The topics of saving and budgeting go hand-in-hand, and as we begin the year with new financial goals, both are top-of-mind. For example, your goals might include saving for a new home or paying for your children’s education. Or, you might be focused this year on budgeting your funds to support a future purchase, explore [...]
Each year older customers lose approximately $2.9 billion to fraud, but it is suspected that number is drastically underestimated because only 1 in 44 seniors report financial abuse. HomeTown Bank is joining the national effort to protect seniors from becoming victims of fraud and financial abuse through Safe Banking for Seniors, a new financial education [...]
Nobody likes tricks when it comes to banking, which is why HomeTown Bank focuses on the “treats” that distinguish us as trusted lenders and keep our customers happy.We bank the old-fashioned way with today’s conveniences everyone has come to expect—one customer, one loan at a time. It’s been our philosophy since the bank’s founding in [...]
The rise in online interactions and massive amounts of data flowing over the web has led to an uptick in fraudulent activity with 2.2 million reported fraud cases, costing consumers an estimated $3.3 billion in 2020, according to the FTC. Cybercrimes have always been a chief concern for banks, which is why our community [...]
Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering [...]
Now that you’re settling in to your new home, there are some important things you need to consider. HomeTown Bank recommends the following tips. Create a budget.The key to a good budget is including as much information as you can, so that you can adequately prepare and plan. It's important to keep accurate records [...]
What is identity theft? Identity theft is the unauthorized use of someone's personal information (e.g. social security number, bank account information, and credit and debit card numbers) usually for the purpose of financial gain. Identity theft is a serious crime that can be costly and also cause serious damage to a person's credit history. How [...]
It’s almost that time of year again … time for students to gear up to head back to school! While a new school year can be an exciting time for both students and parents, it can also be a stressful and expensive season. According to a survey by Communities in Schools, the average back-to-school costs exceed [...]
Former Federal Reserve Chairman Alan Greenspan once stated, “Financial education is a process that should begin at an early age and continue throughout life. This cumulative process builds the skills necessary for making critical financial decisions.” At HomeTown Bank, we understand the importance of helping our community’s youth build a strong financial foundation so that [...]
Embarking on a significant construction project and in need of a residential construction loan estimate? You're in the right place. This guide will walk you through the five crucial items you'll need to obtain an accurate estimate for your project. Let's get started on turning your construction dreams into reality. Architectural Plans & Project [...]
