The holiday season is often thought to be the happiest time of the year. Unfortunately, during the holidays, many criminals see the hustle and bustle of the season as an opportunity to trick you into unknowingly providing your bank account information and/or personal data. To ensure you don’t let bad actors ruin your holiday fun, First Bank is providing six tips to keep in mind this season.
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.
Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.
If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.
Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there's no foolproof way to handle the ups and downs of the stock market, the following coping strategies may help.
This article is designed to broadly discuss investment return taxation, while covering a range of topics, including the types of income, basis, capital gains and losses, holding periods, taxable income considerations, and the strategic use of capital losses.
If you’re just starting out in the world of banking, it can be very overwhelming. Let’s run through some commonly asked questions as you enter adulthood and transition to a better way of banking.