Money Matters Blog

February 17, 2020 was Random Act of Kindness Day. Since it was also Presidents' Day (a non-banking day), FMBT was closed to conduct all staff training. As part of a team building exercise, FMBT staff were sent out in teams throughout Marinette, Menominee, Peshtigo, and Crivitz. Equipped with a little bit of cash and a whole lot of heart, they were tasked with performing as many random acts of kindness as they could in a two hour period. This was a surprise for both our staff as well as...
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Financial responsibility starts in the home. If it’s not something you were taught as a child, it can be difficult to model it in the home as an adult. The good news is, it’s never too late to start! Here’s what you need to know to kick your household into gear. 

The more, the merrier! Many parents feel anxious to talk about finances with the entire household. However, each member of the household will benefit from having an open conversation...
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Whether retirement is around the corner or many years away, you likely have some questions about how to prepare yourself financially. Today, we will tackle some of the most common questions. 

IRA stands for Individual Retirement Account. The purpose of it is to provide a tax advantaged way for people save for retirement on their own. The two types of IRAs are Traditional and Roth. 

Traditional: With a Traditional IRA, contributions may be tax-deductible...
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