Resource Articles

The biggest mistake in financial planning is not having one. Creating a financial plan is not difficult, but it is daunting! We've broken down the six key steps to the financial planning process.

Making payments from your Extraco checking account is now easier than ever!

There are many benefits to creating a living trust. Here are the top three: 1. Avoid probate at death. Including multiple probates, if you own other property in another state. 2. It provides maximum privacy. 3. It can reduce or completely eliminate estate taxes.

When you take out a loan, you enter into a legal contract with the lender. This contract makes you liable to repay the obligation as set forth in your loan agreement.

If you’ve been procrastinating on business insurance, consider this: small businesses are much more likely than larger companies to be devastated in the event of an unforeseen loss, and business insurance needn’t be costly. Read more to learn about the business insurance you need.

Learn how to calculate your debt-to-income ratio (DTI) to estimate how much you can afford on your next mortgage. In addition to your credit score, your debt-to-income (DTI) ratios are looked at by closely by mortgage lenders when you apply for a loan. This ratio is extremely important in determining the risk associated with approval.

A budget will help you understand your spending patterns and gain better control over your money. Creating one helps you understand where you spend your money and discover areas where you can save.

Extraco Banks is committed to building businesses throughout Central Texas. Whether you're a startup or looking to create a succession plan for your business, we have the resources to help you achieve your business goals.

There isn't a "one size fits all" formula to calculate a premium or price for each person who wants to cover risks on something valuable to them. Insurers refer to known data when they make these decisions. Insurers also look at age, sex and claims history.

Insurance can help you financially recover if a risk should damage the things you value. Insurance can't prevent something from going wrong, but it can help protect you and your assets from the financial risk if something does happen.