Skip to Content
Close Icon

General

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...

Read More

Tags: Economic Update, First Option Financial Services

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...

Read More

Tags: Economic Update, First Option Financial Services

Piggy Bank Scavenger Hunt

Piggy Bank Scavenger Hunt 2021

Posted On: April 22, 2021 by First Option Bank in: Branch Highlights, Community Commitment, General, News

Be on the lookout April 26 through April 30! Our First Option Bank piggy banks are on the move!

Each day, Monday through Friday, one of our pigs will be hanging out near a well-known landmark or organization in our communities. A clue to the location will be posted ONLY on our Facebook page (click here to "like" us). If you’re lucky, you’ll find a piggy and be able to claim the prize! 

If you found a piggy, here's what to do next:

Take...

Read More

Tags: Community, Community Bank Week, Piggy Bank, Piggy Bank Scavenger Hunt

Community Bank Week

Community Bank Week 2021

Posted On: April 5, 2021 by First Option Bank in: Branch Highlights, Community Commitment, General, News

We believe the quintessential ingredient that makes community banking special is "relationships". As your community bank, we are celebrating what makes our community great April 26 - 30, 2021. Stop by and help us honor the people, farms, businesses and families that give us our local strength. Find out how our "ingredients" can feed into your plans and support you in every stage of life.

Customer Appreciation
Stop in our branches anytime during our Community Bank Week celebration,...

Read More

Tags: Community Bank Week

Economic Update

April 2021 Economic Update

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

In this month’s recap: Stocks posted solid gains due to improving economic conditions and widening vaccination programs. However, tech and high-growth stocks played a limited role in the rally.

Monthly Economic Update
 

Presented by First Option Financial Services, April 2021

 

U.S. Markets

Improved economic conditions and broadened vaccine programs ignited a...

Read More

Tags: Economic Update, First Option Financial Services

Economic Update

March 2021 Economic Update

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

In this month’s recap: The burgeoning economic recovery and decreasing number of COVID-19 infections lifted stocks.

Monthly Economic Update
 

Presented by First Option Financial Services, March 2021

 

U.S. Markets

Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections.

The Dow Jones Industrial...

Read More

Tags: Economic Update, First Option Financial Services

5 Ways to Teach Kids How to Save at Home

5 Ways to Teach Kids How to Save at Home

Posted On: February 26, 2021 by First Option Bank in: Financial Wellness, General, Tips & Tricks

It's America Saves week - and we're looking at a taboo topic: talking about money as a family.

Do you want to instill a positive mindset around saving in your kids? Start them young! The earlier you have a positive mindset around saving, the easier it is to save successfully as an adult.

Have older kids? Don't worry! It's never too late to start. Start with the small things they can do around the house that will contribute to saving as a family.  Read More

Tags: America Saves Week, Saving as a Family, Savings, Teach Kids to Save, Tips & Tricks

Paying Down Debt

Paying Down Debt is Saving

Posted On: February 25, 2021 by First Option Bank in: Financial Wellness, General, Tips & Tricks

It's America Saves Week and our friends at America Saves firmly believe that paying down debit is saving and so do we!

By reducing debt you're saving on interest, late fees, and maintaining/increasing your credit score.

Read More on how with planning and support almost anyone can reduce their debts and start to accumulate wealth through saving.

Read More

Tags: America Saves Week, Debt, Debt Management, Paying Down Debt, Reduce Debt

Saving for Retirement

Questions to Ask When Saving for Retirement

Posted On: February 24, 2021 by First Option Bank in: Financial Wellness, General, News, Tips & Tricks

During America Saves week we're looking at tips on how to save for retirement.

Even if you're contributing to your 401K, TSP or IRA - have you asked yourself all the right questions to ensure you're saving ENOUGH for retirement?

What type of lifestyle do I want to live when I retire? Is what I'm contributing toward my retirement enough to support how I want to live in retirement? What is my complete retirement plan? Should I be saving enough for myself...
Read More

Tags: America Saves Week, Retirement, Saving for Retirement, Savings

Emergency Fund

38 Reasons You Need At Least a $500 Emergency Fund

Posted On: February 23, 2021 by First Option Bank in: Banking, Financial Wellness, General, News, Tips & Tricks

During America Saves Week we're taking a look at why you need an emergency fund.

Recently the Federal reserve noted that almost half of Americans don't have $400 cash available in an emergency fund. 

As our country continues to recover from the health and financial crisis, there are many other reasons to ensure that you save for the unexpected, both big and small.

Click Here to see all 38 reasons why you need at least $500 in Savings on...

Read More

Tags: America Saves Week, Emergency Fund, Emergency Savings

Select Online Account