All posts in First Bankers Trust

First Bankers Helps Small Business Owners – Testimonials

First Bankers Helps Small Business Owners – Testimonials

First Bankers Trust Company is a bank holding company whose primary mission is to help local community businesses and organizations meet financing needs. First Bankers is represented on ESOP Marketplace via a number of its ESOP advisors who offer employee-owned companies expert guidance when it comes to succession planning, governance and more.

The First Bankers website features a number of testimonials from small business owners who have benefited from an ongoing business relationship with the company. One of these tells the story of a burgeoning pet grooming business in Rushville, Illinois. The owner has had a relationship with First Bankers since 2009, when she took out a home mortgage; when it came time to open a business, First Bankers was there for her with a business loan and expert advice that helped her through the first difficult stages of setting up a business.

Read the rest of the story on the First Bankers website, and check out ESOP Marketplace listings to see how First Bankers ESOP advisors can help your business as well!

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First Bankers Trust Helps Town Refinance Bond

First Bankers Trust Helps Town Refinance Bond

First Bankers Trust is based in Quincy City, Illinois, and recently helped the city save a significant sum by refinancing a construction loan that city authorities had taken out to build Oakley Lindsay Center, a major regional convention hub in the area between St. Louis, MO and Iowa City.

The convention center opened in 1995, at a cost of $8 million. This year, the city still had $825,000 in principal left to pay on the bond sold to finance construction, at 5.75% annual interest. First Bankers Trust refinanced the city’s loan at an annual interest rate of 1.2%, which promises to save the city over $72,000 over four years.

First Bankers Trust is proud to help its home town manage its budget in a more efficient manner.

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