multiple intriguing offers every day, because when you signed up for their service, you apparently told them
- Published in News & Events
Happy Mid-Year: Revisiting Your Financial Goals with a New Year’s Do-Over
Monday, 06 July 2015 by Mercer Savings Bank
2015 is now halfway over. Where did the time go? Though July may feel like it got here quicker than usual, now is the perfect time to revisit those financial goals and resolutions you made way back in January – use this moment to evaluate the progress you’ve made with your money and make any
- Published in News & Events, Saving Tips
Ready, Set, Sell: 3 Strategies for Getting Your Home off the Market Fast
Monday, 22 June 2015 by Mercer Savings Bank
Most sellers have a specific goal when it comes to their transaction: a quick sale and top dollar. But sometimes fast action doesn’t align with achieving the highest and best value. There are multiple schools of thought on this subject, and the perspective varies not only with where you are in the country, but also by price point,
- Published in First-Time Homebuyer, News & Events
Chip-Enabled Credit Cards are Coming: What You Need to Know
Tuesday, 16 June 2015 by Mercer Savings Bank
Swiping your magnetic-stripe credit card will soon become a thing of the past. In the wake of widespread consumer data breaches like those at Target and Home Depot – plus increasing rates of counterfeit fraud – credit card companies nationwide are issuing new smart chip-enabled cards to improve payment security and provide consumers with greater
- Published in News & Events