In our recent “Ask the Expert” series, we highlighted the importance of financial literacy in healthcare. Understanding the distinct advantages of Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) is one of the smartest financial moves you can make. While both accounts save you money on taxes, they function very differently. Here is everything…
Life happens. A bill clears before payday, or a coffee run adds up faster than you expected. That’s where overdrafts come in. They don’t have to be confusing or costly. Let’s break it down in plain English and share practical ways to stay in control. What’s an Overdraft? And How Is It Different from NSF?…
Life moves fast. Between work commitments, school runs, errands, and precious family time, finding a spare moment to manage your finances can feel impossible. If you’ve ever tried to follow a rigid budget only to feel overwhelmed, you are not alone. Many traditional budgeting methods seem designed for a world with more free time than…
Life events require immediate attention to financial planning to prevent costly mistakes and family disputes down the road. Whether you are getting married, welcoming a new child, or facing the loss of a loved one, these transitions demand a thorough review of your financial accounts and legal designations. For expert insights on this topic, you…
Millions of federal student loan borrowers are facing a harsh reality this summer: wage garnishment could hit their paychecks within months. As of April 2025, 31% of borrowers are 90 days past due on their payments. It is important to understand how delinquency can lead to default and wage garnishment. If you’re having trouble with…
At Heritage Bank, our mission is to help you make the most of your money. Recently, KWLM sat down with Jon Liesener, Banking Apprentice, and Mandy Fleming, Market Manager, to discuss smart financial resolutions. Their expert tips will help you save money and use high-interest checking accounts. This will guide you to financial success in…
Are you trying to maximize your healthcare budget while maintaining access to quality care? Health Savings Accounts (HSAs) could be the solution for you. They offer substantial financial advantages and allow more flexible and affordable access to various medical services. But what is an HSA — and how does it work? Learn about HSAs: eligibility,…
In today’s world, every penny counts. But did you know that your bank could be doing more for you? You might be surprised to learn that there are several ways to squeeze more passive income out of your existing accounts. Here are 9 strategies to turn your bank into a money-making machine: 1. Interest Checking…
How do I switch banks? If you’re like most people, you’ve probably experienced a bank with poor customer service. If repeated offenses occur, you will consider switching banks. Knowing how to switch banks will make the process much easier. Switching banks might seem daunting, especially if you’ve been with your current bank for a long…
Discover the benefits of direct deposit at Heritage Bank NA. Streamline your payday and enjoy enhanced security and convenience with your checking account. In this post, you’ll learn how direct deposit can simplify your banking experience and provide peace of mind for you as an employee or a small business owner. Let us show you…
You’ve made a plan to pay off your credit card debt. Great! Now how do you go about keeping track of your progress? As a customer of Heritage Bank NA, you have access to our free myMoney tools in digital banking. By connecting your credit card – even if it’s through another financial institution –…
Is credit card debt on your mind? You’re not alone. Credit card balances increased by $45 billion in the second quarter of 2023, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data. Looming credit card debt can put a damper on your financial goals. Paying down that debt is a crucial…
Making the most of your finances requires looking for creative solutions to maximize your money. Knowing which is the best choice for your financial situation can be challenging with so many options. This Rewards Showdown post will discuss the differences between Interest Checking and Rewards Credit Cards. We’ll explore the advantages of each and give…
The holidays are just about here and if want to be very giving this holiday season, your pocketbook could suffer the consequences. It’s definitely possible to spread holiday cheer without spending a fortune. The following tips will help you manage your holiday spending. There will be no regrets when you do this.
Is a Conventional Savings Account Worn Out?
It is no secret that the conventional savings accounts aren’t as atractive as they were in the past. With all of the contrasting choices out there, folks are questioning whether a savings account is the correct approach to saving money. At Physician Bank, while we still offer conventional savings accounts, we have a few good alternatives, and we want to {support you in finding the perfect option that best fits your need. So, if you’re curious if the conventional savings account is still beneficial, don’t worry – at Physician Bank, you’re covered!
Probably like most people, you dream of one day purchasing a more luxurious home, cabin, or car, but don’t think you have the funds to do so. Now is the perfect time to start saving! The following are twelve ways to save money, so you will have it when you really need it.
Our award-winning eCentive checking accounts let you earn interest! According to bankrate.com, the eCentive® account earned the top overall rate for checking accounts in August 2022. Check out our eCentive® checking account, best for those seeking a versatile checking account with a high interest rate. Benefits include…
Can You Explain a Certificate of Deposit (CD) to Me?
CDs are deposit accounts that are available through banks, credit unions, or online financial institutions. You can do so by holding money for a specific time period, earning interest at the same time. Discover 3 benefits to opening a Certificate of Deposit today.
What is an Individual Retirement Account (IRA)? An individual retirement account (IRA) is a tax-advantaged investment account that individuals can use for retirement savings. There are several types of IRAs, such as traditional, Roth, SEP or SIMPLE. Contributions to some IRAs may be tax-deductible or withdrawals may be tax-free. Why invest in an IRA?…
Wherever you are on your path towards financial independence, it’s important to think about what would happen to your financial accounts if you were unexpectedly pass away. It seems like a morbid thought, but planning for the well-being of your family is essential. Even if you don’t yet have a spouse or children, thinking ahead…
