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Top Scams of 2017 Revealed by the IRS

Every year, the Internal Revenue Service (IRS) releases its “Dirty Dozen” list of the top tax scams to be aware of in the coming months. Consumers should take this list seriously, especially during tax season, when fraudsters are scheming to steal personal information. We highlight six scams from the list to watch out for in…

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Should You Buy or Rent a Home?

The decision to buy a home can be a big one at any stage in life. From recently graduated Millennials to Generation Xers who may be relocating for a job or Baby Boomers looking to retire, the choice to buy or rent is different for everyone. In many cases, buying tends to be cheaper than…

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Ion Bank Foundation Awards $10,000 Grant to StayWell

The Ion Bank Foundation has awarded a $10,000 grant to the Naugatuck StayWell Health Center to help fund their new x-ray scanner which is used to diagnose the existence of tooth decay and other problems that cannot be seen during an exam.  The scanner not only is the most efficient form of diagnosis, but also…

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What You Need to Know About Business Credit Scores

Does your small business have a credit score? If you’re unsure, how can you find out? If you’ve ever started a line of credit for your company – even if it was just a small business card – you’ve already been building credit and thus have a score. Much like your personal accounts, your business…

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How Big of a Down Payment Should You Make?

When buying their first home, many buyers find that making the down payment is the biggest challenge. As a result, both government and conventional mortgages offer a range of choices based on how much of a loan you qualify for and your credit history. To meet your background, the typical down payment varies from five…

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