Owning Vs Renting: Why High Rents Are Worse Than A Mortgage Over The Long Term

January 13, 2023 by First Federal Bank

Topics: Mortgages / Home Equity

Shady Loan Scams & How to Identify Them

January 11, 2023 by First Federal Bank

If you’re strapped for cash, it may be tempting to borrow money from any lender that seems to be peddling a good deal. Whether they’re promising great rates, no credit checks, or practically free money, it’s important to remember that some offers are too good to be true. Here are a few common signs that you may be dealing with an unscrupulous...

Supplements That Can Help Promote Relaxation

January 09, 2023 by First Federal Bank

Stress may be an ever-present element of modern life, but managing it is vital for your wellbeing. When stress goes uncontrolled, it can lower your overall quality of life and even damage your mental and physical health. If stress is something you struggle with, taking certain supplements can be a good way to promote relaxation and help you deal...

Topics: Lifestyle

3 Ways to Simplify Your Investments

January 06, 2023 by First Federal Bank

Keeping all your investments in order doesn’t need to be overwhelming. Even if you’re balancing a diverse investment portfolio, there are ways to make the process a simpler task. Here are a few ways to streamline your investments and reach your financial goals without constant worry and oversight. “Your financial life should be simple enough that...

Topics: Retirement, Financial Education

Cozy Books to Curl Up With on a Dreary Winter Day

January 02, 2023 by First Federal Bank

Nothing beats a good book on a dreary winter day. But if your reading list is running short on options, consider these novels to make the most of your snowy or rainy day. Grab your favorite hot beverage, slip on a snuggly sweater, and prepare to warm up to these cozy stories:

Topics: Lifestyle

Useful Apps for Managing Your Expenses

December 30, 2022 by First Federal Bank

No matter where you are in life, managing your money can be a hassle. Luckily, there are plenty of helpful apps available for iOS and Android devices, designed to help you get your expenses under control. Here’s a look at how these tech tools make it easier to get more from your budget:

Topics: Financial Education

4 Advantages of Online Banking

December 28, 2022 by First Federal Bank

The internet and mobile devices have revolutionized how the world works — including banking. In the past, you had to visit a physical building in person to perform withdraws and deposits to your financial accounts. Now, you don’t even have to leave your living room to manage your checking and savings accounts. That change can be scary for many...

Topics: Personal Banking, Financial Education

Travel and Adventure Podcasts to Satisfy Your Wanderlust

December 26, 2022 by First Federal Bank

Travel can be daunting and time consuming — not to mention expensive. Whether you’re getting pumped up for your next vacation or looking to live vicariously through exciting stories, these travel podcasts are sure to awaken your adventurous spirit.

Topics: Lifestyle

What Is an Open-End Loan?

December 23, 2022 by First Federal Bank

In most cases, when you apply for a loan, there’s a set end date. This allows the lender to determine things like interest rate and monthly payment and helps you determine your pay-off amount. But there is such a thing as an open-end loan, which gives you more flexibility if you might need to continue borrowing in the future. If you can obtain one...

Topics: Personal Banking, Small Business, Financial Education

Signs of a Stock Market Bubble

December 21, 2022 by First Federal Bank

Even if you’re new to trading or leave most of the lifting to your brokerage, you’ve probably heard the term bubble. Stock market bubbles can cause a fair amount of chaos, so being able to recognize the signs of a bubble can help you tread accordingly.

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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