Do You Need Help Financing Your Wedding?

A wedding is a beautiful day filled with love and commitment. Many consider it the biggest day of their lives. It’s a day you’ll spend months planning for and the rest of your life remembering.

It’s also a day you could spend years paying for. While most couples spend less than $15,000, the average cost of an American wedding is over $25,000. Most couples need help financing a wedding and First Bank can help you take the first step down the aisle. With First Bank, tying the knot doesn’t have to mean tying up your finances.

Types of Personalized Financial Options

Here are some ways First Bank can help you finance your wedding.

Take out a loan. Our personal loans offer competitive rates and flexible terms and won’t burden you with debt.*
Open a First Bank credit card. Our rewards-earning credit card** allows you to buy what you need for your big day and then earn rewards.
Take out a home equity line of credit. These can be used to make the large purchases required for the wedding of your dreams.

Get Financial Help Beyond the Wedding

In addition to helping couples finance a wedding, First Bank can provide financial support for the ensuing marriage through services such as savings accounts, life insurance, IRAs, health savings accounts, CDs***, home mortgages, homeowner’s insurance, estate services and more.

First Bank has more than 100 locations in the Carolinas to help couples achieve their dream. If you need help financing a wedding, First Bank can be your best man or maid of honor.

*Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated.

**See our Terms and Conditions for complete details on our One Rewards Program. Loans subject to credit approval.

***CDs are subject to penalty for early withdrawals prior to maturity date. Penalty will reduce earnings. Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value

———

Sources:

Cost of Wedding: http://www.costofwedding.com/

Share:

Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.

First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Banks Near Me When you are trying to find banks near you, there are many options. With so many choices, it can be hard to be sure you’re choosing the right bank for you. At First Bank, we care about the needs of our customers. That is why our banking options are designed to meet the unique needs of our customers. First Bank’s first branch opened in Troy, North Carolina, where we were known for helping local businesses and farmers manage their finances throughout the 40s, 50s, and 60s. Today, we’re still known for our community values, and we serve businesses, families, and customers in North Carolina and South Carolina. There’s a First Bank Near You Chances are if you’re in one of the states we service, there’s a First Bank near you. And it offers a range of services from personal banking to wealth management. Some services we offer include: Personal checking accounts, savings accounts, and credit cards with benefits* Personal loans and lines of credit* Business checking accounts, savings accounts, debit cards, and group banking Business loans and credit cards* Merchant services like payment processing, reconciliation and reporting, and check collection Treasury services, such as payroll direct deposit and deposit services Wealth management services* Insurance for individuals and businesses We want to make the needs of our customers are met. Whether you need a savings account, a business loan, or auto insurance. We strive to be a bank near you that is worth more to you. The Best Banks Nearby Visit our website to discover more about First Bank. Our team of banking experts are ready to answer any questions you have about First Bank and the services we offer. *Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value. Loans subject to credit approval. See our Terms and Conditions for complete details on our MasterCard® programs. ©2013 MasterCard. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. ——— Sources: Investopedia: http://www.investopedia.com/terms/h/homeequityloan.asp Investopedia: http://www.investopedia.com/terms/l/lineofcredit.asp Investopedia: http://www.investopedia.com/terms/r/reconciliation.asp 2 min read

5 Money Saving Tips for Young Adults When you’re young, saving money can seem like an impossible task. It’s easy to see your paycheck as a way to get by month to month and not a way to prepare for the future and save for financial difficulties. But putting just a little money aside each month can make a world of difference. These five money saving tips for young adults can help you get started on the path to future financial success. Five Ways to Save Money as a Young Adult 1. Make a budget. You’ve heard it before. Creating and sticking to a budget is one of the best ways you can save money. Making a budget doesn’t mean you have to give up fun for the rest of your life. By creating a budget, you’ll be able to see where your money is going each month and allocate funds to saving, bills and entertainment. Try using MyMoney within online and mobile banking to get started. 2. Don’t wait to save and invest. Saving and investing may seem like a challenge right now, but putting away just a few dollars a week can have a big impact. Use your budget to see how much money you can put into your savings account each month. And as for investing, if your employer offers a 401(k) account, U.S. News recommends deciding how much of your salary to contribute and increasing it as time goes on. 3. Save one-third of your income. If you aren’t sure how much you should save, U.S. News also recommends saving one-third of your income if you can. By saving $1 out of every $3 you earn, you are making it easier on yourself to survive future financial difficulties, such as layoffs, car repairs, home repairs, and other surprise expenses. 4. Start an emergency fund. Another good way to save for financial hardship is to start an emergency fund. Investopedia recommends putting some money into a high-interest savings account, CD or money market account. 5. Pay off your debt. While putting money into savings is a good way to prepare for your future, you should also be concerned about paying off your debt. You should be aggressive about paying off your debt and careful not to let your credit cards spiral out of control. For 3 min read

Learn How Much You Should Be Saving Each Year Wondering how much you should be saving each year? Many specialists believe in the 50/20/30 budget: 50% is spent on necessary expenses (e.g. credit card bills, rent), 20% of your income is put into savings, and 30% is left for your luxury expenses (e.g. a new TV, restaurants). By following this rule, you can comfortably begin saving for retirement or an emergency fund while having enough to make ends meet. How Much Should I Be Saving? While there’s no one-size-fits-all answer to how much you should have saved, there are some goals you should focus on during your 20s, 30s, 40s and beyond. Here’s a recommended savings road map to guide you at any age: 20s: Focus on building your credit, paying off loans and save something each month. Even if you’re not able to save quite up to 20% of your income, try starting at 10%. 30s: Allocate more money into savings, especially if you’re thinking about starting a family, buying a new home, or taking on a few home repairs soon. You should be putting at least 15% of your income into savings, if not more. Additionally, you should continue to pay off all non-mortgage debt. 40s: Get your credit card debt under control and up the amount you’re putting away into savings again. By this time, you should aim to have more than your current salary put away in savings. 50s: Max out your retirement contributions and pay off your mortgage. You should aim to have as much of your income and investments working towards your retirement goals as possible. Ideally, you have more than two times your current salary set aside in savings. Start Saving for Your Future Today Changing the way you spend can feel overwhelming at first and requires discipline. However, in time, you’ll get used to what is necessary and how much of your luxury expenses can be cut or limited. Take charge of your finances and invest in your future. For more questions about how much you should be saving each year, or how to get started, contact your local First Bank branch today! ——— Sources: Experian: https://www.experian.com/blogs/ask-experian/how-much-should-you-save-each-month/ Huffington Post: http://www.huffingtonpost.com/simple-thrifty-living/in-your-20s-40s-60s-the-b_b_5686551.html Money Under 30: http://www.moneyunder30.com/how-much-do-you-need-to-have-saved-for-retirement 2 min read

Best Checking Accounts – North Carolina First Bank strives to provide our customers with the best checking accounts in North Carolina. That is why each of our checking accounts comes with unique benefits such as free online and mobile banking and free online bill pay. Compare Checking Accounts from First Bank in North Carolina First Bank strives to provide our customers with the best checking account options. That is why each of our checking accounts comes with unique benefits and features. Our checking account options include: Everywhere Checking — our most basic account. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Everywhere Plus — earn interest on the money you save. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Interest at a minimal balance requirement* Everywhere Premium — enjoy premium benefits. Free online and mobile banking* Free online bill pay Free eStatements or paper statements No transaction fees on out-of-network ATM withdrawals Earn rewards points when use your eligible First Bank credit card* Free member checks or 50% discount on alternate check designs 4 free official checks per statement cycle Interest at a minimal balance requirement Campus Checking — an account specifically for students under 25. No monthly maintenance fees Free online and mobile banking* Free online bill pay Free eStatements or paper statements No First Bank transaction fees on 8 out-of-network ATM withdrawals per month Earn Rewards Points at hundreds of online retailers when you use your eligible First Bank credit card Senior Checking — for customers over 55. Free online and mobile banking* Free online bill pay Free eStatements or paper statements Earn rewards points when use your eligible First Bank credit card* Free basic checks or 50% off other designs Checking Account Comparison Chart We have an easy-to-scan checking account comparison chart to help you find the right fit account. Why First Bank? First Bank has evolved to meet the needs of our customers. We started out as a small bank in a small North Carolina town, helping local farmers and businessmen manage their finances. Since then we have expanded our services and clientele over three states, and we 4 min read

Do You Need Help Financing Your Wedding? First Bank Can Help!

Ready to talk to an expert?

Types of Personalized Financial Options

Get Financial Help Beyond the Wedding

Ready to talk to an expert?

You may be interested in...