If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.
First Bank honored United States Air Force Staff Seargent Richard Connors in the Tribute to Those Who Served at the St. Louis Blues game on April 6, 2023. Richard earned two Purple Hearts as a combat controller in Vietnam. In some of the most dangerous missions and terrifying situations, he lead the way behind enemy lines for other American forces to follow, looking for the enemy, and calling in air strikes. Watch this true American hero’s video that played during the game.
When developing a succession plan for your business, you must make many decisions. Should you sell? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest?
In partnership with MacKenzie Corporation, First Bank’s Center for Family-Owned Businesses surveyed 552 respondents for its “2023 Family Business Survey”.
On this episode of From the Hart podcast, Ed Hart, Director of First Bank’s Center for Family-Owned Businesses, has a conversation with Martha Daniel, Founder and CEO of Orange County, California based Information Management Resources Inc. (IMRI). IMRI is family-owned and operated, and provides cyber security and IT support to the military, several government organizations, and businesses of all sizes all over the country. Ms. Daniel shares her passion for family business, and discusses who has inspired her throughout her life.
The $1.7 trillion appropriations bill passed by Congress at the end of last year included some notable provisions affecting workplace retirement plans and Individual Retirement Accounts (IRAs). Here's an overview of the Act's changes to the complicated rules that govern tax-advantaged retirement accounts.
If you’ve watched the news or scrolled through your social media feed recently, you’ve probably heard the buzz regarding “Federal Deposit Insurance Corporation, or FDIC Insurance” and its importance in both good and not-ideal economic conditions.