First Federal Bank

Recent Posts

Weasel Words to Avoid in Marketing Materials

February 27, 2024 by First Federal Bank

If you’re advertising your business, you need to make every word count. That’s why it’s important to understand what weasel words are, how they can dilute your messaging, and ways you can avoid them in favor of more direct and impactful language.What is a weasel word?HubSpot Sales Blog editor Leslie Ye explains weasel words are used in an effort...

Topics: Small Business

Strategic Tips for Buying Your First Home

February 27, 2024 by First Federal Bank

Buyingyour first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it's adreamyou can make come true, but there are some hurdles you'll need to overcome in today’s housing market – specifically the limited supply ofhomes for saleand ongoingaffordabilitychallenges.

Topics: Mortgages / Home Equity

Pros and Cons of Renting a Vacation Home

February 26, 2024 by First Federal Bank

If you’re planning for an extended vacation, a top alternative to staying at a hotel is renting a vacation home. For some, the idea of living in another person’s home and having to do chores, like cooking and cleaning, can seem like the opposite of a vacation — but renting a home can come with a lot of perks that enhance the entire experience....

Topics: Lifestyle

First Federal Bank Introduces New Down Payment Assistance & Mortgage Product to Provide Homebuyers with Affordable Financing

February 23, 2024 by First Federal Bank

The Down Payment Assistance is a second mortgage subsidy to assist borrowers who may be struggling with down payment obligations. The subsidy offers up to $7,500 to cover 100% of down payment and closing costs. Furthermore, eligible active duty and retired military personnel, reserves, law enforcement officers, corrections officers, and educators...

Topics: First Federal News, Mortgages / Home Equity

Ways You Can Diversify Your Portfolio

February 21, 2024 by First Federal Bank

All investing exposes you to a certain level of risk. Committing all your money to a narrow range of stocks, bonds, or other assets is especially perilous, exposing your portfolio to the market’s volatility and making it less resilient — and potentially hampering growth as well. However, diversification is a good way to keep one poor-performing...

Topics: Financial Education

Fuel-Efficient Models that Aren't Hybrids

February 19, 2024 by First Federal Bank

The automotive industry is going the way of electrification. But for a variety of reasons, not everyone is quite ready to venture into the world of EVs, PHEVs, FCVs, or even simple hybrids. However, that doesn’t mean they don’t care about fuel economy. Fortunately, there are a number of traditional combustion-only cars you can buy that get plenty...

Topics: Lifestyle

Improved Energy Efficiency to Save Money

February 16, 2024 by First Federal Bank

When it comes to saving money, improving your home’s energy efficiency can be a great way to rack up savings with minimal effort and plenty of benefits. Many energy-saving tips also cut your carbon footprint while also improving the comfort and value of your home. Here’s a look at a few strategies to help you save:Heat pumpsWhen you’re dealing...

Topics: Homeowners, Mortgages / Home Equity

The Questions our Should Ask the Dealer When Car Shopping

February 14, 2024 by First Federal Bank

Shopping for a car at a dealership can be an overwhelming experience. Even if you do a ton of research before you shop and have an idea of what vehicle you want, you still need to ask questions at the dealership. Here are a few essential queries to ask before you purchase a car:Check on maintenance plansNew cars should be trouble free for some...

Topics: Financial Education

How to Make the Most of Your Tax Refund as a Homeowner.

February 13, 2024 by First Federal Bank

As the tax season approaches, many Americans eagerly anticipate receiving their tax refunds. For homeowners, a tax refund can be an excellent opportunity to put the money to good use, particularly in relation to their mortgage. Here are some smart ways to make the most of your tax refund if you have a mortgage:

Topics: Mortgages / Home Equity

3 Great Teas and Their Benefits

February 12, 2024 by First Federal Bank

Drinking tea has long been associated with positivity, whether it’s sitting down for a cup with a close friend or having a hot mug handy to help when you’re feeling under the weather. There are so many different varieties of tea to try, many of which offer impressive benefits that make it well worth keeping the kettle on for a second sip....

Topics: Lifestyle

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