First Federal Bank Blog

Taking out a loan is a big decision that should not be taken lightly. That’s why you want to be selective about when and why you borrow money from your financial institution. While the decision will ultimately be yours, there are several instances where loans make good sense in the short and long term:Pay off existing debtOf all the things you...

It can be difficult to determine the best way to eat these days. There are so many fad diets out there, in addition to the, “tried and true” versions you have probably heard about through the years. One mainstay that has continued to be popular is the Mediterranean Diet. Now, there is a twist on that eating approach. According to MSN, the Atlantic...

Obtaining a new mortgage loan can be an exciting yet overwhelming process. With so many options available, it's important to make informed decisions to ensure you are getting the best deal possible. At First Federal Bank, we want to help you navigate the mortgage loan process with ease. Here are some do's and don'ts to keep in mind when applying...

First Federal Bank and Watson Mortgage Corp. announce that they have signed a definitive agreement for First Federal Bank to acquire the mortgage group. The transaction brings together two teams skilled at delivering results and award winning customer experiences. As a community-based mutual institution headquartered in Lake City, FL, First...

A strong investment portfolio incorporates a variety of assets, and many people have found that Treasury bonds can be a worthwhile source of alternate income. But, even Treasury bonds aren’t without their risks.Advantage: Low risk of defaultBecause Treasury bonds are backed by the U.S. government and have a high credit quality, most investment...

Chances are you spend a great deal of your time sitting. Whether it is during the work day or on our personal time, many of us are in a chair for more hours of the day than we should be. And we all know it is not good for our health.

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.

Finding a savings account sounds simple enough — after all, you’re just looking for a safe place to store and grow your money. However, to make the most of your savings, it’s important to keep an eye out for a good interest rate along with hidden fees, balance requirements, and other factors that can complicate your financial management. Here’s a...

Having the opportunity to travel is a wonderful thing, whether it’s taking a cross-country road trip or flying across the ocean to get an entirely new view of the world. You may be one of the many people unable to fully enjoy that privilege due to a condition called hodophobia, or the fear of travel. If you have a fear of traveling but want to...