Posts

OakStar Bank and First National Bank Merger Press Release

Image
OakStar Bank and First National Bank are pleased to announce a strategic merger of their banking operations. The transaction has been approved by the boards of directors of both banks and is subject to regulatory approval. The transaction is anticipated to be complete during May of 2018.


John Blair, Chairman of the Board for First National Bank says, “We are pleased to announce the merger of First National Bank with OakStar Bank. When our Board made the decision to partner with another financial institution, we evaluated many viable opportunities…OakStar Bank clearly stood out as the best fit for our associates, customers and communities we serve. Their extraordinary commitment to our associates and customers played a significant role in the selection process of OakStar Bank. We are excited about our future together.”
The merged institution will hold over $950 million in assets, have thirteen full-service branch locations, plus a Mortgage Office in Kansas City, Loan Production Office…

Tips to Improve Your Credit Score for Credit Education Month

Image
Did you know March is Credit Education Month? It's the perfect time of year to put some effort into improving your credit. The first step to make improvements is to set a goal. As your Lake of the Ozarks bank, we know how important credit is to your financial health and we want to help you improve it. This week's blog focuses on ways you can improve your credit score. Take a look below to learn some of these tips from First National Bank!

Check Your Score To start, you need to know what your current credit score is. After you know this information, you can make strides to improve your score. Try to avoid checking your credit score too often. This may actually cause your credit score to lower slightly from having your credit run over and over.

Diversify Your Credit Different types of credit can help show you have well-rounded credit. Credit cards, a home loan, a car loan, and other lines of credit are all ways to diversify your credit. It's best to avoid keeping all of your…

Get ADVENTUROUS with Our Golden Regatta Program!

Image
Earn a TON of perks and travel opportunities with our Golden Regatta Program! Our Lake of the Ozarks bank LOVES to reward our loyal customers. If you meet the requirements, please join the Golden Regatta Program at First National Bank. It's a fun way to get banking perks AND travel to a bunch of unique places! From a day trip around the state to popular destinations around the country, there are many travel opportunities. Join this exciting group as we explore a number of destinations. Take a look below to learn more about this program!


Who Can Join? We invite any First National Bank customer who is at least 50 years of age and maintains a minimum balance of 10,000 in any combination of accounts with us to join! It's easy to join and membership is FREE! We look forward to helping you reap the many benefits of the Golden Regatta program.

Membership Features:Complimentary Gold Checking accountNo service fee for money orders and cashier's checksTwo free boxes of Golden Regatt…

Tips to Pay Off Debt Like a Pro

Image
Are you feeling overwhelmed by the amount of debt you have accrued? The average American has about $17,000 in credit card debt alone, according to NerdWallet. That doesn't take into account car loans, home mortgages, and student loan debt. If you want to make strides to combat your debt, our Lake of the Ozarks bank is here to help! This week's blog features tips to pay off debt and get out from underneath the stress that debt can cause.


Create a Budget Setting a budget can help to allocate your money each month. At this point, you can see how much extra money you have after your bills are covered. You can pull from this amount to help pay off your debt. It's important to know how much you have after your required payments in order to make a plan to pay down your debt.

Pay Off High-Interest Debt First High-interest debt can actually cost you a lot of money over time. Many store credit cards have a high-interest rate. It can be helpful if you pay off these debts first. In th…

All About Our Merchant Services

Image
Are you looking for a more convenient way to accept payment from your customers? First National Bank has you covered! From debit to credit to gift cards, we have plenty of options for your business! As your trustworthy bank at the Lake of the Ozarks, we know the importance of convenience when it comes to getting paid from your clients. We want to help be a part of the process and make your business transactions a breeze! Take a look below to learn a little more about our merchant services at the Lake of the Ozarks.


Perks of Our Merchant Service:Convenience
It's important to be able to conveniently process your customers' payments. If the process is not easy, your employees and your customers may become impatient. Simply swipe your customer's card and our system will process the payment on behalf of your business. It's as easy as that! Convenience is a huge benefit when it comes to saving you and your business time!

Easily Accept Payment
The process to accept payment wit…

Unexpected Expenses of Having a Baby

Image
Having a baby is one of the most exciting times for many people. As you prepare to bring your new bundle of joy into the world, it's important to think about the financial responsibility you are taking on. Try to plan ahead for expenses that may pop up. Our Lake of the Ozarks bank knows how important it is to prepare for your sweet little baby's arrival. Take a look below to learn about some of the unexpected expenses that go hand-in-hand with having a baby.


Clothing Babies grow FAST! The expense of clothing can get out of hand as your little one continues to grow. At first, you will likely get many clothing items as gifts, but after they start to grow out of those newborn sizes, you may be on your own to purchase new. Consider buying second-hand clothes or shopping clearance the season ahead to save money on baby clothes.

Delivery While a delivery charge is expected, the number of detailed expenses involved may be unexpected. Not only do you have a delivery charge, there is a…

Encourage Your Kids to $ave Some Dough!

Image
It's important to instill good saving habits at a young age. If you start practicing good saving techniques with your little ones, they are more likely to keep this habit throughout their life. No matter what your child may be saving toward, good money habits last a lifetime! Here at First National Bank, we know the importance of saving, especially at a young age. We have a Kid$ Dough Saving Account program in place to help get your little ones started on the right foot!


Kid$ Dough Savings Account Features: - Interest bearing
- Interest is compounded daily and credited quarterly
- $25.00 Minimum balance to open
- No minimum balance required
- Unlimited Deposits
- By Regulation, this account is limited to 6 withdrawals or transfers per statement cycle. Each additional withdrawal or transfer is subject to an excessive withdrawal fee of $0.25 per withdrawal. - There is no limit to in-person withdrawal or transfer.
- E-Statement or Paper Statement
- Online and Mobile Banking
- Online …