Tag Archives: Savings

Give the Gift of Finances!

email headerLet’s face it. Your child has everything! They’re fed, clothed, and probably even have an Xbox One, a cellphone, or both! But did you know that 48 percent of children are lacking a college fund or any type of savings account?

Coralville Personal Banker, Jeannie Beisel, believes it’s never too soon to start teaching your children sound financial habits. “The earlier that you start those good habits, the better they’re going to stick.”

So, ‘Why open a Jr. Banker Savings account during the holidays?’ you ask?

“Grandparents, aunts, uncles, etc. give money around the holidays, and opening a Jr. Banker Savings account at Two Rivers Bank & Trust will teach kids how to be responsible with their money instead of spending it on the first thing that catches their eye,” said Beisel.

It costs $5 to open the account.

Investing in your child’s future has never been easier! For just $5, you can open your little one’s savings account and set them up for a bright future. “The interest rate for the Jr. Banker Savings account is phenomenal,” said Beisel. “So your child’s money will grow as it just sits safely in the account.”

Maintaining a bank account teaches your child about money management.

campfireDon’t you wish someone taught you more about money management as a kid? Kids will be better off financially as adults when they grow up learning to set aside money, instead of spending it the minute they get it. Opening a savings account for your child is a great excuse to start that dialogue to explain why it’s important to save, and how much they should be saving. The best part? With a Jr. Banker Savings account, you can open it when they’re five, and it can stay with them when they decide to take up babysitting or a paper route a couple years down the road.

Your loved ones have more ways to give to your child.

All too often, grandparents, uncles, aunts, cousins, and even friends are uncertain about what to give your child for birthdays or holidays, so they turn to cash or gift cards. Beisel said, “A Jr. Banker Savings account is great for when your children do get monetary gifts from relatives.” So, rather than sending out extensive gift lists and keeping track of who got what, an alternative would be to ask your loved ones to contribute to your child’s savings account. A donation to your child’s savings is the gift that keeps on giving since Two Rivers Bank and Trust pays interest on these accounts!

For $5 you can open the door to financial security for your little one’s future, and your child will learn how to manage money – an invaluable gift.




Tips on how to frugally find your way through wedding season

Who knew having so many friends could come back to haunt you? Between flights, hotels, gifts, attire, etc… weddings don’t just add up for the bride and groom, but for their guests too. Here are a few tips to make it through wedding season with your savings still intact.

Credit card rewards

Two Rivers Bank and Trust offers rewards for simply using your credit card. It’s essentially free money you can redeem on flights, hotels, gift cards, merchandise, food, and more. Look into all of the benefits your Two Rivers Bank and Trust card offers. If you have a lot of weddings further away this summer, redeem those rewards and put them toward your airfare and lodging.

“One of our options is that you get one point for every one dollar that you spend or, for the cash reward, you get one percent cash reward back,” said Two Rivers Bank & Trust Teller Supervisor Kristin Fritz. “It’s easy and not all of the cards out there offer those great kick-backs and rewards, so in that sense, it makes you feel better about your spending.”

Compare lodging rates

The bride and groom will often reserve a block of rooms at a specific hotel close to their wedding venue at a group rate. But, that doesn’t mean you need to stay there. Shop around. If the pricing for the “suggested” hotel is out of your price range, there’s nothing wrong with staying another mile or two down the road for half the cost.

If the wedding you’re attending will have a big group of your friends in attendance, suggest renting a house for a couple days through Airbnb or another short-term rental site. This allows for multiple people to split the cost of the rental, and if the house comes with a kitchen, you can save on food too!

Keep it simple

Men don’t necessarily rack up the bucks on wedding attire. They can usually get away with throwing on their usual suit, picking out a tie, and they’re set. Unfortunately, women don’t have it that easy. For starters, (most) women know that they should never show up the bride by arriving in an eye-popping ensemble. If they wear a dress that’s appropriate and memorable, they likely won’t want to wear it to another wedding where the same people will be present. So what’s a girl to do?

According to Wisebread.com, women are not encouraged to wear a printed dress to a wedding because prints are remembered. If you’re looking to get a little more bang for your buck, opt for a solid color and spice it up with accessories. Change out scarves, jewelry, shoes, handbags, etc… These items will cost a lot less than a completely new outfit from scratch.

Use your Two Rivers Bank & Trust Credit Card

Take full advantage of your purchases by investing in a card that invests in you.

“You can use it anywhere. As far as lodging, you’re getting those points back. Or, when you buy the gift, you’re going to get rewards that you can use on something else along the way. So, you’re getting a kick-back whenever you are making a purchase of any kind,” said Fritz.

One thing you should never leave behind during wedding weekends is your Two Rivers Bank & Trust Credit Card. Whether it’s the hotel room, night-of attire, or the pedicure the week before, the Two Rivers Bank & Trust Credit Card is where you have your choice of card and your choice of rewards. You can choose between the Cash Rewards, Platinum Rewards or Platinum for whatever your spending needs.

Fun, Cheap Projects to Try This Weekend

Do you love crafting? Get your creative juices flowing this weekend with these fun, budget-friendly DIY projects!

“I love crafting and creating new things,” says Two Rivers Bank & Trust Loan and Client Services Administrator Jade Huls. “I’ve actually been doing a lot of DIY projects for my wedding this summer. It’s a great way to save some money, while also creating one-of-a-kind, unique pieces.”

  1. Sharpie Mugs

Do you have some mugs that need sprucing up? Personalize your plain white mugs with SSharpie Mugharpies! You can use Sharpies to add some personality to your mugs at home, or even give them away to your friends or family as gifts—great for birthdays, anniversaries or baby showers! Click here to learn how to make some ultimate Sharpie mugs. Psst … remember to only use oil-based Sharpies when making these mugs.


  1. Chalkboard Signs

Chalkboard FramThis weekend, turn an inexpensive frame into a chalkboard sign—perfect for your mud room or kitchen. First, you’ll need to find the perfect frame (paint or decorate it any way you’d like). Next, paint the back board of the frame using chalkboard paint—depending on the frame, you may need to buy a piece of wood for this step. After the paint has dried, put the chalkboard inside the frame and hang—it’s that easy! For a full project tutorial, click here.


  1. Drawer Shelves

Turn old dresser drawers into beautiful new shelves for your home. You can paint the drawers Drawersand customize them to better fit a specific room in your home—try using colorful or printed drawer liners for a great “wow” factor. Drawer shelves can be a particularly great option for narrow spaces, such as the space between a wall and door, or in a smaller bathroom.


“I’ve never tried this particular DIY project,” explains Huls, “but I’m looking forward to giving it a shot!”


  1. Terrarium

TerrariumGo green this weekend with a homemade terrarium. A terrarium is the perfect addition to any room in the house—especially with summer right around the corner. All you need is a glass jar, rocks or pebbles, potting soil and plants. You can also add figurines or sticks to your terrarium for some added flare. For a step-by-step tutorial, click here.

  1. Picture Gallery Wall

Gallery WallShowcase your most treasured family moments and make a statement with a stunning gallery wall. Whether you upcycle older picture frames, or purchase new ones, a gallery wall is a low cost way to up the design factor of your home. Take a look at these gallery wall tips before getting started to ensure your gallery wall showcases your artwork in the best way possible.


  1. Glitter-Dipped Mason Jars

Mason Jars“Glitter-dipped mason jars are a cool way to add some class to a boring jar—I’m actually making these for my wedding,” says Huls. “We will be using them as centerpieces for the tables at our reception. I had to make 60 of them! It took a lot of work, but they turned out great.”


Receive a full tutorial on how to make these mason jars here.



Which project will you try? Don’t forget to share photos of your final work in the comments.