Does It Ever Make Sense to Use Your 401(k) To Pay Off Debt?

November 20, 2024 by First Federal Bank

Financial experts generally agree it is best not to touch your 401(k) until you are in your retirement years. But there can be times when it is tempting to dip in to those savings to address financial issues you face in the present. The decision should be carefully considered, and it is critical you understand the ramifications. That said, there...

Topics: Retirement, Financial Education

3 Tips For Better Sleep

November 18, 2024 by First Federal Bank

The inability to sleep well can be extremely frustrating, and can add to health issues. The stress of the holiday season tends to exacerbate any issues you may already be having. Want to get better sleep? Sleep coach Claire Davies shares her top three tips for getting better sleep year round:

Topics: Lifestyle

Renting vs. Buying: The Net Worth Gap You Need To See

November 15, 2024 by First Federal Bank

Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth.

Topics: Mortgages / Home Equity

How to Protect Yourself from Check Fraud

November 13, 2024 by First Federal Bank

According to a study done by the Federal Reserve, the number of checks written by consumers, businesses, and government entities dropped by 7.2% a year from 2018 to 2021, to a total of 11.2B.

Topics: Personal Banking, Financial Education

Which is Better – Walking Outside or on a Treadmill?

November 11, 2024 by First Federal Bank

The benefits of walking have been well established. It is an easy, healthy way to get exercise for all fitness levels. But what are the pros and cons of walking outside versus walking on a treadmill? Is one option better for you than the other? According to experts, it depends:

Topics: Lifestyle

Required Documents for Mortgage Loans

November 08, 2024 by First Federal Bank

Navigating the mortgage process can feel overwhelming, but having the right documents ready can make all the difference—here’s all the documents you need to get started.

Topics: Mortgages / Home Equity

Is a Fixer Upper Right for You?

November 08, 2024 by First Federal Bank

Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.

Topics: Mortgages / Home Equity

Avoid These Credit Card Traps This Holiday Season

November 06, 2024 by First Federal Bank

The holiday season is here, and you know what that means. It’s time to shop ‘til you drop! But if you’re not careful, you could spend more than you planned as the purchases add up. Especially if you are using a credit card. AOL.com offers these helpful tips to avoid some common traps:

Topics: Financial Education

GivingTuesday is Coming: Ways You Can Make a Difference in Your Community

November 04, 2024 by First Federal Bank

This year’s GivingTuesday event will take place on December 3, 2024. Millions of people will use their power of, radical generosity to change the world. Giving in the United States totaled $3.1 billion in 2023. 34 million adults in the U.S. participated. Here is some information on this popular movement:

Topics: First Federal News, Lifestyle

Why Your House Will Shine in Today’s Market

November 01, 2024 by First Federal Bank

Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. If you’ve got moving on your mind, your house can really stand out.

Topics: Mortgages / Home Equity

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