The Tax Cuts and Jobs Act (TCJA) of 2017 eliminated (or limited) many items that previously could be claimed as itemized deductions. However, it did not eliminate the ability to claim charitable contributions as an itemized deduction. Importantly though, the TCJA did raise the standard deduction to $24,000 for married couples and $12,000 for single …
2018 Second Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust July 2018 | Volume 3 | Issue 3 Now that we’ve reached the mid-point of the year, it’s a good time to look back at the economic forecasts we made at the beginning of the year and revisit how we expect …
FineMark National Bank & Trust Congratulates Harlan C. Parrish on Recent Appointment
FORT MYERS, FL (JUNE 6, 2018) – Harlan C. Parrish, President of FineMark National Bank & Trust, Lee County, has been selected to serve on the Government Relations Council (GRC) for the Florida Bankers Association (FBA). The GRC, which is comprised of 60 bankers from around the state, tackles the issues facing the banking industry …
FineMark National Bank & Trust Welcomes Heather Thomas as Senior Vice President & Senior Lending Officer
Naples, FL (June 04, 2018) – Adria D. Starkey, President of FineMark National Bank & Trust, Collier County, is pleased to announce the appointment of Heather Thomas as Senior Lending Officer in Collier County. Thomas has 30 years of banking experience with the last 19 years in Southwest Florida. Most recently, she was a Vice …
2017 Annual Report
Flip through the pages of our 2017 Annual Report.
2018 Q1 Shareholder’s Letter
Read FineMark’s 1st Quarter Shareholder’s Letter from the President, Joseph R. Catti. Dear Shareholder, On behalf of the Board of Directors, the executive management team and all of the dedicated associates of FineMark National Bank & Trust, I am pleased to report on the bank’s performance for the first quarter ending March 31, 2018. FIRST …
2018 First Quarter Review and Commentary
FINE POINTS, The Quarterly Trust and Investment Publication of FineMark National Bank & Trust April 2018 | Volume 3 | Issue 2 Domestic equity markets posted losses during the quarter, which was the first decline we have experienced since Q3 of 2015. We spilled a fair amount of ink in our 2017 newsletters, detailing the …
Are Charitable Pledges Enforceable Against an Estate?
As with most legal questions, the answer to the question above is “it depends.” A charitable pledge (oral or in writing) is defined as a contract between a donor and a charity in which the donor promises to make a contribution in the future, such a pledge may be enforceable. In Mt. Sinai Hospital, Inc. …
How to Fight Mobile Number Port-out Scams
Original Article from krebsonsecurity.com. View the original article here: https://krebsonsecurity.com/2018/02/how-to-fight-mobile-number-port-out-scams/ By Brian Krebs Wednesday, February 28th, 2018 at 9:46 am HOW TO FIGHT MOBILE NUMBER PORT-OUT SCAMS T-Mobile, AT&T and other mobile carriers are reminding customers to take advantage of free services that can block identity thieves from easily “porting” your mobile number out to …
Mobile App Update – Edit Payee & Touch ID Toggle
On Monday, March 5th, FineMark’s Personal Mobile Banking App will go through an update. This update will allow users to: Edit Payees through the Bill Pay screen, and Turn Touch ID on or off from the log in screen. (iPhones only) Depending on your phone settings, the updates may download automatically, or if you do …
Recent Changes in the Markets
First reported on February 8, 2018. Market activity in recent days has been much more volatile than anything we have experienced over the past year. This current period reminds us of the old Wall Street adage “markets take the stairs up and the elevator down.” FineMark’s investment group has been closely monitoring the markets and …
IRS Tax Fraud Alert
The Internal Revenue Service is warning taxpayers of a quickly growing scam involving erroneous tax refunds being deposited into taxpayers’ bank accounts. The number of potential taxpayer victims jumped from a few hundred to several thousand this month after the IRS Criminal Investigation division discovered more tax professionals’ computer files have been breached. After stealing …