NLB Blog

NebraskaLand Bank is thrilled to announce the appointment of David Fudge as our new Business Banking Officer. Fudge brings a wealth of experience and a dynamic approach to our team, further solidifying our commitment to serving the community with excellence.

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!

Credit can be an incredibly powerful tool when used wisely. It's crucial for becoming a homeowner, as your credit standing directly affects your ability to qualify for a mortgage loan and the interest rates you'll be charged. Here's what you need to know about credit.

Deciding between leasing a car and taking out a car loan can be a challenging decision for many potential car owners. Both options have their advantages and disadvantages, and the best choice depends on your personal financial situation, driving habits, and long-term goals. This article will explore the key differences between leasing and financing a car through a loan, helping you make an informed decision.

There are many considerations regarding having a home mortgage in retirement. This article is intended to provide an outline of potential pros and cons to be considered. As always, we recommend seeking advice from a Certified Financial Planner and/or your CPA Tax Advisor as these decisions are contemplated.

In today's digital age, protecting your financial assets has become more crucial than ever. One effective way to safeguard your money is by keeping your debit card off when it's not in use. This simple step can prevent fraud and ensure your bank account remains secure. In this article, we’ll explore the benefits of turning your debit card off and explain how scammers use sophisticated algorithms to guess card numbers and test them.

NebraskaLand Bank is thrilled to announce an exciting opportunity for rodeo enthusiasts and the local community—a meet and greet autograph session with some of the most distinguished Rodeo Royalty! As a proud sponsor of Miss Rodeo Nebraska, we are delighted to host this special event to kick off the NEBRASKAland DAYS celebration in North Platte.

Event Details

• Date: Tuesday, June 11
• Time: 10:00 AM - 11:00 AM
• Location: Westfield Branch, 1801 West A Street

Identity theft is one of the fastest-growing crimes in the country, and everyday activities like disposing of documents present opportunities for sensitive information to be stolen. In recognition of this risk, NebraskaLand Bank takes proactive measures to protect our customers through initiatives like Comm(unity) Shred Day. This free event, taking place in both North Platte and Kearney, provides a safe and environmentally friendly way for community residents and local businesses to dispose of important documents.

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.

The article highlights the significance of smart budgeting as a crucial step towards achieving homeownership. It presents budgeting not as a limitation but as a strategic tool for financial management, emphasizing its role in tracking spending, saving for a down payment, and preparing for monthly mortgage payments. A good budget offers insights into spending habits, enhances savings, reduces impulsive buying, and prepares individuals for unexpected financial challenges by advocating for an emergency fund.