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Money Market vs. Savings Account: What’s the Difference?

Category 2

02/10/25

Money Market vs. Savings Account: What’s the Difference? One of the most important roles of local and community banks is providing a safe and easy way for customers to save money. Whether they’re saving up for a particular purchase or just setting aside some money as a contingency fund, customers who opt to save money […]

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What is the FDIC? (And Other FAQs)

Category 2

01/06/25

According to their website, the Federal Depositors Insurance Corporation (FDIC) exists to “…maintain stability and public confidence in the nation’s financial system.” This independent agency accomplishes this goal by: You hear it at the end of every bank advertisement: “Member, FDIC.” What does that mean? Since 1933, the Federal Deposit Insurance Corporation, or FDIC, has […]

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5 Questions to Ask at Your Local Bank

Category 2

12/06/24

5 Questions to Ask at Your Local Bank Not all banks are the same. While the big national and major regional banks saturate the internet, TV, and other platforms with big-budget ads and massive campaigns, the local bank remains a vital part of our communities and their economies. Without the local, highly personalized banking services […]

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What Does a Federal Reserve Interest Rate Change Mean for Me?

Category 2

11/01/24

The Federal Reserve has started lowering the Federal Fund Rate, commonly called the Federal Reserve Interest Rate, in response to recent declines in inflation. Depending on your financial situation, that may be incredibly good news or disappointing news. With more cuts expected before the end of 2025, all bank customers need to understand how a […]

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Safe Guarding Your Information

Category 2

11/17/23

At Bank of Dudley the security of customer information is a priority. We are strongly committed to the safety and confidentiality of your records. Every day, unscrupulous individuals are busy developing new scams targeting the unsuspecting public. One of the best ways to avoid fraud is to become an educated consumer. Please keep in mind […]

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Winter Holiday Schedule

Category 2

11/15/23

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Summer 2023 Holiday Schedule

Category 2

05/26/23

All Bank of Dudley branches will be closed for the following summer holidays: Memorial Day (5/29), Juneteenth (6/19), and Independence Day (7/4). Our online and mobile banking platforms are available any time! Have a safe and sunny summer.

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virtual debit card

An Easier & Safer Way to Pay

Category 2

02/06/23

Add your Bank of Dudley personal or business debit or credit card to your smartphone’s wallet for a convenient and cool way to pay. Mobile payments are safer than using a physical credit, debit, or prepaid card. Face ID, Touch ID, or your passcode are required for purchases on your smartphone, and your card number and […]

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