You Can Bank On It

May 5, 2016

Presented by: NobleBank & Trust

A Noble Idea
In 2004, a group of community leaders saw the need for a new locally-owned community bank. They had a common vision: to establish a financial institution based on Biblical principles. They envisioned a bank wherein all business endeavors and decisions would be handled in a Godly manner while meeting the needs of the community. Among the hundreds of decisions that had to be made during the organization process were the name and logo of the bank – the identity of the bank, if you will. The board of directors decided on NobleBank & Trust and the crest you see displayed below. The name they chose gave the new bank an identity with the local community and it expressed how the Board envisioned customers, employees, the community, and shareholders would be treated: nobly! NobleBank & Trust has now grown to five locations in Alabama, including an office at The Summit here in Birmingham.

The Importance of Saving Money. If you don’t earn much money and you are struggling to pay your bills, the idea of saving may seem overwhelming. Remember, everyone has to start somewhere, and if you work at it, your financial situation is likely to improve over time. Saving money is worth the effort. It gives you peace of mind, it gives you options, and the more you set aside, the easier it becomes to accumulate additional savings. At Noble Bank we offer our clients the opportunity to save through automatic transfers from checking to savings accounts. What this means is that you can automatically transfer funds each month from your checking account to your savings account. This is a great habit to begin, which will build up funds in your savings account over time.

There is nothing more important than saving for your emergency fund. Unexpected expenses will occur from time to time. Having an emergency fund in your savings account can be a huge relief when a home, auto, or other life unexpected incident takes place. It is also never too early to begin saving for retirement. Most financial planners suggest saving approximately 15% for your retirement fund. Some may have 401K plans through work, but others may be looking for different ways to save for retirement. At NobleBank, we would be thrilled to talk to you about several options for long-term saving plans. Find out more about savings accounts and other services offered by NobleBank by calling (205) 588-7060 or visiting www.noblebank.com.

-Paul Z. Rogers