How Do I Prepare a Personal Financial Statement?

March 26th, 2020
How Do I Prepare a Personal Financial Statement? image

When was the last time you had a “fiscal checkup”? When it comes to long-term financial planning, preparing a Personal Financial Statement (PFS) is one of the best ways to assess your current situation and keep yourself on track to meet goals. The PFS is a relatively simple document that lists what you own (assets) and what you owe (liabilities). You can use budgeting apps like Mint to review your assets and liabilities or download our blank FNBN PFS Form. When you are finished, you will have computed your personal net worth. If you already have a PFS, it’s a [ read more ]

7 Ways to Get Ready for Tax Season

December 10th, 2019
7 Ways to Get Ready for Tax Season image

Each year, the IRS receives over 100 million individual income tax returns. As the year winds down, it’s time to get ready for tax season and the April 15 filing deadline. No one looks forward to filing their tax return unless you’re expecting a good refund, but it’s always better to be on time than to risk penalties. As the saying goes, the only certainties in life are death and taxes. Luckily, tax filing doesn’t have to be painful. Here are our best tips for an easy tax season. Get Organized The first step is to gather the necessary forms, [ read more ]

A Financial Guide for New Parents in Bucks County

May 31st, 2019
A Financial Guide for New Parents in Bucks County image

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 ]

2019 Bucks Happening List Winner

March 27th, 2019
2019 Bucks Happening List Winner image

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 ]

6 Habits of Successful Savers: Frugal Living for the 21st Century

March 22nd, 2019
6 Habits of Successful Savers: Frugal Living for the 21st Century image

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 ]

Tips for Starting Your First Business in Bucks County

December 27th, 2018
Tips for Starting Your First Business in Bucks County image

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 ]

Personal Finance Guide for the Newly Single

November 28th, 2018
Personal Finance Guide for the Newly Single image

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 ]

Cybersecurity Tips for Your Business in Bucks County

October 19th, 2018
Cybersecurity Tips for Your Business in Bucks County image

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 ]

A Guide to Building or Improving a Home in Bucks County

September 18th, 2018
A Guide to Building or Improving a Home in Bucks County image

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 ]

A Guide To Buying Your First Home In Bucks County

August 22nd, 2018
A Guide To Buying Your First Home In Bucks County image

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 ]

Older Entries »