News - The Bank of New Glarus

Saving money is like eating healthy. We all know it’s good for us, but many of us just don’t do it. And, if you aren’t already used to doing it, you will find it difficult to start because you’re so used to your unhealthy routine. Below are 7 tips to make the habit of saving money an easier one to develop.

Posted in Other News

Three Reasons to Pay with a Credit Card

Credit cards aren’t evil and they don’t automatically trap the people that use them under a mountain of debt. When used properly, there are many financial advantages to using credit cards to pay for day-to-day expenses. Here are three of the best reasons to prefer plastic:

Posted in Consumer Tips

Online Information Security Tips

There’s no question that the Internet makes life easier in many ways. Shopping, communicating and storing information are just a few of the ways we all use the web. However, it also comes with risks. To keep your financial information safe online, follow these tips:

Posted in Online Security

Build Your Nest Egg with 4 Keys to Retirement Savings

Saving for retirement can seem like a daunting task. How do you know how much you need? What are the best ways to save money? When should you start withdrawing those savings? While the path to a comfortable retirement differs from person to person, there are four key steps to take, no matter where you are in your retirement savings journey.

Posted in Retirement

Three Tips to Raise Your Credit Score and Keep it High

Your credit score affects many aspects of your life, including making large purchases, obtaining loans, renting an apartment and even applying for a job! Do you know your current credit score? When was the last time you checked your credit report? Here are a few simple steps you can take to help improve your credit score and keep it working for you, not against you.

Posted in Consumer Tips

Financial Tips for College Students

With college move-in days right around the corner, students living away from home for the first time may need to brush up on some financial dos and don’ts as they prepare for the college experience. Here are some basic reminders on how to avoid financial pitfalls during the transition from high school to college.

Posted in Youth Savings Tips

Budgeting for Homebuying

The Federal Reserve may have raised interest rates slightly, but mortgage rates are still near historic lows. It’s still a great time to buy if you’ve been considering a new home! But how much house can you really afford? This is a difficult question, particularly for first-time homebuyers. Here are a few important points to consider when setting your house-hunting budget:

Posted in Buying A Home, Consumer Tips

Give Your Retirement Savings Plan a Check-Up

You opened an IRA or 401k account shortly after joining the workforce. You’ve contributed regularly, a percentage of every paycheck going toward that nest egg… but you haven’t touched it since. Saving for retirement is not a “set it and forget it” endeavor. It is a process that requires periodic re-evaluation and adjustments. Here are a few questions to consider when you stop to give your retirement savings plan a check-up.

Posted in Retirement

Keep Your Information Safe Online

There’s no question that the Internet makes life easier in many ways. Shopping, communicating and storing information are just a few of the ways we all use the web. However, it also comes with risks. To keep your financial information safe online, follow these tips:

Posted in Online Security