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.
Stocks were able to weather the storm of events that occurred throughout January, despite investors having numerous reasons to move away from equities.
Undoubtedly, 2020 will go down in history as a record setting year, but also as one of, if not the most, hated and devastating year in modern time.
Most Americans will eventually receive Social Security and Medicare benefits. Each year, the Trustees of the Social Security and Medicare Trust Funds release lengthy reports to Congress that assess the health of these important programs.
Saving for retirement is not easy, but using your retirement savings wisely can be just as challenging.
As always, First Bank is committed to providing the secure financial products and services our clients need in the communities in which we serve.
With so much already on their already full schedule, it can often be overlooked that teenagers should also learn fundamental financial skills, like budgeting and managing their own high school student checking account.