Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
As part of our vision to help family-owned businesses thrive through the generations, First Bank continues to build up products and services to serve this vital segment of the economy. To further help drive this important endeavor, Ed Hart has joined First Bank as the Director of the Center for Family-Owned Businesses.
For family businesses, legacy can mean the succession of business and family assets from one generation to the next. In fact, Merriam-Webster defines “legacy” as: a gift by will, especially of money or other personal property, and/or something transmitted by or received from an ancestor or predecessor or from the past.