Balance Magazine - June 2010

Jan Viano"Whether your student starts college in the fall of 2010 or 2028, it is important to start planning for college financing now."

Janet M. Viano
Executive Vice President, Director of Retail Sales & Service

Over the next few weeks, chances are you will hear “Pomp and Circumstance” quite a bit. Once again, we have entered graduation season.

For students, this time of year marks a fresh start – perhaps a new school, new home away from home, or a new stage in life. For some parents, that short walk across the stage might serve as a startling reminder that come fall, the first tuition bill is due.

Whether your student starts college in the fall of 2010 or 2028, it is important to start planning for college financing now. In Rethinking College Finances, we outline ways to save and finance for those four (or more) years. While planning for college budgets, it is also a good idea to use this time to re-evaluate your portfolio. In our A Fresh Look article, we offer some strategies for rebalancing your portfolio with an eye toward our country’s slow, but hopefully steady, economic recovery. Read The New Credit Landscape: Reassess Your Account, where we provide a guide to the new credit landscape and how you can diversify your credit portfolio.

At First Midwest Bank, we have been busy doing some homework of our own to improve our website, firstmidwest.com. The site has “graduated” to the next level of serving our clients’ needs. The new firstmidwest.com includes financial calculators, a learning and resource center, an online version of balance, and much more.

I hope that no matter what important graduation ceremony you attend this year – high school, college, graduate school, or kindergarten – the event provides a time of reflection, pride and forward thinking.


Sincerely,

Jan signature

Janet M. Viano
Executive Vice Presidnet, Director of Retail Sales & Service

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