Financial InsightsBlog

ACH transactions or Automated Clearing House is the electronic processing of a financial transaction. While it is not a commonly recognized term, it is a frequently utilized transaction used often by consumers. ACH allow for the transfer of funds with less risk but...

The I Bond is a type of savings bond backed by the US Treasury on which interest is paid in one of two ways. Interest is calculated by a fixed rate set by the Treasury or by an inflation adjusted rate determined by the Consumer Price Index (CPI). I Bonds have become a...

If you have a college age child, you have most definitely heard of the FAFSA. While it may seem intimidating, have no fear. This application is being revised with positive changes to come and a preview sheet so you can be prepared. Future versions will be reduced to...

As airfare prices skyrocket and flying becomes more of a hassle due to cancellations, long security lines and overbooked flights, more summer travelers are considering their vehicle as a means to their summer destinations. The United States offers a magnitude of...

Editors Note: While banks across the nation continue to merge at levels not seen since the 2008 financial crisis, Pan American Bank and Trust is proud to stay rooted in the community that has been pivotal to our growth for the past 15 years. While we continue to...