August is known as the “Dog Days of Summer.” To celebrate this and to have a little fun, First County Bank showcased our furry, four-legged friends with their loyal human companions. Our Chairman and CEO, Rey Giallongo, even joined in the fun by sharing a photo of his pals Powell and his brother, Joe. Rey said Powell and Joe are special because they were service dogs with Puppies Behind Bars. Powell and Joe think Rey is special too because he takes them for walks and gives them treats. Check out our photo gallery to see our employees with their top dogs!
As many of you might know, First County Bank embraces technology and has launched many new technology-driven initiatives over the past 12 to 18 months. As a Community Bank, we don’t have the resources to develop new technologies internally and instead buy the best of breed from industry-leading vendors. The process begins long before new technology gets rolled out as we test drive new products to ensure that they can meet our customers’ needs.
This past year, we introduced our Mobile Banking App found in the iTunes store and Google Play. We know the use of mobile devices is growing exponentially. At home, our PC gets light duty in favor of our iPads.
Many of you use your mobile devices to interact with us to pay bills and check balances through our website, which was originally designed for PC use. We have made that interaction even better by converting our site to a responsive website design. This means that we have re-built our website to detect the mobile device you are using and display its content optimally for the particular device in question, be it an iPhone, an Android or an iPad. This is one of the latest innovations available in the world of website development.
Why is this important? It’s very simple. We have thousands of clients who visit our website each month through a mobile device so we wanted to provide them with the best experience possible.
Take a moment to check it out and, as always, let us know what you think.
According to conventional wisdom everyone will at some time have a need for emergency funds. Unfortunately many people still live their lives “paycheck to paycheck.” As a result, setting aside money for unexpected expenses can be a real strain on one’s household.
Before we tackle the issue of how to save for a rainy day, let’s figure out how much to save “just in case.” Most companies and nonprofits I work with say having six months worth of expenses set aside should carry their organization through a financial emergency. I think the same holds true for most families. A good starting point is to set aside at least six months of living expenses – household expenses, food and clothing allowances, health care costs and, of course, transportation expenses, to name a few.
Sure, this is easier said than done so here is some help on how to start. First, set a goal and talk with one of our financial experts at First County Bank about enrolling in an automatic savings program, which can be set up to deposit a portion of your paycheck to a savings account. Our trusted advisors will help you navigate your options to find the best savings plan to suit your individual lifestyle. The key is having immediate liquidity so be sure you don’t tie your emergency fund up in a CD, which generally makes funds harder to access at a minute’s notice. Investment products are also not the best vehicle for an emergency fund because of their inherent risk so you may want to steer clear of those.