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Archive: Blog Articles

Medicare Annual Enrollment Period: Are You Ready?

This year’s Medicare annual enrollment period runs from October 15 to December 7. During annual enrollment, you will need to decide if your current Medicare health plans and prescription drug coverage still meet your needs or decide if you have to make changes for the following year. There is a lot ...read more

Cyber Risk Insurance

Does your business worry about Cyber Risk? There’s insurance for that. Businesses should be careful about all aspects of protection, but, in the last three years, cyber risk has seen the largest percentage increase in claims – more than any other type of coverage. As our world becomes more reliant on ...read more

Stuck Dreaming About Your Dream Home?

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

We Have Farmers in Mind

Whether you need a loan for this year's crop or need help managing farm property, we have an experienced team of ag professionals you can turn to. Ag Business Our experienced farm managers see that the client's property is managed in an efficient manner, keeping the farm's ownership goals in mind. Our ...read more

How Much Can an IRA Save You on Taxes?

Don’t forget: The deadline to file your 2019 federal income tax return is April 15, 2020. If you’re looking for a last minute way to reduce your 2019 taxes, contributing to an Individual Retirement Account (IRA) may be an option for you. Anyone who has earned income, or has a spouse ...read more

Give the Gift of Education this Holiday Season

With the price of a college education in the U.S. consistently rising, it’s never been more important to start planning ahead. By getting an early start with a 529 College Savings Plan, you can help your child or grandchild prepare for rising tuition costs. A 529 savings plan is a valuable ...read more

First Mid Ag Services Now Has Six Regional Offices

Longtime recipients of Midwest Farmowner, a newsletter published by First Mid Ag Services, have been familiar with our staff and offices in Bloomington, Decatur, Kankakee, Peoria and Springfield, previously Soy Capital Ag Services offices. With the recent transition to First Mid Ag Services, we have added another regional Ag Services ...read more

Ag Lending with Farmers in Mind

How often do you think about the food on the table? Not just how tasty it is, but the work that truly goes into producing your favorite meal. Spoiler alert! It takes the hard work and dedication of a team of people ranging from the tireless farmer to the expert ...read more

Fall Back Into Financial Success

The holiday season and the end of year will be here before you know it! If you’ve taken a couple detours that have prevented you from reaching your financial goals, fall is a great time to get yourself back on track. Review Your Spending Spent more than you should have this past ...read more

College 101: Building Healthy Financial Habits

Whether you’re a freshman or senior in college, it’s important to build healthy financial habits early on before heading into the ‘real world.’ Here are some tips to keep in mind when it comes to managing your finances while in college. Get in the Habit of Keeping a Budget If you have ...read more