Ask anyone who has a traditional savings account with a big bank, or even a credit union, and they will all agree with one point: the average interest rate offered to savers is minimal or almost non-existent. However, American Express, … Continue Reading
Mortgage rates have spent the week in the doldrums, spending three days flat through Thursday at 3.75 percent for a 30-year fixed mortgage. A few outliers posted rates lower at 3.625 percent, but the majority where higher. This non-active trend … Continue Reading
Life insurance is a fairly easy concept to understand. If a person dies while covered by a policy, the insurance provider pays a cash amount to beneficiaries, usually family dependents, so they have funds to live on after the death … Continue Reading
As a community bank that serves the greater New York region as well as Florida state, TrustCo Bank and Company surprises folks that it’s not a bigger institution than it is. However, since 1903 TrustCo has been in the business … Continue Reading
With CD rates in the doldrums at a 0.5 percent or worse, anything above a 1 percent rate of return is doing pretty good, all things considered. So when Alma Bank offers a 1.11 percent rate of return on a … Continue Reading
When most national banks are barely offering 0.1 of a percent for a rate of return on savings, achieving rates ranging from 0.5 percent to as much as 1.25 percent is notable. Pacific Trust Bank is now offering exactly that … Continue Reading
Again, the mortgage rate market is tantalizing lending folks with dreams of breaking the 4 percent barrier, as the 30-year fixed average jumped at the end of the week, reaching 3.75 percent towards the close of the markets. The major … Continue Reading
