Financial Education Center

First Bank Announces Retirement of CEO Shelley Seifert

First Bank CEO Shelley Seifert will retire at the end of the year after nine years with First Bank, the bank of choice for family-owned businesses. Mikel Williamson, an industry veteran, will join First Bank as president and her successor.

Adopt Advance Medical Directives for Health Care

At some point in your life, you may become incompetent; that is, lacking the mental capacity to make or communicate responsible health-care decisions for yourself. Without directions to the contrary, medical professionals are generally compelled to make every effort to save and sustain your life.

Developing a Spending Plan

Your spending plan is your active strategy for getting where you want to go. Think of your spending plan as a road map that helps you reach your goals, as well as give you a sense of direction. Your spending plan not only puts you in charge of how your money is being spent on a weekly, monthly, and yearly basis, but it also gives you a sense of control.

Is Your Family Business on LinkedIn®? It Should Be!

Have you heard the saying, “If you’re not on social media, you should be!” before? Social media platforms are a great way to connect with others. LinkedIn® is a great tool for businesses and is used by millions of professionals and companies.

Another Debt Ceiling Game, Just A Different Year

President Biden and House Speaker McCarthy met to discuss raising the statutory limit on U.S. government debt, generally called the debt ceiling. Although both leaders called the discussion "productive," no resolution was reached but their respective negotiating teams continued the discussions.

Saving for College? Consider a 529 Education Savings Plan

It’s no secret that college tuition is expensive and has become more expensive over the years. In fact, a recent study shows that within the last ten years, tuition at private, out-of-state, and in-state universities have all increased significantly.