NLB Blog

Having a savings account comes with several benefits that can help you reach your financial goals faster. Savings 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.

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.

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 NebraskaLand Bank, 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 NebraskaLand Bank teams up with the American Bankers Association in a joint effort to Teach Children to Save.  In years past, NLB volunteers would collaborate with Madison Middle School in North Platte as well as Buffalo Hills Elementary School in Kearney to take over a classroom and teach the students in person.  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.

As the final installment of our seven-part blog chronicle on navigating and planning for the financial ins and outs of major life milestones, we end this journey on planning for retirement. From embarking on your first career job to getting married, starting a family, sending your kids to college, and enjoying an extended vacation as parents, you’ve accomplished a lot at this point whether or not you’ve perfectly followed this life track. Truly, looking back on your life is something worth celebrating and remembering.  In this blog post, NebraskaLand Bank offers financial advice on retirement planning.

Though planning an extended trip certainly takes a lot of time and effort (sound familiar?), you’ll also want to consider the budgetary and financial aspects of doing so. In the sixth installment of our blog series chronicling the financial ins and outs of life, we identify and address the financial challenges associated with planning an extended vacation as empty nesters.