Financial Education Center

Here's Why Family Businesses Need Branding

The article, “Here’s Why Family Businesses Need Branding,” written by Kimberly Eddleston, Schulze Distinguished Professor of Entrepreneurship, D'Amore-McKim School of Business Northeastern University, and originally published on FamilyBusiness.org, shares that the brand of a family business is more than a logo and marketing elements, but instead it’s the organization’s reputation.

Three Optimistic Findings From First Bank’s 2024 Family Business Survey

To stay apprised of the specific needs and challenges of family businesses, we again commissioned the expert assistance of market research firm MacKenzie Corporation, a second-generation family business in Orange County, California, to conduct our 2024 Family Business Survey. Read more about three optimistic findings from this year's results.

First Bank Doubles Down on Its Roots with State-of-the-Art Headquarters Designed for Exceptional Client and Employee Engagement

First Bank celebrates the grand opening of its new headquarters in Creve Coeur, located just down the road from where the company got started in 1906. While the location furthers the bank’s history in, and commitment to, St. Louis, the building itself is thoroughly modern in its appearance and how it was designed for changing client expectations and employee work patterns.

What Is Tax-Loss Harvesting and How Can It Benefit Savvy Investors?

Tax-loss harvesting is a sophisticated tax strategy used by investors to capitalize on the potential benefits of losses in their investment portfolios. It involves a systematic approach to selling underperforming investments to offset realized capital gains, thereby reducing taxable income.

A New Beacon is Illuminating the Path to Success: Employee Satisfaction and Engagement

In the dynamic landscape of family businesses, where tradition meets innovation, leaders are continually adapting to shifting priorities to maintain their competitive edge. As we stride into 2024, it's evident that beyond the perennial focus on sales, marketing, and growth, a new beacon is illuminating the path to success: employee satisfaction and engagement.

5 Smart Ways to Use Your Tax Refund

Did you receive a tax refund this year? Recent data released by the Internal Revenue Service (IRS) shows the average tax refund amount is up $178 at the end of March 2024 compared to the same time last year.