Archive - August 2021

Our main goal is to provide you tips to help you achieve financial success. Finding ways to save more and cut costs can be difficult when many things feel essential. Exchange Bank of Northeast Missouri is here to offer our advice on certain things you can cut to save money!  Limit Subscriptions  If you have Hulu, Netflix, HBO and Amazon Prime – you probably don’t need all of them and aren’t utilizing them enough to make it worth the money. All the Read More

In the digital era we’re living in, passwords are the gateways to our entire lives. You log into your phone, bank account, email, shopping carts and sometimes even your healthcare provider’s mobile app all using passwords. Any cybercriminal that has just one of those passwords has the potential to steal your identity and your money. While we don’t mean to scare you, we do want to protect you! Keep reading for password protection best practices that Read More

How much can I reasonably spend on a home? This is a question every single prospective homeowner asks before purchasing a house, and this is exactly what we want them to be asking! While buying a home is a great financial investment to start building equity and wealth, no one wants to be house poor. Create a budget for yourself by using the tips below or jump straight to our mortgage calculator.  Save for a Down Payment and Closing Costs  A Read More

The elusive credit score... you know it’s important, but what actually is it and how does it affect you? We’re here to explain how you can build a good credit score from scratch!  Become an Authorized User  Before you open your own credit card, becoming an authorized user on a family member’s card is a great place to start! As an authorized user, your name is attached to their credit card and their payment history is added to your credit Read More