Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die.
"First Bank has always been there and always encouraged me to do more," said Kris Allen, Area Manager in Southern CA, as he discusses his involvement in the community to bring about positive changes.
As part of our vision to help family-owned businesses thrive through the generations, First Bank continues to build up products and services to serve this vital segment of the economy. To further help drive this important endeavor, Ed Hart has joined First Bank as the Director of the Center for Family-Owned Businesses.
First Bank is planning a new, state-of-the-art headquarters to be unveiled in the first quarter of 2024, on the same site as its current main office. The build is part of a wider transformation expected to modernize the business, from the inside out.
First Bank, along with the Greater St. Louis Honor Flight, had the pleasure to feature Navy Captain Dale Schaefer in the “Tribute to Those Who Served” at a St. Louis Blues game. Captain Schaefer was active in the military from 1958 – 1963 and then in the reserves for over 25 years. He served on the front lines of the Cold War during the building of the Berlin Wall and the Cuban missile crisis. He flew A3 Bombers and had 199 mission landings.
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.
“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.