ENB Insights

You’ve finally found the perfect home, put in an offer, and had your offer accepted. Congratulations, you’ve bought a new home! Almost.

Ephrata National Bank announces the promotion of Christian Heckman to Group Vice President, Commercial Lending Officer. In this role, Heckman will be responsible for managing the sales activities and overall job performance of the Commercial Relationship Managers and Commercial Portfolio Managers, assisting them in making sound lending decisions while adhering to established policies, procedures and regulatory guidelines.

Your life is constantly changing and sometimes that means having the opportunity to review your mortgage loan to fit your needs. Here are some factors to help guide you toward a decision.

If you own a home, building home equity — the value of your home minus what you owe on your mortgage — is an important long-term strategy for building wealth. That’s because home equity is a resource you can borrow against to pay off debt or make investments that help your money grow. With this in mind, you may be wondering how much equity you have in your home, how you can access it, and how you can use it to build your financial future.

Buying your first home is a big decision, but the process doesn’t need to be a daunting one. Taking the time to ask yourself these ten key questions and doing your research prior to your home purchase can assist in taking stress out of the buying process.

Scammers often use online and mobile technology to snare their victims. Zelle®, a popular peer-to-peer payment app, makes it easy to send money to people you know. Unfortunately, it's also a favorite tool fraudsters can use to gain trust and access bank accounts. Here's what you should know about Zelle® scams so you don't take the bait.

Zelle® is a fast, safe and easy way to send and receive money with people you trust, like your babysitter, your fellow PTA mom, your son’s soccer coach, or your coworker. Whether you just enrolled with Zelle® or have been an active user for a while, there are a few tips you should always keep in mind to ensure you are being safe when sending money.

Nasty scammers intent on stealing your holiday joy often pose as kindhearted elves. They pretend to be caring individuals who exist to fulfill holiday wishes. In reality, they only want to swipe your credit card, bank account, and other financial data for their own personal gain. Stay alert to these cold-weather scams — and fill these criminals' stockings with coal instead of your hard-earned cash.

Every year, businesses across the U.S. lose tens of billions of dollars to employee fraud – and accounts receivable departments are a frequent target. Unfortunately, the risk of accounts receivable fraud – or “accounts deceivable” – is especially high for small and midsized businesses, which may handle large volumes of delayed payments but lack the resources and personnel to establish robust…

Whether you're ready to stop renting or already live in your forever home, understanding the difference between a traditional mortgage and a home equity loan is no less confusing. While both loan products are related to homeownership, they are not the same. Understanding how and why they differ could help clarify if either could be beneficial to you.