Discovering the Benefits of a Health Savings Account
Early fall of 2023 is the first in recent memory where I am happy to see pumpkin spice and Halloween decorations already on display as it signals cooler weather. We might all be feeling the inflation pinch these days now that another summer season has come and gone. With this change, comes new projects. As […]
Hispanic Heritage Month – Homeownership
Every year, Hispanic Heritage Month celebrates the many contributions and achievements the Hispanic and Latino communities have contributed to the United States. It allows us to reflect on our culture, family, values, and our successes as a people. It is also used as an avenue to think about the ways our community can continue to […]
The Home Buyers’ Process: Preparing to Buy
September is National Mortgage Professionals Month* You may be buying a home for the first time, or it has been a while since you have gone through the experience. Either way, you may not be completely clear on the current home-buying process, so let us set the correct expectations and transparency for the home buying […]
The Home Buyers’ Process: Why Prequalify?
September is National Mortgage Professionals Month* The first step you should take before even looking at homes is to get prequalified with a mortgage lender. It will help you, as a buyer, better understand your target home price range and what that will mean for your monthly and overall budget. In addition, your realtor will […]
Good Credit, Bad Credit or Just Limited Credit?
While teaching a credit class recently at All Community Outreach, which provides free comprehensive human services in Allen, Texas, Daniel Cahill came away with the following insights from an engaged audience. Often there is focus on trying to “fix bad credit” and sometimes we fail to focus on stimulating a credit profile that is simply […]
What is a CD and How Can it Benefit Me?
Financial Literacy – CD’s Explained Have you ever wondered what a CD is? For some of you who might remember, we’re not referring to the musical compact disc, which has mostly been replaced by streaming media. A Certificate of Deposit (CD), in bank terms, is a savings tool that allows you to typically earn a […]
National Teach Children to Save Day
The 25th annual National Teach Children to Save Day, sponsored by the American Bankers Association, falls on April 27th and it’s a whole day dedicated to encouraging children to develop good money-saving habits. With an early start to saving and an understanding of budgeting their money, children will build life skills as they head into […]
Credit Education Video Series
Be Credit Aware! March is Credit Education Month and NDBT’s Director of Credit Operations, Allie Wadley, has prepared a series of videos with topics aimed to help you protect your credit. The four-part series will be released with an episode each week covering topics including how to maintain a healthy credit score, learn how to […]
National Intern Day
It’s that time of year again! National Intern Day is July 28th! NDBT has a formal ten-week rotational internship program that provides college sophomores or juniors with an introduction to career possibilities in a community bank. Often, the assumption is that banking is only for those interested in lending, however, we aim to immerse our […]
Increasing Fed Fund Rate: How It Affects You
The Federal Reserve‘s 12-member Federal Open Market Committee (FOMC) took action on Wednesday, May 4th to increase the Fed Funds Rate by 50 basis points and reduce the Federal Reserve‘s bond holdings. The Fed Funds Rate is the interest rate at which overnight funds are lent between banks. The increase to the Fed Funds Rate […]
