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

Using CDs for Your Savings

September 06, 2023 by First Federal Bank

You’ve collected a hefty sum of money in your savings account, but what should you do with it? Rather than investing it in a high-risk account or letting it lose value by stagnating, you can use it to buy a CD. What is a CD? In the world of finances, the CD acronym stands for “certificate of deposit.” Simply put, a CD is a type of savings account...

Must-Read Memoirs of Olympic Athletes

September 04, 2023 by First Federal Bank

By this time next year, the world will be preparing for the start of the 2024 Summer Olympic Games in Paris, France. To help you get excited about what’s to come, check out these must-read memoirs from Olympic athletes:

Topics: Lifestyle

Pros and Cons of Real Estate Investing

September 01, 2023 by First Federal Bank

If you’re considering investing in real estate, you’re likely aware of the potential rewards and risks involved. Real estate has long been a popular investment option for those looking to build wealth or earn passive income, but it’s important to consider the pros and cons carefully before jumping in. Here are some key points to keep in mind: ...

Topics: Financial Education

Gen Z: The Next Generation Is Making Moves in the Housing Market

August 31, 2023 by First Federal Bank

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning tohomeownership. According to the latestHome Buyers and Sellers Generational Trends Reportfrom theNational Association of Realtors(NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to...

Topics: Mortgages / Home Equity

Can Your Social Media Behavior Affect Your Loan Approval?

August 30, 2023 by First Federal Bank

If you’re shopping for a loan, you probably know lenders look at data like your income, loan repayment and credit history, and debt owed. However, loan approval is sometimes based on more than these traditional factors. Lenders can also collect, “social data” to get a more complete picture of your creditworthiness. In the process, they may even...

Topics: Financial Education

The Benefits of Working with a Personal Trainer

August 28, 2023 by First Federal Bank

Whether you’re a seasoned gym veteran or you’re just beginning your path toward a healthier lifestyle, a personal trainer can help you achieve your goals. Here’s a look at how these fitness experts can help you take your game to the next level. Accountability If you’re embarking on your fitness journey alone, it can be tempting to slack off or...

Topics: Lifestyle

Should You Allow Your Employees to Work Remotely?

August 25, 2023 by First Federal Bank

Like all managerial decisions, allowing your employees to go remote comes with its unique set of benefits and drawbacks. If you’re considering offering your crew the chance to work from home, here are a few factors to consider: Access to a broader pool of talent When your company offers remote work, the policy does more than just benefit your...

Advice for Deciding Where to Retire

August 23, 2023 by First Federal Bank

Whether you are close to retirement or just starting to think about the day when you no longer have to work, planning for your golden years requires a lot of thought. One major decision you have to make is where you want to set down roots. Is it best to stay where you are or is a new address the way to go? The following guide may help you decide...

Topics: Retirement

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