Face it, money is what it takes to live the life you envision. Of course, each person has their own vision, but financial stability lays the foundation for greater opportunities. Investing in yourself financially is one of the most powerful decisions you can make for your long-term success and well-being. Whether it’s learning new skills, pursuing higher education, or building a savings cushion, investing in yourself boosts your earning potential and helps you become more resilient during economic downturns. The more you invest in your financial knowledge and habits, the more you equip yourself with the tools needed to navigate an ever-changing world. The truth is, money makes money, and financially stable people make communities stronger.
Windsor State Bank, a branch of Wray State Bank, consistently stands by its community to help keep it a thriving place to live, work, and play. While Windsor State Bank offers a variety of business investment options, including loans, every financial path begins with the individual. Windsor State Bank offers a variety of personal checking and savings options for individual investors, including Certificates of Deposit (CDs), IRAs, HSAs, and Student Savings Accounts. Certificates of Deposit Accounts at Windsor State Bank are unique in the fact that you can add to them at any time. They offer automatically renewable CDs so you never miss a day's worth of interest, and with maturity terms ranging from 30 days to five years, Windsor State Bank will help you make a savings plan that is right for you! Because it’s never too early to begin investing, Junior CDs and Gradepoint CDs are also available for children and students. Windsor State Bank offers Traditional, Roth, and SEP IRAs. A Traditional IRA allows you to write off your contributions on your taxes, and you won’t pay taxes on savings until you withdraw during retirement. A Roth IRA acts in the opposite way, offering you the ability to contribute money that has already been taxed, so when you retire, you collect that money tax-free. And for the business owner, a SEP IRA aka Simplified Employer Plan IRA, is established by an employer on behalf of an employee and receives all the same tax benefits that a Traditional IRA does.
Health Savings Accounts (HSA) can be used as investment tools and typically are savings accounts used to save money for medical expenses. No minimum balance is required to open or earn interest. Students can get a head start at Windsor State Bank by opening up a Student Savings and Checking Account. By opening both, the Student Savings Account will earn a higher interest rate than a regular savings account while allowing unlimited withdrawals. And when it comes to school spirit within the community, Windsor State Bank offers Windsor Wizards and Severance Silver Knights mascot debit cards so locals can show off their school pride! The debit cards can be printed upon account opening, displaying exclusive mascot card designs.
From college to retirement, Windsor State Bank is here to support its clients every step of the way. Their team of financial professionals values ongoing relationships by building trust through transparency, and believes that a successful investor is an informed investor! To learn more about Windsor State Bank, visit their friendly team at 1130 Main Street in Windsor, or check out their website at windsorstatebank.com. Your financial future awaits, and remember, it’s never too late!
"Financial stability lays the foundation for greater opportunities."