So You’re a First-Time Home Buyer, Here’s What You Need to Know
By Paul Mulligan Buying a home is one of the biggest milestones in your life – right up there with marriage and starting a family. Being a homeowner has several benefits, including possibly lowering your monthly payments compared to renting and earning equity as your home value rises and you…
What Does the New FICO Scoring System Mean?
by Paul Mulligan, SVP, Retail Lending When you apply for a loan, lenders have access to a variety of information they use to decide whether to give you a loan and at what terms. The most popular of those resources is your FICO score, a three-digit rating based on information…
What you need to know about using P2P payment apps
By Lynn Viesti Berube One of the unique features about today’s app-centric society is there’s an app or just about everything, it seems. It’s great to be able to download apps and take care of so many things on your mobile devices. On the other hand, because these apps tend…
Peer 2 Peer Payment Apps Give Consumers More Choice
By Celeste Lohrenz As it has been with nearly every industry, digital technology is changing the way people bank. Online tools and mobile apps are making it easier for people to manage their finances, giving them modern options to replace traditional options. P2P (Peer To Peer) payment apps, for instance,…
How are You Getting Rid of Your Old iPhones and Computers?
By Dave Wall Every time Apple, Samsung, or any other electronic device manufacturer releases new products, the media tends to grab hold and saturate news feeds with the incredible advances these new product bring for consumer and business users. They’re not wrong of course – think about all the things…
Are Millennials Putting Themselves at Risk with their Digital Habits?
By Pam Reiss According to the FBI’s Internet Crime Complaint Center (IC3), the number of reported incidents of cyber fraud continues to increase, reaching to 351,937 in 2018, 16% more than 2017 and a 30% increase from 2014. Losses from these incidents are growing even faster, reaching more than $2.7…
Identity Theft vs. Identity Fraud: What You Need to Know
By Tyler Haskell Identity theft and identity fraud are becoming all too common today, with the economic impact to banks, businesses, and customers reaching well into the billions annually. In 2018, roughly 14.4 million American adults were victims of identity fraud, with losses totaling $14.7 billion. The two terms –…
What’s Happening in Milford, Connecticut, October 2019
[av_textblock size=” font_color=” color=”] What’s Happening in Milford, Connecticut, October 2019 By Celeste Lohrenz Temperatures are dipping from the summer heat, and the days are getting shorter. It’s all happening just in time for several exciting October events in Milford, several of them that have become traditional fall fixtures in…
Helping Beat Food Insecurity in Milford
By Celeste Lohrenz Food insecurity is defined by the USDA as “a household-level economic and social condition of limited or uncertain access to adequate food.” As amazing as it may seem, nearly 13% of Americans overall – and 17.5% of children – live in households that are considered “food insecure.” …