St. Johns Bank has served the residential and commercial banking needs of the people of St. Louis and St. Charles counties for 95 years as of 2021. We’re a trusted partner for all types of financing in the area because we reinvest the deposits our communities entrust us with in those communities, in their homes and businesses. We’re preferred by many operators because our commercial financial experts work so hard to help operators create their success and manage their money in beneficial ways. Read on →

For many people, the idea of creating a budget seems entirely excruciating and they expect sticking to one would be a huge, everyday hassle. Fortunately, the reality is much more simple than the fear. The issue is many people imagine making and keeping a budget to involve aggressively price shopping for every grocery item and limiting how much they can use their money to enjoy life now. While the prospect of a better financial future may be appealing, it often doesn’t have the draw of getting a meal from a restaurant or holding off on replacing socks with holes on them. Read on →

So, you think your car may be in its last miles but you aren’t sure if it’s really time for you to make the move to get a new car. After all, the wheels haven’t actually fallen off yet, and isn’t that supposed to be the rule? With advances in how cars are made and how they function, Americans are keeping their cars longer, but that doesn’t mean your ride will last forever. Read on →

With mortgage rates at all-time lows, plenty of people are weighing their refinance options. If you’re in that group, you may be able to realize significant savings by making the move, but there are some considerations. Federal mortgage agency Freddie Mac reports mortgage rates continued to slide so far in 2021, hitting another record low in the opening days of the year. As of Jan. 7, the rate on a 30-year fixed rate mortgage was 2. Read on →

You likely know or could guess we agree with the sentiment that waiting until later to start getting your financial house in order is waiting until it’s too late. Every day is a great day to get on your path to stability and security, but the start of a new year makes it easier to mentally make a clean break from the past and start on a new course. Read on →

If you’ve heard people talking about “historically low mortgage rates” for about half the year so far and assumed there’s no way it could be true that whole time, we have good news: It is. Not only have the rates stayed remarkably low for that whole time, they continue to plumb new depths on a seemingly daily basis. But what does that all mean and how does it affect you? Read on →

Applying for a mortgage can be both exciting and challenging as you work your way through a process that can determine whether you’re able to buy that house of your dreams. One of the biggest sources of stress for many people is tracking down all the documents and details required to complete various steps of the process. There seem to be different requirements every step along the way, and it can be difficult to keep up with it all and find what you need. Read on →

While the best recommendation remains having 20% or more of the value of the property you’re purchasing available for a down payment at closing, that isn’t always possible. In fact, it typically isn’t. Whether you just haven’t quite accumulated as much in your savings account at this point as you might need or your dream house hit the market and you don’t want to risk waiting, it’s reality. And it’s OK in most cases. Read on →

Our money market accounts are just another of the wonderful options we have for businesses to invest for the future and improve their financial footing now. They provide an opportunity for your business’ money to keep working, even when you aren’t. We offer attractive rates that increase as your balance does and have a low required minimum. So here’s the deal on our money market accounts and why one might be the perfect option for your business. Read on →

Little ones watch adults pay for goods and services from very close to their first days on earth, so it’s only natural they would develop curiosity about this trade of paper, plastic and metal for things they want. The good news is, there are apps aplenty to help you teach them. Teaching children about money is an important part of preparing them for adulthood. It’s also a great way of developing both simple and complex math skills, including addition, subtraction and division. Read on →