When it comes to building a solid financial foundation, one of the core elements is a savings account. A traditional savings account is a great way to keep your money safe, however, consumers are often looking for better ways to grow their money while keeping it secure, often with a high-yield savings account (HYSA).
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.
The spring home buying season is typically one of the busiest times of year to purchase a new home. Here are some tips to help you navigate purchasing a home this spring.
It is important that you properly estimate your tax withholding. If an insufficient amount of taxes is withheld, you may end up owing a substantial sum, including penalties and interest, when you file your tax return.
The First Bank Financial Education Center held a webinar on February 8th, 2022 titled “Don’t Give Cybercriminals the Keys to Your Business”.
Business owners anticipate changes in the future with things like strategic planning, life insurance policies, estate and trust documents, and more. However, what happens when all of this is circumvented by life changing events with family members and key employees?