Certificates of Deposit Education
Posted On: December 15, 2020 by First Option Bank in: Banking, Financial Wellness, Tips & Tricks
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Small Business Financial Statements Education
Posted On: December 3, 2020 by First Option Bank in: Banking, Financial Wellness, Tips & Tricks
This lesson will help you:
Understand the importance of business financial statements Learn how to use income statements, balance sheets, and cash flow statements Explain how business...IRAs Education
Posted On: November 17, 2020 by First Option Bank in: Banking, Financial Wellness, General, Investment Services, Tips & Tricks
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Mobile and Online Banking
Posted On: November 10, 2020 by First Option Bank in: Banking, Financial Wellness, General, Tips & Tricks
Banking Through Uncertainty during COVID-19
Posted On: September 9, 2020 by First Option Bank in: Banking, Financial Wellness, General
Osawatomie Branch Temporarily Closed
Posted On: August 31, 2020 by First Option Bank in: Banking, Branch Highlights, General, News
First Option Bank is saddened to report that an employee of the Osawatomie branch has tested positive for COVID-19. The Osawatomie Lobby will be closed until further notice.
We have been and will continue following all CDC recommended cleaning and sanitizing measures.
We appreciate your patience and understanding as our lobby remains closed to ensure the safety of our employees, families, and the community. First Option Bank encourages following CDC guidelines on social...
What To Know About Economic Relief Payments
Posted On: April 20, 2020 by First Option Bank in: Banking, General, News, Tips & Tricks
In March, the CARES Act – a $2 trillion economic relief package – was signed into law. A provision of the law will provide financial relief to many Americans as a result of the COVID-19 pandemic. Below you will find answers to common questions regarding these economic relief payments.
1. How large a payment will I receive?The CARES Act outlines the parameters of who is eligible to receive a payment. The Internal Revenue Service is the agency responsible for determining...
CARES Act Announced
Posted On: March 31, 2020 by First Option Bank in: Banking, General, Loans, News
First Option Bank will offer SBA 7(a) loans through...
National Consumer Protection Week 2020
Posted On: March 5, 2020 by First Option Bank in: Banking, Financial Wellness, General
The Federal Deposit Insurance Corporation (FDIC) is known for protecting depositors, but we do more to connect with and protect the public. The FDIC was created in 1933 in response to the thousands of bank failures during the Great Depression of the late 1920s and early 1930s. Since the start of FDIC insurance in 1934, no depositor has lost a single cent of insured funds.
What bank products does FDIC Deposit Insurance cover?FDIC deposit insurance enables consumers to confidently...
America Saves Week 2020 | Save as a Family
Posted On: February 29, 2020 by First Option Bank in: Banking, Community Commitment, Financial Wellness, General, Tips & Tricks
The best way to teach great money habits to our...