December 2021
As the year is ending, it’s tempting to ignore the “financial” stuff and instead focus on the holidays. But the year-end is a great time to do a financial review and check-in to make sure your financial house is in order. This year-end financial checklist will help you save money, protect your family in the future and set you up for success to hit your financial goals.         

Year-End Financial Check-In

The end of the year is a great time to check in on the state of your family’s finances. Block off 60 minutes to sit down with your spouse or partner (if applicable) and consider the following questions:
  • Did we stay on budget this year? If not, where did we go over or under and why?
  • Did we hit our savings goals for retirement, emergency savings and college funds?
  • Where can we reduce expenses or increase income?
  • What areas of our financial life feel stressful? Which ones feel good?
Use your answers to these questions to create a budget and spending plan for the new year. If there are areas for improvement, note these and make a specific plan to do things differently. For example, if you wanted to save $200 each month and only saved $100, can you sign up for automatic transfers from your paychecks to your savings account?

Make a Debt Payoff Plan

Debt can feel very scary and that’s why many people ignore dealing with it. But the end of the year is a good time to assess your current situation and make a plan moving forward. Start by listing out all of the debt you currently have, including the interest rate and deadlines if applicable. This includes your mortgage, autos, credit cards and student loans.

Then decide what you can afford to pay towards your debt every month. You can adjust this number to meet your debt paydown goals. Consider refinancing or consolidating high-interest debt, to reduce the amount of interest you will pay over time. Set a plan to pay each debt item down by a certain date, and make it a priority before spending money on non-essentials.  

You may be able to save money in the long run by re-financing to a lower interest rate auto loan at FNB Community Bank! Feel free to apply online to see if you could save.

Make a Budget for the New Year

A realistic budget is the best way to ensure your family meets its financial goals. Start by looking at your spending for this year, and get honest about where you can cut back. Prioritize items such as retirement and emergency savings and debt paydown. But also don’t make your budget so restrictive that your family won’t stick to it. And don’t forget to build in a buffer for unexpected expenses!

You can use online or mobile banking to track your spending.
Turn that equity into cash you can use for anything. Take advantage of our special home equity offer.

Exclusive FNB Loan
Competitive Rates
No Closing Costs or Fees

  • First or second mortgages
  • 10 year term
  • WSJP Prime (at the time of closing) + 0.25 = 3.5% fixed*
  • NO CLOSING COSTS 
  • Maximum Loan $200,000
  • 80% Max Loan-to-Value
  • Primary residence only

*With Approved Credit. FNB Community Bank is an Equal Housing Lender.
FNB Community Bank is giving $5 off your purchase at Billy Sim's BBQ to the first 30 people starting at 11 AM on Thursday, Dec. 16th!

Make sure to share with your friends about what you got with the hashtag: #FNBCashMob!

Eat Local, Shop Local, Bank Local!!! Let's come together to show Billy Sim's BBQ our support!

What's an #FNBCashMob?
An #FNBCashMob functions much like a flash mob, but instead of singing and dancing, consumers spend money at a local business. Cash mobs are a fun and exciting way to shop local and spark an economic stimulus for a business! What makes FNB Cash Mobs different from others is that we give a set amount of people with $5 to spend at the place of business that the cash mob is at!
Contactless Payments Now Available
You can now tap to pay for a secure, convenient and touch-free way to checkout where you see the Contactless Symbol.
  • It’s secure – Each tap to pay transaction generates a transaction-specific, one-time code that is extremely effective in reducing counterfeit fraud.
  • It’s convenient – A simple tap is all it takes.
  • It’s touch-free – Tapping to pay with your Visa contactless chip card can help you avoid touching surfaces at contactless-enabled checkout.

Here’s all you need to know to use your new card confidently:
  • Look: Check for the Contactless Symbol on the store’s checkout terminal.
  • Tap: When prompted, bring your card, mobile or wearable device within a few inches of the Contactless Symbol on the checkout terminal.
  • Go: Your payment is securely processed in seconds. Once your payment is confirmed, you’re good to go!

There are no changes to the way payments are made on the Internet or by phone.

For merchants without contactless terminals, cardholders will ‘swipe’ or ‘insert’ their card at the terminal, just as is done today.
Community Events:
Holiday Lights Spectacular Dec. 1st - 25th
Let's Get Social!