Money Management Blog

You probably pay your mortgage once a month. You send a check to your lender or make a payment online. Your money is then applied to principal, interest, and escrow. You may have heard about the idea of making bi-weekly mortgage payments and you’re wondering if this can save you money in the long run.

A home is probably the most expensive purchase you’ll ever make and may be the biggest debt you’ll ever carry. That’s why it’s important to avoid these mistakes that take the joy out of home ownership.

Many of today’s financial institutions are working hard to meet the banking needs of their local businesses through small business checking accounts, loans, and other business-focused financial products. Before you start shopping around for a financial institution, consider the most pressing needs for your business. It is important to remember that a small business checking account should simplify your banking and other financial needs, not add extra stress or exorbitant fees to your bottom line.

More and more people today are starting small businesses in an attempt to move away from traditional employment.  In many cases, small business owners need to find ways to infuse capital into their business in order to get it up off of the ground, or to help it grow and run smoothly.  Securing a small business loan is a great way to add the capital you need. 

We are excited to welcome the customers and team members of Southern Missouri Bank of Marshfield to our Southern Bank family. The Southern Missouri Bank of Marshfield operated two locations in Marshfield, Missouri and are now officially operating as Southern Bank.