Consumer Education & Security Tips

First Minnetonka City Bank would like to make you aware of reporting requirements that go into effect on January 1, 2024, that may require your business to report its beneficial ownership information to the Federal government. You do not need to take any action now. Beginning on January 1, 2024,…

If the emails, phone calls, and text messages you’re receiving about student loan forgiveness are setting off your scam sensor, we’ve got you covered. Learn more about the most common student loan forgiveness scams and how to avoid them. Scams can come in all shapes and sizes. You may be…

Going “green” often means reducing carbon emissions, consuming less energy, or cleaning our water and air. There are steps you can take with your finances to go “green” that might save you time, money, and possibly reduce your carbon footprint! Banking electronically There are many ways to save yourself a…

Financial needs change through all stages of our lives. The one constant focus as we age should be on saving for retirement years. As you begin your retirement plan, there are a number of things to consider.

One of the best ways to reach your financial goals is to save your money in an FDIC-insured bank. Organizing your finances and keeping track of your spending can save money by reducing fees and interest charges. Don’t miss out on opportunities to save, like planning ahead to tuck some of your tax refund into your savings account. Below are some things you can do to keep your financial matters in order.

Make a financial plan to see you through Many consumers establish a budget as a planning tool. It is especially important to take a look at your finances and have a plan when your income decreases. By understanding what money you are getting and what you are spending, you may…

Have you ever thought about paying for a training program to learn how to invest in real estate or start an online business? These programs can be pricey — and some make false promises about helping people make money. In fact, the FTC has sued plenty of real estate investment…

Keep Yourself and Your Money Safe The Federal Deposit Insurance Corporation (FDIC) is working with federal and state banking agencies and financial institutions to assist customers affected by the coronavirus disease 2019 (COVID-19) global pandemic. The following information is more important than ever during these challenging times. Social Distancing &…

Pay down that old debt in the new year The New Year holiday creates a feeling of starting fresh and encourages us to set new goals. While diets come to mind, setting new financial goals should be on the top of our lists. As you reflect on the past year,…

Be organized, proactive, and aware to protect yourself, family and friends from financial abuse It’s easier than ever to handle our finances without setting foot inside a bank with so many advances in technology, but these changes have also made fraud and financial abuse a prevalent problem for older adults.…