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.
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.
With increasing rent prices, purchasing a home has become an appealing option for many. Here are some benefits of homeownership that renting doesn't provide.
John Schweitzer was featured during First Bank's Tribute to Those Who Served at the St. Louis Blues Game on March 24, 2022. He served active duty in the US Air Force during the Vietnam War from 1967 to 1974 and was in the reserves from 1974 to 1985.
The spring home buying season is here. It’s the time of the year that many home buyers start shopping for a new home.
In like a lion, out like a lamb, as the saying goes. In March of 2022, however, the Federal Reserve is flipping that script as it raised the Federal Fund Rate by 25 basis points (0.25%) and, by the end of 2022, potentially raising it an additional seven times, according to recent reports.
“When you have someone tell you that you’ve made a difference in someone else’s life, that’s a feeling that just can’t be replaced” says Tim Randazzo, Creative Director at First Bank. Listen to Tim as he shares his experience with starting his own non-profit and how First Bank encourages and supports his efforts.