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Arundel Federal Savings Bank
410.768.7800 | www.arundelfederal.com June 2020
 

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Pan Pals
Arundel Federal teams up with Pan Pals


Arundel Federal is honored to team-up with Pan Pals, Pandemic Pen Pals, which connects children of local, essential front-line Coronavirus workers with high school teens.


The Importance of Separating Spending and Savings Accounts
Some reasons to have two different accounts for your money


Accelerate your savings goals while staying on top of routine expenses when you establish two different accounts for your spending and savings.


Tips on Loaning Money to Friends and Family
Tips on how to safely help with money


A friend or family member asking for a loan can be an uncomfortable situation. It can be difficult knowing how to proceed, and how best to handle any problems.


What You Should Know About Setting Up Beneficiaries for Your Accounts
Designating beneficiaries protects your assets after death


No matter the state of your finances, it’s important to think about what will happen to your accounts if you pass away unexpectedly.


What is a Durable Power Of Attorney?
Give someone the legal authority to act on your behalf when you’re incapacitated


A durable power of attorney is a powerful and important tool for estate planning. It is, however, only one of four main types of powers of attorney.


U.S. Savings Bond Basics
Breaking down one of America’s most popular investment methods


Originally started as a way to raise money for the U.S. government during the Great Depression, savings bonds have been a popular form of investment ever since.


What are Bullion and Bullion Coins?
Understanding bullion coins and their investment potential


As part of diversifying your investment portfolio and protecting it against risk, you may wish to invest in bullion or bullion coins.


Health Coverage in Retirement
Tips for staying insured during your golden years


If you’re like many Americans, you probably receive your health insurance through your job. However, when it comes time to retire, you’ll be faced with a difficult — and potentially costly — problem.


How to Protect Your Financial Information Before a Computer Upgrade
Protect your data before getting rid of your old computer

Your old computer may still contain sensitive data like financial information, your Social Security number, passwords and personal files. If you’re planning on getting rid of your old computer, you should first take precautions.

Pothole Damage Happens: What Now?
Helpful tips for when the road bites back

While driving over a dip in the pavement might not seem like a big deal, nothing could be further from the truth.

Published by Arundel Federal Savings Bank
Includes copyrighted material of IMakeNews, Inc. and its suppliers.
Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.
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