Addressing COVID-19 in Your Business

September 04, 2020 by First Federal Bank

No matter where your business operates, COVID-19 has indubitably had an impact. It’s important to know and implement safety protocols in your store or office to protect customers and employees from this virus.

Topics: Resources, Trending, Small Business, Entrepreneurship, COVID-19, Community

Tips for Reducing Stress and Increasing Positivity

September 02, 2020 by First Federal Bank

The stress of everyday life can be tough to deal with even under normal circumstances — and in these uncertain and difficult times, the pressure feels even more intense. Whether you’re struggling to make it through the day or just feeling a bit of extra tension, untreated stress can be harmful to your long-term health. Putting these tips into...

Topics: Healthy Living, COVID-19

Common Fraud Scenarios for Small Businesses to Avoid

August 31, 2020 by First Federal Bank

According to the 2020 Global Study on Occupational Fraud and Abuse, businesses lose about five percent of their annual revenue to fraud. And while large businesses can implement internal checks and balances for their accounting systems, small businesses often lack the resources to do so, making them even more vulnerable to certain types of...

Topics: Fraud Alerts/Scams, Small Business, Entrepreneurship

Protect Your Online Accounts from Phishing

August 28, 2020 by First Federal Bank

Phishing is an all too common way for scammers to learn your personal information and access your financial accounts. To help prevent yourself from falling victim to a scam, it’s wise to learn exactly how phishing works. 

Topics: Fraud Alerts/Scams, Technology, Financial Education

Big Tax Mistakes Small Businesses Should Avoid

August 26, 2020 by First Federal Bank

Tax season is never a fun time of the year, but it’s important not to treat doing your taxes as yet another item to quickly cross off your to-do list, especially as the owner of a small business. There are a few common tax errors small business owners are prone to making, and avoiding them could save you a pretty penny.

Topics: Small Business, Taxes

6 Backyard Camping Tips

August 24, 2020 by First Federal Bank

You don’t have to venture far from home to enjoy the outdoors with your family. Pitching a tent in the backyard is a great alternative to build memories with your children while practicing social distancing. Here are six simple steps to pull off a successful backyard camping experience:

Topics: Kids, Family

What is the 2K Rule?

August 21, 2020 by First Federal Bank

For many parents, saving for a child’s college education is a major source of stress. It’s often difficult, if not impossible, to know how much you actually need to save, as the cost of attending college varies wildly depending on the school and whether your child qualifies for financial aid. Without knowing what college your child will attend,...

Topics: Saving Money, College, Kids

Grow Your Business with Credit Card Payments

August 19, 2020 by First Federal Bank

Credit cards are a central part of the modern shopping experience — and if your business can’t accept credit card payments, you’re probably missing out on some serious revenue. Luckily, you won’t have to jump through too many hoops to process credit card payments. Consider these three simple payment-processing methods that your company can...

Topics: Small Business, Entrepreneurship, Credit Cards

Personal Taxes 101: Know the Basics

August 17, 2020 by First Federal Bank

When it comes to the responsibilities of adulthood, independence and enjoying an American lifestyle, few obligations are as daunting as paying your taxes. To those who have never had to do so before, filing yearly tax forms, learning the terminology, sorting through mountains of paperwork, and tracking your refund can be an overwhelming task....

Topics: Financial Education, Taxes

Planning for a Home Down Payment

August 14, 2020 by First Federal Bank

Buying a home is a milestone worth celebrating, but it takes planning and preparation before signing the closing documents to ensure the purchase doesn’t become more of a burden than a blessing. Proper planning involves determining how big of a down payment you need and saving money for that down payment. Here are some pointers to get you...

Topics: Mortgage Lending, First Home, Home Owners, Home Improvements