When to Consider a Second Mortgage

As your largest asset, your home carries a lot of weight in terms of your current financial health and your future financial goals. Using your home as collateral, you can acquire a second mortgage to rectify money troubles or ...

What is a Fiduciary?

When you are making arrangements to ensure complete financial security for yourself and for your family, you might happen across the idea of obtaining a fiduciary. The duties of a fiduciary are imperative to ensure that your money ...

Colonial Holds Third Annual Diversity and Inclusion Celebration

On Friday, August 16, Colonial held our third annual Diversity and Inclusion (D&I) celebration. This year’s theme, “One Colonial. One Community.” was chosen because of Colonial’s ongoing efforts to support our local ...

Overlooked Tax Deductions for Homeowners

While owning a home has its benefits, most homeowners will agree that their mortgage is a hefty expense to pay every month. To lessen the monthly burden of a mortgage payment, here are four tax deductions for which you may qualify ...

Special Insurance for International Travel

From your automobile and home to your life itself, purchasing insurance to protect your most important assets is a smart financial decision that protects you and your family against disaster. If you are planning an international ...

Tips for Estate Planning

When it comes to the topic of estates, Stephen White, regional leader of wealth planning for BMO Wealth Management, sums up the importance of having a plan. “Spending a little time to get all your affairs in order is one of ...

The Importance of Flood Insurance

You already have the basic insurance coverages on your home, including dwelling and contents. Now, it’s up to you to decide what other coverages you should add to your policy. Should you opt for earthquake protection? Sewer ...

What Is a Money Market Account?

A money market account is an account that typically comes with a higher interest rate than other savings accounts. If investing in stocks and bonds is not something that appeals to you, but you would still like to make your money ...

Should You Get Pet Insurance?

At first, your young pet may only require yearly checkups and booster shots, but as he ages, the visits become more frequent and the bills get higher. Although you’re 100 percent dedicated to the care of your furry family member, ...

Using CDs for Your Savings

From savings accounts and money market accounts to stuffing cash into a jar in the cabinet or beneath the mattress, there are a wide variety of ways to save your money. These options offer varying advantages and drawbacks, but ...