News & Resources

Inflation is Putting Pressure on the Economy

Inflation is Putting Pressure on the Economy

As first seen on biztimes.biz John J. Gonner, CFA First Community Trust, N.A. July 1, 2022 Many times since the financial crisis 14 years ago, experts have sounded the alarm about the coming inflation, but it failed to materialize.  Well, it has arrived.  The Consumer...

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Diane Derifield Announces Plans to Retire

Diane Derifield Announces Plans to Retire

FCT Vice President, Diane Derifield, has announced her plans to retire on March 31st. Diane has been an integral part of the FCT team for many years. She brought decades of experience working in the trust industry and passionately helped her clients. Prior to joining...

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The markets have a ‘real’ problem

The markets have a ‘real’ problem

As first seen on biztimes.biz. By: John Gonner, President & CEO and Chief Investment Officer The yield you see quoted in the news for a bond is called the “nominal” rate. For instance, as I write this article the yield on the 10-year Treasury Bond is 1.4%. That is...

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FCT’s John Gonner Featured on CUbroadcast

FCT’s John Gonner Featured on CUbroadcast

As first seen on CUbroadcast. First Community Trust’s President and CEO John Gonner recently interviewed with CUbroadcast’s Mike Lawson about why more bank owners are turning to credit unions as potential buyers, as well as how to ensure a bank/credit union merger is...

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Credit Unions Face Increasing Healthcare Premium Costs

Credit Unions Face Increasing Healthcare Premium Costs

Pre-funded Employee Benefit Accounts can help Mitigate Rising Costs IOWA – As benefit renewal season approaches, employers face another year of escalating premium costs. Employee benefits like healthcare are critical for attracting and retaining a quality workforce...

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Investors should keep an eye on inflation

Investors should keep an eye on inflation

The economy is booming.  The Federal Reserve’s forecast for GDP growth for this year is now up to 7%.  That would be the fastest growth since 1984.  Incidentally, in 1984 the 10 year Treasury bond yield averaged 12.46%, today it is about 1.46%. Helping to fuel the...

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