Thu, March 28, 2024

Financial/Investing

B2B Stories

Investment experts discuss employer-sponsored retirement plans

Tony Mariano wants his employees to know how to fix toilets and water leaks, but he also wants them to plan for the future. “They know plumbing, but they don’t understand finance,” he said. Mariano, service manager for FlowPro Plumbing, said the company wants to start offering a retirement plan. He was one of many home services professionals who attended this month’s CSRA Home Connections meeting on Wednesday, Sept. 14. This month’s speakers were Joshua Linton and Michael Koltz, Vice Presidents and wealth planners for Queensborough Investments. They discussed the

Read More »
B2B Stories

Power Lunch will explain the value of credit reporting for small businesses

Credit reporting can be a benefit for a small business – it can help a lending institution evaluate your business’ credit worthiness. SRP Federal Credit Union is hosting a lunch to help business owners understand what it all means. SRP’s Community Development and Business Banking teams will present the first session of the SRP Small Business Power Lunch series at 11:30 a.m.-1 p.m. on Aug. 10 at the WOW Club at SRP Park in North Augusta. Lunch will be provided. Reservations are needed by Sunday, July 31. For more information

Read More »
B2B Stories

SRP Federal Credit Union announces new CEO

Eric Jenkins will become the new Chief Executive Officer of SRP Federal Credit Union on Sept. 1. He will succeed interim President, Woody Shuler. Jenkins, a graduate of the University of South Carolina, had served as CEO at Education Credit Union in Amarillo, Texas. “The Board is pleased and excited that Mr. Jenkins will be joining the SRP team as CEO,” said SRP Board Chair, Sandra DeVoe Bland. “His energy, leadership, and vision, fit well with SRP. The Board feels that Mr. Jenkins is the perfect leader to continue and

Read More »
B2B Stories

SRP gives teens a dose of financial reality

  Patti McGrath is a Marketing Specialist II at SRP Federal Credit Union. She has worked in marketing for more than 25 years and has five years in the credit union industry. Joining the SRP team has been rewarding for her due to their involvement in the community, especially regarding financial literacy. She wanted to share one of her experiences with you, our readers.   On Wednesday, July 20, about 30 teenagers representing numerous area high schools gathered at SRP Park’s WOW Club for a morning of interactive learning at

Read More »
B2B Stories

Local financial expert says history shows rewards await the patient investor

It looks like some Baby Boomers might be hanging out in the job market a bit longer. The Center for Retirement Research at Boston College estimates that retirement accounts collectively have lost more than $3 trillion since January – $1.4 trillion in 401(k)s and $2 trillion in IRAs. That has a lot of people near retirement age nervous about their future. “That is something that concerns retirees,” John Travis, a financial advisor with Richard Young Associates in Augusta, said. “That is a real fear.” So far this year, the index

Read More »
B2B Stories

CSRA bank celebrates 120th anniversary

When Queensborough National Bank & Trust was founded, Teddy Roosevelt was in the White House. The local bank just celebrated its 120th anniversary. Founded in May 1902, it was originally called the First National Bank of Louisville, which is a small town located about an hour from Augusta. Queensborough now has 27 locations in towns throughout Georgia, including Augusta, Waynesboro, Sylvania, and Statesboro. The bank, which was established with only a few employees, now has a staff of more than 350 people, and currently manages more than $2 billion in

Read More »
B2B Stories

Don’t panic! Patience is the key to weathering uncertain stock market, financial advisor says

The stock market seems stuck in a downward slide in recent days, and that has made some people nervous about their investments. But Ryan Borders, a certified financial planner with Richard Young Associates in Augusta, says now is the time to wait, not panic. “It is tempting (to panic) because we’re emotional beings,” Borders said. “But you have to take a broader approach. Technically, you’re not losing any money until you sell.” Borders said there are two opposing approaches to investing – time in the market vs. timing the market.

Read More »
B2B Stories

Mondays with Rick: Sales is important for every size of business

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he discusses the importance of being in sales, no matter what business you’re in. The interview has been edited for clarity and impact. ABD: For many people, their image of a salesperson is a pushy car salesman, or for us older folks, someone like Herb Tarlek from the old WKRP in Cincinnati TV show. When you talk about sales, what’s different? Rick: It’s not like the

Read More »
B2B Stories

Mondays with Rick: Hull College students help local businesses solve problems

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he discusses unique ways Augusta University students interact with local businesses. The interview has been edited for clarity and impact. ABD: You recently were involved in two events that brought Hull College students in contact with the “real world” of local businesses. Tell us about the first one. Rick: The first one involved the Jessye Norman School of the Arts. They held a Shark Tank-type contest

Read More »