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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Despite the evolution of electronic banking and payment systems, check fraud remains a persistent and costly problem for business owners.
During a six-month period in 2023, FinCEN (Financial Crimes Enforcement Network, a division of the U.S. Treasury) received over 15,000 reports of mail theft-related check fraud totaling over $688 million1. Mitek, ...
When you change jobs, one of the key financial decisions you'll face is what to do with your 401(k) from your previous employer. You have four options: leave it where it is, roll it over into an Individual Retirement Account (IRA), cash it out, or roll over the assets into ...
Ready to start your holiday spending? Follow these five simple tips to stay on track with your expenses:
Start with a list. Make a list of the people you want to purchase a gift for. Then, make a second list of your other planned holiday expenses — gas, hotel stays, ...
First Mid is honored to recognize Eric Rahlfs, Financial Advisor with First Mid Wealth Management in Carmi, IL, as our Volunteer Spotlight for November 2024. Eric is committed to supporting local community organizations through volunteerism, consistently demonstrating our core values.
What causes are you passionate about supporting through volunteerism? Through my ...
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