The First to Know Blog

In Pricing the Priceless Child: The Changing Social Value of Children, Princeton University Sociologist Viviana A. Zelizer characterizes modern children as “economically worthless but emotionally priceless.” In other words, kids are no longer expected to help run the family farm or go to work in a factory to contribute to the family’s bottom line. Instead, parenting is an emotionally rewarding but expensive activity. Parents pour their financial and emotional resources into their children, hoping to raise happy and healthy adults who will maintain close relationships with the family. Whether you are already expecting your first child, or simply getting ready [ read more ]

We’re proud to announce that The First National Bank & Trust Co. of Newtown has been selected as Bucks County’s Best Bank in the 2019 Bucks Happening List! This is the fourth year in a row that we have been chosen as the Best Bank, and we would like to extend our heartfelt thanks to everyone who voted for us. Since our founding in 1864, it’s been our mission to provide stability to our community by offering reliable financial products and sophisticated trust and wealth management services. We reinvest in our community by providing individuals and businesses with the financial [ read more ]

Before the introduction of credit cards in the mid-20th century, saving wasn’t just a good habit; it was a necessity. If you didn’t save for a rainy day, you would have nothing to fall back on when hard times hit. Today, credit can be a double-edged sword. It grows our economy and improves standards of living. However, in the wake of the Great Recession, many Americans suffered the consequences of an overreliance on credit. As Bucks County’s oldest community bank, The First has helped generations of local Bucks families and individuals navigate a changing economy. In financial boom times as [ read more ]

If an unexpected expense of $400 or more came your way tomorrow, would you be able to cover it? Four in 10 American adults could not, according to The Federal Reserve’s most recent Report on the Economic Well-Being of U.S. Households. That statistic became national news in January, as furloughed government employees visited food pantries, signed up to become rideshare drivers, and relied on credit cards to survive the long shutdown. Here in Bucks County, local businesses such as Jules Thin Crust, The Pineville Tavern, and Bucks Co. Children’s Museum offered free food and admission to unpaid federal workers and their [ read more ]

Today’s workers face an entirely different retirement outlook than their predecessors. Gone are the days of employer-sponsored pensions for most jobs. Instead, Americans must take an active role in planning for their own retirement. In this environment, the role of the Financial Planner has become even more important. Contrary to what you may think, financial advisors aren’t just for people who already have a lot of wealth. Here in Bucks County, The First has been helping local individuals and families meet their financial goals for generations. Our professional team can help you accumulate assets for retirement and meet other objectives. [ read more ]

Are you getting ready to start your first business in Bucks County, Pennsylvania? Your choice of location couldn’t be better. Bucks County’s many boroughs and townships are home to a diverse set of industries and an educated workforce. With a higher median income than the state average, county residents have more money to spend on your goods or services. Located just north of Philadelphia, and south of Princeton, NJ, opening a business in Bucks puts you in a central location to take advantage of the energy and dynamic economy of these two metro areas. One thing entrepreneurs all have in [ read more ]

Everyone knows that divorce brings change. From your social circle to your living arrangements, you’ll spend the next year or more adjusting to this new stage of your life. Your everyday responsibilities may multiply as you suddenly become accountable for running a single household. After you switch names on your utility bills and divide financial accounts, you may find yourself unsure of the next steps. If your previous partner managed the household finances, it’s time to shake the dust off of life skills such as creating a budget, choosing financial accounts, and planning for taxes. Whether you’re navigating this process [ read more ]

Major data breaches by large corporations make frequent headlines, causing concerned consumers to wonder about the security of their online interactions. The ensuing concerns are painful for all involved–customers face identity theft concerns and companies face the fallout for breaking their customers’ trust. Since most stories that make the news involve multinational companies, small businesses can be lulled into a false sense of comfort. Unfortunately, the reality for small to medium-sized businesses (SMB) is sobering. According to the U.S. Congress Small Business Committee, 71% of cyber-attacks occurred at organizations with less than 100 employees. Small businesses are frequently under-resourced with [ read more ]

With a great variety of rural, suburban, and small-town municipalities to choose from, Bucks County has something to offer every type of home construction plan. And as a reliably desirable place to live for families and young professionals, you can count on a home improvement project to increase the value of your home. The First is Bucks County’s oldest locally-owned bank, helping generations of residents realize their dreams of homeownership. If that includes building your own home or improving the house you live in, we can help with a home construction loan. Keep reading to learn everything you need to [ read more ]

Whether you’re a single person, newly married couple, or young family looking to put down roots, the process of buying a first home can be both exhilarating and overwhelming. That’s why we created this guide to buying your first house in Bucks County. From answering the not-so-simple question of how much you can afford, to mapping out your budget as a homeowner, we’ll walk you through the process of moving from home browser to homeowner. When you’re ready to start, our First-Time Homebuyer Program offers localized expertise and assistance to buyers just like you. How Much House Can You Afford? [ read more ]