First Federal Bank Acquires Mortgage Division From BNC National Bank

June 16, 2023 by First Federal Bank

First Federal Bank announces the acquisition of assets and employees of BNC National Bank’s mortgage division and welcomes the new team. The transaction closed today.

Financing a Mobile or Manufactured Home

June 16, 2023 by First Federal Bank

It’s no secret housing costs have been on the rise, and many house hunters are on the lookout for affordable homes. Mobile and manufactured homes provide more space, privacy, and autonomy than many other housing arrangements, such as renting or living in an apartment — while costing much less than buying a conventional house. Here’s a look at some...

Topics: Homeowners, Mortgages / Home Equity

Why Do Car Prices Keep Rising?

June 14, 2023 by First Federal Bank

Car prices have been steadily rising over the past few years, and despite a promising decline in used car costs in the second half of 2022, the upward trend shows signs of continuing in 2023. There are a variety of factors contributing to this increase in prices, from supply chain disruptions to changes in consumer demand. Let's explore several of...

Topics: Financial Education

Cookbook New Releases to Grab This Summer

June 12, 2023 by First Federal Bank

The warmer months are a time for eating outdoors with friends and family, firing up the grill, and devouring fresh and flavorful fruits and veggies. These six new cookbooks will equip you with all the mouthwatering recipes you need to eat well this summer — and the rest of the year, too:  50 Pies, 50 States: An Immigrant’s Love Letter to the United...

Topics: Lifestyle

How a Business Line of Credit Can Help You

June 09, 2023 by First Federal Bank

Growing a business involves its share of uncertainty, and that may include finding yourself at a point where you don’t have the means to cover operating expenses and needs. A business line of credit is a viable option to help you find your way out of a tough spot, and offers some advantages that may make it the preferable alternative to a...

Topics: Business Banking, Small Business

Important Financial Steps to Take Right Before You Retire

June 07, 2023 by First Federal Bank

If retirement is in your near future, you’ve probably mapped out how you’re going to spend your newfound freedom, where you’re going to go, and how much you’re going to love sleeping in or staying up late. Whether retirement is years in the future or simply months within reach, you must carve out time to complete a few important financial chores...

Topics: Retirement, Financial Education

The Benefits of Hiring a Guide for Your Family Vacation

June 05, 2023 by First Federal Bank

Family vacations should be relaxing, enriching, and fun — but they don’t always turn out that way. Tired kids, overstuffed schedules, and travel plans that go awry can leave everyone feeling stressed and unhappy. If you’re looking to make your next family vacation a more enjoyable experience, consider hiring a guide. It’s a great way to create...

Topics: Family, Lifestyle

What Do You Need to Open a Business Checking Account?

June 02, 2023 by First Federal Bank

Business accounts help you separate your business finances from personal finances, which is an important step for protecting your private funds and avoiding trouble with the IRS. In fact, Financer.com manager Lorien Strydom says, “as soon as you decide to start spending or accepting money as a business, you should open a business bank account.”...

Topics: Business Banking

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

May 31, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

Security Warning Signs When Shopping Online

May 31, 2023 by First Federal Bank

Shopping online offers convenience that regular brick-and-mortar stores cannot match. Online stores never close, and they are accessible from your home computer or even on your phone when you’re out and about. Online shopping has progressed over the years with greater safeguards, but it still poses risks. Before you click “add to cart” or...

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