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Service Alert: i-BusinessCapturePro, i-BusinessBanking™ (IBB), online, and mobile banking are temporarily unavailable during the Macatawa Bank conversion weekend. Access will resume on April 28. Learn more.
Resources
Industry Specific
Access all the commercial banking resources your business needs to succeed.
New Baby Checklist
New Baby Checklist
Helpful tips for new parents
Health insurance
- Add your new baby to health insurance
- Review for adequate coverage
Legal considerations
- Consider designating your new child as a beneficiary on bank accounts, insurance policies, investment accounts, and retirement accounts
- Review life insurance policies for adequate coverage
- Review or consider disability insurance
Estate planning
- Review trust documents or wills that were created before the birth of your new child with an attorney and make necessary changes
- Designate guardianship in the event of parents’ death — it is imperative to have this in place
Financial considerations
- Create a monthly budget with new expenses
- Review debt for rate, term, and consolidation options
- If you don’t already have, start an emergency fund
- Consider saving early for college
- Consider opening a minor savings account
Taxes
- Seek advice from an accountant for new tax credit rules
We’re here to help!
If you have questions, give us a call, schedule an appointment, or stop by one of our branch locations.
