January 2019 Newsletter

DATA, DATA, Where To Find The DATA? "Are you a Bank On coalition member, wondering how to get access to better data on Bank On accounts? Are you a financial…

Continue Reading January 2019 Newsletter

September 2018 Newsletter

  Bank On South Alabama Attends & Presents at the 2018 Prosperity Now Summit The September 2018 Prosperity Summit in Washington, D.C. provided a platform for diverse stakeholders to weigh…

Continue Reading September 2018 Newsletter

FREE Credit Freezes Now Available

Credit freezes - aka "security freezes" - are tools consumers have had access to use in the battle against credit fraud, making it more difficult for thieves to open lines…

Continue Reading FREE Credit Freezes Now Available

New Products That Meet National Standards

Bank On South Alabama Announces Three Newly Certified Products that Meet National Account Standards Bank On South Alabama (BOSA) is excited to announce that three of its partner financial institutions, Iberia Bank, The…

Continue Reading New Products That Meet National Standards

What Do Lenders Look At When You Apply?

When applying for a loan, line of credit, or opening a credit card account, it’s important to know what factors lenders may be considering when reviewing your application. Understanding these…

Continue Reading What Do Lenders Look At When You Apply?

How Is My Credit Score Determined?

A bad credit score can hinder you from doing important things that you want to do in life—including obtaining a mortgage, refinancing a loan or getting a great deal on…

Continue Reading How Is My Credit Score Determined?

How to Improve Your Bad Credit

Last week, we outlined exactly what a credit score is, how it is determined and the implications of having good credit versus bad credit. The good news is, if you…

Continue Reading How to Improve Your Bad Credit

5 Reasons to Avoid Payday Lenders

Payday loans are short-term, unsecured loans that are available in brick-and-mortar locations and now online. Even with legislation intended to mitigate the devastating effects of predatory lending practices, payday lenders…

Continue Reading 5 Reasons to Avoid Payday Lenders

Try These 5 Alternatives to Payday Loans

In last week’s blog, “5 Reasons to Avoid Payday Loans,” we discussed how dangerous payday lending can be to one’s financial well-being. With triple-digit interest rates, hidden fees and predatory…

Continue Reading Try These 5 Alternatives to Payday Loans

Benefits of Having a Bank Account

In deciding where to store and process their money, many people decide that a bank or a credit union is a no-brainer. However, for others, the decision is not so…

Continue Reading Benefits of Having a Bank Account

Top 5 Free Online Budget Tools

Tools exist to make our lives easier, and that’s no different when it comes to finances. Especially if you are not a numbers person, assessing your assets versus liabilities and…

Continue Reading Top 5 Free Online Budget Tools