Posted On: May 1, 2025 by F & M Community Bank in:

F & M Community Bank and ICBA Support Graduates to Secure Their Financial Futures with Helpful Tips
As students prepare to transition into the workforce, F & M Community Bank and the Independent Community Bankers of America (ICBA) are providing tips to put them on the path to a prosperous financial future.
“As a community bank, we can help new graduates take control of their financial situations and create a plan based on their unique circumstances and life goals,” said Tamsen Leimer, VP Business & Mortgage Banking at F & M Community Bank “We know that the transition to the workforce can be challenging, and we offer support to new graduates who are establishing their financial independence.”
F & M Community Bank and ICBA offer the following tips to help graduates create a financial gameplan during their wealth-building years to set them up for success through their major financial lifecycle events:
- Start a budget. Learn about our online services designed to track and manage your finances.
- Plan for retirement. Allocate a portion of each paycheck for savings and take advantage of employers 401(k) plans and any matching contributions offered.
- Spend responsibly. Comparison shop before making major purchases and stay within budget to avoid jeopardizing your financial goals.
- Establish an emergency fund to cover unexpected events. A good goal is three to six months of net pay. Start small or with a lump sum and build from there.
“It’s never too early to take stock of your financial situation, develop and maintain good financial habits, and create a framework to help meet your financial goals and prepare for unexpected life occurrences,” said ICBA President and CEO Rebeca Romero Rainey. “Reach out to your local community banker to create an action plan to put your finances to work to help ensure your prosperous financial future.”
To learn more about how to take control of your financial future, contact F & M Community Bank.
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.