Fraud Talk: Romance Scams

January 02, 2024 by Tasha Fedorova

One of the most prevalent scams out there is the romance scam. The romance scam targets both the young and the elderly, exploiting their innate desire for love and companionship. These scams can start on social media, dating websites, receiving seeming wrong number text messages, and other platforms. Whether you're a young person searching for...

What to Consider When Choosing a Tax-Deductible Charity

December 29, 2023 by First Federal Bank

Donating to a tax-deductible charity can boost your small business in a variety of ways. It lets you give back to your community, support causes that are important to you, and create a positive image for your company. Depending on how much you donate, your business could enjoy tax perks as well. Here are some tips to keep in mind as you choose a...

Topics: Small Business

Get Ready To Buy a Home by Improving Your Credit Score

December 29, 2023 by First Federal Bank

As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.

Topics: Mortgages / Home Equity

Bank Employees Go Above and Beyond:  Donations Exceed $100,000 in 2023

December 28, 2023 by First Federal Bank

First Federal Bank is pleased to announce the success of its 2023 First Federal Way campaign, which received contributions of $50,430 from employees. With the bank's match, a total of $100,900 is being donated to local non-profit agencies who make a significant difference in their communities.

How to Make Safe and Secure Transactions at an ATM

December 27, 2023 by First Federal Bank

For many people, an automated teller machine is still their preferred method of depositing checks and cash as well as withdrawing money. If you plan to use an ATM — whether near your home or in another town you’re visiting — make sure to follow this advice so you lessen the chance of becoming an ATM crime victim:Choose the best locationWhere an...

Topics: Personal Banking, Financial Education

Fraud Talk: Employment and Student Loan Scams

December 26, 2023 by Tasha Fedorova

Young adults are particularly vulnerable to employment scams and student loan repayment scams. If not actively seeking employment, it might seem obvious to us that someone is attempting to scam us. However, at some point, many of us have experienced unemployment and financial strain, or are drowning in student loans or other types of debt. We can...

Topics: Financial Education, Lifestyle

Tips for Managing Health Care Costs in Retirement

December 22, 2023 by First Federal Bank

As you plan your retirement finances, be sure to take health care costs into account. Even though Medicare will cover a large chunk of your expenses, it’s likely you’ll still need to pay premiums and deductibles, vision and dental, long-term care, and more. In fact, according to Fidelity’s 2023 Retiree Health Care Cost Estimate, the average couple...

Topics: Retirement, Financial Education

How Online Banking Works: A Beginner's Guide

December 20, 2023 by First Federal Bank

There’s so much that can be done with greater ease online, and that includes managing your money. Online banking is a feature offered by nearly every type of financial institution, and it offers a great deal of convenience and flexibility. By learning how to leverage online banking — and how to keep yourself safe in the process — you can take...

Topics: Personal Banking, Financial Education

Fraud Talk: Social Media Scams

December 19, 2023 by Tasha Fedorova

What are Social Media Scams?  In social media scams, scammers use social engineering to bait victims into sharing personal or financial information, clicking on links, or downloading harmful software or applications.  

Topics: Financial Education, Lifestyle

8 Inflammation-Fighting Foods and Drinks

December 18, 2023 by First Federal Bank

Chronic inflammation is associated with a long list of serious health conditions, including cancer, heart disease, and diabetes. Fortunately, incorporating certain foods and drinks into your everyday diet can help to ward off inflammation, reducing risks to your health and boosting your overall wellbeing.Why is it necessary to fight inflammation?

Topics: Lifestyle

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.

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