FirstBank Finances Affordable Workforce Condos in Glenwood Springs December 10, 2024 While several affordable housing projects are in development, demand continues to grow. Habitat for Humanity Roaring Fork Valley (RFV) is committed to stabilizing the local workforce and helping essential workers build wealth through homeownership. That’s why Habitat RFV is partnering with FirstBank to convert the L3 Apartment Complex in Glenwood Springs, CO, to several ownership… Read More
How Instant Payments Can Offer Quicker Access to Your Money December 2, 2024 FirstBank is excited to introduce Instant Payments, which makes funds immediately available and reduces cash flow challenges present with other payment methods. What are Instant Payments? Instant Payments are electronic funds transfers (EFTs) that can help you move money into a business or consumer account within seconds and can be immediately accessed. These payments are… Read More
8 Ways to Save Money on Groceries January 14, 2025 While inflation has become a household name due to its frequency in the news, food prices have long been affected by drastic events, including weather, disease, war, and supply chain disruptions. To help keep your pantry stocked in the face of inflation, here are some tips to spend less and save more. 1. Know which… Read More
Unlock Tax Savings: How a 1031 Exchange Can Transform Your Real Estate Strategy January 14, 2025 According to the Federation of Exchange Accommodators, an estimated $100 billion worth of real estate assets were exchanged through 1031 Exchanges in 2019. While this figure can vary each year depending on the economy, it’s apparent why so many real estate investors and businesses are taking advantage of this tax incentive. Here’s what you need… Read More
College is a Financial Investment: Here Are 5 Ways to Save January 9, 2025 There are many factors to consider when making the decision to pursue higher education. From tuition prices, available scholarships or financing to finding the right school; there is no one-size-fits-all solution. By being realistic about your goals and planning ahead, you can make a decision that is both affordable and can help further your desired… Read More
6 Tips for Protecting Your Accounts Online January 9, 2025 Accessing personal information online, especially your bank account, can be risky. According to a Statista report, the estimated annual cost of U.S. cybercrime in 2024 was $452.3 billion. That’s why using as many security features and fraud prevention resources as possible is important. Here are six ways you can protect your personal information and accounts online.… Read More
6 Tips for Building an Emergency Fund January 7, 2025 We’ve all experienced some sort of financial emergency, whether it’s car trouble or an unexpected vet bill. But having extra funds set aside makes all the difference. Did you know that 68% of people believe they would be unable to cover their essential living expenses for a month if they were to lose their primary… Read More
4 Things You Should Consider When Setting New Year Goals December 31, 2024 The beginning of each year is a blank canvas to paint new career goals or personal resolutions, whether it’s purchasing your first home, booking international trips, or taming an online shopping addiction. According to Forbes Health/One Poll, 38% of New Year’s resolutions are focused on improving finances. Here are some trends anticipated to make a… Read More
4 Tips for Navigating the Business Loan Application Process December 19, 2024 59% of small businesses report not having enough capital to grow or sustain their business, according to the Federal Reserve Banks’ Small Business Credit Survey. Moreover, the knowledge gap about small business loans and financing has made it even harder to set your business up for success. While some sources may give new borrowers the… Read More
Colorado Gives Day is easily the best day for giving | December 10, 2024 December 11, 2024 Colorado Gives Day 2024 was Tuesday, December 10, and we’re happy to report a record-breaking day of giving! Over 245,790 donations totaling more than $54.6 million benefited over 4,200 nonprofit organizations. You can help your favorite nonprofits year-round by visiting coloradogives.org. What is Colorado Gives Day? Tuesday, December 10, is Colorado Gives Day, an annual one-day… Read More
8 Financing Programs to Help Minority-Owned Businesses Grow December 6, 2024 Did you know that Black-owned businesses are least likely to receive funding? Comparatively, 40% of white-owned firms received all of the financing they sought, compared to 31% of Asian-owned firms, 20% of Hispanic-owned, and only 13% of Black-owned firms. Fortunately, many organizations and opportunities are working to fix this gap and elevate minority-owned businesses. Here… Read More