In the wake of turbulence in the financial markets, it’s worth reviewing the legal protections available for assets held by banks, credit unions, and securities dealers. Generally, deposit accounts at banks and savings and loans insured by the Federal Deposit Insurance Corporation (FDIC) are insured up to $250,000 per depositor per bank.
READ MORESaving builds a foundation The first step in investing is to secure a strong financial foundation. Start with these four basic steps: Create a “rainy day” reserve: Set aside enough cash to get you through an unexpected period of illness or unemployment–three to six months’ worth of living expenses is generally recommended. Because you may…
READ MOREKey strengths Key tradeoffs Important: Annuities are long-term tax-deferred investment vehicles intended to be used for retirement purposes. Any gains in tax-deferred investment vehicles, including annuities, are taxable as ordinary income upon withdrawal. For variable annuities, investment returns and the principal value of the available sub-account portfolios will fluctuate based on the performance of the underlying…
READ MOREKey strengths Bear in mind… Investing for Retirement Keep in mind… What to do… NOT Guaranteed by the Bank | NOT FDIC Insured | NOT A Deposit Not Insured by any Federal Government Agency | May Loose Value Including Loss of Principal
READ MOREA Roth Individual Retirement Account (IRA) is a personal savings plan that offers tax benefits to encourage retirement savings. You can contribute up to the lesser of $6,000 in 2020 (unchanged from 2019), or 100 percent of your taxable compensation to a Roth IRA. In addition, individuals age 50 or older can make an extra…
READ MOREA Traditional Individual Retirement Account or Individual Retirement Annuity (IRA) is a personal savings plan that offers tax benefits to encourage retirement savings. You can contribute up to the lesser of $6,000 in 2020 (unchanged from 2019), or 100 percent of your taxable compensation to a Traditional IRA. In addition, individuals age 50 and older…
READ MOREPerhaps the kids have gone and there’s just too much house for your needs. Maybe you’re taking a new minimalist approach to life. Or, perhaps you just want to reduce your time commitment and expenses by living in a more modest home. If you’re considering downsizing, see Apollo Trust first. As with any major transaction…
READ MOREIf you’re ready to upgrade to something roomier or make a lifestyle change, you can feel confident knowing Apollo Trust is here for you. We’ll make getting that dream home a reality! First, we’ll discuss how long you plan to stay in your home. We typically recommend at least five years. We’ll also review your…
READ MOREAt Apollo Trust, we care about you, our customers. Our approach to getting you into your first home is a bit different than our competitors. We’ll take the time to discover your needs, explain your options, and answer your questions. When you work with us, you’ll feel comfortable with both your new home and the…
READ MOREWhen it comes to applying for a mortgage, it’s important to understand your options, budget, and housing needs. At Apollo Trust, we know the local housing market and how mortgages work. More importantly, we know the needs of our customers. How Much House Can You Afford? If you’re new to the home buying market,…
READ MOREAt Apollo Trust, your account security is extremely important to us. That’s why we have partnered with EnFact® to monitor and PROTECT your debit card transactions. Automatic and free, this service is designed to help prevent potential fraudulent debit card transactions from occurring. Using industry leading technology, experienced fraud analysts will monitor your transactions continuously…
READ MOREApollo Trust is 5-Star Rated as One of the Strongest Financial Institutions in the Nation Apollo Trust Company has earned a 5-Star Rating according to Bauer Financial Inc., Coral Gables, Florida. Bauer is the nation’s leading independent bank rating firm. The award recognizes Apollo’s superior performance and strength. (The award is based on the analysis…
READ MOREMulti-Layered, Multi-Authenticated At Apollo Trust, we take your account security and data protection seriously. For Online Banking, we require two levels of authentication. The first is an Access ID and password; the second is a challenge question presented at every login. These steps are called multi-factor authentication and make it difficult for unauthorized users to access your…
READ MOREWhile ATMs offer convenience and 24/7 access, it’s equally important to stay safe and secure when using one. Safety Tips Be aware of your surroundings; leave immediately if you feel unsafe. Choose an ATM that is well lit and has a clear view of the surroundings. Be careful no one is loitering around the machine.…
READ MOREThe best defense to fraud is to stay informed. To help familiarize you with online fraud, here are some common terms to learn. Malware Malware is malicious software made to damage your computer and steal information. Viruses Viruses are harmful programs which give fraudsters access to infected devices, with the goal to copy itself to…
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