exitplan

What is Your Exit Plan?

The U.S. Small Business Administration reports that more than 50% of business have no exit plan. Two thirds of all business owners report that they do not understand the options available to them. Fully 75% of business owners report they do not know the worth of their business. Consider this: Your financial security and that […]

Monthly Budget Plan for Expenses and Money

Developing a Financial Plan

Did you make a New Year Resolution to manage your money better in 2017?  To do that, start with a budget. The key to a good budget is including as much information as you can, so that you can adequately prepare and plan. It’s important to keep accurate records of your spending so you’ll spot […]

Ransomware Notebook Ransom Note

9 Ways to Avoid Ransomware Attacks

Ransomware is a form of malware used by cyber criminals to freeze your computer or mobile device, steal your data and demand a “ransom”¾ typically anywhere from a couple of hundreds to thousands of dollars ¾ be paid. Ransomware can affect individual computers or laptops, enterprise networks and or servers used by government agencies, financial […]

Businessman Working Email Writing Workplace Concept

6 Ways to Protect Your Business from Business Email Compromise Scams

Companies of all sizes are being targeted by criminals through Business Email Compromise scams. In these scams, cybercriminals gain access to an employee’s legitimate business email through social engineering or computer intrusion. The criminal then impersonates the employee – often a senior executive or someone who can authorize payments – and instructs others to transfer funds on […]

Life Insurance at Various Stages

Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more responsibility and your family grows. Then, as your responsibilities once again begin to diminish, your need for life insurance may decrease. Let’s look at how your […]

Woman at the ATM trying to take money out and a man behind her is trying to see the PIN entry

ATM Safety Tips

You can now do more than ever at an ATM:  withdraw cash, make deposits – checks or cash – transfer funds, and more.  While these conveniences make our busy lives easier, ATM crime does happen, although rare.  Keep these updated tips in mind to keep yourself and your personal information safe. Protect Your Card Always […]

Senior black couple standing outside a large suburban house

7 Tips to Help Seniors Live at Home Longer

Most Americans want to remain in their homes as they grow older, also known as “Aging in Place”. STAR offers the following tips for those considering this option: Take a hard look at your finances. Arrange a meeting with a trusted family member or friend and a STAR banker. It’s critical to understand your financial […]

Photo of a father and daughter sitting in the kitchen,daughter is comforting her father who is worried about home bills

Mortgage Relief Scams

The possibility of losing your home to foreclosure can be terrifying. The reality that scam artists are preying on desperate homeowners is equally frightening. Many companies say they can get a change to your loan that will reduce your monthly mortgage payment. Some claim that nearly all their customers get successful results and even offer […]

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Financial Tips for the Graduate

Think Long and Hard Before Using Credit Cards Young adults are the largest population targeted by credit card companies. They prey on young college students who don’t have a lot of money and need (or want) it fast. There are often promotions thrown in with the application of a new card, such as a free […]