FNB’s 2020 year in review
While 2020 was a crazy year, our teammates worked hard to find new ways to make banking easier and better for you. Here’s a look at a few of the things we did last year.
Tell us about your background: where you grew up, where you went to school, industry experience, and volunteer work. I grew up in Hull, Iowa, and attended Dordt College and Northwest Iowa Community College. After college, I worked in construction and also built houses in Mexico through a non-profit for four months.
In the 1960s and 70s a group of well-known stocks dominated the investment landscape. Dubbed the “Nifty Fifty,” these household names were known for their popular products and seemingly no-brainer investment merit. These companies – such as General Electric, Coca-Cola, and IBM – were the stock market darlings of their day, with consistently growing profits and high price multiples.
If you’ve been paying attention to the headlines, you likely are aware that the next round of Economic Impact Payments (EIPs) has been approved by lawmakers. We wanted to let you know that we are prepared for any needs and questions you might have as you look forward to having some extra cash to save or spend.
Keeping our customers’ personal and financial information secure is one of the most important parts of what we do as a financial institution. We have many security protocols in place, from the physical security of our buildings to the security of our networks.
The First National Bank in Sioux Falls has been named the 7(a) Dollar Volume Lender of the Year by the South Dakota District Office of the U.S. Small Business Administration (SBA). The Bank earned the honor by making the highest dollar volume of SBA 7(a) loans during the 2020 fiscal year.
When Linnea Janssen first started working at Farmers State Bank in Flandreau in 1977, she could never make plans to celebrate New Year’s Eve. Instead, she spent her New Year’s Eves assisting bankers with hand tabulating interest accruals at the end of each year. “When I started, we didn’t have computers,” Janssen reminisced.
The holiday season is upon us! As always, it’s a busy time of year and we want to make sure your banking needs are taken care of. Below you can find our holiday hours. Thursday, December 24: Open until Noon. Mobile Deposits must submitted by 10:00 a.m. to be posted on the same day. Requests for Wire Transfers need to be received no later than 11:00 a.m.
We’ve always known that we have the best and brightest teammates here at First National, and the American Bankers Association (ABA) agrees! We’re excited to share that our Chief Wealth Management Officer, Adam Cox, has been named to the ABA’s inaugural 40 Under 40 in Wealth Management.