First Federal Bank

Recent Posts

Can You Get a Tax Break by Being a Caregiver?

September 22, 2023 by First Federal Bank

An aging parent, a spouse with disabilities, an adult child with special needs — if you’re facing these or any other caregiving situations, the strain on your finances can be a heavy one. To help you deal with these responsibilities, a variety of federal tax deductions and credits are available. Here’s a closer look at five of the most common tax...

Topics: Financial Education

4 Ways to Save Money on Your Accommodations

September 20, 2023 by First Federal Bank

Whether you are vacationing with the family, heading out of town on a friends’ trip, traveling for work, or embarking on a solo expedition, saving money is always a travel essential. A big part of your journey’s expenses is undoubtedly where you’ll rest your head. Here are a few tips to help you save money on your accommodations so you can stress...

Topics: Financial Education

How Aftermarket Modification Affects the Value of Your Car

September 18, 2023 by First Federal Bank

Many car enthusiasts enjoy personalizing their vehicles through aftermarket modifications. However, these modifications can have a significant impact on the value of your car. Whether you’re considering adding performance upgrades or aesthetic enhancements, it’s essential to weigh the potential effects — both negative and positive — on your car’s...

Topics: Lifestyle

Dealing with Mice: Peppermint Oil, Dryer Sheets and Other Tricks

September 15, 2023 by First Federal Bank

There are things that everyone shares: the need for food, the search for love, and the intrusion of mice into our homes. But don't despair! There are several ways to deter and remove mice. Read on to learn about a few of the more well known, if a little out-there, methods.

Topics: Homeowners

What to Consider Before Listing a Vacation Rental Property

September 15, 2023 by First Federal Bank

If you own a vacation home or split time between multiple properties, you may be able to earn income by renting to others. But before you decide to pull the trigger on turning your vacation home into a rental property, you’ll want to ask yourself a few questions and be aware of some of the potential challenges. Don’t neglect Uncle Sam One of the...

Topics: Homeowners

Mortgage Rates: Past, Present, and Possible Future

September 13, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

What to do After Maxing Out Your 401(k)

September 13, 2023 by First Federal Bank

Congratulations! You’re on track to reach your 401(k)-contribution limit for the year. But your commitment to funding your retirement shouldn’t stop at your 401(k). Once you’ve maxed out those contributions, you should take another step to preparing for your post-career lifestyle. Here are some smart ways to stash more for retirement if you’re...

Topics: Retirement, Financial Education

Selling Your Half of a Jointly-owned Home? Here's What You Need to Know

September 12, 2023 by First Federal Bank

There are many factors to consider when it comes to selling your home, and if you own your home with someone else the details involved can be even more confusing. If you're wading into your co-ownership options and are curious about your next steps, here's a short list of some things to think about.Buyout: Selling Your HalfIf you own your home...

Topics: Homeowners, Mortgages / Home Equity, Home Seller Tips

Tips for Setting Healthy Boundaries

September 11, 2023 by First Federal Bank

Healthy boundaries are essential to your well-being. Establishing them can be tough, though. You may worry that putting your needs first may alienate loved ones in your life. But, taking care of yourself is worth prioritizing, and healthy boundaries can help you and your loved ones, friends, and people in your life feel safe. Here a few tips on...

Topics: Lifestyle

Financial Mistakes to Avoid When Closing on a House

September 08, 2023 by First Federal Bank

The seller has accepted your offer and you’re ready to start closing on a new house — but that doesn’t mean you’ve reached the finish line yet. As you take all the necessary steps to finalize the purchase of your home, be sure to avoid these financial mistakes that could delay or even derail the closing process:Taking actions that affect your...

Topics: Homeowners, Mortgages / Home Equity

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