Herring Bank

Hoping to buy a home before the cold weather hits? It's tough out there for buyers right now. High prices and a lot of competing offers. Here's a tip that just might win you that new home, and no, you don't HAVE to be the top offer to win. On your next offer, include a buyer's offer letter. It might sound silly, but it often works! See what it's all about here - https://lnkd.in/efs5MaDe

Deposit checks anywhere, anytime with our Mobile Banking App. How? 1. Enroll in Online Banking 2. Download the mobile app from either the Apple App Store or Google Play Store 3. Open the mobile app and take a picture of your check It’s that easy! https://lnkd.in/dJpPXV2G

Do you have a budget? Here's how to develop a financial plan and create a budget. Know what's coming in - total all of your income – We recommend you do this on a monthly basis. Include only your take home pay. Know what's going out - add up all of your monthly expenses. – Use a monthly average for the bills that vary monthly. For annual bills, divide the yearly cost by 12 for a monthly figure. Know your needs are covered - the bills you can't miss. – Rent, mortgage, loans, credit payments – collectively your bills should not exceed 35 to 40 percent of gross monthly income. Know if you can afford the wants - the expenses you can skip. – Tally up everything you spend money on. The last step, total all of your expenses and subtract them from your total income. The goal is to know the places where you can save money and what you can reasonably spend.

Do you need more buying power? Whether you’re buying a new car, improving your living situation, or consolidating debt, Herring Bank can give you the flexibility you need.

Start the semester off right so you're not caught off guard when it's over - because this semester will go by fast! 💵 Know and plan for your monthly student loan bill. 💰 Set aside as much as you can in savings for flexibility. 👔 Make a plan to apply for jobs before graduation. 🏠 Keep your apartment in good shape to get the full security deposit back! 🤝 Research repayment options for your loans now. Most grads learn by trial and error after it's too late. Get ahead of the game by planning now! You've got this! 🙌

We'll care for your life's work as much as you do. Curious about asset management? Herring Bank helps with that. #communitybank #assets #aglending #wealthmanagement #farmmanagement #banklocal

💰 Know when a deposit has been applied to your account. 🚨 Be alerted to unauthorized activity. 📄 Access previous statements for any purpose. 📊 Stay on top of ALL your account activity! Get online banking alerts and e-statements Stay in the know, stay in control. https://lnkd.in/dJpPXV2G

House hunting? Don't do it without a list. Unless house hunting is something you do all the time, you should really use a list to help keep everything straight! To make the best decision for your home buying needs, use this handy worksheet to gather notes and compare the homes you visited. https://lnkd.in/gduikqCu

Buying a house in a high inflation market has loads of benefits! 1. A mortgage payment is less volatile than rent. 2. As inflation rises, landlords naturally raise rent to keep their books even. 3. The price you pay today locks in your value. 4. As prices rise, so does your equity – protecting your investment as inflation continues to rise. Don't be discouraged by today's economic outlook. See it for the opportunities it presents! #communitybank #mortgage #realestate #realtor #househunting #mortgagerate #banklocal

Worried about making a payroll mistake? Wish there was a better way? We offer a Premier Pay program that helps both you and your employees. We offer 100% direct deposit even if some of your employees do not have their own bank accounts. Bonus, they’ll save up to 4% each pay period by not having to use a check cashing center. Ask us to learn more or visit - https://lnkd.in/gv225Hsa #communitybank #payroll #helpingsmallbusiness #banklocal