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Finance

Card Security: What’s That Chip Doing There?

by Celeste Lohrenz Credit and debit cards have become the norm for Americans as fewer shoppers opt to carry cash for day-to-day purchases. Swiping for gas, groceries and even train tickets has become second nature. However, the public’s reliance on this payment method has made card systems a rewarding target…
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What Will Rate Hikes Mean for Your Family?

by Paul Mulligan Back in December of 2008, the Federal Reserve instituted a zero interest rate policy in an effort to curtail the effects of what is now commonly called the Great Recession. For the past seven years, borrowers have been able to take advantage of these lower interest rates.…
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Are You Financially Ready for an Emergency?

by Celeste Lohrenz By nature, personal finances are those monetary concerns that keep us, individually, up at night. We all adopt our own tactics and tricks to keep on top of our bills, rent/mortgage payments and other expenses, but some of us have more complicated assets than others and may…
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How to Save on Back to School Supplies

by Lynn Viesti Berube It’s officially August, and that means parents are getting their kids ready for the new school year. And while the first bell is rapidly approaching, there is still one last obstacle for many people to overcome before students are back in the classroom… back to school…
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Five Ways to Grow Your Savings Accounts

by Becky Tudor We get it… allocating a set amount of your income each month for your savings accounts may seem all but impossible. But it’s important to put money aside for a rainy day; you never know when emergencies (or even retirement) will creep up. Here are five suggestions…
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It has come to our attention that some customers have received phishing phone calls claiming to be from “The Milford Bank Security Department.” Please remember: The Milford Bank will never ask you to share personal or confidential information. If something feels off, hang up and call us directly at (203) 783 5700.