First Federal Bank Blog

Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.

When we think about investing, the focus is normally on saving money for retirement. Many consider it to be too risky once you have reached that milestone, and instead plan to hold on to their money and draw from their accounts as needed. Rob Berger of Forbes magazine explains why it is important, and beneficial, to continue investing after you...

You know from experience life can be challenging. As a parent, how do you help prepare you children for the ups and downs they will face? How can you give them the skills they will need to navigate challenges in their own lives? GoodtoKnow.com asked child development experts for tips on raising resilient kids. Here’s what they had to say:

If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more.

While people vacation year round, summer is by far the most popular time for most. The weather is warmer, your schedule is more open. But can you afford to take that trip? You can save for your next vacation with these tips from MSN.com:

We all want to be as healthy as we can. But when it comes to the foods we eat, there can be a lot of confusion. It seems every week there is some new diet fad claiming to be the best approach to healthy eating.

With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.

Through partnerships with local schools, First Federal Bank is dedicated to equipping students with the knowledge and skills necessary to make informed financial decisions. By accessing tools from Banzai, a premium online financial literacy program, First Federal and educators are teaching students better financial habits for free.

When preparing for a trip, you probably have a list of things to do: prepare any needed documentation, purchase supplies, pack, set an itinerary. But have you thought about your credit cards? According to The Motley Fool, failure to do so could cost you on your next trip. Be sure to follow these tips so you don’t run into any credit issues while...

Strong financial skills are learned. Which is why as parents, it is essential to begin teaching your children about money from an early age. It doesn’t have to be complicated, or boring. According to Engineering Your Finances, you can get creative and make learning about savings money fun with these tips: