Have you avoided opening a checking or savings account at a financial institution because you don’t know if it’s right for you?
We all have to deal with money in some way – whether it’s a paycheck, paying bills, or even getting a loan.
And there are many alternative financial service businesses out there that offer money services – but they charge fees that can chip away at your hard-earned cash.
The check-cashing businesses and payday loans used by many people can come with high fees and costly interest rates … and the more frequently you use them more they eat away at your money.
On the other hand, a traditional financial institution like Norway Savings Bank offers you a wide variety of services with benefits such as:
- Being able to talk to trained professionals who can advise you on wise ways to save and how to monitor your spending.
- Checking and savings accounts so you can safely deposit your money and not have to carry large amounts of cash that can possibly be lost or stolen.
- Online and mobile access to your account 24 hours a day so you can keep track of balances, transfer money between accounts, and monitor for any irregularities. Account holders can even pay bills online.
- You can have your paycheck deposited directly into your account.
- Having a savings account can help get you in the habit of regularly setting aside money for emergencies, college or even retirement.
- Having and account and forming a relationship with your financial institution can help when it comes to getting a loan or a credit card.
So don’t keep throwing your money away. Visit one of our 23 convenient branches today and talk to a trained professional about how having a checking and savings account can benefit you.
