HomeTown Blog

Throughout Minnesota, agriculture stands as a cornerstone of the state’s economy, providing sustenance, employment, and economic stability. Amidst the sprawling fields and family-owned farms, community banks lay a pivotal role in shaping the agricultural sector by providing essential financial support. This blog explores three key reasons why banking with a community bank like HomeTown [...]

The new year is upon us, and you may be thinking that now is the perfect time to invest in your home. Whether it's a kitchen remodel, a roof replacement or the addition of a patio, the possibilities are endless. However, what isn't limitless is the financial means you need to bring your project [...]

As the New Year approaches, many of us find ourselves reflecting on the past and contemplating the future. It’s a time when resolutions are made, and goals are set. A common area that tops the list is financial health. Whether your goal is to build up your savings account, save for a dream vacation, [...]

Don't let not having any cash stop you from shopping. In the fast-paced world of financial transactions, debit cards have become an integral part of our daily lives. As we navigate the dynamic landscape of modern commerce, many of us need to understand the nuances of debit cards. Here is what you need to [...]

Whether you’re getting married, you’re recently married, or you’ve been married for years, finances play a massive role in your relationships. Before we go any further, let's start with this. In any relationship, open and honest communication is key. This applies to so many areas in a marriage, but it is especially important when [...]

Whether you're currently working on building a house, hope to do so in the future, or just want to expand your knowledge, it can be helpful to familiarize yourself with basic residential construction loan information. Luckily, you're in the right place to do just that. Here are some responses to our clients' most commonly [...]

Reinvesting in your community sounds great, but how does one really put that into action? If you’ve ever wondered if it matters where you deposit your hard-earned money, let us assure you it does. Not only does banking locally support small businesses (community banks fund more than 60% of small business loans and more than [...]

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 [...]

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 [...]