Financial Education Center

Casting Your Vote: 8 Decision-Making Techniques to Minimize Conflict

This article discusses how family members can use various voting methods for a fair decision-making process. Depending on your specific needs, the voting techniques outlined may be used independently or together.

What Is Compound Interest and How Can I Earn It?

You might have heard of the term compound interest before and the benefits it can have on your finances. A compound interest account is any account that pays you interest on your principal and interest, not just your original deposit.

Business Requirements for Filing Beneficial Ownership with the Financial Crimes Enforcement Network (FinCEN)

The Financial Crimes Enforcement Network has implemented a new regulation under the Corporate Transparency Act that requires certain businesses to file Beneficial Ownership Information by January 1, 2025. This mandate aims to enhance transparency and combat illicit activities, such as money laundering and fraud, by creating a federal database of beneficial owners.

First Bank and Greater St. Louis Honor Flight Celebrate Veterans Day

For 10 years, First Bank and Greater St. Louis Honor Flight have come together to share the incredible stories of St. Louis Veterans. It has been a remarkable privilege to tell these stories. We’re thankful for 10 years of conversation, and we look forward to where this story goes next. Learn more about First Bank's partnership with Greater St. Louis Honor Flight.

The Fed Finally Cut Interest Rates. What Could It Mean for Your Finances?

The Federal Reserve's Federal Open Market Committee (FOMC) lowered the benchmark federal funds rate one-half percentage point. It was the first rate cut since the Fed raised the funds rate aggressively from March 2022 to July 2023. The long-awaited policy shift suggests that a soft landing — the rare feat of bringing down inflation without causing a recession — is in sight.

The Greatest Threat to Success and How to Avoid It

The article, “The Greatest Threat to Success and How to Avoid It,” written by Dr. Marshall Goldsmith, Ph.D., and originally published on marshallgoldsmith.com, discusses how one of the biggest threats to success can often be not admitting that everyone, even top Chief Executive Officers (CEOs), need help. The author assures readers that accepting help makes a significant, positive difference for all of us.