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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

Temperatures are beginning to fall, and it’s only going to get worse!  We have several months of cold winter days ahead of us so we might as well settle in.  We’ll get out our warm sweaters and throw another log on the fire as we watch the snow fall and the wind blow.  Sounds cozy,

Going to the bank used to be a part of the routine errands that everyone had to do on a regular basis.  In the past few years, things have changed.  Technology has influenced all of life and industry, including our banking habits.  Trips to the bank have decreased as we’ve gained the ability to do

Businesses have always had to put measures in place to guard against scams, fraud, and theft.  However, with the technological advances that businesses have enjoyed over the last century, criminals’ means for stealing have greatly expanded.  To keep your company safe, you need to be proactive and stay one step ahead of the thieves.  The

With all the changes we have experienced over the past 18 months, you may be wondering about the home buying process. What has changed about the way homebuyers search for, select, and finance a home and what has stayed the same? Keep reading to learn more about the unique challenges and opportunities of buying a

Life is full of different seasons, some easy and enjoyable, others that are difficult and busy.  We are all constantly moving from one season to another, having to adjust to new obligations and expectations.  During busy seasons, our finances can quickly get off-track. We don’t have as much time during busy seasons to keep a

When it comes to central Illinois weather, if there is one thing you can count on, it’s that it is unpredictable.  Throughout the winter months, snow, ice, and freezing temperatures are a constant threat.  In the spring, severe thunderstorms, flooding, and even tornados can occur without much warning.  Whatever the season, the bottom line is

Almost every business has been negatively affected by the coronavirus pandemic, and many are in dire need of assistance because of it.  One way that the government has tried to help struggling businesses is through an assistance program called the Paycheck Protection Program. The Paycheck Protection Program (PPP) is part of the coronavirus relief funding

With mortgage rates continuing to hover in the historic range, many people have taken the opportunity to purchase a home or to refinance an existing mortgage.  Yet some homeowners and prospective homeowners consider the effort involved and decide to wait.  At Federated Bank, we understand that the process of obtaining a mortgage or a mortgage

Running a small business keeps you on your toes.  After all, small business owners are ultimately responsible for every aspect of the business, including financial oversight.  This aspect of oversight can be overwhelming, yet it is of the utmost importance.  These simple tips for organizing your small business finances might just help you keep your