Browse the information below to check for bank holidays, stay current on tips and advice that can relate to your financial well-being.
Phishing Pop-ups Target Financial Institution Customers
Top Tips for Creating a Strong Password
According to The National Cybersecurity and Communications Integration Center/United States Computer Emergency Readiness Team (NCCIC/US-CERT) following these tips in creating strong passwords will help prevent you from being the victim of a data hack.
Renovation ROI: Home Improvements That Pay Off
Looking to upgrade your kitchen? Add a bathroom? Install hardwood flooring? Update your home’s exterior? Snazz up the landscaping?
Whether you are a DIYer or prefer to have a contractor do the heavy lifting, home improvements come with a cost.
Which projects will give you the best return on your renovation investment?
How to Put Your Home Equity to Work for You
A child heading to college. A new roof or driveway. Updating your kitchen or finishing the basement. Unexpected medical bills. The opportunity to create unforgettable memories on a family vacation. Nearly all of us experience financial challenges like these at some point.
One way to meet the challenge is by putting the equity in your home to work for you. Here’s how.
5 Tips to Help You Avoid Being Scammed
We’ve all seen them. Some of us have experienced them. We’re talking about scams, where a scammer tries to fool you into giving access to your money. Scammers may pretend to be family members or friends. They may say they’re with the government, a charity, a utility company – even from your trusted bank. Scams can leave us feeling embarrassed, angry and poorer. The best way to protect yourself is to know how scammers operate and how to foil them.
Go Local, Bank Local
6 Ways to Make Your Money Work for You
We don’t know about you, but it seems like every January, we find ourselves thinking, “Loved the holidays, but boy do we need to tighten our belts!”
And we’re not just talking about how much eggnog and cookies we consumed in December.
While we can’t advise you about exercise and diet, we can give you some tips on getting your finances back in shape.
Conventional wisdom says there are two ways to end up with more money in your pocket – cut expenses or increase income, or both. But there’s actually a third – make your money work for you. And that’s where your bank can help.
7 Tips for Choosing the Right Bank
Has your bank recently added new fees? Do you find it’s impossible to talk to a bank representative when you have a question or problem? Think local community banks can’t offer 24/7 online and mobile banking? Interested in where your bank invests the money you and others deposit?
If so, or if you have recently moved to a new city, it may be time to find a new bank, one that provides convenient online and mobile tools, personalized service, and the specific services you need.
For nearly 100 years, Brentwood Bank has been striving to be the Bank of Choice by providing quality service and financial products to families and local businesses. We are looking for new employees to join us and help carry out our mission.
New Year’s Day – Closed
Martin Luther King Day – Closed
President’s Day – Closed
Memorial Day – Closed
Independence Day – Closed
Labor Day – Closed
Columbus Day – Closed
Veteran’s Day – Closed
Thanksgiving Day – Closed
Friday after Thanksgiving – (open 8:30 AM – 5:00 PM)
Christmas Eve (open 8:30 AM – 3:00 PM)
Christmas Day – Closed
New Years Eve (open 8:30 AM – 3:00 PM)
Brentwood Bank Encourages Parents to Teach Children about Finances
Between Christmas money, birthday money, or allowance funds, many kids have some money they seem to think is burning a hole in their pocket. Whether he or she is earning cash doing odd jobs around the house or working a part-time job, now is the time to teach your child financial lessons that will last a lifetime.
Take some time to visit the bank and talk to your kids about budgeting and paying bills. Kids Looney Toons™ Savings Club account is a great tool that helps teach kids to save.
- At the bank. When you go to the bank, bring your children with you and show them how transactions work. Get the manager to explain how the bank operates, how money generates interest and how an ATM works.
- On payday. Discuss how your pay is budgeted to pay for housing, food and clothing, and how a portion is saved for future expenses such as college tuition and retirement.
- At the grocery store. Explain the benefits of comparison shopping, coupons and store brands.
- Paying bills. Explain the many ways that bills can be paid: over the phone, paper or by check, electronic check or online check draft. Discuss how each method of bill pay takes money out of your account. Be sure to cover late penalties, emphasizing the importance of paying bills on time.
- Using credit cards. Explain that credit cards are a loan and need to be repaid. Share how each month a credit card statement comes in the mail with a bill. Go over the features of different types of cards, such as ATM, debit and credit cards.
Money Management Tips for College Students
They understand GPAs and test scores but do they understand their credit score or the value of saving? Brentwood Bank’s top 10 tips are designed to give students an edge on mastering personal finance. College students can prepare for the financial side of college with the following tips:
- You are in charge. You are responsible for your finances and you should act accordingly by creating a realistic budget or plan and sticking to it.
- Watch Spending. You control your money, determining how you spend or save it. Pace spending and increase saving by cutting unnecessary expenses like eating out or shopping so that your money can last throughout the semester.
- Use Credit Wisely. Understand the responsibilities and benefits of credit. How you handle your credit in college could affect you well after graduation. Shop around for a card that best suits your needs.
- Get a Bank Account. Banks are more than money in a vault. They offer valuable services that students can benefit from like check cashing, debit cards, online banking, balance alerts, personal loans, direct deposit, financial education and some offer identity theft protection.
- Lookout for Money. There’s a lot of money available for students, you just have to look for it. Apply for scholarships and look for student discounts.
- New is Out. Consider buying used books or ordering them online. Buying books can become expensive and often used books are in as good of shape as new ones.
- Entertain on a Budget. Limit your hanging out fund. There are lots of fun activities to keep you busy in college and most are free to students. Use your meal plan or sample new recipes instead of eating out.
- Be particular when it comes to money. Don’t just trust anyone with your money. Be skeptical of classmates, friends or salespeople that have ideas for your money.
- Save. Things happen, and it’s important that you are financially prepared when your car or computer breaks down or when you have to buy that unexpected bus ticket home. No matter how small the amount you should start putting some money away immediately.
- Ask. This is a learning experience, so if you need help, ask. Your parents or your banker are a good place to start and remember the sooner the better.