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How do you feel about your bank? Would you be surprised to learn that a recent survey* shows the vast majority of customers are satisfied with their primary bank?
The survey stated that 89% of those questioned rated their bank as being between “good” and “excellent.” The same percentage stated that they are satisfied overall with the services received from their bank.
Here at Rhinebeck Bank we have an array of entry level positions. When we interview for these openings, many candidates state that they are “looking for a career, not just a job.” What does that mean? What is the difference between getting a job, and beginning a career? There may be no way to tell exactly what each candidate means when they say this. After all, it very well may mean something different to each person.
Do you remember your first job as a teenager? The happiness you felt at earning your own money and the freedom to pay for things yourself? Today, teens between the ages of 13 and 18 are most likely to babysit, mow lawns, or perhaps even have their own businesses on eBay or other sites. I know quite a few young entrepreneurs who make money by selling homemade doggie treats, glitter slime, and even buying sneakers and selling them online at a profit! Teenagers are finding new and interesting ways to earn money, so how can we help teach them to use that money wisely?
Fall in the Hudson Valley is one of the most beautiful times of year! There are so many fun things to do and we want to share them with you!
I get asked this question quite often when speaking with the public and it is a great question. In fact, sales people typically have a 30 second “elevator” speech prepared as a response when asked about the company they work for. In my opinion, as a Rhinebeck Bank Branch Manager, and representative of the organization, there is not an easy 30 second, answer I can give, and I’d like to tell you why.
(Not when working on your down payment and closing costs!)
Hopefully the vast majority of prospective home buyers know that they do not need a large down payment to purchase a home. There are a variety of low down payment programs including a few 100% financing options. But even with low down payment options many borrowers still need some help. One way to help is through the use of “Gift Funds”.
I had the honor of visiting the 9/11 Tribute Museum in Manhattan this past week. Mark Malone, VP Area Sales leader and I traveled down to film our 9/11 Tribute episode of Wake Up with Rhinebeck Bank. This experience was extremely moving. We saw artifacts from the tragic event, learned about 9/11 and heard from survivors. These survivors had so much to share.
Last year Rhinebeck Bank started a Mentor Program for our employees. The goal was to attract quality new hires, develop leaders within our organization, and retain high-potential employees. We are happy to say that we recently rolled out our second class of Mentors/Mentees, and have more than 50 employees participating in this very well received program.
A Mentor Program pairs a more experienced professional with a less experienced individual. The focus of the mentor/mentee relationship is to support the growth and development of the mentee, with the mentor being a source of support, insight and knowledge.
In a previous blog I wrote I asked the question, "will brank branches disappear?" In that blog I made the following statement:
“As a local Community Bank, we see the importance of locations where our customers can conduct business with a financial professional, whether it is a simple cash transaction with a teller or a complex transaction where a face to face meeting with a Banker would be helpful.”
When exactly is the right age to start teaching children about money? My opinion is that it’s really never too early to start! In fact, the earlier you can start to talk to kids about money, the more those lessons will stick with them as they grow up. Here are some great tips to help kids as young as three or four start to understand the importance of money:
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