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Market Month: August 2020

The Markets (as of market close August 31, 2020) The positive run for stocks continued in August as the major market indexes regularly reached … Read More

Building Prosperity Newsletter: October 2020

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Introducing Aaron Mascarella, Senior Vice President of Commercial Lending

Please join us in welcoming Aaron Mascarella, Senior Vice President of Commercial Lending to the TrustBank team.  Aaron looks forward to … Read More

College Disrupted: Students Face High Costs and Pandemic Impact

Even in normal times, it can be challenging for families to cover college expenses without borrowing money and/or risking their own retirement … Read More

IRS Clarifies COVID-19 Relief Measures for Retirement Savers

The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020 ushered in several measures designed to help IRA and … Read More

IRS Outlines Changes to Health-Care Spending Rules Under CARES Act

The amended rules under the Coronavirus Aid, Relief, and Economic Security (CARES) Act provide flexibility for health-care spending related to the … Read More

The Shape of Economic Recovery

On June 8, 2020, the National Bureau of Economic Research (NBER), which has official responsibility for determining U.S. business cycles, announced … Read More

Think Twice Before Speculating on a COVID-19 Cure

As hundreds of companies race to develop vaccines and drug therapies that could help end the COVID-19 pandemic, news reports on successful or failed … Read More