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As 2021 begins, the U.S. economy continues to show signs of recovery and resilience. Employment has strongly rebounded with: over 12 million jobs recovered since May; a soaring housing market; the ISM Purchasing Managers Index has returned to pre-pandemic…
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DEAR SHAREHOLDERS AND FRIENDS OF FIRST BUSINESS: During the third quarter of 2020, First Business delivered record loan growth, in-market deposits1, non-interest income, and top line revenue. Our strong fundamental performance was the direct result of exceptional new business development…
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By Christine Waldschmidt, JD, Vice President – Trust Advisor With the COVID-related tax filing deadline extensions this year, it seems we’ve barely closed the books on 2019, but here we are, and the fourth quarter of 2020 is upon us. …
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By Nancy Johnshoy, CFA, Portfolio Manager & Market Strategist As we have said many times, the coronavirus and the economy are very closely linked. Full economic recovery is likely not possible without an effective, widely available vaccine. News on November…
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As the scene of the world changes faster than ever, consumers and business owners need to know how to protect themselves during these unusual times. Unfortunately, fraudsters and cybercriminals are taking advantage of the current COVID-19 pandemic. These bad actors…
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Employees are key to an organization’s success. Although all companies know hiring the right employees is critical, screening for these employees is difficult. Mark Meloy, CEO of First Business Bank,…
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As 2021 begins, the U.S. economy continues to show signs of recovery and resilience. Employment has strongly rebounded with: over 12 million jobs recovered since May; a soaring housing…
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The Weekly Economic Activity Report is your guide to the latest economic insights and banking trends from our seasoned Bank Consulting team dedicating more resources to help your bank achieve…
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By David Schade, Vice President – Treasury Management We saw a number of trends in Treasury Management this year. First of all, clients took advantage of four enhancements made in 2020 response to client feedback. Returned Deposited Check…
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We’re proud to announce the First Business brand and entities, including First Business Trust & Investments, First Business Capital Corp., First Business Growth Funding, First Business Equipment Finance, and First…
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The COVID-19 pandemic took a toll on Kansas City Metro businesses in 2020, but many area executives are optimistic about 2021, according to results of First Business Bank’s Business Statistics…
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The COVID-19 pandemic took a toll on Southeast Wisconsin businesses in 2020, but many area executives are optimistic about 2021, according to results of First Business Bank’s Business Statistics &…
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The COVID-19 pandemic took a toll on Northeast Wisconsin businesses in 2020, but many area executives are optimistic about 2021, according to results of First Business Bank’s Business Statistics &…
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The COVID-19 pandemic took a toll on Greater Dane County businesses in 2020, but many area executives are optimistic about 2021, according to results of First Business Bank’s Business Statistics…
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According to the U.S. Bureau of Labor Statistics (BLS), the median wage for workers in the fourth quarter of 2019 was $48,672 per year for all workers over the age…
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The COVID-19 pandemic has presented a variety of challenges to everyone — and worse, it has presented many opportunities for cyber criminals. With the holidays approaching, during the pandemic most…
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By Dave Shaw, Senior Vice President – Wealth Advisor If you’re considering retirement within the next five years or so, you’re in the retirement “zone.” This is a critical time period…