What the New $600 IRS Tax Law Means for Zelle Users There have been recent questions and concerns about the American Rescue Plan Act – a new IRS tax law, requiring certain payment networks to report $600 or more in total payments received for goods and services in a calendar year. Our goal is to provide clarity on how this new law may impact individuals and… Read More
Latest Scam Alert: Avoid Puppy Scams Sporting lovable personalities and a willingness to show unconditional love and loyalty, it’s no wonder dogs are a human’s best friend. Unfortunately, fraudsters know this too, and they use a variety of tactics to take advantage of unsuspecting dog lovers looking to purchase a pooch. However, you can avoid scams by following these basic guidelines.… Read More
5 New Year’s Money Resolutions and How to Stick to Them A new year means a new set of resolutions to make and, if you’re like 80 percent of folks out there, to eventually break. But that doesn’t have to be the case. With the right tools, knowledge, and a little bit of persistence, 2022 could be the year you spend less and save more. Today, we’ll… Read More
Latest Scam Alert: Avoid Becoming a Victim of Donation Fraud Unfortunately, when disaster strikes, criminals often use tragedies to exploit those who want to help. Donation fraud can happen at any time and has become even easier to commit because of current technology. With the Marshall and Middle Fork fires in Colorado, FirstBank is here to help protect you from scammers who want to take… Read More
19 Surprising Habits That Could Make You Wealthier, Healthier and Happier “Act as if what you intend in life is already a reality.” Pretty powerful words when you think about it. After all, people that exercise good visualization and habits, usually manage to succeed in the face of failure, according to several scientific studies. This might explain why “faking it till you make it” has some… Read More
Scams are one thing you don’t want to unwrap this holiday season Every day, thousands of people fall victim to phishing scams —fraudulent emails, texts, and calls from scammers. The Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $1.9 billion to these phishing schemes and other fraud in 2019 — and the ongoing pandemic has only increased the threat. Moreover, the online shopping surge during the… Read More
Lunch and Learn: College Savings Account (CSA) or 529 Account Saving for college is an important financial goal, and FirstBank is here to help. We are hosting Lunch and Learns at three Arizona branch locations during the month of October. Representatives from our College Savings Account (CSA) Department will be there to answer questions and provide key information. When and Where: REGISTER HERE for one… Read More
The Do’s and Don’ts of Retirement Preparation The Golden Years of retirement should be a time of rest and relaxation after a lifetime of work, but improper or inadequate retirement planning can mean working longer than expected. In fact, some studies claim that half of Americans are at risk of not having enough for retirement. Knowing the mistakes to avoid and areas… Read More
5 Ways to a Smaller Carbon Footprint Combating climate change has been a hot topic for years, and a 2020 Pew Research poll found that 65 percent of Americans think more needs to be done to address the issue. While a host of legislators, scientists, and other experts debate as to how to best tackle the problem, we as consumers can do… Read More
The Top Financial Takeaways from the COVID Pandemic The COVID-19 pandemic offers us some valuable insights in making our finances more resilient. A few trends have emerged in saving, spending, and investment habits during this time, and today, we’re passing on some of the best lessons we’ve learned.… Read More