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 […]
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 For some of you who might remember, we’re not referring to the musical compact disc, which has mostly been replaced by streaming media.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 […]
