As a parent, you are focused for 18 years on preparing your child for adulthood. Becoming an adult is an important milestone, and when it happens, your child will need to navigate the world on their own. Are they prepared financially for this transition? Sadly, many parents do not feel their teens are ready:
First Federal Bank
Recent Posts
Do You Think Your Teen is Financially Prepared for Adulthood?
Topics: Financial Education, Family
Closing Costs Unpacked: State-by-State Breakdowns for Today's Buyers
If you’re planning to buy a homethis year, there’s one expense you can’t afford to overlook: closing costs.
Topics: Mortgages / Home Equity
Common Questions About Escrow
Buying or selling a home often raises a lot of questions, especially when it comes to escrow. If you are new to the process, it can feel a little overwhelming.
At First Federal Bank, we want you to feel confident every step of the way. That is why we have put together answers to the five most common escrow questions we hear from customers.
Topics: Mortgages / Home Equity
How to Keep Yourself Safe from Online Scams
October is National Cybersecurity Awareness Month, a time to spotlight the importance of taking daily action to reduce your risk when online and using connected devices. Do you know how to spot scams, and what actions you can take to keep yourself safe?
Topics: Financial Education
When Should You Worry About Memory Loss?
Memory loss is an issue commonly associated with dementia and the elderly. But the simple fact is it can have many causes, affecting anyone at any time. It isn’t always reason for significant concern. What you want to take into consideration is the frequency and severity of the memory loss, as well as potential causes. If it is impacting your...
Topics: Lifestyle
Do You Know How Much Your House Is Really Worth?
Want to know something important that most people rarely get professionally checked? Spoiler alert: it may be the value of your home.
Topics: Mortgages / Home Equity
How Your Credit Score Impacts Your Auto Loan
Are you in the market for some new wheels? Buying a vehicle in the fall, especially from October to December, is a prime time for deals due to dealerships clearing out current-year inventory to make room for new models and meet annual sales goals.But overall price is not the only consideration. If you will be financing your purchase, you need to...
Topics: Financial Education
What’s the Difference Between Baking Powder and Baking Soda?
Many of the best chefs will tell you they don’t always follow a recipe. They often follow their gut or wing it when in the kitchen. Cooking to taste is a popular way to prepare dinner. Baking, on the other hand, requires an entirely different approach. Dietician Caroline Thomason, R.D. explains how to tell the difference, and why it matters:
Topics: Lifestyle
Patience Won’t Sell Your House. Pricing Will.
Waiting for the perfect buyer to fall in love with your house? In today’s market, that’s usually not what’s holding things up. And here’s why.
Topics: Mortgages / Home Equity
How To Make Sure You Save Enough By Age 35
It’s common to think about how much money you need to save for your retirement. But that may be a long time from now, depending on your current age. It’s a good idea to think in shorter terms. Have you considered how much you should have saved by the age of 35? It’s never too early to make an effort to set aside money…
Topics: Personal Banking, Financial Education
The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites. NMLS # 408902.