Why Checking Your Credit Score Matters

Across television ads, online banners, and even chit-chat among relatives, the phrase, “Check your credit score,” seems to be popping up everywhere. If something so important needs constant reminders, why does it have such a key importance in your personal finances? Well, the truth is that it doesn’t, your financial actions do. A credit score

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Who Says You Can’t Make a Snowball in the Spring?

While the weather can be as predictable as the Powerball, one thing that you can always count on through the seasons is your ability to snowball anytime you want. However, before you start creating snowmen out of ice shavings, let’s first cover what a snowball is. Typically in financial terms, snowballing is an action in

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The Latte Factor 101

Making your way through the drive through every morning before 7:30 may give you a refreshing start to your day, but at what cost? The ideology that coffee shops and other retailers capitalize on is the notion that these small expenditures add a little excitement to your day without a hefty bill. However, when you

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Red Flags to Look for on Your Credit Score

Everyone and their brother seems to be sharing the importance of checking your credit score, but once you have the information, how do you actually know what it means? At Timberwood Bank, we want you to not only have the information about your personal finances but be able to understand and act upon it as

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10 Ways to Shop Local

Supporting our community is one of the most impactful ways we can help it grow. By shopping with local vendors and utilizing area service providers you and your family can help ensure that our community prospers and grows each year. If you want to shop local, but don’t know where to start, our team at

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Nature v. Nurture: The Psychology of Spending

If you’ve ever taken Psychology 101, you’ve probably heard the argument for nature v. nurture. In this multi-century discussion, psychologists have debated whether a person’s genetics or environment make a greater impact their personal behavior. At Timberwood Bank we’re excited to share our take on this timeless debate, and share how nature and nurture affect

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Three Things to Look for in a Starter Home

If you’re in the market for your first home, congratulations! Becoming a homeowner is an exciting step on your financial journey. At Timberwood Bank, our dedicated mortgage lenders are here to help you find the best financing option for your new home. Remember to stop in and secure a pre-approval letter before you start your

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10 Steps to Opening Your Own Business

Creating the foundation of your next enterprise can be a challenging process. For everything from ideas to permits, it takes a lot to get a new business up and running. At Timberwood Bank we would like to help you make your dream a reality, and offer these ten steps to opening your avant-garde operation: Write

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How to Shave Thousands of Dollars off Your Mortgage

Congratulations on purchasing your home. You are now privileged to enjoy the thrills of home repair, maintenance, and occasional renovation. Depending on your mortgage structure, you may be paying off your home for up to thirty years. Luckily Timberwood Bank has some tips and tricks to help you reduce your repayment time. Using these three

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Fix-Up Your Budget

HGTV’s latest hit show, Fixer Upper, has fans and home buyers looking for new ways to save and restore old homes. While Chip and Joanna have become experts in home renovation, they’re not too shabby when it comes to finances either. Using their home building skills and our banking knowledge we offer these top tips

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