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Most federal student loan payments and interest have been suspended since March 2020. After numerous extensions and introduction of a federal student loan forgiveness that was blocked by the Supreme Court as of June 30, 2023, student loan interest resumes on September 1, 2023, and payments will resume starting in October.
Are you ready to hire your first employee? This important milestone requires a lot of thought and preparation. If you are in a situation where your business needs additional help, you’re feeling overwhelmed as a business owner, or feel like your business is in need of new fresh ideas, hiring an employee may be the best solution.
We are pleased to welcome Jeremy Calva as our new chief financial officer. He will oversee Rivermark’s finance, accounting, risk, and internal audit areas. Calva brings over 20 years of financial service experience to Rivermark.
This year's annual charity golf tournament was a huge success! We raised more than $70,000 for the Rivermark Community Fund, which supports nonprofit housing organizations in the areas we serve.
Credit Unions for Kids — a nonprofit collaboration of credit unions and business partners from across the country — has pledged $5 million to create a new hybrid operating suite at OHSU Doernbecher Children’s Hospital. The expansion supports Doernbecher’s delivery of the most innovative, life-saving pediatric cardiac care in the region.
Contemplating a shift from renting to owning your home? This decision, likely one of the largest you'll make in life, requires careful consideration of your lifestyle, budget, and long-term goals. From evaluating the pros and cons of homeownership to understanding the financial implications, it's crucial to ask the right questions to illuminate your path forward.
In June 2023, the Oregon DMV confirmed they were part of a global hack of the file transfer tool called MOVEit. An estimated 3.5 million driver’s license and identification card files were compromised If you have an active Oregon driver's license, permit, or ID card, you should assume your personal information was exposed. No Rivermark information has been compromised. However, some of your personal data could be at risk.
If you already have a 401(k), IRA or other retirement account, congratulations! You’ve taken a huge step to securing tomorrow for “future you.” But what do you do with the money once you’ve contributed it to your plan, or put it into your account? If you want it to grow, you’ll need to put it to work — or invest it — and there are two basic ways to do that.
With college costs soaring – and student loans readily available – it’s easy for young adults to graduate without understanding exactly how much they’ve borrowed or what their projected loan payments might be. Borrowing isn’t a bad thing. It’s when you borrow too much, and get in over your head with student debt, that things can get hairy. Here’s a look at what you need to consider when it comes to paying for college costs.
When you embark on the search for a new home, you may think you know the steps to take: Read the listings, visit some open houses, sign on with a Realtor, make an offer. In fact, there’s a biggie missing from that list — a step as important financially as the house you decide to buy itself: Get a mortgage.