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July 2021 Economic Update

Posted On: July 6, 2021 by First Option Bank in: Financial Wellness, Investment Services, News

In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. Monthly Economic Update Presented by First Option Financial Services, July 2021 U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but the Standard & Poor’s 500 Index rose 2.22 percent. The Nasdaq Composite led, gaining 5.49 percent.1   Inflation Report The May Consumer Price Index came in above expectations. Prices increased by 5 percent for the year-over-year period—the fastest rate in nearly 13 years. Despite the surprise, markets rallied on the news, sending the S&P 500 to a new record close and the technology-heavy Nasdaq Composite higher.2   Fed Pivot The Fed indicated that two interest rate hikes in 2023 were likely, despite
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Economic Update

July 2021 Economic Update

Posted On: July 6, 2021 by First Option Bank in: Financial Wellness, Investment Services, News

In this month’s recap: Stocks moved higher as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.

Monthly Economic Update

Presented by First Option Financial Services, July 2021


U.S. Markets

Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy.

The Dow Jones Industrial Average slipped 0.07 percent,...

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Tags: Economic Update, First Option Financial Services

Amazon Prime Day Safe Shopping Tips

Amazon Prime Day Safe Shopping Tips

Posted On: June 21, 2021 by First Option Bank in: Tips & Tricks

With so many people shopping during Amazon's Prime Day, hackers and scammers will see this two-day shopping event as a major opportunity to do damage. Between fake checkout pages, phishing sites and scam emails, there are plenty of ways a cyber-criminal can ruin your Prime Day fun.

 

Malicious Sites & Domain Registrations 

A website called Check Point says in the past 30 days there were over 2,300 newly registered domains containing the words “Amazon”...

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Tags: Phishing, Prime Day, Security, Tips & Tricks

Visa 2020 Olympics

Visa 2020 Olympic Games Tokyo 2020 Sweepstakes

Posted On: June 15, 2021 by First Option Bank in: News

You could score $10,000 and a chance to virtually meet Olympic Games hopeful Noah Lyles, courtesy of Visa! When you pay with your First Option Bank Visa card, or any other Visa, from 6/15/21-8/15/21, you’ll be entered for a chance to win. Get a bonus entry when you tap to pay with a Visa contactless card or device.
Prize Packages: Gold: $10,000 + Team Visa Gift Box + Virtual Meet & Greet Silver: $5,000 + Team Visa Gift Box Bronze: $1,000 + Team Visa Gift...
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Tags: Visa, Visa Olympic Games Sweepstakes

June 2021 Economic Update

June 2021 Economic Update

Posted On: June 4, 2021 by First Option Bank in: Financial Wellness, General, Investment Services, News, Tips & Tricks

In this month’s recap: Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure.

Monthly Economic Update
 

Presented by First Option Financial Services, June 2021
 

U.S. Markets

Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure.

The Dow Jones Industrial Average gained 1.93 percent...

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Tags: Economic Update, First Option Financial Services

On-Site Vaccination Clinic Toolkit

On-Site Vaccination Clinic Toolkit

Posted On: June 3, 2021 by First Option Bank in: News

Today the SBA released the On-Site Vaccination Clinic Toolkit. The information can be found below or by clicking her for a PDF copy.

This information is to help small businesses partner directly with local vaccine providers to continue to make vaccinations more convenient and accessible in their communities.  

Businesses that participate in this all-hands on deck effort by allowing their employees time to get vaccinated will be eligible for a tax credit.

This...

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Tags: COVID-19, Vaccination Clinic Toolkit

Homeownership

How Can I Prepare for Homeownership?

Posted On: June 2, 2021 by First Option Bank in: Financial Wellness, Loans

Deciding to buy a home is a huge milestone itself, but the actual mortgage application process that follows can be overwhelming. Since buying a home can be one of the most expensive decisions you’ll ever make, it’s important to prepare yourself before you dive into the process. Everyone’s journey to homeownership is different, but they are some common things that every homebuyer should prepare for before they jump in. Here are some areas to start:

The many steps...
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Tags: Financial Education, Financial Wellness, Homeownership

Market Insights with Mike

Market Insights with Mike | May 28, 2021

Posted On: May 28, 2021 by First Option Bank in: Investment Services, News

 

Tags: First Option Financial Services, Investments, Market Insights with Mike, Market Update, Mike McCauley

Market Insights with Mike

Market Insights with Mike | May 14, 2021

Posted On: May 14, 2021 by First Option Bank in: Investment Services, News

 

Tags: First Option Financial Services, Investments, Market Insights with Mike, Market Update, Mike McCauley

Market Insights with Mike

Market Insights with Mike | May 7, 2021

Posted On: May 7, 2021 by First Option Bank in: Investment Services, News

 

Tags: First Option Financial Services, Investments, Market Insights with Mike, Market Update, Mike McCauley

May 2021 Economic Update

May 2021 Economic Update

Posted On: May 1, 2021 by First Option Bank in: Financial Wellness, General, Investment Services, News, Tips & Tricks

In this month’s recap: Stocks notched a solid gain, fueled by a succession of positive economic reports and a strong start to the first-quarter earnings season.

Monthly Economic Update
 

Presented by First Option Financial Services, May 2021
 

U.S. Markets

A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street.

The...

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Tags: Economic Update, First Option Financial Services

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