Financial Education Center

2023 Family Business Symposium - Leaving a Legacy: What Are the Purposes Your Family Business Serves?

First Bank's Center for Family-Owned Businesses held the Family Business Symposium on October 19-20, 2023. Watch Mike Dierberg's symposium introduction "Leaving a Legacy: What are the Purposes Your Family Business Serves?"

The Progenitor’s Dilemma: Avoiding Entitlement When Transferring Wealth

This article discusses strategies that parents and grandparents may use to help leave a legacy of empowerment and not entitlement with their transfer of wealth.

Family Business Boards – Hidden Challenges and How to Overcome Them

The article discusses five reasons business owners do not create a family business board and five reasons to consider creating one.

Moving a Family Business Beyond the Founder’s Vision

This article discusses how a founding family member establishing and growing a successful business is only the first step. The next generation of leaders need to strategize and reestablish what business they are in, what the goals will be, and how to achieve this new path.

No Matter How You Cookie Cutter It, The Holidays Are Going to Cost More Dough

If Santa season has snuck up on you and you’re not sure how to fund the holiday fun, you’re not alone. First Bank would like to provide a few helpful tips to help you navigate the expense of the holiday merriment.

Don’t Let the Grinch Steal Your Holiday Fun—Or Funds

December brings with it so many additional items to our already busy schedules. From shopping and baking to organizing holiday gatherings and wrapping, there’s a lot on our plates.