Financial Education Center

How’s Your Rainy Day Savings Fund?

Having a cushion or extra money in the bank does more than cover you when “life happens”, it also give you a sense of control and financial security should an unexpected emergency arise.

Have You Checked Your Retirement Plan Lately?

It's generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven't given your plan a thorough review within the last 12 months, now may be a good time to do so.

Webinar: Harness the Strength of the Family — Hitch it to a Culture That Drives Results

The First Bank Center for Family-Owned Businesses held a webinar on January 17th about culture with Dr. Allie Taylor and Donna Brighton. Allie and Donna led a conversation to put together the culture conversations from our October and November webinars, and to increase understanding of how to harness the strength of the family system to build an organizational culture that accelerates business results.

Metro Electric Supply: A Bright Light in the St. Louis Community for Over 50 Years

Headquartered in Saint Louis, MO, St. Louis Metro Electric Supply, Inc., a wholesale distributor of electrical supplies and operator of several retail lighting stores, has been providing wholesale electrical and retail lighting solutions since 1967.

The Competitive Advantage of Culture in a Family Business

Authors LeCouvie and Rhodes discuss key competitive differentiators, like family values and beliefs, that many family business enterprises enjoy in contrast to their publicly-held counterparts.

Donor-Advised Fund

A donor-advised fund offers an easy way for a donor to make significant charitable gifts over a long period of time. A donor-advised fund is similar to a private foundation but requires less money, time, legal assistance, and administration to establish and maintain. A donor-advised fund also enjoys greater tax advantages than a private foundation.