Should You Buy a Foreclosed Home?

Many home buyers look at foreclosed homes as potentially great deals. However, the reality is that buying a foreclosed house can come with downsides that outweigh the initial advantages. The following are some of the factors to ...

How to Live on a Fixed Income in Retirement

Before retirement, you probably had the chance to increase your income, such as by earning promotions or changing jobs. But during retirement, it’s more common to live on a fixed monthly income determined by your savings. This ...

Protect Your Online Accounts from Phishing

Phishing is an all too common way for scammers to learn your personal information and access your financial accounts. To help prevent yourself from falling victim to a scam, it’s wise to learn exactly how phishing works. What ...

Planning for a Home Down Payment

Buying a home is a milestone worth celebrating, but it takes planning and preparation before signing the closing documents to ensure the purchase doesn’t become more of a burden than a blessing. Proper planning involves determining ...

Monitoring Your Credit Report

Your credit report holds plenty of valuable information. It can help you understand your spending habits, lend insight into your creditworthiness, and perhaps most importantly, it can enable you to monitor your accounts for fraud. ...

Benefits of Bundling Insurance

Many insurance policyholders like to sign up for coverage, set their monthly premiums to automatic payment then put it out of their mind. But it’s important to examine your policy from time to time to ensure that you’re getting ...

Which Debt Should You Pay Off First?

Between credit cards, student loans, car loans and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down ...

Savings Tips For Studying Abroad

Studying abroad is a great opportunity for students, but it can also be an expensive one. If you want to immerse yourself in a different country but are worried about paying for your trip, keep these savings tips in mind. Start ...

Teaching the Basics of Checking Accounts To Younger Kids

How to handle money is an important life lesson. The sooner you start your child’s financial education, the more knowledgeable and responsible they will be with their money. Opening a checking account for your child is a great ...

Colonial Savings, F.A. Named Fannie Mae 2020 STAR™ Performer in General Servicing

Colonial Savings, F.A. has again been named a Fannie Mae Servicer Total Achievement and Rewards™ (STAR™) Performer in General Servicing for 2020. The STAR Program recognizes those who have demonstrated best practices ...