First Federal Bank Recognized as one of America's Best Regional Banks

February 03, 2024 by First Federal Bank

For the fourth year in a row, First Federal Bank has earned this distinction from Newsweek who partners with research firm Plant-A Insights, and conducts an assessment of over 9,500 financial institutions and obtained feedback from over 35,000 customers. Newsweek spotlighted the top 250 Regional Banks and 250 Credit Unions in the United States,...

Tips for Securely Filing Your Taxes

February 02, 2024 by First Federal Bank

Your tax return contains a plethora of private, personal, and important data. In the wrong hands, your details can be used as a tool in identity theft, fraud, and other nefarious activities that can hurt you, your reputation, and your financial standing. Be sure to protect your information when you file your tax return with these security tips:...

Topics: Financial Education

Tips For Saving For Your Next Car

January 31, 2024 by First Federal Bank

Whether you have your eye on a new or used car, its price is probably much higher than it would have been a half-decade ago. Vehicle prices have soared in recent years and don’t appear to be settling back down anytime soon. This is making it harder for shoppers on low or even moderate incomes to afford the transportation they need.What can you do...

Topics: Financial Education

Five Strategies For Your Next Windfall

January 30, 2024 by First Federal Bank

With the arrival of a year-end bonus or tax refund, many people are faced with the question of what to do with this sudden influx of money. Do they save it, invest it, pay off debt, or treat themselves to something special? In order to make the most of this windfall, it's important to approach it with a strategic mindset.The first option is to use...

Topics: Mortgages / Home Equity

5 Fun Facts About American Football

January 29, 2024 by First Federal Bank

From youth leagues and high school to college and professional play, football reigns supreme in the United States. Every weekend during the fall, millions of Americans flock to stadiums and gather in front of television screens to root for their favorite teams and players. And February 11 will be Super Bowl Sunday. Whether you’re a dedicated fan...

Topics: Lifestyle

Should You Use Your Personal Savings to Cover Business Expenses?

January 26, 2024 by First Federal Bank

Whether you’re a newly minted solo entrepreneur or a long-time business owner who’s going through tough times, you might find your company needs a little extra money. Before you dip into your personal savings to make ends meet, consider the benefits and drawbacks:Pay less in interestIf your business is strapped for cash, your personal savings...

Topics: Business Banking, Small Business

10 Steps to Getting Your Next Home

January 25, 2024 by First Federal Bank

While the prospect of finding a new home may be exhilarating, the mortgage process can prove to be a daunting task for many individuals. However, equipping yourself with the necessary knowledge of the required steps can greatly facilitate the process. After receiving an accepted offer on your desired property, it is vital to be aware of the...

Topics: Mortgages / Home Equity

Is It Safe to Link Your Financial Accounts to a Payment App?

January 24, 2024 by First Federal Bank

Payment apps like Google Pay, Cash App, and Zelle have become the preferred method of sending and receiving money for many people. Yet, you may be hesitant to jump on the bandwagon due to concerns about the security of using a payment app — and you’re not alone.Many people who are accustomed to using cash, credit cards, and checks are skeptical...

Topics: Financial Education

Building Healthy Social Media Habits

January 22, 2024 by First Federal Bank

Social media can be a wonderful way to connect with long-distance family members, learn new skills, and create a supportive network of friends. However, it’s all too easy to let popularity metrics and virtual arguments rule our lives. Here are a few tips to help you have a healthier time online:Earn your screen timeWe all have things to get done...

Topics: Lifestyle

Should You Still Buy a Home if You Still Have Student Loans?

January 19, 2024 by First Federal Bank

Few decisions are as significant as buying a home. It’s a milestone that many aspire to achieve, but the path to homeownership can be paved with financial challenges, particularly for those still grappling with student loans. Here are the factors you should consider when deciding to buy a home while managing student debt:Pros of buying a home...

Topics: Financial Education, Homeowners, Mortgages / Home Equity

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