This is Salient

Your eyes are not playing tricks on you.
Video backgrounds are natively supported
in our exclusive & touch-friendly Nectar Slider.

 

page builder The New Amazing Nectar Page Builder
Click Anywhere To Discover More

 

Beautiful & Robust

Loaded with exclusive and beautiful features, Salient allows you to build a website that will have your visitors drooling from the moment they enter.

1
1

2021 Week 10 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 10 of the 2021 U.S. Economic Calendar highlights the ISM Manufacturing Index for January, mortgage purchase applications index, and more.

Here are your key economic updates for the week ahead, March 1 – March 5:

Monday, March 1

  • ISM Manufacturing Index for January. The consensus is for the ISM to be at 58.9, up from 58.7 in January.

Tuesday, March 2

  • Corelogic House Price index for January.

Wednesday, March 3

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The ADP Employment Report for February will release. This report is for private payrolls only. The consensus is for 168,000 payroll jobs added in February, down from 174,000 added in January.

Thursday, March 4

  • The initial weekly unemployment claims report will be released.  The consensus is for a increase to 760 thousand from 730 thousand last week.

Friday, March 5

  •  Employment Report for February.   The consensus is for 148,000 jobs added, and for the unemployment rate to increase to 6.4%.
  • Trade Balance report for January from the Census Bureau.

2021 Week 9 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 9 of the 2021 U.S. Economic Calendar highlights the initial weekly unemployment claims, New Home Sales for January from the Census Bureau, and more.

Here are your key economic updates for the week ahead, February 22 – February 26:

Monday, February 22

  • Chicago Fed National Activity Index for January.

Tuesday, February 23

  •  FHFA House Price Index for December 2020.

Wednesday, February 24

  • New Home Sales for January from the Census Bureau.
  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Thursday, February 25

  • Pending Home Sales Index for January.
  • The initial weekly unemployment claims report will be released

Friday, February 26

  •  Chicago Purchasing Managers Index for February.

2021 Week 7 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 7 of the 2021 U.S. Economic Calendar highlights the Consumer Price Index for January from the BLS, the mortgage purchase applications index, and more.

Here are your key economic updates for the week ahead, February 8 – February 12:

Monday, February 8

  • No major economic releases scheduled

Tuesday, February 9

  • NFIB Small Business Optimism Index for January will be released.
  • Job Openings and Labor Turnover Survey for December from the BLS.

Wednesday, February 10

  •  The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  •  The Consumer Price Index for January from the BLS.

Thursday, February 11

  • The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 760,000 from 779,000 last week.

Friday, February 12

  •  University of Michigan’s Consumer sentiment index. The consensus is for a reading of 80.5.

2021 Week 6 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 6 of the 2021 U.S. Economic Calendar highlights the Employment Report for January, the initial weekly unemployment claims report, the mortgage purchase applications index, and more.

Here are your key economic updates for the week ahead, February 1 – February 5:

Monday, February 1

  • ISM Manufacturing Index for January will be released.

Tuesday, February 2

  • Q4 2020 Housing Vacancies and Homeownership will be released from the Census Bureau.

Wednesday, February 4

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Thursday, February 4

  • The initial weekly unemployment claims report will be released.

Friday, February 5

  •  Employment Report for January will be released.

2021 Week 5 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 5 of the 2021 U.S. Economic Calendar highlights the mortgage purchase applications index, initial weekly unemployment claims, and more.

Here are your key economic updates for the week ahead, January 25 – January 29:

Monday, January 25

  • Dallas Fed Survey of Manufacturing Activity for January.
  • Chicago Fed National Activity Index for December

Tuesday, January 26

  •  FHFA House Price Index for November.
  • State Employment and Unemployment (Monthly) for December 2020

Wednesday, January 27

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Thursday, January 28

  • The initial weekly unemployment claims report will be released.
  • New Home Sales for December from the Census Bureau.

Friday, January 29

  • Chicago Purchasing Managers Index for January.
  • Pending Home Sales Index for December. The consensus is for a 0.6% decrease in the index.

2021 Week 3 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 3 of the 2021 U.S. Economic Calendar highlights the Producer Price Index for December, Job Openings and Labor Turnover Survey, and more.

Here are your key economic updates for the week ahead, January 11 – January 15:

Monday, January 11

  • No major economic releases scheduled.

Tuesday, January 12

  • Job Openings and Labor Turnover Survey for November from the BLS.
  • Jobs openings increased in October to 6.652 million from 6.494 million in September.

Wednesday, January 13

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The Consumer Price Index for December from the BLS. The consensus is for 0.4% increase in CPI, and a 0.1% increase in core CPI.

Thursday, January 14

  •  The initial weekly unemployment claims report will be released, with the consensus showing an increase to 850 thousand from 787 thousand last week.

Friday, January 15

  • The Producer Price Index for December from the BLS will be posted. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.
  • Retail sales for December is scheduled to be released.

2021 Week 2 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 2 of the 2021 U.S. Economic Calendar highlights ISM Manufacturing Index for December, Employment Report for December, and more.

Here are your key economic updates for the week ahead, January 4 – January 8:

Monday, January 4

  • Construction Spending for November. The consensus is for a 0.9% increase in construction spending.

Tuesday, January 5

  • Corelogic House Price index for November.
  • ISM Manufacturing Index for December. The consensus is for the ISM to be at 56.5, down from 57.5 in November.

Wednesday, January 6

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The ADP Employment Report for December. This report is for private payrolls only (no government). The report showed 307,000 jobs added in November.

Thursday, January 7

  • The initial weekly unemployment claims report will be released.
  • Trade Balance report for November from the Census Bureau.
  • The ISM non-Manufacturing Index for December will be released.

Friday, January 8

  • Employment Report for December.  There were 245 thousand jobs added in November, and the unemployment rate was at 6.7%.
Where to Start When Renovating a Home

Where to Start When Renovating a Home

By Good Reads

You’ve got your first home! Now what? Why not start with a renovation! Besides, you weren’t a fan of the kitchen anyways. Now it begs the question, how do you tackle a renovation? Do it yourself? Hire a contractor? Let’s dive into where to start when renovating a home. 

Establish What Exactly You Want to Redo

Sometimes, wanting to renovate something like your bathroom won’t exactly mean you want to redo it entirely. Sometimes you could just want to replace the vanity, or perhaps the shower and the toilet. Establishing exactly what you want to do and leaving out any ambiguity will make the process a lot easier in the beginning. 

Figure Out Your Budget

When you ask yours “Where to start when renovating a home?” a lot of the ideas you may have for your renovation will sound great, but it’s important not to get too ahead of yourself. Establishing your budget will not only allow you to establish how much you can spend on contractors, but on new decor, appliances, etc. 

Get Quotes from Contractors

Your first option isn’t always your best option. It’s always best to talk to as many contractors as you can and obtain quotes from all of them. With this, you can tell the contractor “I can’t spend a dollar more than x. What can I get out of this budget?” Depending on the contractor, you may even be able to negotiate prices. 

Look at the Possibility of Doing it Yourself

Depending on the size of your renovation, there’s a possibility of doing it yourself. Simple things like painting or replacing the trim can easily be done within your own time. Granted, there might be a learning curve involved when tackling any kind of renovation for the first time. Luckily there are hundreds of sources online to help you with a DIY renovation. It’s best to do as much research as possible before deciding whether or not DIY is right for you. 

Establish a Timeline

There’s always a stigma that goes along with renovations that they almost always take longer than they need to. Granted this isn’t always the case, the risk is still there. Regardless, giving a contractor a firm deadline on when the renovation needs to be done will attach urgency to the project. More often than people will give rough timelines on when the project can be done, which can potentially push the project back. Be firm about when you want the project done. 

If you’re still looking for a home to potentially renovate, be sure to contact our loan officers and start your home buying journey today.

2020 Week 52 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 52 of the 2020 U.S. Economic Calendar highlights new home sales for November, the mortgage purchase applications index, and more.

Here are your key economic updates for the week ahead, December 21 – December 25:

Monday, December 21

  • Chicago Fed National Activity Index for November.

Tuesday, December 22

  • Existing Home Sales for November from the National Association of Realtors (NAR). The consensus is for 6.70 million SAAR, down from 6.85 million.

Wednesday, December 23

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The initial weekly unemployment claims report will be released. The consensus is for 900,000 initial claims, up from 885,000 last week.
  • New Home Sales for November from the Census Bureau.

Thursday, December 24

  • The NYSE and the NASDAQ will close early at 1:00 PM ET.

Friday, December 25

  • Merry Christmas!
Does Your House Need Waterproofing

Does Your House Need Waterproofing?

By Good Reads

Does your house need waterproofing? Something that many homeowners run into is flooding in their basement, or a roof leaking when they least expect it. Depending on where you live the weather can have an overall effect on your home’s value. Whether it’s summer rain or melting snow during the winter, water damage can cost you thousands of dollars. Oftentimes people don’t know where to check for weather damage. Thankfully we’ve got you covered. 

Foundation

This one is usually the main culprit of leaking water in a home, usually caused by cracks in the foundation, typically found in older homes. It’s always important to check your basement during and after rain or snow melting to see if there are any leaks. If you happen to find one, be sure to repair it as quickly as possible. It’s best to talk with an expert and have them look at the damage thus far and assess what repairs need to be done. Repairing the foundation sooner rather than later is ideal to prevent your basement from flooding from years of cracks in the foundation forming. 

Gutters

Does your house need waterproofing outside? Water damage outside of your home is just as important as water damage in your home. Clogged or broken gutters will allow water to run right off your roof into your hard, which could potentially flood it, or damage that area right below the roof. It’s recommended to clean your gutters twice a year, but it wouldn’t hurt to do it a little more often if you can spare the time. If you however lack the time to do so, 

Window Seals

This is something that will usually slip under the radar in terms of what to look for when waterproofing your home. A leaky window seal can cause damage to the area around it, including the trim, carpet/hardwood, drywall, and the window itself. It’s best to call an expert if you experience any leaks. Though there are a few ways to fix it yourself

Roof

Ah yes, saving the best for last. The roof. Roof leaks aren’t something to easily deal with. This is a common occurrence in older homes. A leaky roof can damage items in your attic, the attic itself, drywall, and much more. Leaks in your roof can manifest over years, or appear suddenly after one windy night, pulling shingles or tiles off. It’s always best to check a couple of times a year to see if your roof still looks intact with all of the shingles or tiles. If something looks off, be sure to contact an expert to see whether or not repairs will be needed. Remember, the cost may seem high, but it will prevent damage to your home in the long run.

Purchasing a new house that needs weatherproofing might not be ideal, but in the long run it’s something that will need to be done to a lot of homes. If you’re still in the market for a home, be sure to contact our home loan experts and get started on your house hunting journey today. 

2020 Week 51 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 51 of the 2020 U.S. Economic Calendar highlights the mortgage purchase applications index, the initial unemployment claims, and more. 

Here are your key economic updates for the week ahead, December 15 – November 18:

Monday, December 14

  • No major economic releases scheduled.

Tuesday, December 15

  • The New York Fed Empire State manufacturing survey for December will be released. The consensus is showing 6.8, up from 6.3.

Wednesday, December 16

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The December NAHB homebuilder survey.

Thursday, December 17

  • The initial unemployment claims report will be released. The consensus shows 815,000 initial claims, down from 853,000 last week.

Friday, December 18

  • State Employment and Unemployment (Monthly) for November will be released.
shopping during a pandemic

Shopping for the Holiday During a Pandemic

By Good Reads

Now more than ever, you may be hesitant to go out into the public when shopping during a pandemic. Paramount Bank wants all of our customers to stay safe during this time, so we want to provide you ideas on how to do so. Check out these easy ways to avoid contact with others while shopping for the holiday 2020 season. 

Protect Yourself First

Adhering to the CDC standards during this time will make shopping for the holiday during a pandemic a lot more safe. Wear a mask, social distance, and washing your hands often with warm water for 20+ seconds will combat the spread of COVID-19 while shopping. Most stores provide hand sanitor and complimentary masks to customers who need them. 

Online Shopping

Online shopping is now more popular than ever. With the rise of COVID-19, many have looked to saving a trip to the store when shopping for the holiday during a pandemic. Granted many items you’re looking for are available at Walmart, Target, and Amazon, shopping local is still possible. A lot of local businesses have adapted to shipping their goods as well. Be sure to contact your favorite local shop if you’re interested in having an item shipped, rather than going to the store, or visit their website if they have one. 

No Contact Curbside Pickup

Many businesses have adapted to curbside pickup, and now more than ever it makes total sense. While shopping for the holiday during a pandemic, it makes total sense to find an option that keeps you and your loved ones safe. No contact curbside pickup is rather easy, companies will allow you to pick and choose what you want from the store on their app, and after you order, simply park in the designated parking spot, and pop your trunk when they’re ready. The rest will be taken care of. 

Shopping During Less Busy Hours

Regardless of curbside pickup, some still prefer to shop in the store itself. You can usually see when the busiest times for a business are when you check their location page on Google. Avoiding peak times while shopping could be a safer option for you when shopping for the holiday during a pandemic.  

Delivery Apps

Apps like Shipt, Instacart, and Postmates are great for shopping during the holidays when trying to avoid going into the public. These apps allow you to make a list, and have other shoppers go and do the shopping for you, and deliver them to your home. 

Staying home during these times isn’t easy, but it’s better to be safe than it is to be sorry. While you’re at home, be sure to check out some more of our blogs for home buying, decor, and easy ways to save money.  

2020 Week 50 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 50 of the 2020 U.S. Economic Calendar highlights Consumer Credit from the Federal Reserve, the initial weekly unemployment claims report, and more.

Here are your key economic updates for the week ahead, December 7 – December 11:

Monday, December 7

  • Consumer Credit from the Federal Reserve will be released.

Tuesday, December 8

  • Optimism Index for November will be released .

Wednesday, December 8

  •  The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Thursday, December 10

  • The initial weekly unemployment claims report will be released. The consensus is for 700,000 initial claims, down from 712,000 last week.
  • The Consumer Price Index for November from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.2% increase in core CPI.

Friday, December 11

  • The Producer Price Index for November from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.2% increase in core PPI.
Looking for a Home During Winter

Looking for a Home During Winter

By Good Reads

If you’re familiar with our article about the ideal time to purchase a home, you’ll know that winter isn’t at the top of the list. That doesn’t mean that there aren’t some perks to looking for a home during winter. Let’s look at some of the reasons why winter might be the season that you purchase your next home. 

There’s Won’t Be as Much Competition

Roughly 90% of homebuyers aren’t actually looking to purchase a house during winter time. Usually summer time is the prime time to look for a house. You can take your time looking for a home, because chances are it might be on the market for a while during winter months. 

Sellers Want to Sell Fast

Typically, if someone is listing their home during winter, it’s not because they want to, but because they need to. This means that they won’t be looking to squeeze out any extra money they can from you. Rather, they want to get as much as they can quickly and go. They usually won’t worry about counter offers, usually. Another reason it might be easier to obtain a house during winter is because it’s been on the market for quite some time. The longer the house sits, the more anxious a seller might become to sell it. 

Home Closing Process is Quicker

Liek with movers, loan officers aren’t as busy during the winter, this means there’s less loans to process, and usually leads to your home loan process moving quicker. Typically the workload for loan officers can slow down 25-30%, which might be ideal for you. The sooner the loan is processed, the sooner you’re set to move in. Which leads us to our next point.

Easier to Hire Movers

Moving during winter may not be ideal, especially when the weather is getting rather nasty. But, since there aren’t as many people moving during the winter months, this means that movers are more likely to be available during your moving schedule. Furthermore, you might even be able to get a moving job cheaper than usual since moving companies aren’t working as much during winter months. 

Keep in mind, a lot of these points are circumstantial, each region’s market could be different than the next, but more likely than not, purchasing a home during the winter months could be beneficial for you. If you decide to look for a home during these colder months, be sure to contact our loan officers and start your home purchasing journey today. 

2020 Week 49 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 49 of the 2020 U.S. Economic Calendar highlights the initial weekly unemployment claims report, Chicago Purchasing Managers Index, and more.

Here are your key economic updates for the week ahead, November 30 – December 4:

Monday, November 30

  • Chicago Purchasing Managers Index for November.

Tuesday, December 1

  • ISM Manufacturing Index for November, with the consensus for 57.5%, down from 59.3%.

Wednesday, December 2

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • Testimony from Fed Chair Jerome Powell about Coronavirus Aid, Relief, and Economic Security Act, before the Committee on Financial Services and U.S. House of Representatives

Thursday, December 3

  • The initial weekly unemployment claims report will be released. The consensus is for 825,000 initial claims, up from 778,000 last week.

Friday, December 4

  • Trade Balance report for October from the Census Bureau. The consensus shows the trade deficit to be $64.7 billion.
You've Got the House

You’ve Got the House, Now What?

By Good Reads

Some people spend months, if not years looking for the perfect house. The process can be tedious and stressful, but eventually it all pays off. You’ve got the keys to your new home, you’ve moved in and started unpacking. Now what? Chances are, you want to change some things up, truly make the new home your own. This process can seem overwhelming at first and off putting. Luckily we’ve got a few tricks to help you get through the initial process with ease. 

The list can go on and on about the ideas you have when it comes to changing up your new home. But let’s actually start with a list. This list doesn’t have to be every single thing that you want to change, but starting with one helps. Start small, include things like the kitchen handles you want to change, that mirror you want to replace, new shelves to hang up. Starting simple, and easing into some of the bigger projects, like replacing the kitchen backsplash or painting will make things seem easier. It’s also best if you create a timeline for some of these projects. “In November, I plan on replacing the outlet covers, and hanging up shelves in the spare bedroom and bathroom.” Creating a schedule with easily executable tasks will make the overall process much easier in the long run. 

There are a lot of things that are recommended when it comes to what to change in your new home, luckily we’ve got a few things that you can always add to your list. Let’s start with painting. This ideally would be done before you move into the house, that way you can avoid making the process a lot longer after you move in. You can paint a whole house by yourself in only a few days, if you have the time to spare before moving in. Remember, planning ahead is winning! You might also want to take time to change some other things up if you have to do so before you move in. Some of these tasks can include purchasing new appliances, or even arranging some areas like a spare bedroom or basement for storage. Purchasing some small to large containers, and adding shelving along the way. 

Now that you’ve gotten a few things out of the way before the big move, you’ve started to notice that you have an excess of things that you don’t want to bring into the new house. Of course there are a couple options to getting rid of these unwanted items, like either donating to your local Goodwill or Salvation Army, of (if you can) have an estate sale or a garage sale. Estate sales are rather easy. An agent will show up, and anything you want to sell just leaves out and puts a price tag on. The agent will coordinate all of it, and take a percentage of the sales at the end of the day. Making it a relatively hassle free process. No matter what you do, decluttering is always a good step to take before moving into your new home. 

Once you’ve gotten the house, there’s still a laundry list of things you’ll have to do, but luckily this article can help make the process a lot easier in the long run. If you’re still looking to obtain a house, be sure to contact our loan officers to help you get the process moving quicker today!

2020 Week 48 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 48 of the 2020 U.S. Economic Calendar highlights the FHFA House Price Index for September, the mortgage purchase applications index, and the initial weekly unemployment claims report.

Here are your key economic updates for the week ahead, November 23 – November 27:

Monday, November 23

  • Chicago Fed National Activity Index for October will be released.

Tuesday, November 24

  •  S&P/Case-Shiller House Price Index for September.
  • FHFA House Price Index for September.

Wednesday, November 25

  • The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
  • The initial weekly unemployment claims report will be released, showing a decrease from 710 thousand from 742 thousand last week.
  •  New Home Sales for October from the Census Bureau.

Thursday, November 26

  • All US markets will be closed in observance of the Thanksgiving Day Holiday.

Friday, November 27

  • The NYSE and the NASDAQ will be closing early at 1:00 PM ET.
what to look for in a starter home

What to Look For in a Starter Home

By Good Reads

Sometimes, buying our first home won’t be the only home you ever buy. Some people look at buying their first home as a way to learn the do’s and don’ts of home ownership. We all have our own preferences, but typically when it comes to a solid foundation for homeownership, there are some universal things to look for. Let’s dive into what to look for in a starter home.

What to Look For in a Starter Home – Manageable Repairs

There’s a fine line between a few repairs that need to be made, and a house becoming a full renovation. Buying a starter house with minimal repairs is a great way to see whether or not you would even want to tackle the idea of a renovation in your forever home. 

If You Change Your Mind, Could You Stay Here Forever?

Your starter home may be something that you only want to be in for 5 or 10 years, but chances are you might change your mind. The new home may start to seem more and more appealing as time goes on. It’s best to purchase a home that you could see yourself in for the rest of your life, but at the same, sell if you really wanted to.  

Get Something Under You Budget

Your starter home may not always be the home that you’ll spend the rest of your life in. So investing all that you can into it may not always be the best option. As stated above though, this may be subject to change. Regardless, it’s best to play it safe rather than possibly regretting the purchase a couple years down the line. 

Make Sure It’s In a Neighborhood You Like

Oftentimes you may hear some horror stories about someone moving into a neighborhood they aren’t a fan of. Even though you plan on moving in the future, it’s best to make sure the time spent in your starter home is one you’ll enjoy, and this includes the neighborhood as well. Getting along with the neighbors, adhering to the rules of the Home Owner Association, etc. can all play a factor in your overall happiness in your home. 

Granted, all of these are circumstantial, it doesn’t hurt to take these factors into consideration. Your starter home shouldn’t be something you want to ride out, instead someplace that you’ll be happy with. Regardless of where your starter home may be, once you find what you want, our home loan experts are here to help you the rest of the way. 

2020 Week 47 U.S. Economic Calendar

By Econ News, Economic Calendar

Week 47 of the 2020 U.S. Economic Calendar highlights the mortgage purchase applications index, the Existing Home Sales for October, and the November NAHB homebuilder survey.

Here are your key economic updates for the week ahead, November – November:

Monday, November 16

  • The New York Fed Empire State manufacturing survey for November will be released.

Tuesday, November 17

  • The November NAHB homebuilder survey. The consensus is for a reading of  85, unchanged from 85. Any number above 50 indicates that more builders view sales conditions as good than poor.

Wednesday, November 18

  •  The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Thursday, November 19

  • The initial weekly unemployment claims report will be released. The consensus is initial claims decreased to 700 thousand from 709 thousand last week.
  • Existing Home Sales for October from the National Association of Realtors (NAR). The consensus shows 6.45 million SAAR, down from 6.54 million in September.

Friday, November 20

  • The New York Fed Empire State manufacturing survey for November.
benefits of mobile banking

The Benefits of Mobile Banking

By Good Reads

Getting to the bank is often easier said than done. Sometimes a trip to the bank can be put off for weeks. Luckily though, some of our every day tasks are being integrated into our mobile devices, this includes a trip to the bank. Let’s look at benefits of mobile banking and how it can save you time in the long run. 

Managing Your Account Without Having to Go To the Bank

We get it, banking hours aren’t always ideal. They typically don’t fit a 9-5 schedule on the weekdays. Having to travel to the bank, especially when it’s far away, isn’t always easy. There’s also no guarantee that you can make it on time before it closes. Some banks are open on the weekends, but depending on your plans beforehand, making it to the bank may not be possible. Mobile banking takes away the hassle of having to go to the bank to get anything done with your bank accounts. Instead sit back, relax, and take care of simple tasks like transferring money between accounts at your own convenience. Luckily whether it’s 3pm or 3am, mobile banking is available 24/7. 

Mobile Check Deposit

Another thing that will save you a trip to the bank is mobile check deposit. Most banking apps allow you to simply snap a photo of the front and the back of a check, and boom, you’re good to go. Though usually the transaction won’t be instantaneous. Chances are you might have to wait a couple of days depending on who you bank with. This is a small price to pay for the convenience of doing it at home though, vs. having to drive to the bank on your own time. 

Benefits of Mobile Banking – Easy to Use!

Most banking apps have a rather simple layout. They’re very straight forward, allowing you to view that amount of money in each account, and easily transfer them from one to another. Some finance apps can tend to be a little more complicated, with the layout and accessibility being rather hindering at times. Luckily most banks know this, so they make their banking apps as easy to use.

Are you looking to start using mobile banking apps? If you already have an existing account with Paramount, download the mobile app today. If not, be sure to sign up and start earning interest in your checking account!

Coded to Pixel Perfection

Are you ready to show off & make some jaws drop?

65
Awards Won
268
Completed Designs
37
GitHub Repo's
439
Cups of Coffee