April 2009 - First National Bank

Financial Peace University draws 60 class members

First National Bank and approximately 60 class participants are about halfway through Dave Ramsey’s Financial Peace University. This 13-week course is led by Dave Ramsey, the national radio and television host, and has been truly life changing for its members.

We are excited to be the bank that helps people look for ways to change their lives financially.

The goal of the course is to “live like no one else, so later you can live like no one else.” Ramsey teaches the value of a cash system while creating a cash flow plan so that you can pay off your debt. The currently class at First National Bank has close to $1.4 million in non-mortgage debt. It is because of these types of numbers that financial education is priceless in this current economy.

First National Bank partners with CDARS

First National Bank has become a participating bank in the Certificate of Deposit Account Registry Service also known as CDARS. This program allows First National Bank to offer insurance up to $50 million.

This is great for a municipality, school district, hospital or a large investor who needs to invest their money and would like for it to remain insured. The CDARS program allows the investor to have one banker, one rate, one maturity date, one statement and one 1099 while keeping you federally insured up to $50 million.

If you would like more information regarding CDARS, please contact Adam Underhill at (815) 609-7570 or aunderhill@fnbiweb.com

Underhill joins Examiner.com as Banking Examiner

Adam Underhill, Assistant Vice President at First National Bank, has recently joined Examiner.com as the Chicago Banking Examiner. Examiner.com is a local resource for various topics and Underhill will be writing about different banking stories.

You can view his work at: http://www.examiner.com/x-4342-Chicago-Banking-Examiner.