First Bank of the Lake: January 2020

Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway
Suite 100
Osage Beach, MO 65065

(573) 348-2265

Friday, January 24, 2020

Is Merchant Source Capture Right for Your Business?

Every business owner needs certain resources to keep their business running smoothly. Our bank at the Lake of the Ozarks is here to tell you about a fantastic product we offer that can allow for your business to have its funds available faster and so much faster. Keep reading this week's blog for more information on First Bank of the Lake's Merchant Source Capture.

Introducing Merchant Source Capture.

The quick way to turn check deposits into cash.
Key Advantages of Merchant Source Capture.

Make your funds available faster.
Make deposits anytime.
Save time preparing deposits.
Consolidate funds from remote locations into one financial institution.
Cut costly courier fees or trips to the financial institution.
Reduce risk of check fraud.

Is Merchant Source Capture for you?
Does your business:

Have multiple locations?
Make deposits after normal banking hours?
Pay transportation costs to deliver deposits?
Receive checks with large dollar amounts?

If you answered YES to any of the above questions, then Merchant Source Capture may benefit your company. It's like having a 24-hour teller right in your office.

Get faster funds availability - With electronic deposits, checks can be deposited into your account sooner, so your money is working smarter for you.
Make deposits anytime - Enjoy the convenience of making deposits electronically 24 hours a day, 7 days a week, even weekends.
Save time preparing deposits - Preparing deposits electronically is very efficient, reducing labor costs and freeing up staff for other tasks.
Save time and money - Electronic deposits can reduce trips to the bank and eliminate costly courier fees.
Streamline your cash flow - Check deposits can easily be made from any remote office or storefront. This makes it easy to consolidate deposits from multiple locations into a single bank.
Reduce risk of check fraud - Faster check clearing may allow you to act sooner on returned checks, increasing your opportunities for collection.
Work more securely - Multiple layers of security include password protection, Internet firewalls, and 128-bit encryption - the highest level of security commercially available.

What you will need.
Merchant Source Capture is easy to set up and use. All you need is:

A PC with an open USB 2.0 port and a current version of Vista (32 bit or 64 bit) Windows 7 (32 bit or 64 bit), or Windows 8 and Internet Explorer® 9 or newer.
A properly installed desktop check scanner.
An Internet connection.
An account with First Bank of the Lake.

How does Merchant Source Capture work?
Using Merchant Source Capture is easy:

Scan checks from a Web-connected computer - Using a desktop check scanner, simply scan both sides of the checks in a single pass.
Prepare the deposit - View images of the scanned checks right on your PC. The dollar amounts for the checks are automatically read, and the deposit is totaled.
Electronically send the deposit to the bank - After you save the deposit, go to the Pending Items tab and click the deposit's submit link. The deposit is sent to the bank through a secure Internet connection. Funds are deposited into your account - Funds may be available sooner than traditional deposits.

Do You Have Questions About Merchant Source Capture?

If you have questions, please call our bank in Osage Beach at (573) 348-2265. You can also visit our website for more information on the financial products we offer that can help businesses at the Lake of the Ozarks. Visit 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, January 17, 2020

Introducing The Certificate of Deposit Account Registry Service® (CDARS)

CDARS is a banking product for anyone who wants to combine the convenience of working directly with just one financial institution with the security of access to FDIC insurance at multiple institutions. When you place a large deposit with us that would not otherwise be fully FDIC insured, we can, we can place your funds, through CDARS into certificates of deposit issued by other financial institutions in the CDARS Network. On July 21, 2010, the deposit insurance coverage for all deposit accounts was permanently raised to $250,000 per depositor, per insured depository institution for each account ownership category. Insurance coverage for certain retirement accounts, which include all IRA deposit accounts, was increased permanently to $250,000 per depositor in 2006. Our Lake of the Ozarks bank understands that this is a lot of information to take in. Call First Bank of the Lake today with any questions you may have about CDARS. Keep reading this week's blog for more information on this phenomenal product.

Introducing The Certificate of Deposit Account Registry Service® (CDARS)

FDIC Insurance. With CDARS, you can access multi-million dollar FDIC protection on CD investments.

One Bank. You work directly with us to secure large deposits.

One Rate. You earn one interest rate per maturity on CD investments placed through CDARS. With CDARS, there is no need to negotiate multiple rates or manually tally disbursements for each CD.
One Statement. You receive one regular statement detailing your CD investments. You no longer need to manually consolidate statements at the end of each month, quarter, or year.

No Hidden Fees. There are no hidden fees of any kind. You will not be charged annual fees, subscription fees or transaction fees for using the CDARS service. The rate you see is the rate you get.

No Ongoing Collateralization. Because CDARS deposits are eligible for FDIC protection, you may not need to collateralize your deposits. This eliminates the time-consuming task of tracking collateral values on an ongoing basis.

A Wide Variety of Maturities. You can select from various maturities - ranging from 4 weeks to 5 years (260 weeks) - and choose the terms that best suit your investment needs.

Community Involvement. Your funds can support local lending initiatives that strengthen the local community.

Do You Have Any Questions About CDARS?

If you have questions, please visit us at First Bank of the Lake or contact us for assistance. We are located at the entrance to the Osage Beach Premium Outlets. We can also be reached at (573) 348-2265. First Bank of the Lake - where we don't try to sell you a loan or service you don't need, and we make all of our decisions right here at home. Local banking can make a difference in this community.

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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, January 10, 2020

CardValet® - Your Cards On Your Terms

All of us here at our bank at the Lake of the Ozarks would like to introduce CardValet®. This product is an app that helps protect the cards in your wallet. Here at First Bank of the Lake, we believe in offering our customers what they need versus trying to sell them on a financial product they don't need. If you are worried about your credit cards or debit cards being stolen, this may be just the product you need! Keep reading for details on CardValet® in this week's blog. If you have any questions, please give us a call today at our bank in Osage Beach. We can be reached at (573) 348-2265.

CardValet® - Your Cards On Your Terms

Introducing CardValet®

Your card, on your terms.
CardValet® allows you to turn your credit or debit card "on" or "off" anytime. When they’re “off”…no one can use your cards. Turn them “on” when you’re ready to use them:

Helps safeguard your cards from fraud
Lets you define areas where your card can be used
Limit purchase by the type of merchant
Set limits on the dollar amount
Instantly change your settings, giving you complete control over your credit or debit card.

Interested in Having Your Cards Protected By CardValet®?

If the security of your debit cards and credit cards is a real concern for you, then CardValet® is something you should look into. This is likely a concern for a lot of people. No one wants to worry about their money being stolen and unfortunately, this happens way too often in the world. This product can actually help protect your cards from fraud and put your mind at ease! Learn more and give us a call today! First Bank of the Lake is a local bank and when you work with a local bank, you put your money to work growing the local economy. We share a common commitment to our community with our customers. Also, when you work with a local bank, loan approvals and other key decisions are made locally by people who live in the community, have face-to-face relationships with our customers, and who understands local needs. That's us! We have been a part of this community for over thirty years and it means everything to us. You can feel at home when you walk through our doors because we will treat you with the respect you deserve and offer you the best customer service possible.

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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, January 3, 2020

Winter FUN at the Lake of the Ozarks

Community is everything! First Bank of the Lake has been a part of this community for many years and we believe local banking helps this area grow financially. This bank at the Lake of the Ozarks is here to give you some information on a few of the fun events taking place in this community this winter, in this week's blog. For more information on the savings accounts at the Lake of the Ozarks that can work for you, visit our website at www.FirstBankLake.com.

Source: www.FunLake.com

The Lake of the Ozarks Wedding Expo
Jan 19, 2020
The Lodge of the Four Seasons – Granada Room
315 Four Seasons Drive
Lake Ozarks MO 65049
Phone: 573-216-1683
Email: gary@four2north.com
Website: https://www.getmarriedatthelake.com/wedding-expo/
Hours of Operation: 12 pm to 3 pm

This is a GREAT event for anyone who just got engaged! You can:

Meet potential vendors.
Enjoy food tastings.
Get inspired with the latest trends at the Fashion Show.
Find great deals.
Enter to win $1,000’s in door prizes.

Mardi-Gras Pub Crawl
Feb 08, 2020
Multiple Venues
Lake Area
Osage Beach Missouri 65049
Phone: 800-451-4117 or 573-964-1008
Email: pjones@lakeareachamber.com
Website: http://lakepubcrawl.com
Hours of Operation: 4:00PM - 2:00AM (Busses run until 2:30AM)
COST : $10 Wrist Band - Instead of charging a cover charge at each location buy your wrist band and get into every participating bar/restaurant.

The wrist band is required and includes:

Entry to 16 participating venues
Unlimited entertainment.
All locations will have band or DJ
Bus transportation to all 16 locations.
Pick up and drop off at participating Hotels/Motels. Wrist bands can be purchased the night of the event or before the event at all 16 participating Bars/Restaurants and specific Hotel/Motel sponsors. Sunshine Daydream on the Bagnell Dam strip will have wrist bands available, too!

Pub Crawl Rules

$10 event charge required.
No alcohol is permitted to enter or leave any event location.
Busses will make scheduled stops only.
Must be 21, possess a valid ID, and have a wristband to ride the busses.
Must have wrist band to enter participating Pub Crawl stops.
Drink responsibly.
Service will be denied to intoxicated individuals.

KRMS/Lake 94 Renew your vows for Free
Feb 09, 2020
Bridal Cave/ Thunder Mountain Park
526 Bridal Cave Road
Camdenton MO 65020
Phone: 5733462676
Email: Steve@bridalcave.com
Website: https://www.Bridalcave.com
Hours of Operation: 9 am to 4 pm

For event details, please visit the website listed above.

Pairing Event at Stark Caverns
Feb 14, 2020
Stark Caverns
125 Cave Drive
Eldon MO 65026
Phone: 573-723-1547
Email: michelle@starkcaverns.com
Website: https://starkcaverns.com/valentines-day-pairing-event
Hours of Operation: 6 pm - 9:45 pm

Tickets are $50 per person and are available online until January 31st at www.StarkCaverns.com.
Must be 21 years old to attend.
Valid ID required.

For more event details, please visit the website listed above.

Local Banking Makes a Difference!

Our Lake of the Ozarks bank hopes you enjoyed reading about these fun, thriving events in our community. First Bank of the Lake truly believes that local banking can make a real difference in our community. When you work with a local bank, you put your money to work growing the local economy. If you want to be a part of that and open a checking account here, start your retirement planning, or even start to build your savings automatically, give us a call. You can also learn more about everything we offer on our website at www.FirstBankLake.com.

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First Bank of the Lake - Striving For Excellence

Member FDIC. Equal Housing Lender.