Three Powerful Benefits of Working with a Local Bank

At First Independent Bank, you may know our tagline, “Big Enough to Know Business. Small Enough to Know You.” But what do we mean by that, exactly? To us, it speaks to the many benefits of working with a local community bank. Here’s how those benefits translate for our customers.

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Budgeting Ideas for the New Year

We’re still fresh into the new year, and if you’re like many people, you have some financial goals. One financial goal that many people start with in the new year is to create and stick to a budget. Budgeting can help you achieve the goals you’re working toward. It’s getting out of debt, saving for retirement, or just trying to keep your grocery bill from getting out of hand. Budgets can help you reign in your spending and gain control of your financial life.

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First Independent Bank Elects New President

After 38 years, on January 27th, 2021, the Board of First Independent Bank elected as President someone other than Duke Pogatchnik.

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First Independent Bank Names New Directors

Kathy Neels and Thomas Koerber were named as Directors of First Independent Bank at its annual board meeting held on January 27, 2021.

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First Independent Bank: Your Partner for Farm Land Financing

Farm land and property are at the heart of any Ag business, which is why we make financing land an integral part of the services we offer at First Independent Bank. For over 100 years, we have helped aspiring and experienced farmers imagine the possibilities of the future. Together, we work to make that future a reality with farm mortgage loans, rural land loans, and more.

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Four Fresh Money Moves to Start the New Year

The new year is upon us! If one of your goals is to improve your finances, we have some tips for you.

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Helping Your Ag Business Grow: Machinery and Operation Financing from FIB

 Running an Ag business takes expertise, hard work, and money. If any of these variables is missing, you’re going to have a hard time.

Expertise can be taught. Hard work can be learned. But money is something altogether different.

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Beef Up Your Dairy Operations with a Dairy Farm Loan

USDA Census of Agriculture data ranks milk from cows as the fourth largest contributor to Minnesota’s agricultural sales, accounting for 9.4 percent of the state’s total agricultural products sold. On average, a Minnesota dairy farm has 200 head of dairy cows and spent $882,160 to produce milk in 2019. This spending generated $1.6 million of economic activity in the state – a significant source for our state! 

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Three Holiday Spending Tips to Keep You on Track Financially

The holiday season is a joyful time of family, gifts, and festive celebration. Unfortunately, sometimes financial worries add a lot of stress to our holidays. Here are three tips that will reduce stress and help you stay on track financially.

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What Business Banking Services Can We Help You With?

With First Independent Bank as your business banking partner, you can manage your finances with confidence. We offer the capabilities of the big banks, but also you get personal service, flexibility, and the local decision-making of a trusted community bank.

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