CBWY Blog

Get ready to dive into a season of change with our latest edition, where Mike explains the surprising move by the Federal Reserve—a 50 basis point rate cut—and explore its ripple effects on the economy, job market, and personal finances. Discover how digital banking is transforming business operations with features that streamline money management and enhance security. October marks National Cybersecurity Month, and we’ve got essential tips to protect your data from breaches. Plus, gain clarity on your credit report's impact on major financial decisions. Don’t miss out on these crucial insights—your next step in financial savvy starts here!

Are you wondering if it's a good idea to have a mortgage in retirement? Or perhaps you're curious about the latest trends in consumer spending and how they might affect your finances? Our Summer 2024 newsletter has all the insights you need!

Mike discusses: Despite strong economic and job growth, there's no Federal Funds Rate cut yet. Rising consumer spending and credit card debt hint at an upcoming economic slowdown, possibly leading the Federal Reserve to cut rates by up to 75 basis points by year's end to manage inflation and sustain growth.

Mike discusses the current economic situation marked by high inflation rates due to labor and material shortages, massive government funding, and record low interest rates. To combat this, the Federal Reserve has raised the benchmark federal funds rates, resulting in higher mortgage rates and increased home construction costs. However, indicators such as an inverted yield curve and slowing consumer spending and GDP suggest that inflation is declining, and rates are expected to fall significantly in the future, aligning with historical trends.

Mike discusses our unique economic cycle.

October is Cybersecurity Awareness Month

Mike talks about property values and inflation.

Check out our checking!

Looking for a home? Our mortgage lenders will be here for you every step of the way!

It’s grill season! That means that we donate our grill, food, and volunteers for a good cause!

In this newsletter Mike discusses the difference between big banks and Community Banks like us. Learn how our employees have been giving back. Mark your calendar for Shred Day!

In this newsletter Mike explains the effects of the stimulus checks on our current economy.

Do you know how to pick the best savings options for you? Are you familiar with IRA's?

In our Fall Newsletter Mike shares his knowledge on inflation patterns in the economy. 

Need to transfer to and from other banks? We have a simple solution. 

Looking at the fiscal year, have you thought about an HSA for you or for your employees? 

In our Message from Mike, Mike dives into economic happenings as well as his predictions for what things will look like in the near future.

Hear about our May Shred Day and the organization we were able to support. 

Learn how you can utilize your mobile app to it's fullest.

Have you heart about P2P Payments? Learn what they are and how to use them safely.