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Finding the Right Car for You

Spring and summer are popular times to buy a car.  Whether you’re a recent graduate looking for your first car or a veteran driver who wants to upgrade to something that better fits your lifestyle, these are some tips for helping you find a car that is just right for you. Assess Your Needs Notice

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Federated Bank Supports Local Small Businesses

Shop Local for National Small Business Week Federated Bank encourages local residents to put their hard-earned dollars to work in their local communities by shopping with small businesses during National Small Business Week, May 2-6, 2022. Small businesses have accounted for 62 percent of new job creation since 1995, which means support for these businesses

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The Lifecycle of a Community Bank

The idea of “sustainability” is linked to a lot of our local activities these days—whether it’s reusing or recycling products, sampling culinary delights from the local bakery, or choosing to buy American-made products to support our national economy. There are plenty of reasons why eating, dining, and banking locally makes good economic sense. If you’ve

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We’re Celebrating Community Banking Month!

In recognition of Community Banking Month in April, Federated Bank is reminding consumers about why banking locally with a community bank matters. It starts with valuing relationships. At Federated Bank we value the relationships we have with our customers and are always striving to provide the very best customer service and product offerings to meet

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Being Prepared in Tornado Season

Perhaps no other season in Central Illinois threatens as much unpredictability and potential for disaster as tornado season.  Storms can blow up out of nowhere or turn deadly without more than a moment’s notice.  However, while you can’t predict where a tornado may spin up or touch down, you can be prepared in tornado season

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Federated Bank Celebrates America’s Ag Community

In recognition of National Ag Day, Federated Bank is celebrating the contributions of America’s local farmers, ranchers, and agricultural enterprises. At Federated Bank, we recognize the essential role of agriculture, which is central to our country’s health and prosperity. Federated Bank pledges to do all we can to support these stewards of the land and

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Tips to Avoid Becoming the Victim of a Scam

There are always unscrupulous people that are trying to take advantage of others for their own personal gain.  The specific schemes or the tools used may change, but the intent is the same.  Scammers want to take your money away from you and keep it for themselves.  This is a sad fact of life.  While

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Buy Now, Pay Later: The Pros and Cons

Have you heard of BNPL programs? Short for Buy Now, Pay Later, BNPL programs have been around for a while, but they have increased in popularity as online purchasing has become more common.  It isn’t hard to see the appeal of these plans that allow you to take possession of a purchase while postponing the

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Making a Fresh Start with Your Personal Finances

The New Year is a great time to look at your life and make some needed changes.  This is especially true for your personal finances.  If you’re ready to make your personal finances in 2022 work for you, then here are some places where you might consider changing your approach. Be More Engaged It can

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Tips for Selling a Home in the Winter

Spring is the season that is typically associated with home buying and selling, but the truth is that in every season there will be some people who need to buy a home and others who need to sell.  While winter may not be the most popular time to sell a home, there are ways to

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