Archive: Blog Articles

Public Financing through First Mid

Getting a loan for a new car is a pretty straight-forward process. But what if you’re with a unit of local government that needs to finance a fire truck or other equipment? That’s a specialized form of commercial lending, and it’s not always simple. Public entities obtain financing via unique methods, more

7 Tips to Prevent Tax ID Fraud

As the 2019 tax season gets underway, the American Bankers Association is urging all bank customers to take extra precaution when filing their return to prevent their exposure to tax fraud. “Fraudsters are using very clever tactics to get a hold of your personal information and submit false tax claims,” said 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 recommendations from First Mid Insurance Group more

A Solution to Cash Flow for Your Business

Managing a business in today’s environment isn’t easy, and growing a business can be even more challenging. Having cash flow helps make it possible. If you recognize the value of having your customers pay in cash at the time of service, then an Accounts Receivable Line of Credit and having more

Are You Keeping Up with Your Financial Fitness?

As important as it is to monitor your health, it’s also beneficial to keep up with your financial fitness. Your financial fitness determines how much your financial status impacts your day-to-day life, how on track you are towards achieving your financial goals, and if you’re able to cover emergency situations. more

New Year Goal: Set Yourself Up for Financial Success

Although you can make resolutions at any time of the year, the beginning of the year is always a popular time to do so. The idea of starting the new year off on the right foot and having a new beginning is very appealing to most, and can serve as more

How to Winterize Your Home

Taking proper precautions against winter conditions is an important step for homeowners to take. Not only will you be able to enjoy the snow with your loved ones, but you’ll also have the peace of mind knowing that your home is protected from any disasters that winter may throw your more

Are you ready to become a homeowner?

So you want to buy your first home... If you're a first-time buyer, there are many things that are important to understand before you jump into the process of purchasing a home.   You struggle to pay your rent. Can you really buy a house? It's possible that buying will be cheaper than renting. more

Why Long Term Care Insurance is so Vital for People of All Ages

People generally understand the need for life insurance. Nobody wants to leave their family without support or to burden their loved ones with their final expenses. But what about long-term care insurance? For some reason, many people feel reluctant to think about the likelihood of needing a long-term care facility more

SBA Loans

Helping people achieve their dreams. What are you passionate about? Pizza? Flowers? Pets? First Mid Bank & Trust of Decatur Community President, John West, is passionate about Small Business Administration loans and because of SBA lending he has been able to help people achieve their dreams of owning businesses. “First Mid’s goal is more