Financial Education Center

The Competitive Advantage of Culture in a Family Business

Authors LeCouvie and Rhodes discuss key competitive differentiators, like family values and beliefs, that many family business enterprises enjoy in contrast to their publicly-held counterparts.

Tribute to Soldiers Not Forgotten – Harry Hope

First Bank provided a well-deserved tribute to First Sergeant Harry Hope at the St. Louis Blues game. With a total of 38 years of service in the military, Hope has undeniably served his country well.

Donor-Advised Fund

A donor-advised fund offers an easy way for a donor to make significant charitable gifts over a long period of time. A donor-advised fund is similar to a private foundation but requires less money, time, legal assistance, and administration to establish and maintain. A donor-advised fund also enjoys greater tax advantages than a private foundation.

Charitable Giving

Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die.