Debunking Basic Banking Lingo: Terms You Need to Know
POD, APY, DDA.... There are so many acronyms used in the banking industry, it?s no wonder banking feels intimidating to the average consumer! Personal bankers use these acronyms in their everyday vocabulary, but if you?re not from the banking world, they may sound foreign to you. We?re debunking all the basic banking lingo and teaching you how to speak the complex language of banking! So, the next time you walk into a bank and your personal banker starts throwing around one of these acronyms, you?ll know exactly what they?re talking about and will be able to respond with confidence.
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From Teller to CEO with Charles Holland
Do you have dreams of becoming the CEO of a company some day? Ever wondered what it might take to get there? Then you won?t want to miss this episode of our podcast! This week we sat down with Charles Holland, CEO of Farmers State Bank, to hear all about his career journey from bank teller to CEO. As someone who has held almost every position available, Charles gives us an inside view of the different career opportunities within a bank. Not only will you learn about the ups and downs of what a path to CEO might look like, but you?ll walk away feeling inspired to reach for more on your own path toward leadership.
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So, You're Getting Married
Planning your wedding is exciting, but don't forget about the practicalities of marriage, like merging your finances! Allow us to guide you through crucial financial decisions before and after the big day. From changing your last name to navigating joint bank accounts, we've got you covered. Learn about the process of updating your legal documents and explore options for managing finances as a couple. Whether you choose to combine your accounts or keep them separate, communication and trust are key. Join us as we help you build a solid financial foundation for your happily ever after. Congratulations on your upcoming marriage!"
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How to Protect Yourself from Fraud
Did you know fraud happens all the time? Yes, even here in small town southern Illinois! Fraudsters in our area are becoming more and more bold in their efforts and in ways we've never seen before. When it comes to fraud, your community bank can become your greatest wall of defense against some of the examples we will share with you. We will be talking ways to build a relationship with your bank to ensure you'll never be caught in the midst of a fraudulent scandal. Whether it's fraud over the phone, in person, through a stolen check, or online, you'll get the best tips on how to best protect yourself and your finances.
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Taking a Financial Inventory Part 2
We're about to talk about something super important - getting our financial lives together. We know, it sounds a bit boring-ish, but trust us, it's crucial, and it's not as mundane as it sounds. Last week, we chatted about gathering all the necessary documents to tackle our financial future. Now, we're diving even deeper into the nitty-gritty - our bank accounts, investments, insurance policies, and more. Knowing where we stand financially is like unlocking the secret to achieving our money goals. And guess what? It all starts with something called a financial inventory.
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