Kara Tesch, Author at The First National Bank in Sioux Falls

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Former Raven Industries executive leaves corporate world, finds fulfillment in new business venture

Lon Stroschein’s story started with a local farm kid earning his education at South Dakota State University. Fast forward 20 years and he had climbed the corporate ladder to become an executive at Raven Industries — but he no longer felt fulfilled.

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How does an election year affect my investments?

First National Wealth Management

Each election year, many investors scratch their heads wondering about how the upcoming presidential race will affect their investment portfolios. Their TV screens are plastered with political ads, their phones are bombarded with campaign text messages, and the 24-hour news cycle becomes oversaturated with updates, hot takes, and the latest polls.

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Two new bankers join First National Ag Team

First on the Farm Newsletter

With growth in the ag industry, we are also experiencing growth on the First National Ag Team. We would like to welcome two new Ag Bankers, Darby Martin and Jeremy Zink! Darby Martin Darby grew up on a farm near Platte with four older brothers, which fostered her passion for agriculture.

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Neighboring women-owned small businesses create ‘experience’ in downtown Sioux Falls

Women in Business

On the outside, it might seem like a bridal shop and a toy store would have nothing in common. That’s not the case for Marie and Marie Bridal and Child’s Play Toys. Located along Phillips Avenue, these neighboring women-owned small businesses are both focused on offering an “experience” in their respective industries and bringing life to downtown Sioux Falls.

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Cutting up curtains: Rebekah and Nick Scott talk business journeys, 'how we money'

It all started with cutting up curtains. It’s a true story, but it also contains a metaphor that any entrepreneur could relate to. “At one point, I ran out of money for supplies,” said Rebekah Scott regarding the origins of her handmade purse and accessories business, Rebekah Scott Designs.

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Insuring Your Success: Risk management considerations for summer 2024

First on the Farm Newsletter

This article was written on June 15. For up-to-date information regarding recent flooding, please contact your banker. Although spring rains created planting delays and even prevent plant decisions in some areas, they were welcomed by most. At this time last year, all of eastern South Dakota and parts of western South Dakota were categorized by U.S.

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Which retirement accounts should I withdraw from first?

First National Wealth Management

Heading into retirement can lead to a lot of financial questions. You’ve just spent much of your working career prioritizing saving, accumulating assets, and preparing for the future — including retirement.

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Owners of ag retailer Lakeco Crop Services recount 2019 flooding, banking partnership

First on the Farm Newsletter

The year was 2019, and flooding was rampant across southeastern South Dakota. It started in the spring with heavy snowfall that was abruptly followed by a quick snow melt. And if that wasn’t enough to derail the state’s #1 industry, severe storms in the late summer caused record flooding in agricultural communities such as Dell Rapids.

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Maximizing your giving impact: Founder of local nonprofit consulting firm shares insights

Common Cents on the Prairie™

Cindy Peterson wants everyone to view themselves as a philanthropist, whether that means giving of your time, talent, or treasure. The founder and CEO of Maximizing Excellence, a nonprofit consulting firm in Sioux Falls, joined our podcast, Common Cents on the Prairie™, to share insights on maximizing your giving impact. Keep reading for a recap of my conversation with her.

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Travel Checklist: Keep your money safe while you're away

Before you board that plane, hit the beach, or check in to your hotel, it’s important to make sure you keep your money safe while you’re away. Our travel checklist includes a few tips to ensure worrying about finances doesn’t ruin your trip! Let us know before you go We’re always on the lookout for suspicious activity.

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