Everyday Money

The who, what, where, when, why, and how of the banking world. Read financial topics and helpful advice on the questions you’ve always wanted to ask.

Young woman using her smartphone in a city center to compare mmf vs mma financial options.

MMAs vs. MMFs: Key Differences Explained

When it comes to saving or investing your money, Money Market Accounts (MMAs) and Money Market Funds (MMFs) are two popular choices that offer relatively low-risk opportunities for earning a return. Though both are designed to help you park cash while earning interest, they function in different ways. Below, we’ll break down the key differences between these two options to help you decide where to place your money based on your goals. 1. What is a Money Market Account (MMA)?

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Woman organizing personal finances and counting cash for a money market savings goal.

Navigating Money Market Account Withdrawal Limits

At Bank Five Nine, we understand the importance of flexibility and convenience when it comes to managing your finances. That’s why our Money Market Accounts (MMAs) are designed to offer you a great combination of competitive interest rates and access to your funds. However, like any financial product, it’s crucial to understand the rules surrounding withdrawals to ensure you’re getting the most out of your account. Let’s take a closer look at how withdrawal limits work and how you can

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Smart Ways to Savor Fall

Fall in Wisconsin is magical: pumpkin patches, Friday night football, apple orchards, and car rides to catch peak colors. But these seasonal outings often come with sneaky expenses that can throw off your budget.

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Why Fall is a Great Time to Open a College Savings Account

College costs aren’t going down – and for families across Southeastern Wisconsin, fall is one of the best times to start saving. Between new school routines, the change in seasons, and year-end financial planning, this window is naturally built for forward-thinking moves like opening a 529 College Savings Plan or a Youth Savings Account (Like our Good Savers Account!) Why fall specifically makes sense: Practical tips: Consider automatic transfers every pay period. Even $25 every two weeks can grow into

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Budget-Friendly Things to Do at the Wisconsin State Fair

At Bank Five Nine, we’re proud to support experiences that bring people together and the Wisconsin State Fair is one of our favorite summer traditions. Here’s how to enjoy the Fair without breaking the bank. Our Top Pick: Free Music at the Bank Five Nine Amphitheater We’re thrilled to sponsor the Bank Five Nine Amphitheater, one of the Fair’s most popular destinations for free, daily, live music. Located near Lehman’s Landing, the Amphitheater features a variety of acts ranging from

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