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10 Financially Savvy Moves for Your 20s

Jars of savings

Posted On: January 16, 2025 by Farmers Trust & Savings Bank in: Budgeting

Everyone knows the adage, “Time is money,” and that adage certainly applies to making the most of your money in your 20s. Those in their 20s have the greatest financial asset of all – time. Time makes money grow when it is invested wisely. Here are 10 financially savvy moves for 20-somethings. Set financial goals. Put them in writing and calculate how much you’ll need to save monthly to reach your goals. Remember to make note of the big and small financial goals – from going on spring break next year to retiring early. Make a budget and stick to it. Limit debt to your ability to pay it off. Monthly credit payments (not including mortgages) should not go over 20% of your net income. Also, start by paying off existing bills before incurring new ones. Start building an emergency fund. This should be equal to three to six months of living expenses and should be used ONLY in the case of an emergency. Save at least 10% of your gross income. Put it in
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Young lady on her cell budgeting

10 Financially Savvy Moves for Your 20s

Posted On: January 16, 2025 by Farmers Trust & Savings Bank in: Budgeting

Everyone knows the adage, “Time is money,” and that adage certainly applies to making the most of your money in your 20s. Those in their 20s have the greatest financial asset of all – time. Time makes money grow when it is invested wisely. Here are 10 financially savvy moves for 20-somethings.

Set financial goals. Put them in writing and calculate how much you’ll need to save monthly to reach your goals. Remember to make note of the big and small financial goals...
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Alexis McCallum, new Real Estate Lending Assistant

Alexis McCallum, new Real Estate Lending Assistant

Posted On: December 20, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is excited to announce the addition of Alexis McCallum to its team as a Real Estate Lending Assistant. This strategic hire underscores Farmers Bank’s commitment to providing exceptional support and personalized service for clients navigating real estate financing.

Alexis brings a customer-first approach to the role. She will be part of a team responsible for streamlining the lending process, supporting borrowers throughout their home-buying...

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Alix Hagedorn, New eServices Specialist!

Alix Hagedorn, New eServices Specialist!

Posted On: November 29, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is excited to announce the addition of Alix Hagedorn to its team as an eServices Specialist. In this role, Alix will focus on enhancing the bank’s digital offerings, ensuring seamless online banking experiences, and providing top-tier support to customers.

Hagedorn, brings 2 years of experience in banking, specializing in digital banking solutions, and customer service. She has a strong tradition of blending innovation with personalized service as...

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Chalkboard drawing about things needed to start a business

Starting Your Own Business? Let Us Help!

Posted On: November 6, 2024 by Farmers Trust & Savings Bank in: Business Banking

The key to starting a successful business is lots of careful planning. If you’re considering starting your own business, consider these tips from the Small Business Administration and Farmers Bank.

Write a Business Plan

No matter what type of business you’re hoping to start, a business plan will act as a guide for getting started as well as for maintaining and growing your business down the road. A good plan defines your business and clearly identifies goals. It...

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Young person trying to buy a car

First Time Car-Buying Tips

Posted On: November 6, 2024 by Farmers Trust & Savings Bank in: Budgeting, Money Management

Buying your first car is an exciting step – but it can also be overwhelming and stressful. If you take the time to do a little research before visiting the dealerships, your first car-buying experience can be a lot less stressful and a lot more fun!

Visit Farmers Bank to get pre-approved for financing.  Our lenders can get you pre-approved for financing at a great rate that fits your lifestyle and budget. You’ll also know exactly how much you can spend, which will give...

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Picture of Anna

Anna Armstrong, New Loan Support & Documentation Specialist

Posted On: October 1, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is excited to announce, Anna Armstrong, as the newest hire to our Loan Support and Documentation staff member, bringing additional strength and expertise to the bank’s dedicated loan support team. The addition of this key role reflects the bank’s commitment to ensuring an outstanding customer experience and seamless loan processes for customers across all loan sectors. 

“We are pleased to announce Anna as our newest team member. Anna...

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Picture of Autumn

Autumn Muilenburg, New Loan Support & Documentation Specialist

Posted On: October 1, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is pleased to announce the addition of Autumn Muilenburg, as a Loan Support and Documentation Specialist staff to the team. Autumn comes with 5 years of banking experience, specializing in fraud, collections, accounting, and loans.

“We are thrilled to welcome Autumn to our Farmers Bank team. Autumn brings enthusiasm and banking experience making her a valuable addition to our organization,” commented Kristy Seaman, VP of Loan Operations.

“I...

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Image of Kelsey Peck

Kelsey Peck, New Teller

Posted On: October 1, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is pleased to announce the addition of Kelsey Peck as our newest bank teller. In this role, Peck will serve customers and continue our commitment to providing exceptional customer service and personalized banking experience.

Peck has a strong background in customer service and management skills. As a Teller, she will assist customers with a variety of banking needs, including deposits, withdrawals, and account inquiries, ensuring that each interaction is...

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Lexi Willman's photo

Lexi Willman, New Personal Banker

Posted On: September 18, 2024 by Farmers Trust & Savings Bank in: General

Farmers Trust and Savings Bank is pleased to announce the addition of Lexi Willman as a Personal Banker to the team. Lexi comes with nearly two years of experience in banking, including retail banking, credit card services, and online banking.

“We are pleased to have Lexi join Farmers Bank. Lexi has a strong banking and customer service background, which will complement her role as a personal banker.” Julie Weaver, VP of Retail Banking.

Willman expressed...

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How Can Identity Theft Affect Me?

How Can Identity Theft Affect Me?

Posted On: September 12, 2024 by Farmers Trust & Savings Bank in: Financial Security

Identity theft can damage your finances, credit rating, and reputation, and complicate many areas of your life. Identity thieves might:

drain your bank account. make purchases with your credit cards. open new accounts (bank, cell phone, utility, credit card, etc.) in your name.  get identity and government documents issued with your name and their photos. receive medical care under your insurance. take out loans in your name. create a false criminal record for you by...
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