Business Banking

With the flexibility and freedom of self-employment comes the tricky challenge of managing your finances properly. Whether you’re new to the freelancing field or already know your way around the ropes, a quick money refresher is always a good idea. Below are our top money management tips for the self-employed.  Have a Plan  Budgeting is just as important in your freelance business as it is in your personal life. This may be tricky with the inconsistencies in your income Read More

Have you ever considered a farm loan, but weren’t sure what it involved? Good news - we’ve got the answers! Keep reading to learn more.   What is a farm loan used for?  A farm loan is for farmers or ranchers who want to purchase, sustain or expand their family farm but aren’t able to get credit elsewhere in order to do so. Read More

You’ve heard big banks advertise their services all over the world, but most consumers don’t realize all of the benefits that come with banking local. When it comes to customer service, banking fees and ethical choices, banking local is the smart choice, and we’ll tell you why.  Great Customer Service  Because local banks have less customers than your average megabank, the employees have the chance Read More

Did you know that 43 percent of cyber crimes target small businesses? Because many large corporations are pushed into the spotlight after suffering from a data breach, many Americans aren’t aware that small businesses have a continuous risk of cyber attacks as well. While you may not always be able to prevent a phishing scam or Trojan horse, you can proactively set standards and guidelines to help keep you and your employees safe.  At Exchange Bank of Northeast Missouri we want to help Read More

Is 2017 the year to venture into opening your own business? With start-up companies popping up like daisies, a great idea and an established business plan can make all the difference. Once you start planning your next entrepreneurial adventure, be sure you keep these top business DOs and DON’Ts in mind:   DO: Include one year’s operating expenses in your business plan. DON’T: Count your profit before you achieve it.   One of the most common reasons a business Read More