Blog and News
Blog and News
FirstCapital Bank of Texas Promotes Private Banker to Midland Market President
MIDLAND, Texas – FirstCapital Bank of Texas (FCB) is excited to announce the promotion of Bethany Etheredge (NMLS: 981299) to Midland Market President. Etheredge most recently served as a Private Banker for the financial institution. Originally from Fort Worth, Texas, Etheredge has a bachelor’s degree in agribusiness from Oklahoma State University. Additionally, she attended the […]
Read More >FirstCapital Bank of Texas Appoints New Bank President
MIDLAND, Texas – FirstCapital Bank of Texas (FCB) is excited to announce the promotion of Jeremy Bishop (NMLS: 472431) to Bank President. Bishop will continue to office at the bank’s downtown location in Midland. Bishop has most recently served as the bank’s Midland Market President since 2017. Born in Dimmitt, Texas, Bishop has a bachelor’s […]
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How Do Rewards Checking Accounts Work? + Introducing Kasasa®!
When it comes to taking care of your finances, a checking account is just about as essential a tool as you can imagine. For paying bills, making purchases with a debit card or tracking spending, having a checking account is fundamental. But what if you could make it fun-damental too? Everyone likes being rewarded for […]
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Home Equity Loan: Is it right for you?
As a homeowner, you may be wondering how you can get more out of your home. You’ve invested time and money into your house, so now, how can you make it work for you? A home equity loan can be used virtually for any purpose, including debt consolidation, a child’s education – even a vacation. […]
Read More >FirstCapital Bank of Texas Welcomes New Lubbock Market President
LUBBOCK, Texas – FirstCapital Bank of Texas (FCB) is proud to announce that Trey Saldana (NMLS: 618313) has joined the FCB team as the Market President overseeing the bank’s Lubbock market. “We are excited to have Trey lead our Lubbock team, with his knowledge and experience we are confident in his ability to serve our […]
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Making the Move (Between Mortgages): What You Need to Know
Buying your first home is a big step. Buying your next one can be just as exciting, but it can also be a bit more complicated. In addition to handling all the logistics of a move, there’s the business of getting out of one mortgage into another one. The transition between mortgages can get tricky, […]
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Don’t Let the Fraudsters Get You Down
There’s no question that life is much better when people are honest and forthright, especially when it comes to money. Unfortunately, there’s also no question that that happens far less often than it ought to, which means that it’s always important to be on your guard against scams designed to get you to give up […]
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What to Expect This Year
What to Expect in 2021 The chaos of 2020 took its toll on the finances of countless Americans and forced them to reconsider or adjust long-term plans. And, just as we hoped to turn the page to a calmer financial climate, the early weeks of 2021 brought more uncertainty, with the GameStop “short squeeze” controversy […]
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Financial Resolutions to Make in 2021
As happy as we’ll all be to see 2020 in the rearview mirror, there’s more to making 2021 a better year than turning a page on the calendar. With January approaching, the time has come for many of us to think about New Year’s Resolutions. And, while that diet may not last past February, making […]
Read More >FirstCapital Bank of Texas Named Best Bank to Work For
MIDLAND, Texas – FirstCapital Bank of Texas (FCB) is proud to be named one of the Best Banks to Work For in 2020 by the American Banker and Best Companies Group. The bank was recognized for its outstanding employee satisfaction. Determining the Best Banks to Work For involves a two-step process. The first involves evaluation of participating companies’ workplace policies, […]
Read More >Top Five Reasons to Switch to E-Statements
In a year that’s seen all of us spend more time at home than we anticipated, it only makes sense to try to make things a little less cluttered.
Read More >Protecting Your Business from Cyber Threats: What You Should Know
If there’s one thing we haven’t needed this year, it’s something else to worry about. Unfortunately, thanks to opportunistic hackers looking to take advantage of the COVID-19 pandemic and the business response, that’s exactly what we got.
Read More >How To Keep Your Credit Score Healthy During COVID-19
When the COVID-19 pandemic began in 2020, it brought with it major health concerns, high unemployment rates, social distancing, remote working and learning, and much more.
Read More >Understanding and Avoiding the Comfort Buying Phenomenon
Comfort buying (also known as stress shopping) is a relatively new behavior, indicated by a marked increase in nonessential shopping during the COVID-19 pandemic.
Read More >FirstCapital Bank of Texas SVP, Receives TBA Emerging Leader Award
Shea Ferland SVP, Team Resources Manager of FirstCapital Bank of Texas (FCB) is a proud recipient of this year’s Emerging Leader Award by the Texas Bankers Association Foundation.
Read More >Your Contactless Digital Wallet How-To
Regardless of its popularity, digital wallets can still seem confusing to understand and intimidating to use. But they’re not, really. Here’s everything you need to know about this easy and safe way to make purchases using your FCB Texas debit and/or credit card and your smartphone.
Read More >FirstCapital Bank of Texas Wins Statewide Best of Community Banking Award
The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—recently honored FirstCapital Bank of Texas with a Best of Community Banking (BOCB) Award in bronze for its “Keeping Bank Culture Alive” bank culture submission.
Read More >FirstCapital Bank of Texas Welcomes New VP/Relationship Manager
FirstCapital Bank of Texas (FCB) in Marble Falls is proud to announce that Glenn Bass (NMLS# 1589791) has joined the FCB team as the VP, Relationship Manager at the bank’s Marble Falls branch.
Read More >FirstCapital Bank of Texas Receives TBA Cornerstone Award
FirstCapital Bank of Texas (FCB) is proud to be named a recipient of this year’s Cornerstone Award by the Texas Bankers Association Foundation.
Read More >5 Smart Financial To-Dos You Should Do Right Now.
We’re living in an unprecedented time, both medically and financially. With nonessential businesses unable to operate and many essential businesses operating with limited hours, the United States is in an economic recession that may surpass that of the Great Depression. Whether you’ve been laid off or furloughed recently or want to be proactive in such […]
Read More >FCB Appoints New Dallas Market Presidents
FirstCapital Bank of Texas (FCB) in Dallas is excited to announce the appointment of Taylor Chandler and Garry Grier as the bank’s Dallas Market Presidents.
Read More >How the Right Cash & Treasury Management Service Can Increase Business Productivity and Efficiency
Are you looking to maximize your business cash flow and minimize time-consuming administrative tasks? An effective cash and treasury management solution may be what your business needs. Learn more and see how a tailored program can help you make the most of your money—and time. When it comes to business, time is money. Is your […]
Read More >FirstCapital Bank of Texas Donates to Midland Community Development Corporation Center
FirstCapital Bank of Texas, recently presented the Midland Community Development Corporation (MCDC) with a donation of $4,000.00 to purchase new computers for their staff.
Read More >FirstCapital Bank of Texas Welcomes New EVP/Private Banking Manager
FirstCapital Bank of Texas (FCB) is proud to announce that Chip Glispin has joined the FCB team. Glispin will serve as an EVP/Private Banking Manager for the financial institution’s private banking sector and will office in Dallas.
Read More >Are CDs Still a Good Investment?
Ready to kick off this new year—and decade—with a resolution to save more? If you’ve done your homework, you probably noticed that certificates of deposits (CDs) are consistently among the most debated ways to save. Some praise their security, while others are wary of their lack of flexibility. Who’s right? Let’s examine both schools of […]
Read More >10 Money-Saving Tips to Celebrate This Holiday Season
1.Track Your Spending Thanks to easy account access, most people don’t track their spending—and that can cost you. Take the time to record every purchase you make in the course of a month and you’ll be shocked to see where your money is going. Something as small as your daily $5 coffee ends up costing […]
Read More >FirstCapital Bank of Texas Wins Best of Community Banking Award
MIDLAND, Texas—The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—honored FirstCapital Bank of Texas (FCB) late last month with a Best of Community Banking (BOCB) Award in bronze for marketing. 2019 marks the 28th year that IBAT has celebrated the outstanding accomplishments of Texas community banks with the BOCB […]
Read More >5 Ways to Make Your Checking Work for You
From daily spending convenience to a place to directly deposit your paycheck, a checking account is a basic necessity for most people. But are you really making the most of its untapped benefits? Make sure you’re not missing out on a world of great conveniences, like: 1. Mobile and Online Banking There’s nothing more convenient […]
Read More >CD vs. Savings Account: Which Is Right for Your Future?
Are you among the 26 or 32 percent of Americans who, respectively, have less than $1,000 in savings or none at all? It’s never too late to start or grow your savings, but it’s important to do so in a way that will reap you the most financial rewards. Rather than hiding cash under your […]
Read More >FirstCapital Bank of Texas Named One of the Best Banks to Work For
For the fifth consecutive year, FirstCapital Bank of Texas (FCB) has been named one of the Best Banks to Work For in 2019. The Best Banks to Work For program, which was initiated in 2013 by American Banker and Best Companies Group, identifies, recognizes and honors U.S. banks for outstanding employee satisfaction. Full results of […]
Read More >Emergencies Happen: Are You Prepared?
Natural disasters. Disease outbreaks. Man-made emergencies. While there’s no way to expect the unexpected, you can take proactive steps to prepare for it. FirstCapital Bank of Texas cares about our neighbors and wants to help keep you as safe—and prepared—as possible. Get Your Financials In Order Emergencies, natural disasters, and other times of crisis can […]
Read More >Is Now the Right Time to Refinance Your Mortgage?
When you first signed on the (many) dotted lines of your mortgage paperwork, you likely did so with the confidence that you got the very best rate at the time, based on the housing market and your financial situation. But now some time has passed and you’re wondering if you can save some money by […]
Read More >Fidelity Bank Officially Transitions to FirstCapital Bank of Texas
WICHITA FALLS, Texas –FirstCapital Bank of Texas, N.A. (FCB) – has officially completed the account and system conversion of Wichita Falls-based Fidelity Bank. The combined bank has approximately $1.6 billion in total assets, $1.3 billion in total loans, and $1.3 billion in total deposits with 17 locations across Texas. All bank locations in Wichita Falls, […]
Read More >Is Auto Loan Refinancing Right for You?
When you first bought your car, you chose the loan offer that worked best for you at that time in your life. But now it’s a few years later and your circumstances have changed. Maybe your credit has improved or your other bills have increased and you’re looking for a way to save a little […]
Read More >Why Small Business Week Is Big for Communities
President Kennedy originally signed the proclamation that introduced National Small Business Week (NSBW) in 1963 to bring the country together in celebration of the vital role that small businesses play in our communities—and FCB Texas is proud to continue to honor that tradition. While this year’s NSBW took place from May 5 – 11, you […]
Read More >Teaching Your Children the ABCs of Finance
Children are our future—now more than ever. Even though millennials are poised to outnumber baby boomers in 2019, the next generation—known as generation alpha—is anticipated to be the largest one yet. In fact, the generation alpha population is expected to reach 2 billion by 2025. As the future leaders of the world, it’s vital that […]
Read More >New vs. Used Car: Which Ride Is Right for You?
On the hunt for some new wheels? You’re not alone: 78.7 million cars were purchased globally in 2018 alone. When it’s time to start shopping, you’ll probably put together a list of “musts” and “wants,” like manual or automatic, car or SUV, two door or four door, gas or hybrid—the choices go on. But before […]
Read More >FirstCapital Bank of Texas and Fidelity Bank Complete Merger
First Bancshares of Texas, Inc. – the holding company for FirstCapital Bank of Texas, N.A. (FCB) – has officially acquired Wichita Falls-based FB Bancshares, Inc. – the holding company for Fidelity Bank. FCB, headquartered in Midland, Texas, announced its plans of the merger in November 2018. The combined bank has approximately $1.6 billion in total […]
Read More >Is Debt Consolidation a Good Fit for You?
Are you one of the 80 percent of Americans living with debt? There are a variety of ways in which people find themselves in debt: While the most common form is mortgage debt, which accounts for 44 percent of debt for almost every generation, millennial debt is fairly evenly divided between student loans (41 percent), […]
Read More >Personal Loans and You
The best things in life are free: For everything else, there are personal loans. Personal loans are a great solution to your borrowing needs, whether it’s for a car, a new home or renovation, or other large purchases. Personal loans are very versatile, but they can also be a little confusing. Here are some personal […]
Read More >First Bancshares of Texas, Inc. announces $45million private stock placement
Midland, Texas – First Bancshares of Texas, Inc. (FBT), the parent company of FirstCapital Bank of Texas, National Association (FirstCapital Bank), announced today the closing of a $45 million private placement of common stock to certain institutionaland other accredited investors. The placement was oversubscribed. The proceeds from the placement will be used to facilitate strategic initiatives, […]
Read More >FirstCapital Bank of Texas Celebrates 20 Years of Service
MIDLAND, Texas – FirstCapital Bank of Texas is proud to celebrate its 20th anniversary on Saturday, Nov. 17. FCB opened its doors for the first time on Nov. 17, 1998, in Midland, Texas where the bank’s headquarters remain to this day. Since its beginning, FCB has grown to be a $1.1 billion financial institution encompassing […]
Read More >4 Dos — and 4 Don’ts — of First-Time Home Buying
There are few moments more important—and more exciting—than when you’re ready to buy your first home. Whether you’ve continued to live in your family home while saving money or have put in your time living in an apartment, it’s finally time to have a place all your own. The process of buying a house can […]
Read More >3 Ways to Boost Your Credit Score
“What’s your credit score?” It’s a question you’re bound to hear whenever you’re about to make a major purchase or financial commitment—and the answer can change your life. Whether it’s for a new car, a credit card, school loans, an apartment or mortgage, or, yes, even your dream job, your creditworthiness is a huge factor […]
Read More >The Benefits of a 24-Month Bump CD
Have you ever made a purchase and then shortly after, you see the same item for a lower price? Maybe you have waited to buy something because you thought the price would go down, and then you turn around and the price actually went up. You’re left wondering why you didn’t just make the purchase […]
Read More >Small Business Loan 101
Over the course of my banking career, I have worked with numerous small businesses and if you own a small business or are thinking about starting one, there are a few things you should know when you start preparing to request a small business loan. First, your banker will need information about your business: including […]
Read More >FirstCapital Bank of Texas Receives Torch Award for Ethics
FirstCapital Bank of Texas was named the winner of the 2018 Torch Award of Ethics, by the Better Business Bureau of Amarillo and the Texas Panhandle.
Read More >7 Ways to Avoid a Holiday Spending Hangover
As the holiday shopping season hits the home stretch, the American Bankers Association has identified seven habits that shoppers should embrace to minimize their holiday spending debt. “It’s incredibly easy to go overboard buying gifts for loved ones during the holidays, but spending within your means will help keep your holidays merry and your finances […]
Read More >FirstCapital Bank of Texas Named Finalist for BBB International Torch Award for Ethics
FirstCapital Bank of Texas was recently named a finalist for the Better Business Bureau’s International Torch Award for Ethics. This award recognizes companies that “demonstrate best practices, leadership, social responsibility and high standards of organizational ethics.” Presented by the BBB Institute for Marketplace Trust, the BBB International Torch Award for Ethics competition is open to […]
Read More >5 Ways to Protect Your Small Business from Account Fraud
Cybercriminals are targeting small businesses with increasingly sophisticated attacks. Criminals use spoofed emails, malicious software spread through infected attachments and online social networks to obtain login credentials to businesses’ accounts, transfer funds from the accounts and steal private information, a fraud referred to as “corporate account takeover.” Combating account takeover is a shared responsibility between […]
Read More >8 Tips to Protect Your Identity
According to a recent study, more than 15 million U.S. consumers were victims of identity theft in 2016, up from nearly 2.4 million victims in 2015. As identity theft continues to be a major threat, FirstCapital Bank of Texas is offering tips to help consumers proactively protect their information from identity thieves. In honor of […]
Read More >12 Tips to Protect Your Mobile Device from Hackers
According to the Federal Reserve, more than two-thirds of the U.S. population owns a smartphone or internet-enabled device. As popularity among these devices continues to grow, FirstCapital Bank of Texas is highlighting 12 important steps that users can take to protect their devices from cyber threats. Customers use their smartphones for everything – whether it’s to […]
Read More >FirstCapital Bank of Texas Chairman Ken Burgess Elected ABA Chairman
WASHINGTON — Kenneth L. Burgess, Jr. has been elected chairman of the American Bankers Association for the 2017-2018 association year. Burgess is also the chairman of FirstCapital Bank of Texas, a locally owned and managed independent community bank, currently holding more than $1 billion in assets. “Banks of all sizes — no matter how big […]
Read More >The Equifax Data Breach: What to Do
*This blog piece has been copied directly from the Federal Trade Commission’s website. The original link can be found here. If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major […]
Read More >FCB Appoints New Midland Market President
FirstCapital Bank of Texas, headquartered in Midland, is proud to announce the promotion and appointment of Jeremy Bishop as FCB’s Midland Market President. Bishop has served in various roles at FCB since 2006; most recently serving as the Branch President for FCB’s North branch located at 3708 N. Big Spring. Bishop is a graduate of […]
Read More >SWGSB Foundation at SMU Announces New Appointments to Its Board of Trustees
Dallas, Texas – The Southwestern Graduate School of Banking (SWGSB) Foundation at Southern Methodist University in Dallas has appointed four new trustees to its board, for the term 2017 through 2019: Kenneth L. Burgess, Jr., chairman, FirstCapital Bank of Texas, Midland, Texas; Jill Castilla, president and CEO, Citizens Bank of Edmond, Oklahoma; Brad Cheves, vice president […]
Read More >5-Star First National Bank Soars Above the Competition
It is with great pride that BAUERFINANCIAL, Inc., Coral Gables, Florida, announces that First National Bank, Midland, Texas has earned its highest 5-Star Superior rating for strength and stability. The past few years have been extremely difficult for the banking industry and the fact that First National Bank continues to excel in such areas as […]
Read More >FirstCapital Bank Chairman Testifies
FirstCapital Bank of Texas Chairman and American Bankers Association (ABA) Chairman-Elect Ken Burgess recently testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit in Washington D.C. Speaking on behalf of the ABA, Burgess discussed how Excessive regulation discourages investors from launching de novo banks, thus reducing capacity for economic growth and […]
Read More >FirstCapital Bank Named No. 4 Bank to Work For in U.S.
FirstCapital Bank of Texas has been named one of the Best Banks to Work For in 2016 by American Banker, ranking fourth in the United States and first in Texas. The full list was featured in the Aug. 29 issue of American Banker Magazine. The program, which was initiated in 2013 to identify, recognize and […]
Read More >FirstCapital Bank of Texas Chairman named Vice Chairman of the American Bankers Association
The American Bankers Association’s Nominating Committee has selected the official slate of candidates for ABA officers for election at the association’s annual convention to be held in Los Angeles, Nov. 8-10. The nomination includes FirstCapital Bank of Texas’ Chairman, Ken Burgess, as Vice Chairman. FirstCapital Bank of Texas, along with its Board of Directors, is […]
Read More >FirstCapital Bank of Texas Receives Cornerstone Award
SAN ANTONIO, May 11, 2017 – The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented a Cornerstone Award to Midland-based FirstCapital Bank of Texas for its Purple Cow Challenge. Nydia Andriano, credit administrator, Hazel Halliburton, media relations specialist, and Sarah James, customer experience officer, accepted the award today at the Texas […]
Read More >Community Bank Appoints Chief Lending Officer
FirstCapital Bank of Texas, headquartered in Midland, is proud to announce the promotion and appointment of Scott Nelson as FCB’s Chief Lending Officer. Nelson has served as the Midland Market President for FCB since April 2015. As the Chief Lending Officer, Nelson will work closely with the bank’s Chief Credit Officer. As a graduate of […]
Read More >The Best Kind of Password: Strong and Unique
What makes a password strong? First, let’s talk about what’s not a strong password. The word “password.” Yes, people still use “password” as their password and it’s the worst possible option. Also, any words in the dictionary make weak passwords and should not be used because they’re easily decrypted and not complex. For example, the […]
Read More >The Millennial Generation and Its Effect on the Mortgage Industry
The Millennial generation (often defined as those in the 18 – 34 age bracket) is forcing rapid changes in the mortgage industry. According to a 2016 Pew Research Center report, as the first generation of home buyers consisting of “digital natives,” Millennials are far less trusting of traditional institutions like big banks. And if lenders […]
Read More >How to Protect Your Loved One from Financial Abuse
Financial exploitation is one of the most common forms of abuse committed against older Americans. According to a Metlife study, an estimated $2.9 billion is lost annually to scams explicitly targeting seniors. The American Bankers Association Foundation is urging older Americans and their caregivers to join the fight against financial abuse and take active steps […]
Read More >FirstCapital Bank of Texas Hires Don Cosby
FirstCapital Bank of Texas announced the hiring of Don E. Cosby, former Co-Founder, President and Chief Operating Officer of Carlile Bancshares, Inc., as President of First Bancshares of Texas, the holding company for FirstCapital. In this new role, Mr. Cosby will be primarily responsible for the execution of new initiatives to help support ongoing growth. […]
Read More >FirstCapital Bank of Texas Acquires New Bank Branch
FirstCapital Bank of Texas, N.A. (FCB) has signed a definitive agreement with Independent Bank of Texas (IBTX) to acquire IBTX’s branch located in Marble Falls. The Marble Falls branch was formerly owned by NorthStar Bank. FCB, headquartered in Midland, Texas, will finalize the branch acquisition Sept. 1, 2017. “As a community bank, we value the […]
Read More >Patching Software: Why it’s Critical in Avoiding Cyber Attacks
Software updates are becoming even more important as software vendors patch vulnerabilities “threat actors” are using to infect computers and devices. Not patching is the equivalent of leaving the key to your front door in the keyhole. It’s like saying, “Please, bad guy! Come on in!” “Software vulnerability” is a fancy word for an inadvertent […]
Read More >7 Money Tips Millennials Can Bank On
As millennials face unprecedented financial burdens such as student debt, the American Bankers Association is highlighting seven money tips to help them plan for a financially sound future. “With student debt and high housing costs creating challenges for many millennials, now is a better time than ever for them to map out their finances and […]
Read More >Calculating Your Credit Score
In my last blog piece, I discussed the importance of your credit score, what it means and how it can help you. Now that you know what is considered a good score, let’s learn how your credit score is calculated. How is it calculated? There are five major categories that are considered when a FICO® […]
Read More >Top 8 Reasons to Work with a Local Mortgage Lender
You often you see advertisements, whether online or on TV, that advertise low interest rates with national lenders. In these ads, the national lenders appear to be the best route for homebuyers to take. However, what the ads don’t tell you about are the downsides of working with people you don’t know or people that […]
Read More >Get an A+ on Your Credit Score
Over my years as a banker, I have come to understand how credit scores affect several aspects of our everyday life. But for something that matters so much, there are still plenty of myths and misconceptions out there. Here are some helpful points to understand the credit score world: What the score means … Your credit score […]
Read More >Trying to Get Out of Debt? The Solution May be Right Under Your Nose!
When people think of ways to get out of debt, they usually start with a plan to pay off large sums of their credit accounts. The problem with this is the fact that most people get into debt because they don’t have the money to pay for the things they buy or for unexpected expenses […]
Read More >Preventing Business Email Compromise Attacks
Business Email Compromise (BEC) is a sophisticated scam that continues to grow and evolve. These attacks target people, within a business, who regularly perform wire transfer transactions. The FBI reported a significant increase in losses, in excess of $1.6 billion dollars targeting businesses of all sizes from October 2013 to December 2016 – one fifth […]
Read More >Finances: Tips for the First-time Homebuyers
Fear not first-time financers! We’ve got you covered. Here’s everything you need to know to sound and think like a pro when purchasing your first home. First Things First – Start Working with a Lender Before purchasing or remodeling, it’s critical to establish a budget. Working with a lender from the beginning will help to […]
Read More >8 Ways to Stop an Identity Thief
More than 15.4 million Americans were victims of identity fraud last year, according to Javelin Strategy & Research. The American Bankers Association is offering eight tips to help consumers protect their information and avoid becoming a victim. “Identity fraud continues to be a major problem for consumers,” said Doug Johnson, ABA’s senior vice president of […]
Read More >6 Tips for Spring Cleaning Your Finances
As spring cleaning season begins, the American Bankers Association is encouraging consumers to put a priority on organizing their finances. ABA has highlighted six tips for getting your financial house in order. “With the tax season ending, spring is a great time to take a close look at your budget and bank account,” said Corey […]
Read More >How Your Credit Score Affects the Interest Rate on Your Mortgage
There are a number of ways to find the best mortgage rate; however, it may require a little work on the borrower’s behalf. Often times, the mortgage rates you see advertised are the “best-case scenarios,” and not always the rate offered to most borrowers. The best rates are typically offered to borrowers with a 740+ […]
Read More >New Year’s Resolution: Get Fiscally Fit
With a new year, everyone starts talking about New Year’s resolutions. The most common resolution, which is almost always mentioned, is getting healthy – lose weight, get fit, work out or something else to this extent. However, a great addition to these goals is to become financially fit. So while you are adding these health […]
Read More >Learning to Live Outside Your Comfort Zone
The special thing about the new year is the opportunity it offers us to reset and restart with new plans and goals for our work and personal lives. It is in this spirit of renewal for 2017, that I want to challenge you to take a step outside of your own comfort zone and attempt […]
Read More >So, what’s with all the questions?
I recently purchased a vehicle. When I first ventured onto the car lot, I was promptly greeted by a salesman. I’ll be honest. My inner response to his eager approach was an emphatic “UGH!” I forced a smile and decided to embrace his enthusiasm to “sell me a car today!” Being a banker and having […]
Read More >Make Finances Part of Your Spring Cleaning
Spring has traditionally been a time for cleaning our homes and clearing away the clutter that has accumulated throughout the winter. It’s a satisfying approach to the season because it gives us the feeling of starting fresh. There’s no better way to put a spring in your step (no pun intended) than by freeing yourself […]
Read More >Is a New Home Improvement in the Air?
With springtime just around the corner, it’s a great time to start thinking about making a few changes around the house. Whether you are considering an overall kitchen upgrade with the addition of a new island, new countertops or updated appliances, remodeling that bonus room or putting in the landscaping plan you have been dreaming of, […]
Read More >Decrease Stress by Separating Funds
It is well known that to accomplish a goal, you need to set a plan and then execute your plan. Over the years, I’ve watched people start home renovation projects and then try to attain financing for the project once it had already begun. I’ve seen people go on vacations and then try to get […]
Read More >Tips to Promoting Benefit Programs
We all know it can be tough to get employees excited and willing to learn about benefit changes each year. All the benefits jargon can be confusing to those who do not deal with it on a daily basis, and with all the ACA changes, it is becoming increasingly important to communicate all benefits information […]
Read More >The Value of Working Capital Financing
Working capital represents the cash available to finance the short-term operational needs of an operating business. Often a business does not have adequate cash on hand or asset liquidity (cash flow) to cover daily operational expenses. This is when working capital financing becomes a critical part of the day-to-day need of a viable operating business. […]
Read More >Hurdles in Today’s Home Mortgage Environment
What do you expect to experience when applying for a home mortgage today? Quick turn-around? Less documentation requirements? Less paperwork? Not exactly. Due to the mortgage disaster of 2008-2009 and speculation from many Wall Street firms and some of the large multi-national banks, government regulation was implemented (Dodd-Frank Act) and has completely taken over the mortgage process (with […]
Read More >Prequalifying For Your Home Loan: 5 Benefits
Summertime is in full swing and people are using their vacation time to look for a new home. Most people with school-age children want to make a move before the start of the new school year. Realtors recommend prospective home buyers to be pro-active in getting pre-qualified with a lender before going too far into […]
Read More >Take Control of Your Cash Flow with Efficient Online Payments
Cash is king and it’s the livelihood for all businesses, but especially for small businesses. Managing your cash flow is one of the main skillsets you must have in order to run a successful small business. While licking stamps, writing checks to pay your bills, and making trips to the post office is becoming a […]
Read More >Owner-Carried Notes: What They Are & How They Can Be of Benefit
Many new business owners begin their new business by purchasing an existing enterprise or company from an existing small business owner. When starting a new business venture or trying to expand your existing business, the key is the level of capital (cash) that you will be required to raise to accomplish the new venture. Typically, […]
Read More >Payroll 101
Are you a new or growing business, interested in knowing your payroll options for your employees? No matter the size of your business, payday is one of the most “looked forward to days” of the year…right up there with a birthday or Christmas. Although I know that you are more than aware that one option […]
Read More >Home Buying vs. Renting
This is the time of year that the weather is nice and people want to be outside looking at houses. With the end of school quickly approaching, job transfers will take place and new homes will be purchased. This gives you the summer to move and get adjusted before the new school year starts. The big considerations […]
Read More >Where Did All My Money Go?
In this day of instant gratification, we see a lot more of impulse shopping. Retailers have spent millions of dollars on finding every last way to get you to part from your money. Debit cards, credit cards and now smart phones have made making purchases as easy as ever. So is this the reason why […]
Read More >Business Mobile App: Have you switched the way you do banking?
Have you ever thought about how often you actually visit a bank these days? I tell my husband all the time that I always forget or don’t have time to do my banking business. He quickly responds, “How is that possible, when you work at the bank?” Don’t we all get in such a routine […]
Read More >Why Good Credit Matters
When I turned 18 everyone asked if I would do all of the things people who turn 18 are allowed to do: play the lottery, lease an apartment or house, buy a new car, etc. While some of these might have been helpful, more often than not, they amount to throwing money away. The one important thing […]
Read More >Simple Steps to Save During America Saves Week 2016
America Saves Week (February 22 – 27, 2016) is an annual opportunity for individuals to assess their savings and take financial action. The theme for this year’s America Saves Week is simple: Save Automatically. Try these five simple steps during America Saves Week to help yourself save automatically – and successfully: Assess Your Savings Like […]
Read More >Preferred Stock: What Is It?
When starting a new business venture or trying to expand your existing business, the key is the level of capital (cash) that will be required to accomplish the new start-up or expansion. Typically a business owner will inject its own internal capital partnered with a certain level of bank financing to facilitate the project. Unfortunately, many […]
Read More >Teaching Kids About Online Safety
Did your child receive a computer or smartphone for Christmas? Now is the perfect time to discuss online safety. It’s a conversation that should happen often with your kids no matter their age, but can easily be overlooked. Nowadays, children (and adults) are quick to grab the cell phone, unsuspecting of the risks involved with downloading mobile […]
Read More >Time to Get Social: Why Your Brand Should Be on Social Media– Part II
Social Media Policy & Guidelines is not exactly the most stimulating topic I can think of, but it’s one that you’ll be thankful you have in place. Important components as I see it are: Vision and Goals Employee Engagement Regulatory Compliance Administrator and Representative Expectations Steps for Responding to Negative Posts Anyone that picks up your social media policy should […]
Read More >Fear of Change: Surviving the Bank Switchover
Does the idea of changing your banking relationship bring chills down your spine? Have you dreaded a conversation or a request for lunch because a banker from another financial institution has requested to meet with you or ask you to join them for lunch? Are you thinking, they just don’t understand how difficult- not to mention stressful- […]
Read More >SBA 504 Loan Program… what’s in it for me?
Are you looking to purchase, expand or modernize your company’s business location? Is your business ready for ownership of real estate versus renting a facility? If you’re exploring these options, then the SBA’s 504 Loan Program may be for you. This SBA program, in partnership with your bank, a Community Development Corporation and the SBA, benefits […]
Read More >Stop. Think. Connect: Insights From FCB’s Information Security
Stop. Think. Connect. October is National Cyber Security Awareness Month. Some questions we are regularly asked are, “What can I do to be sure my financial information is secure?” “Can I shop safely online?” “Should I have anti-virus on my phone?” “How safe is the cloud?” “How can I avoid identity theft?” Unfortunately the answer is not […]
Read More >It’s Time to Get Social: Why Your Brand Should Be on Social Media
The Texas Bankers Association recently asked me to speak at their annual Marketing Management Conference in regards to social media. I was immediately both honored and overwhelmed as I thought about the scope of the subject. What about social media? When I think about social media as a brand manager, I boiled it down to […]
Read More >12 Ways to Protect Your Mobile Device
October is National Cybersecurity Awareness Month and with the growing use of mobile devices and crimes targeted at its users, it deserves some special attention. Your mobile device provides convenient access to your email, bank and social media accounts. Unfortunately, it can potentially provide the same convenient access for criminals. FirstCapital Bank of Texas recommends following these tips to […]
Read More >What are my electronic payment options?
With the increasing demand in our digital economy to make everything automated or electronic, do you ever find yourself wondering, do I really have to make this change, or can I keep making and receiving payments the way I always have? I think everyone can admit that there has definitely been a clear movement away […]
Read More >6 Scams That Cost the Elderly
With new scams being introduced daily, it’s no wonder that the spotlight is being shone on educating the nation’s elderly. On August 21st we will observe National Senior Citizens Day, a day created to not only celebrate the senior citizens who have had a positive impact on our communities, but to bring awareness of various issues […]
Read More >Banking at Your Fingertips
I remember as a child, my dad would pay me for jobs I did for him on the farm. I think I made 25 cents an hour. It wasn’t much, but it seemed like a lot at the time. I remember taking the cash to the bank and depositing it in my savings account and […]
Read More >What is this Cash Management Stuff and Is It for My Business?
Years ago when I landed my first job in Cash Management at a large financial institution, I got so many questions from family, friends and even customers about what I actually did for the bank. Everyone could understand in layman’s terms the basic job duties of a teller, lender, branch manager and even lending assistant, but […]
Read More >Building Your Dream Home
In my last blog, I discussed purchasing a residential lot and then holding it for a period of time before beginning to build your “Dream Home.” In this article I will discuss purchasing a lot with the intent of beginning construction immediately. This process has a lot of detail that intimidates many people, however, if […]
Read More >Time: Make the Most of It!
Time – isn’t that always something we are asking for more of? 86,400: that is how many seconds we are given in a day to get as much accomplished as we can. As all of our schedules get busier and busier every year, I am constantly hearing people say, “If I only had more time.” In what […]
Read More >Maintain Good Financial Health Through Regular Credit and Financial Checkups
Do you have a habit of checking your credit report on at least an annual basis? This is more important than ever today, especially as identity theft continues to increase. Thankfully, it is easier than ever to perform this very important review. You can obtain a free credit report once annually through credit services such […]
Read More >Financing Your Dream Home Lot
Once you have made the decision to build your “Dream Home” the first step is to decide which lot to build upon. Your builder of choice may have an inventory of lots for you to choose from or he/she may help you negotiate for a lot in a neighborhood of your choice. If this option […]
Read More >401K – Your Preferred Investment Vehicle
Employer sponsored 401K plans have been in place for many years now. For a majority of investors across America, the 401K plan is the primary and preferred method of investing for your retirement. In years past, an individual could count on Social Security, employer provided pension plans and personal savings for meeting retirement needs. In […]
Read More >Small Business Lending: The Importance of Working Capital
In my last communication regarding the steps to opening a small business, a simple guideline was provided to help you get started in opening a new small business. Once open, the principals of the business have likely injected a significant amount of their own personal cash into the business and, many times, the financing package includes […]
Read More >Account Analysis: To Fee or Not to Fee
To fee or not to fee, that is the question. One of the most widely asked questions I get from my fellow coworkers as well as commercial clients is, “Why was there a service charge assessed on my commercial checking account?” Becoming a little more educated on the actual meat and potatoes of what is […]
Read More >Mutual Funds Can Be Your Key to Investing
Many people are looking for the key to successful investing of their hard-earned dollars. Most folks will look to the best percentage return on a given report, over any given timeframe, and fully expect to receive or beat that return for themselves. This assumption can bring on overwhelming disappointment and presents a bad picture of […]
Read More >A Lesson in Adversity
One of my favorite quotes of all time is by Charles Swindoll and includes the line, “I am convinced that life is 10 percent what happens to me and 90 percent how I react to it.” I’ve tried hard over the years to follow this notion; there are moments when I have succeeded and moments I’ve […]
Read More >To Build or Not to Build, That is the Question! – Part II
In the previous segment, several options were discussed that are available to you as you consider whether to purchase or build a new home. In this next segment, I will discuss some of the important options to consider if you have decided to build. With your builder selected and your plans determined, it will now […]
Read More >Small Business Tips For Big Success
The process of starting a small business is a very difficult, challenging, and daunting task in today’s complicated and ever-changing business environment. How much cash will it require? What are the legal ramifications and economic issues? What type of entity is most beneficial? Who can help with the financial projections? What is the best financing […]
Read More >Time: A Banker’s Secret to Making the Most of Your Daily 86,400 Seconds
Time – isn’t that always something we are asking for more of? 86,400: that is how many seconds we are given in a day to get as much accomplished as we can. As all of our schedules get busier and busier every year, I am constantly hearing people say, “If I only had more time.” In what […]
Read More >5 Easy Tips to Achieve Financial Fitness in 2015!
It’s a New Year, which means it’s time to set your obligatory New Year’s Resolution! If you’re like most Americans, your resolution might have something to do with fitness: either physical or financial. Being a banker, I’m most interested in exploring financial fitness to bring you tips to make 2015 your most financially fit year […]
Read More >To Build or Not to Build, That is the Question! – Part I
When making a decision about purchasing your next residence, have you ever been conflicted over whether you should build a new home or purchase a new or pre-owned home? Either of these options provide for a unique opportunity as you consider your next home. Below are a few thoughts which you may wish to consider […]
Read More >Are You Protecting Yourself Against Check Fraud?
Today, it is not a mere question of IF it has happened to you but WHEN it will happen. I work with businesses on a daily basis and ask them these same questions that I am asking you. On most occasions I get the same recurring comments, “I guess I will deal with it when […]
Read More >Electronic Communication: the Good, the Bad and the Ugly
Today, the “information age” style of electronic communication through email, mobile technology, and social media is transforming our lives at warp speed, both individually and in the business world. Business owners and leaders are now saddled with the responsibility of how to define, prioritize, and manage the effective usage of these delivery systems within the business […]
Read More >Managing Your Financial Health Part III: Business loan applications and what your banker needs to know
In this third installment of “Managing Your Financial Health,” let’s discuss what basic information you will need when you meet with your banker for a business loan. Some of the items below will be actual documentation and some will be verbal discussion items. Whether you have arranged to meet with your banker at your place of […]
Read More >Managing your Financial Health Part II: Develop A Good Business Relationship with a Commercial Banker
Who do you turn to when you are in need of legal advice; when you are in need of medical advice? You would arrange a meeting or consultation with a professional – your attorney or your doctor right? It should be no different when you are considering the financial needs of your business; whether that […]
Read More >How would you rate your financial health?
Do you have a habit of checking your credit report on at least an annual basis? Well, this is more important than ever today, especially as identity theft continues to expand. Thankfully, it is easier than ever to perform this very important review. You can obtain a free credit report once annual through credit services […]
Read More >Qualified Mortgages: How New Mortgage Rules Could Directly Impact You
Most people are not aware that beginning January 10, 2014, the mortgage rules that banks and mortgage lenders have been following for many years changed. The changes resulted from new legislation passed by Congress after the financial crisis. You have probably heard of the Dodd-Frank Act, but you have probably not yet felt its impact. […]
Read More >FirstCapital Bank of Texas announces Amarillo Market Expansion
Midland, Texas, June 7, 2012 – FirstCapital Bank of Texas, a wholly owned subsidiary of First Bancshares of Texas, Inc., a private company, today announced the appointments of Ted T. Awerkamp, Chris R. Koop, Kay Kuhn and Murielle Barnes, to newly created positions in its Amarillo market, according to Ken Burgess, Chairman. “FirstCapital Bank has […]
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