Cut the Cost of Your Loan Debt
Loans give us the ability to pay for things we otherwise could never afford. Can you imagine if you couldn’t get a loan for a car or a house? If mortgages weren’t a thing, most Americans wouldn’t ever own a home. Loans and mortgages are definitely good, but only when you use them responsibly.
5 Major Investing Mistakes and How to Avoid Them
It’s equally as important to learn about investment mistakes as it is to bone up on investment tips and tricks. Whether you’re looking for good investments for beginners or you’re a seasoned investor who has doubled your earnings in the past year, staying up-to-date with the latest investment missteps is key to solidifying your wealth management.
The 10 Best Car-Buying Tips!
A vehicle is a major investment. Even used cars have an average price of $20,000 and if you finance, your monthly payments could be $400 or more. So, before you begin shopping for a new car, consider these 10-best car-buying tips.
Four Ways to Save on Car Insurance
With automobile insurance mandatory in most states, you know you have to buy it. Sorting through the advertising jargon to discover what is the best deal for you is time-consuming and confusing. Here are five quick tips you can use to save money and protect yourself in case you are in a wreck.
Online budgeting apps for every kind of saver & spender
For some, saving money comes naturally. They add a certain amount of their paycheck every month without fail. Others are not so dedicated. This could be for several reasons. No matter what our saving or spending style is you can find an online app that will help you improve your finances.
Real Ways to Actually Save Money on an Average Salary
Whether you make $150,000 or $40,000 a year, you work hard for your money. A lot of people think the more money you make, the more you can save. But at the end of the day, your ability to save all depends on your expenses. We’ve scoured high and low for some of the best money-saving tips for those living on a typical salary.
Mobile Banking Gives Consumers Another Service to Love
Some consumers still love going into a branch and interacting with their local bankers. Nothing can replace great one-on-one customer service. But what about those days when you are delayed at work and you can’t get to your bank to deposit a check? Or you are on vacation and you need to check your account balance?
Home Equity Loan or Line of Credit: Which Is Best for You?
Things break. Emergencies happen. And if you are like many Americans, you may not have the extra cash on hand to pay for these expenses. Homeowners generally have two options for getting the money they need — a home equity line of credit or a home equity loan.
You received your college bill. Now what?
Paying for college can be a stressful process and the choices you make today can impact you and your family while in school and beyond graduation.
Making a Budget for Your Dream Wedding
Weddings can rack up a lot of bills. Case in point, the average American wedding cost brides and grooms $44,105 in 2018. To budget for a wedding ceremony and a reception, you have to take into account all expenses…
Moving Checklist: Budgeting for Your Next Move
Moving is stressful, no doubt about it. To ensure your next move goes as smoothly as possible, it’s helpful to create a budget—and stick to it. With your finances under control, you can focus your attention on getting to your new place as quickly as possible and settling in.
How to Build an Emergency Fund
Having an emergency fund can save you from having to borrow money or use credit cards if an unexpected expense arises. But according to the Federal Reserve, four out of 10 Americans do not have the savings to cover a $400 emergency.
Jennifer Kreighbaum Earns the CAFP Designation
Congratulations to Jennifer Kreighbaum, Assistant Compliance Officer & Community Reinvestment Officer, on earning the Certified Anti-Money Laundering and Fraud Professional (CAFP) designation! This designation demonstrates a person’s ability to assess,...
First United Welcomes Alan D. Mullendore, Market President for Washington County
Carissa L. Rodeheaver, Chairman of the Board, President and Chief Executive Officer at First United, along with R. L. Fisher, Senior Vice President and Chief Revenue Officer announce the addition of Alan D. Mullendore as Washington County Market President, overseeing...
Six Tips for Saving Success – Take Advantage of America Saves Week, Feb. 25 – Mar. 2
In recognition of America Saves Week Feb. 25 – Mar. 2, First United Bank & Trust is offering tips to help customers assess and improve their saving strategy. “America Saves Week is an opportunity to step back and ask ourselves if we’re doing all we can to meet our...
Full Service Office Now Open at Emerald Pointe
Hagerstown, MD - First United Bank & Trust has announced the opening of a new, and much anticipated, community office at 19405 Emerald Square, Suite 1000 in Hagerstown, Maryland. First United Bank & Trust has been a member of the Washington County community...
First United Bank & Trust Renovates Grantsville Community Office
First United Bank & Trust is pleased to announce the renovations to our Grantsville Community Office are now complete. This branch will now provide customers with all the latest technologies and conveniences to create a complete banking experience. In...
Forbes Names First United Bank & Trust One of America’s Best In State Banks
Recently, Forbes partnered with the market research firm Statista to produce their first-ever look at the Best-In-State Banks and Credit Unions. More than 25,000 customers in the U.S. were surveyed for their opinions on their current and former banking relationships....
First United Bank & Trust Announces New Innovative Checking Account Solution
First United Bank & Trust announces the launch of an entirely new checking account lineup. These unique accounts are aimed at simplifying customers’ financial lives while also providing additional benefits, savings and protections. Beginning June 4th, two new...
What should people know when planning for retirement?
The enormity of the task that is saving for retirement is often seen as a daunting one by even the most financially organized workers. They will likely need to save into the hundreds of thousands of dollars over the course of decades, and anyone who has suffered...
When millennials should start saving for retirement
When it comes to retirement planning, the general rule is that you can never have enough savings. Certainly, financial advisors would say that they'd rather see their clients save more than they might have expected to need, rather than finding out too late that...
Are you saving enough for retirement?
In recent years, a large and growing number of baby boomers has reached retirement age, and a majority are choosing to stop working. But younger Americans these days seem to be less certain that this kind of option is even going to be available to them when they...
The basics of smart money management
Everyone needs to be able to manage their finances well, regardless of how much money they make.
Safe Online Banking is Easy To Achieve
Online banking has become more or less ubiquitous among consumers nationwide in recent years, despite some trepidation early on that security would be an ongoing concern.
What do entrepreneurs see as their biggest hurdles for success?
In general, small business owners in the U.S. tend to be a fairly optimistic about their future chances for success even in the darkest of times.
Small business owners continue to see reason for optimism
While many polls over the course of the year illustrate how optimistic small business owners across the country may be about their chances for future success, one of the truest measures of this anecdotal data comes in the form of how they move financially.
Government trying to increase small business online security awareness
Nationwide, millions of small business owners might know full well that their companies face cyber security threats on a regular basis, but often take the attitude of, “This can’t happen to my company.”
Why lean accounting will benefit your company
With new processes being implemented throughout the supply chain, you may need to update the way your manage your cash flow.
How will ICD-10 affect health care’s revenue cycle?
The upcoming switch ICD-10 will require hospitals to revise their financial plans.
How to manage your business debt
If you borrow money, you’re going to have to pay it all back eventually. Learning how to manage your finances from the start will ensure you don’t fall further into debt.
Should You Keep Separate Personal and Business Accounts?
You’ll contribute your own finances to start, but once you’ve set up shop, it’s crucial to keep your personal and business banking accounts separate.
How much should you pay yourself?
No matter who works for you or where you’re located, you’re going to have to pay your staff and that includes yourself. However, how much do you make?
How To Price Your Products
To counteract all the payments you’ll have, you’ll need to set price points that are low enough to not drive potential customers away but high enough to turn a profit.
How can you finance your new business?
There are plenty of options for you to choose from, and with the right research, you’ll be able to find the one that works best for you.
What Can You Do When You Go Over Budget?
When the minuses start piling up and the pluses disappear in your business banking account, it’s time to reevaluate your spending.
Protecting yourself from fraud
In today’s technological world, all of our information is stored online or on a card. By taking proper precautions, you can protect yourself from fraud.
6 tips for filing your taxes
April 15 is quickly approaching, and that means so is your deadline for filing taxes.
How to make the most of your money
Whether you’re running a business or your own personal finances, how you handle your money can impact your spending and savings.
Business Owners Love Flexibility, Hate Finances
The vast majority of small business owners love the flexibility self-employment provides, but they also despise the bookkeeping work that comes with it.
Protesters in Oregon call for $15 per hour minimum wage
On the heels of the State of the Union address, a portion of which focused on raising the minimum wage, protesters in Oregon took to the picket lines to protest why the state has yet to raise the wage scale.
Smart contractor hiring for small business owners
Sometimes small business owners turn to independent contractors for projects, which can have its benefits. However, it is important to make sure you’re informed about hiring contractors before doing so.
Common mistakes small business owners make
Running a small business can be pretty tough, and small business owners who trip up tend to make a few common mistakes.
3 tips for securing an investment
Securing an investment in your small business can be a huge boon to growth and provide you with a trove of resources that you never had before.
4 financial mistakes for small business owners to avoid
First-time small business owners shouldn’t be expected to be experts in financial planning. If everyone who began a new venture had a thorough understanding of their finances, the success rate for neophyte businesses would probably be much higher.
How to price your products to sell
Few things are as important to a small business as the prices of the products and services. With the right numbers, sales and customers could start to increase – and finding that sweet spot should be one of your primary goals.
Survey: Small businesses in favor of higher minimum wage
For a small business, it is incredibly important to ensure that the financial plan, banking and other vital fiscal elements are in order. Otherwise, it may be tough to create a strong, sustainable company.
How a small business can cut costs
A number of small businesses have a hard time achieving success in today’s economy, especially as consumers are more hesitant to spend and conditions are below peak levels.
Simple tips to improve sales in today’s economy
Over the past several years, the U.S. economy has struggled to gain any sort of momentum. Since the Great Recession, consumer confidence has been low, and as a result many companies across the country have struggled to boost sales and connect with customers.
3 money mistakes you want to avoid
Each day, you spend a significant amount of time helping clients and working with employees. But, do you spend enough time with one eye on your financial plan?
Study: Power can lead to increased savings
As a small business owner, few things are as important to you as the success of your business and saving money for the future.