CBWY Blog

For many people, retirement can seem like a far-off concept that’s hard to plan for. But if you start saving early, you can take advantage of the power of compound interest and build a nest egg for your golden years. One of the best ways to do this is by investing in an Individual Retirement Account (IRA). IRAs are great tools to save for retirement because they offer tax benefits and the potential to grow your money over time.

Having a savings account comes with several benefits that can help you reach your financial goals faster. Saving Accounts can provide a sense of security and stability during difficult times or unplanned expenses. In order to start taking advantage of the benefits of having a savings account, you need to know how to save money effectively.

Playing with your grandkids, sipping mai tai’s from the beach, volunteering for your favorite cause; retirement looks a little different to everyone. No matter what your retirement goals are, an Individual Retirement Account (IRA) can be a great investment option, especially if you don’t receive a 401(k) plan through your employer. Plus, obtaining an IRA is easy! If you’ve earned taxable income this year, you’re eligible!

An HSA is a tax-favored savings account for individuals and families covered by a high-deductible health plan (HDHP). Contributions to an HSA are tax-deductible and distributions are tax-free if used for qualified medical expenses.

Located conveniently in your NebraskaLand Bank app, Zelle® enables you to send and receive money with friends and family, wherever they bank in the U.S. Follow these easy tips to use Zelle® safely:

1. Only send money to those you know and trust

2. Beware of payment scams

3. Treat Zelle® like cash

Opening a new bank account is not something you do every day. So, who do you talk to? What do you bring? What questions do you ask? Banking shouldn't be a scary process. At Commerce Bank of Wyoming, we want to provide you with the answers you are looking for so the next time you think about opening a new bank account; you’ll walk in like a pro.

Every year Commerce Bank of Wyoming teams up with the American Bankers Association in a joint effort to Teach Children to Save.  This year, with classrooms across the nation moving to the kitchen table, we are bringing Teach Children to Save into your home as well.  We want to provide you with tools and fun activities that will break the ice and start a conversation with your kids about money.  

It goes by many names, the Corona Relief Act, the Cares Act and Economic Impact Payments, no matter what name you may call it, this $2 trillion aid package is starting to find its way in to most Americans bank accounts.  We would like to break down some facts and frequently ask questions regarding the Economic Impact Payment.

While consumers are constantly bombarded with electronic ads, and the dangers of online scams, the average buyer has evolved and will research before signing the dotted line. Other lending and insurance marketers have resorted to purchasing consumer information to seem legitimate.

Starting in October, we're keeping our drive-thru open later so you can bank after work! Click here to view our new hours.