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Understanding How Interest Rates Are Set

Breaking Down the Variables that Affect a Borrower’s Rate on Personal Loans

At some point in your life, you probably needed to come up with money for a home or vehicle purchase. Or perhaps you needed an influx of cash to perform some long overdue home renovations.

However, most individuals don’t have thousands of dollars sitting in reserve to fund these types of purchases or projects. According to recent statistics shared by Market Watch, the median savings balance for people under 35 is approximately $3,200. For those who are in their mid-50s or nearing retirement age, the median savings balance is around $6,400.

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Tax Season Is Right Around the Corner…Are You Prepared?

How to Prepare for Tax Season with the Best Bank Near You

Now that we’re officially in a new year, it means the holiday season is behind us, and tax season is on the horizon. In fact, for many folks, tax season has already begun. A couple key dates have already come and gone that may be of interest to filers.

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Verimore Bank - Your Trusted Local Bank in Missouri

Local Banking That Offers Big Services

With roots going all the way back to 1934, Verimore Bank elevates the local banking experience by offering big services with a personalized approach. We’re the bank that knows our customers by name and answers the phone with a real live human being – not an automated phone tree.

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Getting Back to the Basics of Budgeting

Tips You Can Follow in 2023 That Will Benefit Your Finances

As we kick off 2023, we get to start off fresh again knowing a couple financial facts that may prove useful in the future.

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Maximizing Your Local Banking This Holiday Season

Point of Sale and Online Banking Services That Will Help You Shop Like a Pro

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