National Bank Financial Literacy
We've currated resources to aid in your financial journey, from start to finish. View our library of articles ranging from fraud and security, to home buying and debt. We're here to help equip you on your path toward financial success.
FDIC
Understanding What the FDIC Protects
The FDIC is an independent agency of the United States government that was established in 1933, amid one of the most severe banking crises in the nation’s history, to maintain stability and public confidence in the financial system.
Good to know
Common Financial Terms Every Adult Needs to Know
When it comes time to buy a car or house, plan for retirement or prepare for another major financial event, understanding the complex terminology can be overwhelming.
Debt
Understanding Debt for Teens & Young Adults
In today’s world, it’s tempting to put everything on your credit card and live above your means. According to Experian, that accessibility has led to consumers in their 20s and 30s accumulating up to $27,251 of debt
Fees
Understanding Fees and How to Avoid Them
National Bank strives to offer a reasonable and fair fee structure to help you achieve and maintain your financial goals. The good news is that you can steer clear of most of these fees if you take a few simple steps. Read on for some more tips for avoiding fees.
FRAUD
Financial Scams Targeting Senior Citizens
It’s baffling to realize that senior citizens in the United States lose approximate $3 billion annually just from fraud. At National Bank, it’s our goal to maintain the security of your private information and protect you and your loved ones against fraudulent activity and scams.
Fraud
Understanding and Avoiding Fraudulent Checks
In today’s digital age, financial transactions have become faster and more convenient, but they also come with risks. One persistent threat is fraudulent checks. Learn what to lookout for and how to protect yourself from check fraud.
Home buying
Saving For a Mortgage Down Payment
Embarking on the journey to homeownership involves conquering the challenge of saving for a mortgage down payment. At National Bank, we are here to support you with key strategies and resources, so you can maximize your savings when preparing to purchase your dream home.
Savings
The Importance of an Emergency Savings Fund
Emergencies are often impossible to prepare for and can happen when you least expect them. Whether that emergency consists of a car accident, a flooded basement, or being laid off from your job, they are all out of your immediate control. All of these events can have substantial negative financial impacts, and that’s where an emergency savings fund comes into play.
FRAUD
How to Avoid Peer-to-Peer (P2P) App Scams
How safe are peer-to-peer (P2P) payment applications and how can we avoid being scammed? Let the team at National Bank explain the ins and outs so you can safely transfer your money between friends, family or online merchants.
Retirement
Tips for Increasing Your Retirement Savings
Having a comfortable nest egg to fall back on when you reach retirement is everyone’s goal. But are you doing everything you can to set yourself up for success when you retire? At National Bank, we have gathered several tips to help increase your savings, and plan for a happy retirement in Virginia or wherever life takes you.
Accounts
Saving Money with a Health Savings Account or Flexible Spending Account
Healthcare costs in the U.S. rose 7.5% in 2023. One way to save money on health care costs is to open and use a Health Savings Account (HSA) or a Flexible Spending Account (FSA). Both accounts have tax advantages, however most people don’t understand the benefits or how they work. To help you figure out if an HSA or FSA is the best medicine for your savings, National Bank has detailed what you need to know.
SECURITY
How to Boost Online Banking Security
As more and more consumers turn to online banking, it’s important to understand online banking security and how to keep yourself—and your money—safe. We take this topic very seriously here at National Bank and are committed to protecting all our customers in Virginia. These online banking security best practices will help keep your banking information as safe as possible.
Fraud
Identity Theft & Fraud on the Rise: How to Protect Yourself
Identity theft and fraud can be devastating, and these crimes have become more widespread over the past few years. Preventing identity theft and fraud starts with education and National Bank is always here to support your financial education needs. Consider these online and banking security topics to help protect yourself and your loved ones.
FRAUD
Protecting Yourself Against Debit Card Fraud
When you make a purchase with a debit or credit card, are you worried about your sensitive information being compromised? It’s hard not to be these days, given the frequency of reports about data breaches and identity theft. On top of it, there are constant warnings around us about scammers “phishing” for credit card numbers using bogus emails and websites.
ACCOUNTS
The Pros & Cons of Joint Accounts
In this National Bank article, explore the benefits and considerations of having joint bank accounts so that you can determine early on which might be right for your relationship.