Bank & Community News
Check out our newest Two Cents video from Alex, our Residential Mortgage Officer! If you’ve considered purchasing a new home, refinancing an existing mortgage, or utilizing some of the equity you’ve built in your home, Audubon Savings Bank has a number of attractive options to meet your needs.
Visit AudubonSavings.com/Two-Cents for all of our Two Cents videos!
If you’ve ever participated in career day at a local elementary school, you’ll probably relate to this story. A banking colleague visits her son’s kindergarten class and amid explaining the role of a banker, one eager child pipes up and says, “It’s like the lifecycle of a plant!”
He’s right—community banks like Audubon Savings Bank take in deposits and distribute loans and feed into a self-sustaining micro-economy by keeping funds right here in Audubon, Mt. Laurel and Pine Hill!
The idea of “sustainability” is linked to a lot of our local activities these days—whether it’s reusing or recycling products that otherwise might be tossed out, sampling culinary delights from the local bakery or family-run diner, or choosing to buy American-made products to support our national economy. There are plenty of reasons why eating, dining and banking locally makes good economic sense.
It’s all part of a symbiotic relationship that community banks have with their communities. Funds taken in by the community are put to productive use by lending that money back into Audubon, Mt. Laurel or Pine Hill’s economic ecosystem—to local small businesses and residents just like you.
When you deposit money at Audubon Savings Bank, those funds are used to support local businesses, homebuyers, and everyday consumers. And the proceeds from those businesses employ local residents, fund municipalities, and continue the cycle of locally based economic growth.
This April, in celebration of Community Banking Month, we encourage everyone to consider what it means to bank locally and help sustain Main Street today, tomorrow and for generations to come.
Stop by our Bank today to discuss your financial situation and learn how a community bank can help you realize your financial dreams—and contribute to a more vibrant and sustainable economy in your community.
Remember—we’re all in this together. Community banks are only successful if our customers and communities are too. That’s why the community bank and its relationship business model have thrived for more than 150 years. We know what it takes to create successful local economies—join us in helping to build a more sustainable, vibrant economy here at home!
The Veterans at Home For The Brave would like to extend our sincere thanks to the employees at Audubon Savings Bank. On Tuesday, March 13, 2018, we were blessed with a donation of $300.00 from your staff. The Veterans are also very grateful for the tee shirts that were given to them as well. The shirts were very appreciated. What a wonderful act of kindness you have presented to the Veterans at our facility.
The Veterans residing at our traditional living facility are very grateful for the thoughtful donation you have bestowed upon us. We are so grateful that Marlene Laneader has advocated for the Veterans and given you the information on our Veterans housing program.
Each Veteran residing at Home For The Brave is expected to transition into permanent housing. The generous donation you have given will help purchase some small household items for a Veteran to use when they move to their new home.
Thank you for being so kind to our Heroes.
God Bless you all.
Home For The Brave
From providing clients with the tools to purchase their dream home or answering questions about an existing loan, I’m available to assist with all of your mortgage needs.
Call or email me today!
VP, Residential Mortgage Lender
*Industry Sources – Forbes, Kiplinger, National Association of Realtors. The predictions or other information regarding the likelihood of mortgage rate outcomes is educational in nature, and is not intended to serve as the primary or sole basis for your mortgage loan decisions.
At Audubon Savings Bank, we offer fixed rate Home Equity Loans on 1 to 4 family owner occupied properties or second homes. As a homeowner, using the equity in your home may be the best way to finance your next major project or purchase.
- Easy online application
- Competitive pricing
- Monthly payments that stay the same for the life of your loan
- No fees or closing costs
- 10, 15, and 20 year terms also available
Call 856-656-2200 or Apply Online Today!
*APR effective May 24, 2018, subject to change without notice. Credit request subject to credit and property approval. Other restrictions and limitations may apply. NMLS #498531.
Audubon Savings Bank and ICBA Offer Tips for Establishing and Maintaining Good Credit
Washington, D.C. (February 9, 2018): When establishing financial fitness goals, the Independent Community Bankers of America and Audubon Savings Bank want to remind customers: it’s easier to build a credit score than to repair a bad one.
“Having a good credit history is key to any financial plan,” said Robin Fadio, Vice President of Audubon Savings Bank in Audubon, New Jersey. “Credit scores take into consideration years of past behavior, so it’s important to establish a history of responsible credit practices and build your score by maintaining good habits.”
ICBA and Audubon Savings Bank offer the following tips to help build and maintain good credit.
- If you are just beginning to establish your credit history, open a checking account and keep careful track of your balance.
- Use debit and credit cards for convenience and safety, but not to overspend. Missed or late payments damage your credit and hurt your credit score.
- A good mix of credit (i.e., a revolving credit line and an installment loan) also boosts your credit score and further demonstrates that you can manage different types of credit.
- Demonstrate stability in the three to six months before a major purchase. Avoid opening or closing accounts or moving large amounts of money around.
- Build an emergency fund equal to at least six months of living expenses. If the unexpected happens, you will still be able to pay fixed expenses instead of falling behind.
- Alter your credit focus as you approach lifecycle stages. As you near retirement, for example, start paying down major purchases (such as a mortgage).
- Monitor your credit regularly so you can correct any errors and detect any potential signs of identity theft. Order a copy of your credit report annually from www.annualcreditreport.com.
Establishing good spending and saving habits, and sticking with them, is critical when times are tough and can go a long way toward helping you achieve your financial goals.
Audubon Savings Bank can serve as a great resource to help get you started on the road to establishing good credit, which will serve as the foundation for a more secure financial future.
Audubon Savings Bank is pleased to feature our first Local Business Spotlight: Alliance Adult Medical Daycare!
We were happy to host at our Audubon Branch on Friday, February 2nd from 12-2pm to meet with representatives from Alliance! Thanks to all who came!
About Alliance: We at Alliance believe that not only does our program help to improve our client’s physical well-being, but that with them being here, it allows for an emotional balance to form between them socializing with other clients, and stimulating their minds and their spirits. For the families, your loved ones will spend their days in a professional, secure, and non-judgmental environment with the appropriate care allowing for peace of mind. The cost can be covered by Medicaid program, state, or federal health insurance, or private pay. We offer two hot meals a day as well as many activities and trips for our clients to enjoy.
Contact Alliance Today!
Address: 607 S. White Horse Pike, Audubon, New Jersey 08106
You can also check out their Facebook here!
Audubon Savings Bank wants to know about your local business and how you serve the community! Our branches will be offering local businesses the opportunity to showcase their company in our branch lobby on a scheduled Friday. The Bank will promote the event in the branch, on our website and through social media. Contact your local Branch Manager to get details on how to participate in one of our Local Business Spotlight events!
Audubon Savings Bank to Merge with William Penn Bank in 2018 – NJPen.com
For more news about the issues, events, and people of suburban Camden County, visit NJPen.com.
Watch Chief Technology Officer Jim as he explains why passwords are so important and how you can protect your digital life with KeePass!
Visit AudubonSavings.com/Two-Cents for all of our Two Cents videos!