BankCents

BankCents

By Bank of SpringfieldEducation
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BankCents episodes

  • 20 Somethings Financial Planning

    Whether you're 19 or 29, it's never too early to start thinking about your financial future. From retirement savings, to wills and trusts, to aligning your financial needs with a partner, it's important to start the conversation as soon as possible.

    In this episode of BankCents, Greg Marantz is joined by Greg Pettys, Wealth Consultant at BOS, to start a three-part series about financial planning in yours 20s, 30s, and 40s. Tune in to part 1 to learn where you can start in early adulthood.

    Watch on YouTube @baankwithbos.

    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media (@bankwithbos), comment on YouTube, or email us at

    [email protected] with your questions about banking.

    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at bankwithbos.com.

    This podcast is for educational purposes.

    Music byFASSounds from Pixabay

    17 min
  • The Process of Starting a Business

    You wouldn't dive into a pool without knowing how to swim, so why start a business without knowing where to start?

    Greg Marantz is joined by Erik Huber, VP and Commercial Loan Officer at BOS, to discuss why your bank plays an important role in your starting your business. From a business plan, to funding, to the crucial relationships you will need, Greg and Erik will walk you through the ins and outs.

    Episode Time Stamps:

    - 3:08 First Steps for Starting a Business

    ○ 3:28 Business Plan

    - 4:40 Build Your Business Team

    - 6:18 Relationship With Your Bank

    ○ 7:38 Changing Needs

    - 8:35 Funding a Business

    ○ 9:00 Types of Business Loans

    - 12:00 Business Loan Application

    ○ 13:40 Personal Financial Statement

    ○ 14:10 Underwriting and Approval Process

    - 16:00 Recap and Advice

    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.

    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.

    Watch on YouTube: https://youtu.be/FhLsr58wwyk

    This podcast is for educational purposes.

    Music by FASSounds from Pixabay

    https://www.bankwithbos.com/bankcents...

    19 min
  • A Quick Overview of the Mortgage Process

    Getting into a new home loan, whether for the first or fifth time, can be a lot to take in. Your mortgage lender is here to help you through the process, step by step.

    In this episode of BankCents, join Greg Marantz and Jessica Kessel, a Mortgage Lender in St. Louis, for a walk through of the mortgage process and the do's and don't of homebuying. From pre-approval to closing, take note and prepared for when it's time to purchase your new home.
    Episode Topic Timestamps:
    - Types of Mortgages 1:36
    - Determining the Right Loan 2:16
    - Refinancing 2:52
    - Alternative Options 3:36
    - Mortgage Process
    ○ Pre-approval 5:01
    ○ Documents and Appraisal 6:22
    ○ Underwriting 6:45
    ○ Final Approval 7:40
    ○ Closing Day 8:00
    - Do's and Don'ts 8:16
    - Advice 11:48
    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.
    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.
    This podcast is for educational purposes. All loans are subject to credit approval. BOS NMLS 402619.
    Music by FASSounds from Pixabay

    15 min
  • 40 Somethings Financial Planning

    Life can change in an instant. Do your legal documents and long-term financial plans, like wills and life insurance policies, align with your current wants and needs?

    In this episode of BankCents Greg Marantz is joined by Greg Pettys, Wealth Consultant at BOS, to finish the 3 part series on Financial Planning in your 20s, 30s, and 40s. Tune in to hear advice on navigating finances within your family, learn about what you should be planning for, and how often you should review your documents.

    Watch on YouTube: https://youtu.be/LAoVw0I-KLA

    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media (@bankwithbos), comment on YouTube, or email us at [email protected] with your questions about banking.

    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings.

    Learn more at bankwithbos.com.

    This podcast is for educational purposes.

    Music by FASSounds from Pixabay

    16 min
  • 30 Somethings Financial Planning

    So you have a retirement account and are planning for your children's college education, but are you really taking advantage of all the financial moves open to you?

    The next part of our Financial Planning series on BankCents is geared towards those in their 30s. Greg Marantz and Greg Pettys, Wealth Consultant at BOS, dive into the different avenues and best ways to prepare for the future. From FAFSA knowledge to fully utilized insurance plans, join us on the podcast to learn more!
    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media (@bankwithbos), comment on YouTube, or email us at [email protected] with your questions about banking.
    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at bankwithbos.com.
    This podcast is for educational purposes.
    Music by FASSounds from Pixabay

    13 min
  • Financial Literacy: Savings Accounts & CDs

    Ever head of "paying yourself first?" Automatic transfers into a savings account is the best way to begin reaching your financial goals.

    In this episode of BankCents, Greg Marantz and Tim Welch, VP and Branch Manager at BOS, dive into the topic of Savings and CDs as tools to grow your financial wellbeing. Listen in to learn the difference between the account types, how they can be helpful in reaching your goals, and the importance of financial education in all stages of life.
    Episode Topic Timestamps:
    - Introduction 0:54
    - Savings Accounts 1:58
    ○ Emergency Fund 3:00
    ○ Start Now and Automate 3:30
    - Certificate of Deposit 4:47
    ○ CD Terms and Interest Rates 5:48
    - Minor Savings Accounts 7:34
    - Teaching Children to Save 9:02
    ○ Needs vs. Wants 10:06
    - Needs vs. Want for All Ages 11:08
    - Savings Advice 12:16
    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.
    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.
    Music by FASSounds from Pixabay
    https://www.bankwithbos.com/bankcents

    15 min
  • Banking Solutions for Your Business

    Choosing a bank for your business is a big decision. Do they have the services available to manage and protect your funds? In this episode of BankCents, Greg Marantz and Justin Knoedler, AVP and Business Services Manager at BOS, dive into the products that can provide solutions to your business. From online banking, to fraud mitigation, to merchant processing tools, learn more about what a bank can offer to your business and fulfill your banking needs.


    Episode Topic Timestamps:

    - Cash Management Systems 1:50

    ○ eBusiness 2:26

    ○ Customization for Business Needs 4:53

    - Operating Systems 5:56

    ○ Merchant Processing and Surcharging 6:27

    ○ Lock Box 7:45

    - Trust Your Banking Partners 8:32

    - Mitigating Fraud 10:25

    ○ Multi-Factor Authentication Login 10:45

    ○ Positive Pay Check Fraud System 11:00

    ○ Monitoring Accounts 12:42

    - FDIC Insurance: IntraFi Network 15:30

    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.

    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.

    Music by FASSounds from Pixabay

    https://www.bankwithbos.com/bankcentspodcast

    20 min
  • Financial Literacy: Navigating a Fraudulent Environment

    Protect yourself from becoming the next victim of fraud. In this episode of BankCents our host, Greg Marantz, is joined by Matt Stark, VP of Business Services at BOS, to talk about the current fraud environment. From impersonating text messages to the way fraudsters are finding your secure information online, join the conversation and become aware of the tactics scammers are using to attack our communities.

    Episode Topics Timestamps:
    - Current Fraud Environment 1:36
    - Phishing 2:52
    - Text Fraud (Smishing) 4:22
    - Verifying Resources and Red Flags 5:32
    - Banks Never Ask That 6:50
    - Best Practices for Being Proactive 8:28
    - Fraud Resources 11:28
    BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.
    BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.
    Music by FASSounds from Pixabay
    https://www.bankwithbos.com/bankcentspodcast

    14 min
  • First-Time Home Buying: Pre-approval, Downpayments, & Advice

    So you want to buy your first home: what do you need to know? In this episode of BankCents our host, Greg Marantz, is joined by Lisa Smith, AVP, Mortgage Lender at BOS. From downpayments, interest rates, and loan pre-approval, Lisa and Greg discuss the mortgage process as it pertains to first-time home buyers, what they need to know, and how to get started.

    Episode Topics Timestamps

    • Pre-approval 1:52
    • Steps for Pre-approval 2:42
    • What Not to Do at Pre-approval 3:55
    • Downpayments 5:33
    • Grants and Programs 6:00
    • After Signing the Contract 7:32
    • Refinancing Interest Rates 8:40
    • Advice 10:08


      • Apply for pre-approval or learn more about our offerings at mortgagewithbos.com.

      BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media, comment below, or email us at [email protected] with your questions about banking.
      BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at ⁠⁠bankwithbos.com⁠⁠.
      This podcast is for educational purposes. All loans are subject to credit approval. BOS NMLS 402619.
      Music by FASSounds from Pixabay

      12 min
    • Why Community Banking? Relationships & Local Involvement

      Where you decide to bank is a serious decision. But how do you choose between a community, regional, or mega institution?

      In this episode of BankCents our host, Greg Marantz, is joined by Jason Knoedler, Executive Vice President and Vice Chairman at BOS. With over 17 years of experience in community banking, Greg invites Jason to give his insight on why you should bank locally. From financial partnership for personal and business needs, to ease of service and area involvement, learn why it’s important to have a relationship with a community bank.

      Episode Topic Timestamps:

      • Jason Introduction 0:45
      • Difference from Regional and Mega Banks 1:28
      • Community and Financial Partnership 2:35
      • Technology: Availability and Advancement 3:48
      • Small Business Banking 5:20
      • Community Involvement 7:08
      • Community Bank Statistics 8:32
      • Beginning a Relationship with a Community Bank 9:40

        • BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media (@bankwithbos), comment on YouTube, or email us at [email protected] with your questions about banking.

        BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at bankwithbos.com.

        This podcast is for educational purposes.

        Music by FASSounds from Pixabay

        12 min

      About BankCents

      From the publisher's feed

      BankCents is the podcast that makes sense of all things banking. Brought to you by BOS, a community bank located in Illinois and Missouri.