The Pros and Cons of Business Debt Consolidation

March 31, 2023 by First Federal Bank

Managing your company’s debt can quickly become complicated. One way to simplify the process is to consolidate your business debt. However, like many other parts of entrepreneurship, this decision comes with a unique set of benefits and drawbacks. Here’s a look at some of the potential pros and cons to consider before you consolidate your business...

Topics: Small Business

Why Buying a Home Is a Sound Decision

March 31, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

How to Receive Your Tax Refund Faster

March 29, 2023 by First Federal Bank

Filing taxes is rarely a task people enjoy. However, chances are if you expect to get a refund, you'll want it fast. According to the Federal Deposit Insurance Corporation (FDIC), here are a few tips to ensure your money arrives as quickly and safely as possible:

Topics: Financial Education

Tips for Choosing the Right Vehicle for You

March 27, 2023 by First Federal Bank

Purchasing a vehicle is a big decision, and the process can be overwhelming. To ease your mind and help you get started, here are some tips on how to find the best vehicle for your needs:

Topics: Financial Education, Lifestyle

5 Things You Should Never Carry in Your Wallet

March 24, 2023 by First Federal Bank

Although you need to carry important items in your wallet for daily life, like a credit card and your ID, there are a few items better left at home. Now is the time to review the contents of your wallet and make sure the following things are concealed:

Topics: Financial Education

Mobile Banking Alerts You Should Activate

March 22, 2023 by First Federal Bank

Your mobile banking app can be one of the most useful tools at your disposal in your quest for full financial health. And while you might make use of your app by checking activity and moving money around, you may not be using its full potential. By activating certain mobile banking alerts, you’ll have greater insight into how your money is working...

Safety Deposit

March 22, 2023 by First Federal Bank

Topics: Financial Education

How to Prep Your Home Before a Long-Term Trip

March 20, 2023 by First Federal Bank

Embarking on an extended getaway can be exciting. It can be overwhelming, too, especially when you need to be away from your home and personal property for a long time. You want to make sure your home is secure before you leave so you can concentrate on new experiences. If you are headed out on a long-term trip, use these tips to prep your home...

Topics: Lifestyle, Homeowners

Understanding the Section 179 Deduction

March 17, 2023 by First Federal Bank

The Section 179 tax deduction is an important tool for small businesses. Instead of buying eligible business equipment and spreading out tax deductions for it over a period of years based on depreciation, business owners can use Section 179 to write off the full value of that purchase for the current year’s taxes. When used properly, this...

Topics: Small Business

The Benefits of Corporate Social Responsibility

March 15, 2023 by First Federal Bank

Corporate Social Responsibility (CSR) refers to the way companies integrate social, environmental, and economic concerns into their business operations and interactions with their stakeholders. A commitment to CSR can include: 

Topics: Financial Education

The content on this site is intended for informational purposes only and should not be considered accounting, legal, tax, or financial advice. First Federal Bank recommends that customers conduct their own research and consult with professional legal and financial advisors before making any financial decisions. Links to third-party websites may be provided for your convenience; however, First Federal Bank does not guarantee the reliability, accuracy, or safety of the information, products, or services offered on these external sites. We are not liable for any damages resulting from the use of these links, and we do not investigate, verify, or endorse the content or opinions expressed on any third-party sites.

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