Financial Education Center

A Focus on Retirement Plan Fiduciary Responsibility

Over time, there has been an increased focus on fiduciary responsibility. Why? Defined contribution plans, such as 401(k) plans that were originally designed to supplement traditional defined benefit pension plans or other employer-funded plans, have become the primary retirement savings vehicle for most Americans. Professionals at First Bank have extensive knowledge and experience of fiduciary issues. As such, we are in a unique position to assist plan sponsors.

First Bank's Tribute to Those Who Served

First Bank is a proud sponsor of the Greater St. Louis Honor Flight (GSLHF) program. Since 2014, First Bank has partnered with the Greater St. Louis Honor Flight and the St. Louis Blues for “First Bank’s Tribute to Those Who Served.” The Greater St. Louis Honor Flight honors our veterans by providing a complimentary, all-inclusive trip to Washington, D.C., to visit the memorials built to commemorate their service to our country.

First Bank is Rethinking Corporate Philanthropy with Long-Term St. Louis Partnerships, Next Gen Programs

At First Bank, we envision a future where our time, attention and charitable funding collectively help shape a more positive future for generations to come. First Bank is passionate about supporting educational options for all young people, but especially those from historically disadvantaged communities.

Research: Diversification, legacy issue top family business concerns

The author discusses how running a business and a family unit with an eye toward diversification is the best way to ensure a family’s legacy and, ultimately, the enjoyment of the fruits of the family’s labor for generations to come.

Yes, Banks Are the Safest Place for Your Money: Find Out More About FDIC Insurance

If you’ve watched the news or scrolled through your social media feed recently, you’ve probably heard the buzz regarding “Federal Deposit Insurance Corporation, or FDIC Insurance” and its importance in both good and not-ideal economic conditions.

Our Story: The Center for Family-Owned Businesses

As a multi-generational, family-owned business, we’ve gained first-hand knowledge and experience in addressing the unique challenges family businesses encounter as well as recognizing the importance of stability, progression, and long-term perspective.