Blog
First Independent Bank Announces New President and Employee Promotions
On February 8th, 2022, the Board of First Independent Bank elected Thomas Koerber as President. Tom has currently been serving as Executive Vice-President and Chief Credit Officer. He has been in banking since 1987, with First Independent since 2017, and served as Chief Credit Officer of First Independent Bank’s sister Bank, Northview Bank, from 2005-2017.
Should You Lease or Buy Your Farm Equipment?
To make the best decision when evaluating whether to buy or lease ag machinery for your operations, it’s essential to understand the factors affecting the economics and compare the financial aspects of each option.
First Independent Bank: The History Behind Our Russell Location
At First Independent Bank, we can trace our history back over 100 years. As such, we thought it might be fun to share some history and the story behind our Russell location.
How a Business Line of Credit Can Help You Stay Competitive
A business line of credit is a flexible form of financing that is used by many small businesses. It can be accessed as needed (as long as you haven’t hit your credit limit and it is used for approved expenses), similar to a credit card, but has many advantages over a credit card.
How a Debt Consolidation Loan Can Help You
Credit card debt can be frustrating, overwhelming, and feel impossible to pay off. It’s also expensive! The average credit card interest rate is around 16%.
Five Warning Signs That Your Dream Home Might Not Be So Dreamy
House hunting can be fun and exciting, especially when you think you might have found the home of your dreams. It’s also an intensely emotional decision.