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Blue & Gold News

Fraud Education: Customer Impersonation Scam

We’ve all seen articles, social media posts, and newsletters about identity theft. When most people hear the term identity theft, they often think of a fraudster acquiring a person’s Social Security number and other identifying information to open a credit card or obtain a loan in the victim’s name. However, ...read more

Volunteer Spotlight – Katie King

First Mid is honored to recognize Katie King, Farm Manager with First Mid Ag Services in Springfield, IL, as our Volunteer Spotlight for February 2025. Katie is committed to supporting local community organizations through volunteerism, consistently demonstrating our core values. What causes are you passionate about supporting through volunteerism? I am ...read more

Are You Financially Prepared to Purchase a Home?

Purchasing a home is an exciting milestone but requires careful financial preparation. Here are seven essential steps to ensure you're financially ready for this significant investment. 1. Create a BudgetThe first step in preparing to buy a home is establishing a realistic budget. Consider all potential expenses, including the mortgage, insurance, ...read more

Volunteer Spotlight – Samantha Lewis

First Mid is honored to recognize Samantha Lewis, Merchant Financing Specialist, as our Volunteer Spotlight for January 2025. Samantha is committed to supporting local community organizations through volunteerism, consistently demonstrating our core values. What causes are you passionate about supporting through volunteerism? I’m passionate about supporting causes that uplift individuals in ...read more

Volunteer Spotlight – Austin Frank

First Mid is honored to recognize Austin Frank, Director of Investor Relations, as our Volunteer Spotlight for December 2024. Austin is committed to supporting local community organizations through volunteerism, consistently demonstrating our core values. What causes are you passionate about supporting through volunteerism? I’m passionate about supporting causes that focus on ...read more

Year-End Gifting Strategies: Charitable Gifts and Qualified Charitable Distributions

As the year draws to a close, many individuals begin to reflect on their financial decisions and charitable intentions. One effective way to make a meaningful impact while also navigating tax implications is through charitable gifting, mainly using Qualified Charitable Distributions (QCDs) in conjunction with Required Minimum Distributions (RMDs). Let’s ...read more

Keep Your Pipes From Freezing

Did you know?Generally, pipes that are exposed to outdoor temperatures freeze more readily, such as hose bibs, swimming pool lines and water sprinkler lines. Pipes that run along exterior walls in the home with minimal insulation also tend to freeze more easily. Use the following tips to prevent frozen pipes from ...read more

Understanding Refinancing: Insights from a First Mid Mortgage Expert

When refinancing your mortgage, navigating the process can be daunting. To shed light on this topic, we interviewed Rachel Oracki, a Mortgage Loan Officer at First Mid in Rockford, IL. Here’s her insightful Q&A on refinancing, covering everything from the basics to the finer details. 1. What is refinancing, and how ...read more

Understanding IRAs and Taxes

Are you saving for the future? Individual retirement accounts are a common way to put money aside for your retirement years. However, do you understand the difference between traditional and Roth IRAs and how these accounts can affect your taxes? Let's break down how IRAs function and how they can ...read more

Pre-Qualification and Mortgage Financing Tips for New Homebuyers

Financing a new home can be daunting… but it doesn’t have to be. First Mid can help. Our mortgage lenders live and work in your community, and are ready to answer your questions.  https://youtu.be/dOjiN8g9L9c To help you prepare for this milestone, we are sharing some helpful tips for first-time homebuyers, so you'll ...read more