What is a High-Yield Checking Account? Similar to a standard interest-bearing checking account, a high yield checking account allows you to earn a higher annual percentage yield (APY) therefore, ensuring that you earn more interest on the money in your account. According to the Federal Deposit Insurance Corp. (FDIC), in November 2023 a standard checking […]
Congratulations on your new milestone… moving into your first apartment! While this is sure to be an exciting next chapter, it can also be overwhelming trying to understand the financial cost of apartment living. As a first-time renter, recognizing the financial responsibilities associated with renting will allow you to make smart decisions and ensure you […]
According to the National Council on Aging, “estimates of elder financial abuse and fraud costs to older Americans range from $2.6 billion to $36.5 billion annually.” If you suspect someone may be a victim of elder financial abuse, you should report it to protect the safety and health of the person you are concerned about. […]
As a parent, some of the greatest joys in life are getting to watch your child grow into the person they were meant to be and witnessing their accomplishments… like, graduating and going to college! Sending your child to college is a significant milestone. While this new journey can be daunting, it’s important to […]
Have you ever asked yourself, “When should I start teaching my kids about finances?” While there’s no right answer to this question, a good place to start is whenever they have developed fundamental math skills. This is typically between the second and fourth grade. The goal when beginning to teach your child about […]
Financial Literacy Awareness Month is observed nationwide by a variety of organizations. People all over the U.S. host educational events and activities throughout the month of April to promote the importance of financial literacy – especially to our nation’s youth. In recognition of Financial Literacy Month, we would like to share some tips […]
Vacations are a wonderful time to relax on a beach, enjoy a cruise, or stroll through a new city. But one of the best parts is not having to stress over how to pay for it. The first step for any vacation is to identify your budget. By planning out your finances, you […]
Do you wait until the last minute to start buying gifts? Do you get carried away with spending during the holidays because you love seeing the joy on your loved ones faces when they open your gift? Does your list of gifts for friends, family, and coworkers cause you to become overly stressed? Do you […]
It ‘tis the season… for fraud. Did you know “about half of consumers who said they’ve been targeted by an online holiday shopping or phishing scheme ended up getting scammed, according to a new survey by Norton, a seller of cybersecurity software? Respondents who fell victim to scammers lost an average of $1,500,” it said […]
‘Tis the season to be jolly… and financially responsible! While the holiday season is a time of merriment and joy, the extra expenses – shopping, travel, events, gifts, etc. – can also bring financial strain and added stress to those who aren’t prepared. If you are looking to save money this holiday season, you’ve come to the […]
Bank of St. Croix provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Bank of St. Croix, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.
Click the link above to continue or CANCEL
