1 in 7 People Have Unclaimed Property: Here’s What You Need to Know We all know the excitement when you discover forgotten money in an old pair of jeans or jacket pocket. Similar to forgotten money, about one in seven people in the United States have unclaimed property. This refers to any money, assets or property that have not yet been claimed by their rightful owner. Every state… Read More
6 Mobile Banking Alerts to Help Monitor Your Finances A recent American Bankers Association (ABA) survey found mobile banking was the preferred banking method in 2023 according to 60 percent of Millennials, 57 percent of Gen Z and 52 percent of Gen X individuals. With mobile banking’s growing popularity across multiple generations, monitoring your accounts with alerts can help you master your finances. Here… Read More
7 Ways FirstBank Protects Your Money and Personal Information According to IBM, the average data breach costed companies $4.45 million in 2023. With 51 percent of organizations planning to increase incident response testing, threat detection, and more, FirstBank continues to invest in and amplify how we protect your money and personal information. While there are several controls in place, here are seven ways FirstBank… Read More
Demystifying Cryptocurrency: Here’s What You Need to Know Within the last decade, cryptocurrency or “crypto” has become an increasingly popular form of investment. It’s a type of digital currency secured through cryptography and computer networks. Crypto has especially become prevalent among Gen Z and Millennials, with 94% of crypto buyers being 18-40 years old. Here are some things you should know about investing… Read More
Your Guide to Navigating and Budgeting for “Tipflation” Many of us have likely encountered the tipping prompt when grabbing coffee or food from a fast-service counter, offering several gratuity options (e.g. 10%, 20% and 30%). However, these point of service conveniences have also resulted in growing frustrations among consumers known as “tip fatigue” – the increasing pressure and confusion around tipping. Among 30… Read More
Level Up Your Holiday by Shopping Local This Year The holiday season has officially arrived. Whether you invite the entire family or keep it on the smaller side, consider using products from local businesses. Not only will your family be treated to an unmatched meal or experience, but it will also create the ideal occasion for quality family time. Here are some of the… Read More
5 Pitfalls to Avoid When it Comes to Financial Advice on Social Media Social media has an abundance of captivating videos and seemingly reliable advice. But it’s important to exercise caution when applying advice from social platforms. This is especially true with financial content, like GirlMath or cryptocurrency investment hacks, as they can be misleading. According to a recent survey, 79% of millennial and Gen Z Americans have… Read More
4 Year-Round Efforts That Are Good for The Planet and Your Wallet Protecting our planet is a collective responsibility that benefits us all. Though the idea of making these changes may seem overwhelming, even the smallest of actions possess the potential to have significant impacts as time goes on. Be a Conscious Consumer Being a conscious consumer helps to reduce our collective environmental footprint. Conscious consumerism means… Read More
10 Mobile App Features to Help Make Life Easier September 15th marks the 10th anniversary of FirstBank’s mobile app! The year was 2013, and popular apps like Snapchat, Vine, and Candy Crush were taking over the world. As the banking realm followed suit, FirstBank joined the arena by launching the FirstBank Mobile App. Today, the app offers more than just insight to account balances, products,… Read More
4 Ways to Take Advantage of Rising Interest Rates Though rising interest rates come with ambiguous strains on the economy, there are ways to use those price hikes to your advantage. Whether it’s opening a high-interest savings account or transferring credit card balances, we’ve gathered three tips to help you navigate increasing interest rates. Maximize Your Savings Account While inflation has made it hard… Read More