10 Financial Tips for America's Young and Beginning Farmers
Posted On: September 20, 2021 by Farmers Trust & Savings Bank in: General
Below are some financial tips from the American Bankers Association ag experts for America's young and beginning farmers.
Sweat the small stuff. Keeping accurate and detailed records encourages both short-term and long-term financial planning. Not only does it help you stay organized and make better management decisions, it makes it easier for your lender to assess your financial situation. Develop a business and marketing plan. You will work smarter and improve...Help Us Fight Hunger
Posted On: September 13, 2021 by Farmers Trust & Savings Bank in:
Help us fight hunger in our community during our fall promotion! For every credit card application submitted between September 15th and October 31st, 2021 Farmers Bank will be donating a bundle of canned goods to our local food bank.
Apply Now!
24/7 Personal Customer Service Call the Customer Contact Center 24/7. Representatives are located in the US and are dedicated to providing...
How to Protect Yourself From Fraud: A Refresher
Posted On: September 13, 2021 by Farmers Trust & Savings Bank in: Financial Security
In 2020, Iowans lost more than $17 million to fraud, according to a report from the Federal Trade Commission. That’s an increase of nearly 49% from 2019. Those figures only prove how important it is to stay vigilant and know how to protect yourself from becoming a victim.
It is unlikely fraud will ever be completely eliminated. Fraudsters adjust their strategies every year and are always on the lookout for new methods to commit crimes. As technology advances, so do these criminal...
Giving Your Child an Allowance: How to Get Started
Posted On: September 13, 2021 by Farmers Trust & Savings Bank in: Budgeting
Giving children an allowance is a great way to introduce them to the concept of financial responsibility. The hands-on experience children receive from handling money can go a long way toward developing financial literacy.
Simply giving them money each week isn’t enough, though. For children to get the most value out of their allowance, it needs to be accompanied by lessons on responsible spending. While this may be time consuming, it will prove valuable to them as they grow older.
For...
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