News – Stay Updated About The Latest in Banking
Make Your Tax Refund Work for You!
Every year, the middle of April marks the end of the federal tax return filing season. For many Americans, that can mean seemingly endless forms, pay-stubs, and other paperwork. However, tax time can also be a unique opportunity for saving for your future! You can...
Education Savings is Simplified in 2018
The recent tax bill expands 529 savings plans to include expenses for elementary and secondary education. And, the annual gift tax exclusion has increased. This is big news for education savers – no matter how much you are saving! Congress wanted to make it easier to...
Is It Always Best to Pay Off Credit Cards Before Saving for Retirement?
Conventional wisdom says you should pay off your credit cards before saving for retirement. While it’s generally true you should pay off high-interest credit card debt as quickly as possible, there are a few situations where retirement savings should come first. Let’s...
Living at Home: A New Normal for Millennials
Living and Saving as a Millennial The generation of the internet age is one of the largest and most diverse in the U.S. Although Millennials have been defined by a relationship to technology, the generation has been steadily redefining adulthood. Millennials have...
Saving for Big Ticket Items
5 Easy Steps When Saving for Big Ticket Items Very few of us have money at the ready to cover an emergency, never mind the money for the big ticket items we’d like to purchase. This is why it’s that much more important to prioritize savings to cover both the items...
Cyber Security
We thought you should know a few things about Cyber Security. There is a big difference between https:// and http:// When you see https://, this means the information entered into the site is encrypted. Why is this important? Encrypting information...
5 Important Questions When Choosing Your New Home
Moving into your own place can be exciting and frightening at the same time. At Patterson State Bank, we suggest considering the following questions when choosing your new home. 1. How much money do you have saved for a down payment?Start with an evaluation of your...
Timesaving Benefits of Your Online Account
7 Top Timesavers to Help You Find More Time in Your Day! MOBILE APP lets you quickly check your balances, transfer money, monitor account activity, and more - all on the go and secure. TEXT ALERTS helps you keep track of your money with quick text message that notify...
6 Tips for Improving Your Credit Score
A crucial step of purchasing a home is ensuring that you have good credit history. At Patterson State Bank, we suggest the following 6 tips to improve your credit score. 1. Request a copy of your credit report and make sure it is correct. Your credit report...
PHISHING: Don’t Take The Bait
Remember to stop and think before you connect! Phishing is when criminals try to trick you into revealing personal information thru email, instant messages and social networking sites like Facebook and LinkedIn. They use the information for various scams including...
Manage Your Money On The Go
Let’s make it easier to manage your money - whenever, wherever you want. You can rely on our mobile banking solution for fast, on-the-go access to your finances. Customers get the key features of your online account, and they’re specifically designed for easy use...
Make College Affordable with Savings and a Plan
5 Ways to Make College More Affordable The value of a college degree isn’t what it used to be, but its importance certainly hasn’t diminished. In fact, in Sallie Mae’s report, “How America Pays for College,” 90% of families expect their student to earn at least a...