Simply Smart Insights
Scroll down and stay awhile to explore the answers to your everyday financial, business and homeownership questions.
Three key steps to take if you’ve fallen victim to fraud or identity theft
Your best defense against fraudsters and scams is to remain vigilant, know what to look for (via email, phone, snail mail, text, etc.), and don’t fall for their tricks. If, however, you learn that you’ve been scammed and someone has access to your personal...
Credit Report FAQs for Better Financial Health
Your credit report is a key financial document used by lenders to determine if you’re eligible for a loan, and it may also be checked when you apply for a job, sign up for insurance, or go to rent a property. Having a strong credit report—and a good credit...
Trick or Treat?! Don’t be fooled by these common cyber scams…
It can be all too easy to fall victim to fraudulent emails, texts, and phone calls from scammers pretending to be your bank. Especially at this time—when more and more people are using online banking to manage their daily finances—fraudsters are ramping up their...
First-Time Homebuyers: Don’t Be Spooked by These Sneaky Costs
Buying a home is an exciting life step and a huge investment—there’s no doubt about that. However, many first-time homebuyers aren’t aware of all the additional costs that are part of the home buying process (not to mention maintenance and improvement costs once the...
7 ways to prep your home this fall
With crisp air and falling leaves, it’s time to bring out the pumpkin spice candles, colorful mums, and festive wreaths to transform your home this fall. As you’re removing A/C units from your windows and raking up piles of leaves, there are a few more things we...
Top FAQs on Home Equity Lines of Credit
Homeowners consider applying for a Home Equity Line of Credit (HELOC) for a variety of reasons. Frequently, they are looking to make home improvements or fund a college education. Sometimes, they are looking to plan a dream vacation or have a safety net of funds on...
Three things to do when creating a business plan
By Chris Abbott, Assistant Vice President, Business Banker Starting a new business can be exciting and—understandably—a bit daunting at the same time. There are several important steps (such as registering your business with the State, gathering a tax ID, and filing...
Talk to Your Banker During Uncertain Times
By Barbara Raths, Senior Vice President, Treasury Management Sales Advisor and International Treasury Specialist at Camden National Bank. The pandemic has given businesses unprecedented challenges and opportunities. No matter what sector of the economy you are in,...
Tips for cash flow forecasting in turbulent times: Back to business basics
Cash flow forecasting can be stressful in the best of times. There are always growth rate assumptions, unexpected volatilities, months with extra payrolls, and more--making each month’s cash flow different than prior years. If you manage cash for your company, you’re...
