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.
"They are so open to us working in the communities and helping in any way we can." said Nikol Theberge, Community Home Loan Advisor at First Bank. Learn about the organizations that Nikol volunteers for and how First Bank encourages their employees to get involved in the community.
Are you ready to purchase a home? Is the rising cost of rent impacting your wallet? If so, you’re not alone.
Having a cushion or extra money in the bank does more than cover you when “life happens”, it also give you a sense of control and financial security should an unexpected emergency arise.
It's generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven't given your plan a thorough review within the last 12 months, now may be a good time to do so.
To discuss your retirement planning options, schedule an appointment with a First Bank Wealth Management advisor.
Long-term bonds generally provide higher yields than short-term bonds, because investors demand higher returns to compensate for the risk of lending money over a longer period.