Asian American Pacific Islander Heritage Month Spotlight: Daniel Hong In May, we celebrate Asian American Pacific Islander (AAPI) Heritage Month by recognizing and celebrating some of FirstBank’s Asian, Asian American, and Pacific Islander employees. Today, we’re featuring Daniel Hong, Learning Design Specialist. Hometown: Arvada, CO Years at FirstBank: 3 years Other positions held with organizations/boards: 1. In three to four sentences, describe your experience… Read More
Asian American Pacific Islander Heritage Month Spotlight: Hong Nguyen In May, we celebrate Asian American Pacific Islander (AAPI) Heritage Month by recognizing and celebrating some of FirstBank’s Asian, Asian American, and Pacific Islander employees. Today, we’re featuring Hong Nguyen, Southwest Assistant Vice President. Home country: Vietnam Years at FirstBank: 3.5 years 1. In three to four sentences, describe your experience in getting to where… Read More
¿Te negaron un préstamo comercial? Esto es lo que puedes hacer ahora Si te negaron un préstamo comercial, no te preocupes — no eres el único. Casi el 20%^ de las solicitudes de préstamos para pequeños negocios son rechazadas, muchas veces por razones como un historial de crédito limitado. Aunque recibir una negativa puede parecer un obstáculo, también es una oportunidad para fortalecer tu negocio. Aquí te… Read More
Denied a Business Loan? Here’s What You Should Do Next If you were denied during the business loan process, don’t panic — you’re not the only one. Nearly 20% of all small business loan applications are rejected due to several factors, like insufficient business or personal credit history. While being denied may seem like a setback, it’s an opportunity to set your business up for… Read More
3 Things You Should Know About Business Lending Fraud When applying for small business loans, it’s important to thoroughly examine your options to ensure they are safe and legitimate. A LexisNexis© report found that small business lending fraud increased by 13.6% year-over-year, with 64% of respondents anticipating the problem worsening each year. As lending fraud becomes more common, business owners should learn how to… Read More
3 Tips for Navigating the Evolving Business Landscape New business opportunities are emerging in the wake of the so-called Silver Wave or “Silver Tsunami,” each referring to the mass retirement of baby boomers — individuals born between 1946 and 1964. With, 53% of business owners planning to sell or transfer business ownership within the next decade, this societal shift is creating new opportunities… Read More
Beware of Text Messages or Calls Appearing from Your Bank The scam. Over the years, there have been a growing number of “spoofing” attempts being made in the financial industry, including on FirstBank customers. Fraudsters are using falsified caller ID numbers — or what appears to be legitimate text messages — to trick FirstBank customers into providing sensitive information. These scammers act as bank representatives… Read More
Money Mule Scams Are on the Rise: Here’s What You Need to Know Did you know social media has become a major playground for money mule scams resulting in a $1.4 billion loss? Money mule scams are a way for criminals to conceal the source of their funds, typically garnered through illegal activities like fraud, identity theft, drug trafficking, and more. One common tactic is recruiting people to… Read More
When Tragedy Strikes, FirstBank Shows Up During some of the most life-changing events, it’s the small gestures that help lift weight of the world off your shoulders — even if it’s only temporary. See how FirstBank set out to make an impact by helping a customer in need with an “Act of Goodness.” The incident. Monday, February 17, was the day… Read More
6 Things You Can Do to Protect Your Business from Check Fraud Did you know 63% of organizations experience check fraud? According to an AFP® Payments Fraud and Control Report, checks are considered the most vulnerable payment methods susceptible to fraud. That’s because checks contain significant sensitive personal information like bank account and routing numbers, physical addresses, and signatures. While checks are clearly the most susceptible to… Read More