Despite 2020 being a challenging year for everyone, First Bank teams continued to support the communities in which we serve in whatever manner possible. Although our volunteer efforts looked a little different than normal due to the pandemic, our charitable giving amounts still demonstrated our strong commitment. Learn more about our initiatives that support the people and the businesses in our communities.
Over the past 12 months, we have endured a global pandemic resulting in numerous deaths and hospitalizations, mass layoffs, a sinking economy, and a contentious presidential election. Our lives and lifestyles changed, where working and learning from home became the "new normal," and in- person communication was replaced by virtual meetings. In short, 2020 was a very memorable year that tested our resolve, patience, and courage.
Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October.
When investing for retirement, you're likely to hear a lot of well-meaning guidance from family, friends, and others offering advice — even the media.
The window of opportunity for many tax-saving moves closes on December 31, so it's important to evaluate your tax situation now, while there's still time to affect your bottom line for the 2020 tax year.
Stocks fell again in October for the second straight month as a combination of rising Covid cases and pre-election anxiety made investors nervous. In addition, hopes for another round of stimulus from Congress faded as politicians couldn’t come to any agreement and talks stalled.
Election Day in the U.S. has come and gone once again and while the full outcome may still be uncertain, one thing we can count on is that plenty of opinions and predictions will be floated in the days ahead surrounding the vote.