First Bank of the Lake: December 2019

Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway
Suite 100
Osage Beach, MO 65065

(573) 348-2265

Friday, December 20, 2019

Financial New Year's Resolution Ideas for 2020

2020 is right around the corner! Have you thought about what you may do differently financially in the New Year? Perhaps you will pay off your debt or at least start a real plan to pay off your debt. Maybe you will meet a savings goal for an end of year vacation you've been dreaming about. Whatever your financial goal for the New Year may be, you should take a look at the savings products at our bank in Osage Beach. They can be very helpful in reaching savings goals in particular. Learn more and visit the First Bank of the Lake website at www.FirstBankLake.com. To reach our Lake of the Ozarks bank, call (573) 348-2265. In the meantime, keep reading for a few ideas for making financial New Year's resolutions.

Financial New Year's Resolution Ideas for 2020

To pay off student loans.
So many people are in debt due to student loans. Having that debt can really weigh you down and affect your credit negatively if you don't have a steady plan for paying it off. If you are struggling to at least pay the minimum payment each month, take a hard look at what you spend money on. Are you going to the coffee shop for your coffee each day? Are you shopping for new clothes when your old clothes are still fine to wear? Cut back on unnecessary spending in the new year so you put that money toward paying off student loan debt.

To pay off credit card debt.
It can be very easy to spend money when you using a credit card because you can get into the habit of feeling like that money is yours but it's not, it's the credit card company's, meaning you have to pay it back. The point here is to not "bite off more than you chew," so to speak. Don't use your credit card on something you can't afford to pay back, be responsible with your credit.

To save for a vacation.
Everyone deserves a vacation and it can be healthy for you to give yourself the time off, but few people can likely afford to take a vacation whenever they want. Take one at the end of the year and save up money each month so when it comes time to pay for your vacation, you aren't making such a costly decision. You are using money that you have saved for this particular reason.

Meet Your Financial New Year Resolutions with First Bank of the Lake!

Did you know you can build your savings automatically? Learn how and check out the Free Kasasa Saver® at First Bank of the Lake. Learn more and visit our website at www.FirstBankLake.com. If you have any questions, please do not hesitate to call our friendly staff 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, December 13, 2019

New Year, New Business?

Is 2020 the year? Is it the year that you finally start the business of your dreams, be your own boss? Starting and managing a profitable business is not for the weak-minded. In addition to being passionate about what you are doing, you should be financially prepared. That's where our Lake of the Ozarks SBA loan officers come in. We can help you find the financial help you need to get your business up and running. For more information on that, please call our bank at the Lake of the Ozarks today at (573) 348-2265. In the meantime, keep reading for a few tips for starting a new business in 2020.

Be passionate about what you do 100% of the time.
If you are serious about becoming a business owner, it's important to you truly love what you do because you will likely be working more than you ever have before in order to get your own business up and running. That will be much harder to do if you are not passionate about what you are doing.

Thinking about starting your business on the side.
It can be a good idea to keep your day job when starting a new business. If the business fails, you have a steady income to live on still. If the business takes a long time to become profitable, which is highly likely for new businesses, then it can be a good idea to have your day job still.

Build a customer base.
Plain and simple, you need customers in order to be successful. So it's important to build a strong, loyal customer base as early on as possible. Be the company that your customers have to go to because they're so happy they won't even consider going to a competitor.

Check out the competition.
Be aware of your competition and do your research. You need to stay updated on your market and how your industry is performing. You need to know how your competitors are marketing their businesses, what services they're offering, and how their pricing compares to yours. Being informed is being smart.

Market your business in a strategic way.
At the end of the day, ask yourself, did I communicate with my customers the way they like to be communicated to or the way I like to communicate? For example, if your primary target market is affluent women, then you should be advertising on Pinterest because they are the known market using that social media platform.

The SBA Loan Officers at First Bank of the Lake Are Here For You!

At First Bank of the Lake, we don't try to sell you a loan or service you don't need, but if you're in need of a small business loan at the Lake of the Ozarks, give us a call. Our SBA loan officers say "You have to spend money, to make money." For more information on our small business loans, please give us a call today. We can be reached 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, December 6, 2019

December Events at the Lake of the Ozarks

First Bank of the Lake LOVES being a part of this community! Our Osage Beach bank is located in the heart of the Lake of the Ozarks. This community offers so much to our residents and visitors. It's amazing how these businesses can come together to orchestrate so many events this time of year with everything going on. This Lake of the Ozarks bank is here to give you some need-to-know information on some of the upcoming December events in this week's blog. First Bank of the Lake - Local Banking Makes a Difference.

Source: www.FunLake.com

Celebration Cruises Christmas On The Lake
Nov 22, 2019 - Dec 28, 2019
Celebration Cruises
Bagnell Dam Blvd.
Lake Ozark MO 65049
Phone: 573-480-3212
Website: http://www.cruiselakeoftheozarks.com
Facebook: https://www.facebook.com/CelebrationCruiseLOTO
Hours of Operation: Wed, Fri & Sat - Reservations Required

Reservations required. Please visit the website above for reservation information.

Christmas on Main Street
Nov 29, 2019 - Dec 22, 2019
Main Street Music Hall
5845 Osage Beach Parkway
Osage Beach Missouri 65065
Phone: 573-348-9500 or 800-348-9501
Website: http://www.lakemusichall.com/tickets.asp
Facebook: https://www.facebook.com/mainstreetmusichall/
Hours of Operation: Call for Show Times & Tickets

Event Details - For showtimes and tickets call 573-348-9500 or access the online ticketing system at http://www.lakemusichall.com/tickets.asp

Lake Area Community Orchestra at First Baptist Church
Dec 03, 2019
First Baptist Church
209 S. Aurora
Eldon MO 65026
Phone: 660-341-1234
Website: lakeareacommunityorchestra.org/
Facebook: https://www.facebook.com/Lake-Area-Community-Orchestra-117581758272169/
Hours of Operation: 7:30 pm

Event details - The Lake Area Community Orchestra performs its second concert of the Winter Season. Concerts are free and open to the public, but goodwill offerings are welcome. For more information, please go to www.lakeareacommunityorchestra.org.

Christmas for Kids
Dec 07, 2019
The Lodge of Four Seasons; Granada Room
315 Four Seasons Drive
Lake Ozark Missouri 65049
Phone: 580-402-1708
Email: angiebarns@suddenlink.net
Website: http://www.lakeareachristmasforkids.com
Hours of Operation: 5:30 PM - Cocktail Party; 6:30 PM - Dinner

This is a Benefit Sponsored by the Christmas for Kids Committee, Kiwanis Club of Ozark Coast and Lake Area Businesses.

Proceeds provide underprivileged children at Lake of the Ozarks and surrounding communities with two Christmas gifts per child plus a $15 gift certificate for the lake area resale shops for each child. Funds left over after providing Christmas for the children go to organizations we support throughout the year:

CADV
Children’s Learning Center
Hope House
Kids Harbor
Lake Area Big Brothers/Big Sisters
Lake Area Helping Hands
Lake Regional Pediatrics
LOFD Car Seat Program
LOSA
Ronald McDonald House (Columbia, MO)
School of the Osage Cares for Kids
Scholarships for Kids
Share the Harvest Food Pantry
Tri-County YMCA
Wonderland Camp

...and many more.

One of the best silent and live auctions at the Lake will be returning.
Djay Johnny Marsi with Elite Lighting & Sound will be there to entertain you until midnight.
In following the Christmas for Kids tradition, each person is asked to bring a new, unwrapped toy with a value of $20, or a $20 cash donation upon entry.
If purchasing a table of 10 is not an option for you, we will offer single tickets to be purchased in advance for $70 per person. This includes entrance into the event at 5:30pm, sit down dinner, auction item purchase opportunities, and evening entertainment.

RSVP your table today!

PLEASE NOTE: Must be 21 to enter.

For Reservations, Sponsorships, or More Information contact: Angie Barns at angiebarns@suddenlink.net.

Camdenton Christmas on the Square
Dec 07, 2019
Camdenton Square
Camdenton MO 65020
Phone: 573-346-2227
Website: http://www.camdentonchamber.com
Hours of Operation: 8:30 am – 1:30 pm

Activities will begin with the Running of Elves 5K at 8:30 AM. At 10:00 AM, festivities will kick-off with:

Games
Ornament making
Chocolate snowmen
Prize drawings
Craft tables
Music
Cookie decorating
Petting zoo
Hot dogs
Hot chocolate
Cookies

...and more!

For more information, please see the website listed above.

A Christmas Story - Sunrise Beach Little Theatre
Dec 12, 2019 - Dec 13, 2019
Sunrise Beach Little Theatre
15133 North Hwy 5
Sunrise Beach MO 65079
Phone: 573-374-0374
Email: veejay-1@charter.net
Hours of Operation: 7 pm

The Sunrise Beach Little Theatre will be presenting a production of "A Christmas Story" by Phillip Grecian and directed by Beth Buffe on Thursday and Friday evenings December 12 and 13.
The play based on the motion picture “A Christmas Story” distributed by Warner Brothers. Based on a memoir about growing up in the Midwest in the 1940s, follows 9-year-old Ralphie in his quest to get a genuine Red Ryder BB gun. Ralphie pleads his case before his mother, his teacher and even Santa Claus himself. The consistent response: “You’ll shoot your eye out!”
This classic play will be presented at the Sunrise Beach Community Center (15133 North Hwy 5) in Sunrise Beach.
Doors open at 6:00 p.m. with play beginning at 7:00 p.m. Admission to this production will be $10 for adults and $5 for 12 and under. Reservations are not required. For more information call 573-374-0374.

All of us here at our Lake of the Ozarks bank hope you enjoyed reading about these community events! We really do love this community, it's a one of a kind place and there's no other place quite like it. To help make this community thrive you should buy locally and bank locally! To learn all about our services, such as online banking, mobile banking, business checking accounts, installment loans, and more, please visit our website at www.FirstBankLake.com. If you have any questions about what you see on our website, please visit give our friendly staff a call today at (573) 348-2265.

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First Bank of the Lake - Striving For Excellence

Member FDIC. Equal Housing Lender.