Malvern Bank's "Money Matters"

Money Matters: Building a strong financial chain

December 5, 2022

Hello,

Paper chains are a fun holiday decoration you’ll begin to see everywhere this time of year. Swinging from doorways and wrapped around trees, each time I see one, I can’t help but notice their simplicity and aesthetic variety.

This may surprise you, but the idea behind them can help you meet your financial goals.

It boils down to this phrase: Don’t break the chain.

That’s the concept Jerry Seinfeld used to reach celebrity and entrepreneurial success, and it’s something for you to keep in mind each time you save or invest for your future, you’re building a link in the chain. Over time, those links can add up to build some impressive size and momentum.

Read how it worked for Seinfeld in the Entrepreneur article below. It’s interesting to consider as we watch holiday decorations go up in our neighborhoods this season. And when you spot a paper chain, visualize the links you're adding – whether it be for retirement, savings, family or your education.

Here’s an idea that could be a valuable part of your personal financial chain. Malvern Bank is offering a 17-month CD at 3.25% APY. CDs can be a safe way to increase your savings rate of return. If fluctuations in the stock market make you nervous, the security of a certificate of deposit might be just the investment for you. And the FDIC insures CDs up to the maximum amount regulated by law. Learn more about our 17-month CD by calling us at 610.644.9400, visiting MyMalvernBank.com or click here.

If you’d like more ideas about how to make your chain stronger, more diversified or even more uniquely you, let’s talk about it. Let’s Start the Conversation!

Sincerely,

Anthony C. Weagley
President & CEO
Malvern Bank, National Association
Beyond Your Expectations ™
Office : 610.644.9400

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