Financial Education Center

Effective Board Governance: Ensuring Longevity and Multigenerational Success

In the landscape of privately held, family-owned businesses, strong and effective board governance is crucial for ensuring sustained success and multigenerational continuity. A well-designed board framework not only provides necessary oversight but also serves as a valuable source of guidance and independent perspective to ensure accountability, foster long-term value creation, and protect the legacy of the family enterprise.

Community Banks Are Vital for U.S. Communities

Community banks fuel local economies by supporting small businesses with personalized service and flexible lending. Learn why their decline matters and how First Bank is making a difference.

Balancing AI Innovation and Cybersecurity: Risks, Controls, and Best Practices

The financial industry, like many others, is cautiously embracing the rapid advancements in artificial intelligence (AI). Organizations are exploring how AI can enhance customer experience, boost employee productivity, streamline data analysis, automate workflows, and support a wide range of use cases.

Three Homeowner Benefits You Can’t Get While Renting

With increasing rent prices, purchasing a home has become an appealing option for many. Here are some benefits of homeownership that renting doesn't provide.

Navigating AI: Opportunities, Risks, and How Businesses Are Responding

Companies of all sizes are exploring how to best leverage AI within their organizations. From enhancing front-office operations to streamlining back-office functions, AI presents significant opportunities for innovation and efficiency. Most businesses are wisely starting small, ensuring that human oversight remains in place as they explore AI’s capabilities.

Captive Insurance: A Smarter Way to Take Control of Rising Costs

In a rising cost environment, companies are seeking innovative ways to manage their insurance costs. One approach gaining traction is the establishment of a captive insurance company. This method offers a tailored approach for organizations to gain greater control, insights into fee transparency, and the potential to reduce long-term insurance costs.