5 Things All Anthem Customers Should Do After The Massive Data Breach
Wednesday, 11 February 2015 by Mercer Savings Bank
Anthem customers, we feel your pain. The Anthem data breach revealed last week could affect up to 80 million people, and the investigation into the scope of the crime is just starting. Any breach that exposes data from millions of customers (or even thousands really) is bad, but the Anthem breach is actually worse than retail breaches like
- Published in Identity Theft Alerts
3 Reasons to Stick With Your Ex-Employer’s Retirement Plan
Monday, 26 January 2015 by Mercer Savings Bank
When you leave a job, it only seems natural to cut all your ties to your former employer as quickly as possible. For many people, that means taking money out of their old employer-sponsored retirement plan account. Simply taking the money and spending it leads to immediate taxation for all, plus a 10 percent penalty
- Published in News & Events, Saving Tips
5 Reasons to Prep for Retirement in Your 20s and 30s
Tuesday, 20 January 2015 by Mercer Savings Bank
If you’re in your 20s and 30s, how often do you think about the financial security and stability of your retirement? Not much, I bet, because it’s a fuzzy concept with lots of time between then and now. But it’s important that millennials spend some time thinking about saving for the future. Let’s walk through
- Published in News & Events
3 Reasons to List Your Home in November
Monday, 17 November 2014 by Mercer Savings Bank
Some owners hesitate to market their homes between Halloween and New Year’s Day, believing the holiday season to be an off-peak time to sell. But the idea that houses don’t sell in November and December comes from outdated historical trends. In fact, several studies show that, on average, homes listed during this time are more likely to
- Published in First-Time Homebuyer
4 Common Myths About Financial Planning
Wednesday, 05 November 2014 by Mercer Savings Bank
There are a lot of people out there who know they need financial planning but are still unclear about what financial planning actually is. So to help you better understand the importance of financial planning, I’ve debunked four major myths about it. 1. Financial planning is not a product. A lot of people assume that
- Published in Saving Tips
The 411 on 401(k)s
Tuesday, 14 October 2014 by Mercer Savings Bank
You got the job. Congratulations! At the orientation, the benefits office is going to give you a huge booklet about your retirement plan (or a link to a website that would cause a laser printer to catch fire if you tried to print it all). Here’s what not to do: Set the booklet aside, promise
- Published in Saving Tips
5 Easy Ways to Save More Money
Tuesday, 26 August 2014 by Mercer Savings Bank
If I’ve learned anything in my work as a financial planner during the past eight years, it’s that if something is too hard to implement in our financial lives, chances are we just won’t do it. Most of us know the importance of saving for financial goals, but go about saving all wrong—and therefore make
- Published in News & Events
Midyear Checkup List
Monday, 21 July 2014 by Mercer Savings Bank
Ready to get organized and prepare for the remaining months of 2014? Here are a few things you need to review:BudgetDid you land a new work contract? Get a raise? Lose a job? Time to fine-tune your budget! Here’s where an app like Mint comes in handy. You can see exactly where you’re spending and
- Published in News & Events
The New and Improved Way to Save Money
Tuesday, 15 July 2014 by Mercer Savings Bank
Picture this: You’re in line at Target, ready to check out—and somehow you have a cart full of stuff when all you came for was toothpaste and face wash. You know you don’t really need all those other things, but the yoga pants, flower socks, hair wrap and holiday table linens were just too cute
- Published in Saving Tips
ICBA and Mercer Savings Bank Provide Tips for First-Time Homebuyers
Monday, 09 June 2014 by Mercer Savings Bank
Community bankers serve as an excellent resource for consumers looking to purchase a home and plan for a mortgage With the summer real estate season upon us, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014. With that
- Published in First-Time Homebuyer