Regardless if you’re just starting out, starting over, or are somewhere in between, it’s important to include saving for the future as part of your financial plan. Designed to safeguard your money until you need it, a savings account is a secure place to deposit your money while building up your savings over time.
The author discusses how running a business and a family unit with an eye toward diversification is the best way to ensure a family’s legacy and, ultimately, the enjoyment of the fruits of the family’s labor for generations to come.
Are you nearing retirement? If so, it's likely you'll have many questions about Social Security. Here are a few of the most common questions and answers about Social Security benefits.
Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.
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”.