The Markets (as of market close April 29, 2022) April saw rising COVID cases in China prompt the shutdown of some of its biggest cities, causing global supply-chain issues. The ongoing war in Ukraine continues … Read More
Green bonds are debt instruments that corporations and governments can use exclusively to finance major climate-related or eco-friendly initiatives. Global issuance of green bonds reached a record $523 billion in 2021, and is expected to … Read More
The labor force participation rate — the percentage of Americans age 16 and older who are working or actively looking for work — peaked in early 2000, when it began to drop due to aging … Read More
Many thanks to everyone who joined us in April for Wine & Chocolate at Ocotillo! While sipping on wine and enjoying a sweet treat, we were introduced to Dr. Rose Saunders, Director of … Read More
TrustBank is proud to be the premier sponsor of the Literary Society of the Southwest, supporting literacy projects in Arizona. The Literary Society of the Southwest … Read More
On April 6, the U.S. Department of Education announced a record sixth extension for federal student loan repayment, interest, and collections, through August 31, 2022.1 The fifth payment pause was set to end on … Read More
The COVID-19 recession and the continuing pandemic pushed many older workers into retirement earlier than they had anticipated. A little more than 50% of Americans age 55 and older said they were retired in Q3 2021, … Read More
Baseball stadiums are filled with optimists. Fans start each new season with the hope that even if last year ended badly, this year could finally be the year.After all, teams rally … Read More
Over the past 30 years, the cost of college tuition, fees, room, and board has increased 85% at private colleges and 111% at public colleges above and beyond the rate of general inflation. After … Read More
About 4.3 million U.S. workers quit their jobs voluntarily in December 2021, after a record 4.5 million quit in November — the largest number since the Bureau of Labor Statistics (BLS) began recording voluntary job … Read More
The IRS issued more than 128 million income tax refunds for the 2020 filing season, putting $355.3 billion into the hands of U.S. consumers.1 For most recipients, such a sudden influx of cash prompts … Read More
The Markets (first quarter through March 31, 2022) Wall Street dealt with several major issues in the first quarter of 2022. Investors had to evaluate the impact of rising inflation, higher interest rates, ongoing coronavirus concerns, … Read More
Congratulations to the Diaper Bank of Central Arizona on a fun and successful fundraising event at TopGolf Scottsdale. The TrustBank team is committed … Read More
If you shop online, you might have noticed a growing number of buy now, pay later (BNPL) services that offer the option to spread out the payments on your purchases. Buyers who make … Read More
The federal income tax filing deadline for individuals is generally Monday, April 18, 2022 (Tuesday, April 19, 2022, if you live in Maine or Massachusetts). Need more time? If you're not able to file your federal … Read More
Congratulations to The Rotary Club of Sun Lakes on a fantastic golf event to support our community! TrustBank is passionate about investing time, talent, and … Read More
Most U.S. taxpayers "completely agree" (68%) or "mostly agree" (26%) that paying their fair share of taxes is a civic duty.1 However, no one wants to pay more than his or her fair share. … Read More
An initial public offering (IPO) is the first public sale of stock shares by a private company. IPOs are important to the financial markets because they help fuel the growth of innovative young … Read More
Over the past days, the United States and other countries have imposed various sanctions on Russia for its invasion of Ukraine. One sanction that was discussed initially but not implemented immediately was blocking … Read More
The Markets (as of market close February 28, 2022) Wall Street opened the month on a high note, with each of the benchmark indexes advancing. A stronger-than-expected jobs report and solid fourth-quarter corporate earnings data … Read More
TrustBank Senior Portfolio Manager Jordan C. Blevins discusses the difference between growth and value stocks. … Read More
Vice President & Senior Relationship Manager Aaron Mascarella discusses how TrustBank works with clients to … Read More
