Why credit management is important? Credit management is an essential aspect of being a responsible loan consumer. Your credit score plays a major role in determining whether you qualify for a loan and at what interest rate. A good credit score can help you qualify for loans with lower interest rates, while a poor credit […]
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The Billie Ray Craig Junior Golf Classic, sponsored by Murphy-Wall State Bank and Trust Company, was held Wednesday, June 19, 2024, at Red Hawk Golf Course in Pinckneyville, IL. The tournament hosted junior golfers from across Southern Illinois. The tournament, which is a Point Event for the Southern Illinois Golf Association Junior Golf Tour, is […]
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Elder financial abuse robs older Americans of billions of dollars in money, property and other assets every year. As those safeguarding their customers’ finances, community bankers are key watchdogs for monitoring and preventing this abuse. As relationship lenders and financial first responders, community banks are in a unique position to help shield our elderly customers […]
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We’ve all heard about phishing scams – those deceptive emails that try to lure us into clicking malicious links or revealing personal information. But what about smishing? This lesser-known cousin of phishing uses SMS (text messages) to target unsuspecting victims, and it’s on the rise. In this blog post, we’ll take a deep dive into […]
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Every year, Murphy-Wall State Bank & Trust Company offers three scholarships to graduating Pinckneyville Community High School Seniors. These awards are the STRIVE Award, Student of the Year, and the President’s Scholar. STRIVE, which stands for “striving to reach independence via education”, is a $1,000 scholarship presented to a student who applied through the RLC […]
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A Dell portal containing customer information related to purchases was breached. A threat actor claimed to have stolen information for approximately 49 million customers. Dell states that the following information was accessed by the threat actor during the breach: Name Physical address Dell hardware and order information, including service tag, item description, date of order, and […]
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Financial stability is a dream for many, but it can feel out of reach without a clear plan. Budgeting is the missing piece! It’s like a roadmap to your financial goals, helping you track your income and expenses, control your spending, and save for the future. Why Budget? Think of budgeting as a tool to […]
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The FBI warns Americans against using cryptocurrency money transmitting services that are not registered as Money Services Businesses (MSB) according to United States federal law (31 U.5.C. § 5330; 31 CFR §§ 1010; 1022) and do not adhere to anti-money laundering requirements. A few simple steps can prevent unintentional use of non-compliant services. For example, […]
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Murphy-Wall State Bank and Trust Company would like to congratulate Clare Loos on earning the honor of being the Murphy-Wall Student of the Month for April! After high school, Clare plans on attending Murray State University to earn her Bachelor of Science degree in Elementary Education. Clare has enjoyed participating in several extracurricular activities throughout […]
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Reinvesting in your community sounds great, but how does one really put that into action? If you’ve ever wondered if it matters where you deposit your hard-earned money, let me assure you it does. Not only does banking locally support small businesses, but as locally owned and operated businesses themselves, they are part of […]
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