4 Retro Video Games to Revisit for Nostalgia

May 08, 2023 by First Federal Bank

Since the 1980s, video games have gone from a niche hobby to a global juggernaut raking in billions of dollars a year. If gaming was an integral part of growing up, you have no shortage of opportunities to recapture the joy of your youth. Retro video games are all the rage across consoles and PCs, and that means some of the most popular and...

Topics: Family, Lifestyle

Should You Take Money from Your IRA to Pay Off Debt?

May 05, 2023 by First Federal Bank

As you near your target retirement age, you’ll want to reduce your existing debt to give yourself financial freedom. This includes paying off your credit card balances, student loan debt, car loans, and your mortgage. If you’ve grown a hearty IRA, you’ll wonder if you can use those retirement funds early to knock out your debt. Is that a wise way...

Topics: Retirement, Financial Education

How Does Video Banking Benefit You?

May 03, 2023 by First Federal Bank

As technology has evolved, so has the need for mobile video banking solutions in addition to in-branch and web solutions. Customers expect greater efficiency and flexibility from their financial institutions, especially after becoming accustomed to new virtual service options during the pandemic.

Topics: Personal Banking, Financial Education

Language Tips and Tools for International Travel

May 01, 2023 by First Federal Bank

Traveling to a new country can be an exciting experience. But if you’ve been hesitating to finalize your plans because of a possible language barrier, there are a few straightforward tips to help you over that hurdle:

Topics: Lifestyle

Short-Term Vs Long-Term Loans: Which Is Better for Your Business?

April 28, 2023 by First Federal Bank

As implied by their names, the main difference between short-term and long-term loans is how long your business has to repay them. Depending on the lender, short-term loans may last from a few months to a year, while long-term loans can last for a much longer period. When determining what type of loan is better for your business, you need to...

Topics: Small Business

How To Protect Yourself from a BIN Attack

April 26, 2023 by First Federal Bank

Bank Identification Number (BIN) fraud is a type of credit card fraud that involves the unauthorized use of a credit card that is not in the possession of the rightful owner. A BIN is the first six digits of a credit card number, and is used to identify the issuing bank.

Topics: Financial Education

The Power of Pre-Approval

April 25, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

Tips for Picking the Best Lighting for Your Home

April 24, 2023 by First Federal Bank

Lighting your home is about more than picking out a stylish lamp or two. With proper lighting, you can bring out the best aspects of your living space. Here are some tips to help you find the perfect way to light up your home:

Topics: Homeowners

Red Flags of Investment Fraud

April 21, 2023 by First Federal Bank

Making smart, sound investments is a surefire path to financial independence and a well-earned retirement. But if you encounter an investment opportunity that sounds too good to be true, it may well be a scam. With a bit of financial literacy and an understanding of the signs of investment fraud, you can safely steer clear of fraud and keep your...

Understanding the Truth in Lending Act and How It Impacts You

April 19, 2023 by First Federal Bank

If you’ve ever worked with a lender or creditor, you may not have known it at the time, but you were being protected by the Truth in Lending Act. The TILA is a federal law that’s been on the books for more than 50 years and is continually amended to ensure today’s consumers can safely compare loans and credit cards.

Topics: Financial Education

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