Archive: Blog Articles

Safeguarding Your Home & Car

Every insurance agency claims they want to help you protect your family from financial losses. All carriers and agents talk the same talk about catastrophes, chaos, loss, accidents, etc. But not all customers are the same — everyone has different property, needs, and attitudes toward buying insurance. What sets First ...read more

Financing Your Home with a Low Down Payment Mortgage

Buying a home is a landmark decision — but what if you can’t afford a down payment? For some, coming up with the traditional 20% down payment necessary for buying a home can be a challenge based on numerous circumstances. However, low down payment mortgage options from First Mid can ...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? Chris Radzom, SVP, Director of Investment Services for First Mid ...read more

College Money Management Tips

Don't Leave Home without a Basic Student Checking account College life can get busy, so you need to keep your finances easy to manage. Open a Basic Student Checking account online with no minimum deposit and no monthly maintenance fee. Receive a free Visa® debit card and sign up for Online ...read more

Protect Your Family Legacy with Farm Insurance

Your farm is not just your livelihood — it is a family tradition passed down through generations. Are you taking the proper steps to preserve your farm family legacy? In this blog, Alan Martell, Ag Risk Manager at First Mid Insurance Group, breaks down what Farm Insurance is and how ...read more

Do You Need a Home Equity Loan or Line of Credit?

Not sure whether a home equity loan or a home equity line of credit (HELOC) is right for you? Chad Abernathy, Senior Vice President and Regional Lending Manager, and Mike Krueger, Consumer and HELOC Credit Manager, break down the differences between home equity loans and HELOCs. What are home equity loans ...read more

Simple Ways to Teach Your Kids About Money

Teaching kids about the value of money and saving at a young age can help them become financially responsible as they get older. If you're unsure of where to start, here are some simple ideas you can use now to incorporate money lessons into your child's everyday life. Ready, Set, ...read more

Let’s Talk Treasury Management

Understanding the best possible treasury management programs and services for you and your business starts with a consultation with experts in the field. Keri McPherson, Treasury Management Relationship Manager, breaks down the ins and outs of treasury management at First Mid Bank & Trust. What is treasury management?Keri explains, “Treasury Management ...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