The Norman Transcript


December 15, 2013

Financial gifts are creative, practical

NORMAN — Financial resolutions are among the top five New Year’s resolutions for Americans each year, according to the United States Office of Citizen Services and Innovative Technologies. Why not help your loved ones get a jump-start on their resolutions during the holiday season?

 “During the holidays many focus on gifting the newest, hottest item,” said Mike Pullin, executive vice president of First Fidelity Bank in Norman. “Financial gifts are not always top of mind, but they are a creative way to give a meaningful, practical gift to your loved ones.”

 First Fidelity Bank is offering the following financial gift ideas for Norman residents this holiday season:

· Banking or savings accounts. This is an easy first step to take to help loved ones, especially young ones, learn about banking and saving. With access to these accounts, they learn what it means to work with a bank to make transactions and to keep money saved up. Work with your bank and your loved one to easily complete the process.

· Savings bonds. Savings bonds are a great way to get started on long-term investing. Current interest rates are between 1 and 3 percent, depending on the type of bond. Earnings from savings bonds are usually tax-exempt and can be purchased at many banks. Bonds can also be purchased online at the U.S. Treasury website, and come with a gift certificate that can be printed and presented with the savings bond.

· Stocks. Investing small sums in your loved ones’ favorite companies is a great way to personalize a financial gift. Even children can enjoy this creative gift option, as they have the ability to open a Uniform Transfer to Minor account, the children’s version of a brokerage account. Consider tucking a few ‘stocking stocks’ in your loved one’s stocking this holiday season.

Text Only | Photo Reprints
  • Chamber Banquet During annual banquet, Chamber of Commerce promotes moving Norman forward

    Amidst the backdrop of music, dancing, dinner and fellowship, business leader Mike Fowler announced that the time for a quality-of-life initiative in Norman has come. As incoming Norman Chamber of Commerce board chairman, Fowler and ...

    April 18, 2014 1 Photo

  • Women leaders announced

    The Norman Chamber announced the nominees for the 2014 Women’s Leadership Award, which honors female leaders who actively inspire other women to achieve their full potential.  Past recipients of this honor, formerly known as the ATHENA ...

    April 17, 2014

  • Norman use tax takes a hit while Moore sales tax flounders

    Norman use tax took a hit this month while Moore’s sales tax floundered for the first time since sales picked up in the post-tornado recovery period. For the city of Norman, however, sales tax collections are a bright spot on the revenue ...

    April 13, 2014

  • Nextep moves back to Dillard Building, but this time with much larger presence

    In 1997, entrepreneur Brian Fayak was just getting Nextep Inc., a professional employer service, started. Fayak had been working out of his sister’s house in west Norman and was delighted when the opportunity came to rent an executive ...

    April 13, 2014

  • Spotlight

    Chiropractic award Megan Borne, a chiropractic assistant at Sparks Clinic of Chiropractic in Norman, was recently awarded the title of C.A. counselor with the Pinnacle Chiropractic Management Group. She will assist other chiropractic ...

    April 13, 2014

  • Primrose presents Leadership class grads

    On Tuesday, the Norman Chamber of Commerce graduated both Leadership Norman and Tomorrow’s Leaders. Over the past several months, participants attended interactive sessions covering a variety of topics including communication, education, ...

    April 13, 2014

  • Business and restaurant survey online now

    The city of Norman is seeking input from its residents about retail shopping and restaurant opportunities that they would like to see locate to Norman. On Thursday, the city published a link to an online retail and restaurant survey on ...

    April 13, 2014

  • Norman Nation

    In 1964, when my father was a University of Oklahoma student, he and my mother were in desperation car shopping mode because their vehicle had just died. As the story has been told for nearly 50 years, the Ford dealership had not opened ...

    April 13, 2014

  • Spring cleaning: Time to change passwords again

    Are you in the habit of regularly changing the passwords for your online accounts? You should be — changing passwords regularly is a required part of every wise Internet user’s safety routine....

    April 13, 2014

  • Regional partnerships build prosperity

    Job creators shop for sites, regional marketing professionals told Norman’s Economic Development Advisory Board on Thursday. That makes selling the central Oklahoma region with its diversity of site options and amenities a business savvy ...

    April 6, 2014