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Why Mutual Banks Make Sense

By Jorge Santiago Mutual banks have been around since the early 1800s.  There are currently about 470 in business across the country and nearly all of them are also classified by the FDIC as community banks.  They were initially created to provide savings opportunities to the working class, something they…
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10 Tips for Safe Online Banking

It’s not surprising to see digital banking continue to grow, considering nearly everything else we do is accessible online.  Over the past several years, online and mobile banking has grown as the primary banking method by almost 25%, according to the FDIC.  It’s not hard to imagine that growth continuing…
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Safe Shopping Tips for the Holidays

The holiday shopping season is upon us.  Starting with Black Friday and running through Christmas, the next month will be the busiest shopping period of the year – as it always is.  Each year, online shopping has increased, due to convenience, availability, free shipping from many retailers.  This year, the…
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How to Avoid Job Scams

These are challenging times for everyone.  Most people have had to adjust to new work environments, and our personal and social activities have been largely non-existent for many months.  Unfortunately, many people have also found themselves laid off or furloughed as businesses have been forced to cut back staffing or…
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How to Keep your Kids Safe Online

With the world having gone completely digital there’s very little we can’t do online and through our smartphones or tablets.  Without question, it adds a new level of convenience to our lives.  Our kids, too, are living much of their lives online as they interact with friends, do schoolwork, play…
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Beware of Hackers on Public WiFi Networks

[av_textblock size=” font_color=” color=”] By Tyler Haskell As of last year, there were about 270 million smartphone users in the America. As society becomes increasingly more connected and reliant on their mobile devices, network operators, retailers, restaurants, and other establishments have started more aggressively rolling out WiFi networks to support…
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MESSAGE FROM TMB

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.