First National Bank of River Falls News
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River Falls and Prescott School District Students Awarded FNBRF Scholarship
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First National Bank of River Falls announced that two local students have each won a $1,000 scholarship. In 1996, the First National Bank of River Falls established a partnership for scholarships to entice exceptional students to attend college at the University of Wisconsin – River Falls. The bank donates $5,000 annually to these scholarships with $3,000 of these funds directed to existing UWRF students, while $1,000 each goes to a River Falls High School and a Prescott High School student.
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FNBRF Donates Towards Prescott Outdoor Pickleball Court Fundraising Goal
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First National Bank of River Falls donated $2,500 towards creating dedicated outdoor Pickleball courts for the Prescott, WI community.
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#ASW2023 Day 4: Paying Down Debt is Saving
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Making the decision to pay down debt, particularly consumer debt, can be mixed with emotion. You feel good about choosing to take concrete steps to pay off balances on credit cards, auto loans, student loans or other installment loans. On the other hand, you feel less positive about the amount of money you are directing into a savings account. Well, we’re here to show you how reducing debt is a form of saving, to give you strategies for the best way to do so that align with your personal situation, and to boost your financial confidence to keep you working toward your goals.
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#ASW2023 Day 3: Saving For Major Milestones
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What do homes, education, and retirement all have in common? They are major life milestones that require advance planning and saving large amounts of money.
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#ASW2023 Day 2: Save for the Unexpected
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Day Two of America Saves Week encourages us to save for the unexpected. While saving for emergencies is always a much discussed topic in personal finances, here’s something that’s not as widely discussed: saving for opportunities.
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#ASW2023 Day 1: Saving Automatically
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The easiest and most effective way to save is automatically. Think about it, this saving automatically is the exact same way that millions of employees save through 401(k) and other retirement programs at work. So, taking that same concept— that you can “set it and forget it” and adjust to money going directly into savings would work for ANY savings goal you have— including saving for an emergency fund, homeownership, education, or even a vacation.
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