First Bank of the Lake: February 2018

Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway
Suite 100
Osage Beach, MO 65065

(573) 348-2265

Thursday, February 15, 2018

The Perks of Online Banking

Online banking has become quite the product for convenient banking. There are many reasons to use it and many benefits it can provide. Our bank at the Lake of the Ozarks is here to give you a few perks of online banking. If you have any questions about our online banking feature, call us at 573-348-2265 or visit our website at www.FirstBankLake.com.

The Perks of Online Banking

Perk # 1
Pay your bills quickly and easily.
If you've been struggling to pay your bills on time due to any of the following reasons:

Your bills weren't organized and you lost track of one
Your funds weren't organized in the right accounts and you ended up not having enough money in the account you were paying your bills from

...then online banking may be just the product you need. It's possible to set your bills up to be paid automatically through online banking. This way you don't have to worry about thumbing through a pile of paper bills and trying to pay one at the last minute. Online banking also allows you to organize your accounts in order to transfer money quickly into the accounts you need it in.

Perk # 2
Track your spending from the palm of your hand.
While some people may enjoy the old fashioned process of writing down everything they spend in their checkbooks, that can take quite a bit longer than just tracking it from your cell phone or computer. Online banking can make "life on the go" much less stressful.

Perk # 3
Avoid getting overdraft fees by being able to track your spending more easily.
Life can be hectic and it can be very easy to overspend. Make tracking easier for yourself and check out our online banking feature at www.FirstBankLake.com.

"The advantage of online banking is that you can pay bills superfast, and your account is automatically credited or debited for each deposit and payment, making it easier to stay on track." - Suze Orman

Ready to Bank Online with First Bank of the Lake?

Our bank in Osage Beach doesn't try to sell you a loan or service you don't need. We make all of our decisions right here at home - we use judgment and compassion when evaluating customer requests. First Bank of the Lake has had the pleasure of being a community bank to the Lake of the Ozarks for over 30 years. Our goal is to find the right product or service to meet your financial needs. We're sure we have the perfect account to meet your needs. Check out our website at www.FirstBankLake.com to see more of the convenient banking services we can provide to you. If you have any questions about what you see, don't hesitate to call us 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, February 9, 2018

5 Ideas to Have a HAPPY Valentine's Day on a Budget

Valentine's Day is right around the corner. It can be such an exciting time of year to celebrate the love you have for your significant other, spouse, or even yourself. While there are many activities to try to celebrate this "day of love," such as going out to a nice dinner, seeing a movie, or buying each other gifts, these things can add up and be quite costly. Your bank at the Lake of the Ozarks is here to give you a few ideas you can implement in order to have a HAPPY Valentine's Day on a budget.

5 Ideas to Have a HAPPY Valentine's Day on a Budget

Idea # 1

Give her or him a homemade gift from the heart.

Try making your loved one something from the heart. For example, you could make them a photo collage of some of the best dates you've had with them.

Idea # 2

Cook a romantic meal together.

Why spends hundreds of dollars on a fancy meal, when you can have just as good of a time cooking with your loved one at home. Save money and bond over making a great meal with one another.

Idea # 3

Try carnations over roses.

While roses are the typical flower of Valentine's Day, carnations are much cheaper and have been known to last longer as well.

Idea # 4

Write a love letter rather than buying an expensive card.

Why not spend LESS money and put MORE thought into your Valentine's Day this year? A charming love letter over a standard Valentine's Day card may mean more to your spouse or significant other anyway.

Idea # 5

Don't be afraid to celebrate Valentine's Day after February 14.

The Valentine's Day candy and food tend to be cheaper and may possibly go on sale after Valentine's Day. Valentine's Day is on a Wednesday this year, so celebrating it the weekend after may even work better for your schedule anyway.

Looking to Budget Your Money with The Best Bank at the Lake of the Ozarks?

First Bank of the Lake provides many options to help you store that money you are saving by budgeting Valentine's Day. We offer checking and savings accounts that basically end up looking like we pay you to bank here. Check out our Kasasa Checking and Savings accounts:

Open a free Kasasa Cash® checking account and get rewarded for doing simple banking activities, like using your debit card.

Earn up to 2.00% APY* and get refunds on your ATM withdrawal fees, nationwide. Add Kasasa Saver® to your account to make saving easy and automatic. Visit us today to open your accounts!

Benefits:

Free checking that pays high interest
2.00%% APY* on balances up to $10,000
2.00% to 0.41% APY on balances over $10,000 depending on balance in account**
0.05% APY* if qualifications aren't met
Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)**
Link to free Kasasa Saver to build savings automatically
Kasasa Protect™ available at a discounted rate
No minimum balance to earn rewards
No monthly service fee
Free online banking
Free e-statements
Free debit card
$25 minimum deposit to open

Free Kasasa Saver®

Build savings automatically — link this account to your free Kasasa® checking.

Free Kasasa Saver® is saving simplified. Connect it to your Kasasa Cash® or Kasasa Cash Back® checking to build your savings effortlessly.

When you earn cash rewards in your Kasasa checking, those earnings transfer into your Kasasa Saver. Kasasa Saver also earns up to 0.75% APY!* That’s Kasasa at First Bank of the Lake — free accounts that reward you for banking locally.

Benefits:

Free account that builds your savings effortlessly
Links to free Kasasa Cash or Kasasa Cash Back checking
Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
0.75% APY* on balances up to $25,000
0.75% to 0.35% APY* on balances over $25,000 depending on balance in account**
0.05% APY* if qualifications are not met on Kasasa Cash or Kasasa Cash Back
No minimum balance to earn rewards
No monthly service fee
Free online banking
Free e-statements
Free debit card
$25 minimum deposit to open

For more information on these wonderful products and to see if you might qualify for them, give First Bank of the Lake a call at 573-348-2265. We'd like to wish everyone a Happy Valentine's Day!

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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, February 1, 2018

3 Key Benefits to Having a CD

Certificates of Deposit or CDs can really come in handy for a number of reasons. Certificates of Deposit (CDs) are common savings products also known as "time deposits". If you are looking for different methods to save money, you should consider opening one at your local bank at the Lake of the Ozarks. Here are a few key benefits of having a CD.

3 Key Benefits to Having a CD

Benefit # 1
CDs are FDIC insured
Deposits in a bank CD are federally insured by the FDIC for up to $250,000 per depositor, per insured bank.

Benefit # 2
Better yields than a savings account
In exchange for locking away a consumer’s cash for a specific time period, CDs typically offer higher yields than a regular savings account.

Benefit # 3
Great interest rates
For a complete list of the Certificate of Deposit interest rates at First Bank of the Lake, visit http://firstbanklake.com/rates.html. CDs are typically offered in terms of 3 months, 6 months, 1 year, 2 years, 3 years, or greater. The rates typically increase with the length of deposit terms. First Bank of the Lake has a variety of CDs to fit your needs. Terms ranging from 3 months to 60 months with very attractive interest rates. Rates are subject to change without notice.

"The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind." - T.T. Munger

See Some of the Kind Words from a Few of Our Fantastic Customers

"First Bank and it's people are wonderful...they are KIND, friendly, and helpful no matter what our question or request! We love you all!" - Nancy Hertzler Culver

"Opened new account - friendly staff- very helpful! Also moved an IRA - better rates" - Charli Allee

"First bank employees always have a smile, enjoy doing business there" - Jeff Bethurem

Certificates of Deposit or CDs at the Lake of the Ozarks

Ready to start saving with your very own CD. First Bank of the Lake is here to provide banking products to fit your needs. Our goal is to find the right product or service to meet your financial needs. We're sure we have the perfect account to meet your needs. We have been your local bank in Osage Beach for 30 years and we don't try to sell you a loan or service you don't need. We make all of our decisions right here at home - we use judgment and compassion when evaluating customer requests. If you are ready to start banking at a 5-Star Community Bank, stop by and visit us at 4558 Osage Beach Parkway in Osage Beach or call us at 573-348-2265. You may also visit our website at www.FirstBankLake.com for more information on the services we provide.

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First Bank of the Lake - Striving For Excellence

Member FDIC. Equal Housing Lender.