Personal Banking

Financing Your New Car

One of the best times of the year to buy a new car is during the turnover from the current model year to the next, according to J.D. Power. Studies have shown that August is the best month of the year to buy a car. Even the day of the week can make a difference in buying a new car. According to a study by TrueCar, the average sales price of a car is more than $2,000 higher on Fridays than on Sundays. The first couple days of the month are cheaper too, with customers seeing a savings of almost

July 3, 2022
Business Banking

Business Banking Made Simple

Managing your business checking account is critical, but it should not cost you time and money. Clay County Savings Bank’s FREE* Business Checking requires no monthly minimum balance requirement and carries no monthly minimum service charge. The account includes monthly statements, a free company debit card and a competitive earnings credit. Also included each month free are up to 50 deposit items, 25 check/debit items and 5 ACH debits/credits. With free Online Banking and App, account holders can manage their business account quickly and easily, making it a breeze to review account history and reconcile statements. In addition to Business

July 2, 2022
Personal Banking

Refinancing Your Home Loan

Interest rates are rising; however, there is still time to refinance your home loan to lock in an interest rate that is still at historically low levels. The most popular reason consumers choose to refinance their home loan is to obtain a lower fixed rate. For example, if you purchased a home more than five years ago, today’s interest rates might be a full point or more lower than your current loan. Reducing your interest rate could lower your monthly payment by several hundred dollars. You could also choose to reduce your loan term, such as converting to a 10-year or 15-year

July 1, 2022
Personal Banking

Planning Your New Home Purchase

Are you ready to join the market in the search for a new home? If so, visiting your lender is a great place to start. Learning your options when it comes to financing a brand new home, determining your housing budget and knowing the current mortgage are all keys to make a wise decision in buying a new home. Getting prequalified or pre-approved for a home loan can make the process of buying home much easier. Knowing your budget allows you to narrow your shopping to the choices in your price range. Estimating closing costs and what you will bring to the table

February 4, 2021
Personal Banking

myBill Pay Streamlines Monthly Payments

Why mail checks or visit multiple websites to pay your monthly bills when you can do it all in one place? That’s the benefit of myBill Pay, Clay County Savings Bank’s online banking service that lets you schedule bill payments directly from your checking account. Managing your payments in myBill Pay is simple. Just click “Add a Bill” and fill in the details from your latest account statement, whether it’s utilities, credit card, cell phone or any other regular bill you pay each month. Schedule your payment and you’re done. It’s that simple. You can schedule bills to be paid on

February 2, 2021
Home
Scams and COVID-19
Scams and COVID-19
Other Money News

Scams and COVID-19

Scams and COVID-19

Scams are always out there, but in this time of COVID-19, you need to keep your eye out for people taking advantage of these times.

These scams can be emails, texts or calls that are offering “help”. What they really are looking for is your private information, like a Social Security number, bank account number, and more. Do not divulge your bank or credit card numbers or any other personal information over the phone, unless you initiated the conversation with the other party and you know that it is a reputable organization.

  • Reject offers to cash a check for someone in exchange for a fee. Even if the bank makes the funds available to you right away, it may later turn out that the check was fraudulent.
  • Don’t respond to texts, emails or calls about checks from the government.
  • Ignore online offers for vaccinations and home test kits. There are no products proven to treat or prevent COVID-19 at this time.
  • Hang up on robocalls.
  • Watch for emails claiming to be from the CDC or WHO. Use sites that are official government or sources sites to get the latest information.
  • Do your homework when and where to donate. 

 

  • Infographic for Keep Calm and Avoid Coronavirus Scams
From FDIC:  COVID-19 and Your Financial Health and FTC: Coronavirus Scams: What the FTC is doing