One of the most common business loan requests we get as bankers is a line of credit request. While the loan structure itself isn’t that complicated, determining exactly how much is needed can be a little more complicated. Because loan terms can be slightly different across the industry, we will consider a line of credit […]
We all know we should save money. Some of us even have something we’re saving for. But if the statistics are right, most of us aren’t doing a very good job at it. The thing is, it’s not even hard once you have a plan. And we’ve got a few simple tips to help you […]
According to the FBI, victims of romance scams lost over $600 million last year. So how can you tell the difference between dating and defrauding, and what can you do to protect yourself? We’re here to help. As friends, of course. Speed Dating vs. Too Speedy Dating Relationships take time to progress. They don’t go […]
The most wonderful time of the year can also be the most expensive. Here are some easy tips so you don’t end up in a hole after the holidays. The best way to avoid spending more than you planned is to actually have a plan. Set a total budget. Then make a gift list and check it twice. (Santa […]
Your finances can cause stress. Everyone pretty much knows that, right? Well, now we know that stress can actually affect your financial health. You heard that right. Stress can cause everything from binge spending to running up late charges because you’re avoiding your bills. So, what can you do about it? For starters, don’t start stressing out. We’ve put […]
How you spend your retirement depends a lot on how you’ve spent the years leading up to it. For National Retirement Security Week, FMS Bank has a few tips on some simple steps you can take to make the most out of yours. Can’t wait to retire? Don’t wait to plan for it. It’s never […]
We all know the cliché of the 20-something child living in their parents’ basement because they don’t have the money to move out. Fortunately, this is 100% preventable! The trick is to start teaching your kids about money—and how to save and handle it—early. Here are some useful tips. Start A Saving Habit Teach your […]