Blog

College can be an expensive investment, and many high-school seniors are looking for ways to bring down the out-of-pocket costs of education.  Scholarships are often an essential part of students’ approach to funding college.  Federated Bank is pleased to partner again with CBAI Foundation for Community Banking in offering an essay-writing contest for local high-school

The new year is just around the corner, and we’d all like to start out the year on the right foot.  The problem for many of us is that Christmas comes first, and often our holiday spending breaks our budget before it’s even officially in place.  A popular strategy for Christmas spending has become making

Insurance is one subject that doesn’t get a lot of attention in our lives…until we need it.  Yet it is important to make sure that you have the proper insurance coverage in place.  Having the right insurance makes the unexpected problems in life easier to deal with.  Because your insurance needs change throughout your life,

Federated Bank has announced the opening of a new loan production office in Will County. The bank will offer reliable lending and leasing options, including business, personal, and agricultural loans from the office located in Braidwood, which will open in mid-November. In addition to a local lending team, Michael Breisch, Senior Vice President of Lending,

The coronavirus pandemic has changed nearly every facet of life or so it seems.  Even the way we vacation has changed.  With the increased worry about staying in hotels and utilizing air travel, vacationers are re-thinking their plans and finding more novel ways to get away.  As this article explains, one mode of travel that

These late summer and early autumn days are some of the best that Central Illinois has to offer.  The sweltering heat of summer is mostly gone and winter is still comfortably far in the future.  But we all know that this is just a brief moment in time.  The icy winds and bitter cold will

A New Experience: Buying a Car Online Buying a car used to require a trip to the dealership. Haggling was a hallmark of the experience, and you could count on going back and forth with a salesperson about things like pricing and interest rates.  If you’ve watched TV lately you have probably noticed several companies

Every small business owner wants to see their business grow.  As savvy business owners know, business growth is more than a goal.  In reality it is a necessity.  Trying to simply maintain a business is an activity that is doomed to fail.  If a business is not growing, it is effectively dying – though it

We are only a little more than halfway through 2020, but what a year it has been! Nobody planned for the events we’ve experienced this year.  Moreover, there are few people willing to predict what lies ahead. However, even in the uncertainty of the times, many of the tried and true principles of financial stability

Many businesses, including seasonal businesses that experience busy and slow times of the year and businesses with a lengthy manufacturing process, will at some point consider inventory financing. For example, a business that produces holiday gifts could use this type of financing to purchase more items in order to prepare for the expected additional demands