Thursday, May 16, 2019

Summer Savings Goals for Your Hard Earned Cash

Summer is going to be here before you know it and technically starts June, 21st. Our bank at the Lake of the Ozarks is here to tell you to take this time to save your money without going to too much trouble. First Bank of the Lake knows a thing or two about saving money as we offer one of the best savings accounts at the Lake of the Ozarks, the Free Kasasa Saver. You can build savings automatically and link this account to your free Kasasa® checking. To learn more about this awesome product, visit https://firstbanklake.com/kasasa-saver.html. In the meantime, check out the summer savings tips our Lake of the Ozarks bank has in store for you.


Summer Savings Goals for Your Hard Earned Cash 



Host a Yard Sale
Do you have some old furniture that has been taking up space in your storage unit? Do you have some older wall decor items, clothes, dishes, antiques, etc. that are just sitting around collecting dust? Save some money this summer and sell your items in a yard sale. You can put this money away into your savings account and feel really accomplished while doing so!

Have a Staycation
Beach trips are great! They can be kind of costly sometimes, though, and if you are trying to save money this summer, think about this. You live in a vacation zone! That is if you live at the Lake of the Ozarks. :) So, take in the sights, get out on the Lake from a public beach, check out Ha Ha Tonka State Park, these things are FREE.

Look Into FREE Options for Experiencing the Summer Holidays
The Lake of the Ozarks community is amazing in the way the businesses and charities come together around the holidays. If you are looking to watch some fireworks for Memorial weekend or July 4th weekend, there are several FREE displays to watch in the area. Check out www.FunLake.com for more information on these events.


Want to Learn More About the Free Kasasa Saver?


First of all, we hope you meet your savings goals this summer! As we mentioned earlier, the Free Kasasa Saver is a great product for doing so. Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate. To earn your rewards, just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and log into online banking

That’s really it! Even if you don’t meet these qualifications, there are no penalties — your accounts are still free. Plus, you’ll still earn our base rate on your Kasasa Saver balance. And you can get right back to earning your full rewards the very next cycle that you qualify. To learn more, please visit https://firstbanklake.com/kasasa-saver.html.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Thursday, May 9, 2019

How The Lake Area Comes Together Memorial Weekend! 🎆

Our bank at the Lake of the Ozarks truly feels that it is amazing how the Lake area comes together for several holidays. This Lake of the Ozark bank knows that Memorial Day is all about remembering those who have sacrificed their lives for this country and for the freedoms we enjoy. This community truly comes together and First Bank of the Lake is here to tell you how in this week's blog. Keep reading for a complete schedule of the Memorial weekend fireworks that will be displayed by Lake area businesses. If you find yourself unhappy with your current bank consider our longtime community bank in Osage Beach. Learn more about us and check out our website at www.FirstBankLake.com.




Saturday, May 25, 2019


Lake Area Business: Celebration Cruises at Bagnell Dam
Date: Saturday, May 25th
Time: Boarding: 7:00 pm; Departure: 7:30 pm; Return: 9:30 pm
1006 Bagnell Dam Blvd. in Lake Ozark 

Seating is limited; Book reservations early. 
Call for details: 573-480-3212 

Lake Area Business: Bear Bottom Resort
Date: Saturday, May 25th and Sunday, May 26th
Time: 9:45 pm
Hwy 5 to 123 Bear Bottom Drive in Sunrise Beach 
View by land at Bear Bottom Resort or by water at the 38 Mile Marker. 
Parking is limited; Arrive early. 
Call for details: 573-374-6905 


Sunday, May 26, 2019


Lake Area Business: Tropic Island Cruises
Date: Sunday, May 26th
Time: Boarding begins at 7:00 pm 
494 Tan Tar A Drive in Osage Beach 
View the Margaritaville Lake Resort fireworks display from the water at the 26 Mile Marker, aboard the Tropic Island Cruises yacht. 
Call for reservations and details: 573-348-8550 


Lake Area Business: The Inn at Grand Glaize
Date: Sunday, May 26th
Time: Display begins at Dusk 
5142 Osage Beach Parkway in Osage Beach 
View the Inn at Grand Glaize fireworks display from the water at the 1 Mile Marker of the Glaize Arm, or from the land at The Inn. 
Call for details: (573) 348-4731 

Lake Area Business: The Lodge of Four Seasons
Date: Sunday, May 26th
TIme: Display begins at Dusk 
315 Four Seasons Drive in Lake Ozark 
View by water at the 13 Mile Marker 
Call for details: 573-365-3000

Lake Area Business: Margaritaville Lake Resort
Date: Sunday, May 26th
Time: 8:30 pm - 9:30 pm (Dusk) 
Hwy KK to 494 Tan Tar A Drive in Osage Beach 
Viewing by land on the Margaritaville property reserved for resort guests only. 
View by water at the 26 Mile Marker 
Call for details: 573-348-3131 


We hope you take some time to remember those brave men and women this Memorial Day. Go experience some of these Memorial weekend fireworks with your loved ones. Again, if you are looking for an experienced community bank that truly values their customers, search no further and come visit us at First Bank of the Lake.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Wednesday, May 1, 2019

Get to Know Our Team – Allen Holtmeyer

It's that time again! Each month, our bank at the Lake of the Ozarks has been unveiling a blog all about one of our fantastic employees. This month, our bank in Osage Beach is excited for you to get to know our own, Allen Holtmeyer a little better. First Bank of the Lake asked him a series of 10 questions, keep reading for his answers.


Get to Know Our Team – Allen Holtmeyer 


1. How did you get started in the banking industry?

My first job after college was with a non-bank asset-based lender here in St. Louis.  After several years, my manager took a job with Mercantile Bank and I followed him several months later.

2. What is your position at the bank? What are some of your key responsibilities?  

I am a government-guaranteed loan officer.  My primary responsibility is to perform the due diligence for new SBA-guaranteed loans and getting them approved both internally and externally by the SBA.  Once a loan closes and funds, I assume responsibility for monitoring their operations, mainly by obtaining and reviewing quarterly and annual financial statements.

3. What brought you to the Lake of the Ozarks? 

I office at the Bank’s loan production office in Clayton, Missouri and live in the St. Louis area. 

4. Where did you attend school? 

My undergraduate degrees in Accounting and Computer Science were received from Southeast Missouri State University in Cape Girardeau, MO.  Subsequently, I obtained an MBA degree from the University of Missouri at St. Louis.

5. What do you enjoy the most about your job?  

I probably enjoy the underwriting of new loans the most.  There always seem to be one of more challenges that need to be identified and overcome.

6. How do you enjoy spending your time when not at work?  

My main hobbies include playing golf, bicycle riding, and reading.  I also enjoy taking walks, snow skiing, and shooting.

7. When you were young, what did you want to be when you grew up? 

I originally wanted to be an airline pilot.  Growing up in a small town in the 1960’s, the glamour of flying and visiting different areas was appealing.

 8. What is your dream vacation destination? Why? 

Probably taking a cruise to anywhere in Europe because of the history that can be found there.  The thought of being on an airplane for more than a few hours is a “deal killer” for me.

I have been fortunate to travel and see numerous areas in the United States but there are plenty of areas that I have not seen.  Primarily the National Parks such as Yellowstone, Yosemite, Grand Canyon, etc.

9. What is something few people know about you? 

That I had my student pilot’s license before I had a driver’s license.

10. If you won the lottery, what would you do? 

I had about 40 hours of flying time while in high school and after.  However, I never got my pilot’s license.  That is one thing that I would want to obtain if I won the lottery.

I would also take a couple of months to drive around the United States visiting the many areas on my “bucket list.”



Stay tuned next month for when we unveil the next team member. First Bank of the Lake hopes you have enjoyed getting to know the team better. We enjoy getting to know our customers so we feel it is only fair that you get to know us too. To learn even more about our Lake of the Ozarks bank, visit our website at www.FirstBankLake.com.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Friday, April 26, 2019

5 Tips on How to Pay Off Your Student Loans

Way too many adults are in serious debt due to excessive student loans. A heavy debt such as this can really weigh you down and make it difficult to keep other bills you may have, paid off as well. However, the best bank at the Lake of the Ozarks is here to give you a few tips on how to pay off your student loans. If you are interested in an easy way to keep track of and manage all your bills such as your student loan payments, consider the First Bank of the Lake Mobile Banking App. Learn more and visit our website at www.FirstBankLake.com or give us a call today at 573-348-2265.


5 Tips on How to Pay Off Your Student Loans


Try to pay more than the required monthly payments.
You'd be surprised how much money you can put toward your student loans that you aren't already putting toward them. If you start paying more than the required monthly payment, then you can pay your loan off faster and hopefully pay LESS interest. Make this your goal.

Determine your PAY OFF DATE and develop your plan.
Have an end game here, determine what date exactly you will pay your loan off and develop a plan as to how much money you will be putting toward your loans each month to get there, stay organized.

Organize the rest of your bills to where they won't get in the way of paying your student loans off each month.
Online bill pay can be an EXCELLENT tool for this very thing. You can organize your bills to where they are paid at different times of the month which may make it easier for you then paying every monthly bill you have all at the same time.

Consider ALL living options.
Many college students who have just graduated tend to move back in with their parents for a little while. There is no shame in this if you have the option to do so. This option could mean you are rent free for a while and can give you an opportunity to apply that money toward your student loans. You could end up paying them off much quicker this way as opposed to jumping straight into a monthly rent agreement or mortgage payment.

Cut back on "unneeded expenses".
Do you absolutely have to go out for coffee each day, shop for new outfits each week, or have dinner out every other night? Most likely the answer is no, so be smart about your money and cut back on things of this nature so you can pay your loans off quicker.


Make Paying Off Your Student Loans Easier and Get Online Bill Pay at First Bank of the Lake


Here at First Bank of the Lake, we want our customers to feel at ease when they manage their bills because they know they have an organized way of doing so. This is why we recommend you look into Online Bill Pay. If you have any questions about how to get this started here, please do not hesitate to give our friendly staff a call at (573) 348-2265.



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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Friday, April 19, 2019

3 Seasonal Business Tips for Success

As a bank at the Lake of the Ozarks, we know that there are a great deal of businesses in this area that are seasonal. These businesses are typically attempting to make enough money in the spring/summer season to last them the whole year. That being said, First Bank of the Lake is here give a few seasonal business tips for success. If you are thinking of starting a new small business at the Lake of the Ozarks and are in need of financial assistance, speak with one of our SBA loan officers today. They can be reached by calling (573) 348-2265.

1. Keep marketing your business during the off season.
Even if your business mainly operates during the summer or spring, you can still remain relevant online and throughout your other marketing efforts. For example:
  • You can still make social media posts in the off season, just perhaps not as many.
  • You can scale back your radio ads to perhaps one every 2 months.
  • You can still send out an electronic newsletter, just maybe less frequently than you already do.

2. Consider ways your business can make money during the offseason.
For example, if you own a restaurant at the Lake, but only open from March to August or September, it may be worth considering opening up for a large event that may be taking place during the off season such as a pub crawl or something. You could make enough money during that one night that could result in a hefty profit.

3. Manage the expectations of your seasonal employees.
Make sure your employees know that this is a seasonal position. Some people thrive on having seasonal positions such as bartending positions at lakefront restaurants or beverage cart jobs at golf courses, they may rely on having that spring/summer income in addition to the full time job they already have. It is just important that they are aware of what they are getting into ahead of time.



If you are interested in starting up your own small, seasonal business at the Lake of the Ozarks, then you should consider checking out your SBA loan options.

Here's a quick look at some of the unique benefits that SBA loans can offer.

Long Term Financing
SBA loans offer long-term financing, which helps improve cash flow. In most cases, the loan is for a fixed term and will not have a balloon.

Low Down Payments
One of the uses of an SBA loan is to provide much-needed funding to businesses who are trying to get off the ground. Consequently, SBA loans often offer loan down payment options to make them affordable to their target market.

Several Different Loan Options
SBA loans are not "one-size-fits-all." In fact, there are several different types of these loans you can choose from. Your SBA lender at the Lake of the Ozarks will be able to help you determine which is best for your situation.

Want to learn more? Call our SBA loan officers at the Lake of the Ozarks today.

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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Friday, April 12, 2019

Get to Know Our Team - Dana Wyrick

Our bank at the Lake of the Ozarks is pleased to be able to continue our monthly blog series this week, titled Get to Know Our Team with our own Dana Wyrick. First Bank of the Lake strongly values our employees and this community bank in Osage Beach wouldn't be where it is today without each and every one of them. Our employees' value what it means to deliver outstanding customer service each and every day to our amazing customers. That is one of the many things that separate us from other banks out there. We enjoy getting to know our customers and we feel you should be able to get to know us a little better too. Each month, we ask one of our employees a series of ten questions to get to know them more. Keep reading to hear the answers Dana Wyrick gave us! For more information on the best bank at the Lake of the Ozarks, visit www.FirstBankLake.com.


Get to Know Our Team - Dana Wyrick


1. How did you get started in the banking industry?

Left Medical field of 17 years to pursue something different

2. What is your position at the bank? What are some of your key responsibilities?

Teller/ New Accounts back up person. Customer service, open new accounts, etc.

3. What brought you to the Lake of the Ozarks?

Wanted to leave California. It felt unsafe for us.

4. Where did you attend school?

Mt. Diablo High School-Graduated

5. What do you enjoy the most about your job?

Conversing with customers

6. How do you enjoy spending your time when not at work?

Love to spend time with family. Reading and enjoy doing crafts

7. When you were young, what did you want to be when you grew up?

I danced for 16 years. Was being sent to San Francisco Ballet and I got hurt. Ended career.

8. What is your dream vacation destination? Why?

Anywhere in Mountains. Secluded, quiet, no phones.

9. What is something few people know about you?

Owned 3 Mayflower moving companies and drove an 18 wheeler

10. If you won the lottery, what would you do?

I would pay my tithe and donate to an orphanage a friend runs. Retire


Check Out Our New Website!


First Bank of the Lake has a new website, you can still reach it by visiting www.FirstBankLake.com. Once you get there, however now you will find a much more polished and user-friendly website. We have updated our look and are proud to roll this out to our customers. Have questions? Feel free to give us a call today at 573-348-2265.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265

Friday, April 5, 2019

EGG-cellent Easter Events at the Lake of the Ozarks

Easter will be here before you know it! This holiday is so amazing and is a celebration of the resurrection of Jesus Christ. This Lake of the Ozarks bank is so excited about this holiday and we love how the community comes together to give festive opportunities for families to be with one another during this time. First Bank of the Lake is your community bank at the Lake of the Ozarks and we don't try to sell you a product you don't need. Our decisions are made in-house, in YOUR community. Keep reading to learn about some EGG-cellent Easter events at the Lake of the Ozarks.

EGG-cellent Easter Events at the Lake of the Ozarks



Osage Beach Easter Egg Hunt
Apr 20, 2019
Osage Beach City Park
950 Hatchery Road
Osage Beach Missouri 65065
Phone: 573-302-7460
Hours of Operation: 11:00 pm – 2:00 pm
  • 50,000 candy-filled Easter eggs spread across the ball fields at Osage Beach City Park. 
  • Kids are divided into four age groups for a crazy fun shotgun start egg hunt! 
  • Golden ticket prizes, face painting, bounces houses, and a free hotdog lunch provided by First Family Church makes for a fun-filled day.

Easter Egg Hunt in the Park
Apr 20, 2019
Laurie Fairgrounds
134 N Fairgrounds Road
Laurie MO 65037
Phone: 573-374-8776
Hours of Operation: 2:00 pm – 3:00 pm
  • The Laurie Easter egg hunt attracts children from tots to teens to find 14,000 eggs "hidden" throughout the fairgrounds. 
  • The Easter Bunny always makes an appearance to the delight of everyone.

Linn Creek Easter Egg Hunt
Apr 20, 2019
Linn Creek City Park
106 East Valley Drive
Linn Creek Missouri 65052
Phone: 573-346-6200
Hours of Operation: 3:00 pm – 5:00 pm
  • Easter Egg Hunt for children of all ages, start time 3:00 pm everyone is welcome
  • Bouncy house
  • Easter Bunny
  • Police presence with vehicles
  • Firefighter presence with trucks

Easter Brunch & Egg Hunt at Captain Ron's
Apr 21, 2019
Captain Ron's Bar & Grill
82 Aloha Lane
Sunrise Beach Missouri 65079
Phone: 573-374-5852
Hours of Operation: 9:00 am – 1:00 pm
Easter Brunch: 9:00 am – 1:00 pm
  • Easter Egg Hunt begins at Noon.



We hope you enjoyed learning more about these Easter events happening around here. Our community Lake of the Ozarks bank is excited to be able to point these out to you. Stay tuned next week for when First Bank of the Lake unveils our next employee in our monthly Get to Know Our Team blog series.


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First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065


(573) 348-2265