All posts by Merri Ash

First Bankers Trust Helps Town Refinance Bond

By 01 Mar, 2013 First Bankers Trust

First Bankers Trust Helps Town Refinance Bond

First Bankers Trust is based in Quincy City, Illinois, and recently helped the city save a significant sum by refinancing a construction loan that city authorities had taken out to build Oakley Lindsay Center, a major regional convention hub in the area between St. Louis, MO and Iowa City.

The convention center opened in 1995, at a cost of $8 million. This year, the city still had $825,000 in principal left to pay on the bond sold to finance construction, at 5.75% annual interest. First Bankers Trust refinanced the city’s loan at an annual interest rate of 1.2%, which promises to save the city over $72,000 over four years.

First Bankers Trust is proud to help its home town manage its budget in a more efficient manner.

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Employee Benefits for ESOP Companies

By 31 Jul, 2012 Benefits Law, Communication, ESOP Trusts

Merri Ash is vice president of First Bankers Trust Services. Merri has more than 34 years experience in employee benefits services. Her past work experience includes work as a senior trust officer with SunTrust Bank, employee benefits consultant with Wyatt Company, benefits manager with Jonathon Corporation, an ESOP company and team leader and senior benefits consultant with the National Automobile Dealers Association.

Merri Ash was interviewed in May of 2012 for the ESOP Advisor Hall of Fame. You can read her interview online at ESOPMarketplace.com.

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