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Increase Your FDIC Coverage – How?
May 11, 2023
Categories: Personal Finances
FDIC insurance is a significant benefit for all depositors that have funds at an FDIC-insured bank, such as Peoples Bank. The FDIC, which stands for Federal Deposit Insurance Corporation, is an independent agency of the United States government. Its purpose is to protect depositors of insured United States banks in the unlikely event of a bank failure. Since the FDIC began operation in 1934, no depositor has ever lost...
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Simplify Your Financial Life with Online Bill Pay
February 2, 2023
Categories: Personal Finances
Online bill pay lets you send money directly from your bank account to those you owe using your computer or smartphone. Simply log into your Peoples Bank account online, accept the terms of use, and you’re ready to go. Here is why you should use this great service:
1. Saves TimeInstead...
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How to Budget Rising Food Prices
January 10, 2023
Categories: Budget, Home, Personal Finances, Saving
It’s no secret food prices have risen lately. Since food is at the top of the list for basic human needs, we’re all interested in combating these rising costs this winter. Keep reading for some helpful tips.
1. Eat Out LessDining out is an extremely expensive option, especially if you already budget for a full list of groceries. If you think about it, many meals you purchase out...
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Benefits of a Checking Account
November 17, 2022
Categories: Personal Finances, Saving
You could hide your money under a mattress and pay cash for everything. But that’s not a wise decision. Today, most of us find a checking account to be a safer alternative.
A checking account is a type of deposit account that allows you to easily move money from one place to another. It makes everyday...
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Understanding the Convenience & Ease of Mobile Wallet
October 18, 2022
Categories: Personal Finances
Once upon a time, phones were simply used to call people. Today you can do just about everything using the convenience of your phone. Now, with the help of Peoples Bank, you can pay with it. Have you added your Peoples Bank debit card to your smartphone’s mobile wallet?
What is a Mobile WalletA mobile wallet is a software application that allows you to hold many of the same things you would keep in...
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HELOC – Here’s What You Need to Know
September 20, 2022
Categories: Home, Personal Finances
A home equity line of credit (HELOC) is a great way to fund large expenses using the equity you have built up in your home. What is a HELOC you may ask? Keep reading as we outline what it is and the benefits of having one set up. Let’s get started!
Let’s Begin with Home EquityHome...
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Top 7 Reasons to Open a Certificate of Deposit
August 9, 2022
Categories: Personal Finances, Retirement, Saving
Are you wondering why it makes sense to open a Certificate of Deposit (CD) in today’s financial market? Today we are going to explain what a CD is and reasons to invest in one. Since investing is the best way to make your money work for you, consider opening a CD with Peoples Bank today.
1. Certificates of Deposits Are FDIC Insured Learn MoreWhat is a Credit Score and Why is it So Important?
July 19, 2022
Categories: Personal Finances, Saving
We’ve all heard that a good credit score is important. But what is it and why is it so important? Take a few minutes to increase your knowledge and understand what it takes to build a good credit score.
Make 2022 Your Best Financial Year Yet
February 1, 2022
Categories: Budget, Personal Finances, Saving
If your New Year's resolution was to take control of your finances, you’re in the right place. We’re here to give you some ideas on how to make 2022 your best financial year yet. All it takes is some time, discipline and lots of motivation!
1. Figure out your monthly income.Begin by determining exactly how much money (after taxes and deductions) you have coming in each month. If your monthly...
Learn MoreA Beginner’s Guide to Saving for Retirement
January 20, 2022
Categories: Budget, Personal Finances, Retirement, Saving
It may seem like a lifetime away, but retirement has a way of sneaking up on all of us. Something to remember when it comes to retirement is that the earlier you start saving, the better. Plus, you’re never too young to invest in your future. Here are some helpful strategies you can implement to set yourself up for a successful retirement.
1. Rid Yourself of DebtThe first step in creating...
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