PPP Loan Portal now open

January 20, 2021

The Paycheck Protection Program (PPP) has reopened to small businesses. Small businesses impacted by the COVID-19 pandemic may be eligible for first-draw and second-draw PPP loans. RSI Bank is an approved PPP lender. Applications are accepted through a secure online portal.

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Setting SMART Financial Goals for 2021

January 4, 2021

Have you heard of SMART goals? SMART is an acronym that stands for Specific, Measurable, Attainable, Realistic, and Time Bound.  Setting SMART goals may help you develop specific plans towards reaching your financial objectives, such as paying off debt, saving for retirement, building an emergency fund, or other specific purposes, like saving for a vacation, college tuition, or buying a house.
 

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How to ladder Certificates of Deposit

October 20, 2020

A CD ladder is an investment strategy that allows an investor to make the most of higher interest CDs while maintaining some liquidity in savings.

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Applying for a Mortgage or Loan during a Credit Crunch

September 17, 2020

When times are tough, getting a loan may become more difficult. Why is that? There are many reasons why lenders become stricter on loan approvals during a recession.

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Emergency Savings - How much do you need?

July 23, 2020

Unexpected situations arise, and when they happen, they can destroy your financial stability. An emergency savings fund can act as a safety net when your financial security is threatened by an unforeseen crisis. Here are some tips on how to build an emergency fund.

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