Then go to layer adjustment and use a threshold layer to strip the color. Then use the circular marquee tool to create a circle behind the palm tree. This will act as a sun. Create a new layer (under the palm tree) and use the color fill tool to fill the circle with red.

Then we create some text. We used a red serif font for the statement and a smaller black font for the detail statement.

On a new layer hit ctrl-a to select all then go into select > modify > contract and contract the selection by about 400 pixels. Then invert the selection and fill it with red. Then we add the perimeter text, for me photoshop was being glitchy so I manually wrote each line and then rotated and adjusted it to fit in the border.

Then I add some texture by overlaying a scanner photo and setting the blend mode to screen. Then I used a curves tool to fine tune the adjustment. And congratulations! You are finished!