Published October 8, 2020- Updated May, 11 2023 “A happy wife is a happy life” is a very common saying in the world and I am going to add a new one ...
Everyone has a Story Podcast August 2020
Everyone Has A Story Podcast with your host Roger Sargent and Special Guest Paul T Long - Trusted Business Lender for the South Sound. Topic: Things t ...
What to Expect in the Commercial Loan Process
Commercial loans are different than residential lending loans. Below is the process and estimated time frame to complete each step. The most important ...
Banker Question: If you notify your bank of fraudulent activity, will you be on the hook for it?
Yes— but only if you act quickly. If you lose your debit card or discover your PIN or password has been stolen, say something immediately: Federa ...
Banker Question: Can overdraft protection help you avoid huge fees?
When you open a new checking account, you’re typically given the option of opting in for overdraft protection. But it comes at a steep price. Suppose ...
Banker Question: Are there still free checking accounts?
Yes: fortunately — although it’s true that consumers are paying more than ever in fees, and free checking accounts have become harder to find. ...
The millennial’s guide to saving up to move out
If you’ve already graduated and are still living with your parents, you’re not alone. In fact, a whopping 15% of all Millennials lived with their pare ...
Banker Question: Does the Federal Reserve sets the interest rate on your savings account?
No. The Federal Reserve does influence the rate you earn, however. The “Fed” controls something called the federal funds rate, which is the rate at wh ...
Banker Question: Are banks required to have FDIC insurance?
Yes. FDIC insurance guarantees that, in the unlikely scenario that your bank collapses, the federal government will make you whole up to $250,000. Whi ...
Banker Question: Does online banks offer higher interest rates than brick-and-mortar institutions?
Yes, generally. Since they save money by not operating storefront branches, online banks can afford to offer much higher rates than the national ave ...