The emergence of crypto currency has led to questions about whether or not funds with crypto companies are eligible for Federal Deposit Insurance Corporation (FDIC) deposit insurance coverage. The short answer is, just like funds held at companies such as PayPal® and Venmo, funds held at... Read More

The money you put into a community bank stays in your community. ​

Beyond their typically smaller size, community banks are defined by their focus on the geographic area, or community, they call home. In contrast to larger financial institutions, the money you keep with a community... Read More

There’s growing concern among Americans about the new proposed IRS reporting mandates that President Biden’s administration wants Congress to approve. Under the proposal, all financial institutions, including every bank and credit union, would be required to report to the IRS... Read More

There’s been a lot of talk about an increase to the Child Tax Credit for the 2021 tax year and the government’s Advance Child Tax Credit. The American Rescue Plan has raised the maximum amount of the Child Tax Credit to $3,600 for children under the age of 6 and to $3,000 for each... Read More

Recently residents in our area have been targeted as part of a Social Security scam.  This scam has been around for a few years, but at the moment it seems our area has the full attention of these scammers.
The Federal Trade Commission (FTC) posted the following article on their... Read More