
Reasons to Not Buy Life Insurance
Experts usually present life insurance as something that you should have to be financially sound. If you work for a company full time, it is possibly part of your compensation package. Is it something you really need, though? ...

Insurance Terms Defined: Premiums, Deductibles and Everything in Between
Insurance is a must if you own a home, rent an apartment, invest in a condo or if you drive a car. Health insurance and life insurance are non-negotiables, as well. The world isn’t perfect and since bad things happen, insurance ...

The Financial Impact of the Loss of a Spouse on Your Retirement
The loss of a spouse is life-changing on numerous levels, including your financial planning. The future you saved years for will be different from what you envisioned, but there are financial opportunities to support you after ...

Benefits of Getting Life Insurance Young
It’s commonly believed that young, healthy people don’t need life insurance. However, while life insurance may seem like an unnecessary expense when you’re in your twenties and early thirties, it can actually serve as a ...

What You Should Know About Setting Up Beneficiaries for Your Accounts
No matter the state of your finances, it’s important to think about what will happen to your accounts if you pass away unexpectedly. After all, this could have a major impact on the well-being of your family. One of the things ...

What Happens to a Loan if a Cosigner Dies?
Cosigning is when two or more people borrow on a loan together. While this is often done because one of the individuals’ credit history isn’t strong enough to acquire the loan on their own, it’s also a viable strategy for ...

Paying for Nursing Home Care
If your family has decided that putting your loved one in a nursing home is the best route for their wellbeing, it’s important that you come up with a plan to pay for their nursing home care. There are a variety of payment options ...

The Colonial Savings Foundation Donates $25,000 to Support Advancements in Racial Equity & Youth Programs in Texas
The Colonial Savings Foundation has pledged donations to two Texas-based non-profit organizations totaling $25,000 to help support advancements in Racial Equity and Youth programs for minority and African Americans in the state ...

Colonial Savings, F.A. Named Fannie Mae 2019 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 2019. Fannie Mae’s STAR Program recognizes those who have demonstrated ...

The Hidden Costs of Car Buying
Buying a car, whether new or used, is an exciting yet expensive time. In addition to the sticker price, you have to budget for hidden costs associated with securing your new ride. From dealership fees and taxes to insurance premiums, ...
Connect with Colonial: