Banking & Financial Education Blog

Team Member Spotlight: Shirley C.

Name: Shirley C. – Officer, Branch Manager

Location: Evanston Central Street

Number of Years in Banking: 26 years in banking (21 years with First Bank & Trust)

Family Members: I was born and raised in Alabama and I come from a very large family. I often go back to Alabama to visit my brother and sister. My husband … Read More ›

New Medicare Cards Are Coming

If you receive Medicare, you will be getting a new Medicare card in the mail. To help prevent fraud and fight identity theft, Medicare is removing Social Security Numbers from Medicare cards. Your new card will have a new Medicare Number that’s unique to you.

When are new cards being mailed?

Medicare will be mailing … Read More ›

Market Month: April 2018

The Markets (as of market close April 30, 2018)

April was marked by the impending tariff war between the United States and China. Tensions between the world’s two largest economies certainly affected stocks both home and abroad. Escalating strife in Syria posed an additional reason for investors to be concerned. However, surging energy stocks lifted … Read More ›

How has tax reform affected the generation-skipping transfer tax?

The Tax Cuts and Jobs Act, signed into law in December 2017, doubled the federal generation-skipping transfer (GST) tax exemption to $11.18 million in 2018 (adjusted for inflation in later years). After 2025, the exemption is scheduled to revert to its pre-2018 level and be cut approximately in half. Otherwise, the federal GST tax … Read More ›

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