First Federal Bank Blog

A friend or family member asking for a loan can be an uncomfortable situation. On the one hand, saying no to a trusted loved one who has asked for help is difficult. On the other, saying yes could result in a number potential issues, including the very real possibility that your money will never be paid back. It can be difficult knowing how to...

Having a professional tax advisor in your corner can help you cut through the dense thicket of paperwork, letting you focus more of your attention and energies where needed.

A business valuation appraises the monetary value of your company. While a business valuation is an essential part of selling a company, it can be useful even if you aren’t looking to sell your small business. An accurate, up-to-date business valuation can enable you to quickly respond to an unexpected opportunity or setback. For instance, if you...

Honored. Dedicated. Proud.

Wish you could use your attic space for something other than storage? Here are eight alternative uses for this area of your home:Master bedroomTry transforming an attic into a master suite, especially if the original master room your house has is a bit cramped. Think of a room with a natural color scheme and exposed beams. Muted green wallpaper,...

The investment landscape can be volatile and difficult to understand. But investing is a phenomenal way to add to your financial portfolio. The one thing it isn’t, though, is sentimental. That’s why factoring emotions into the way you manage your investments puts you at a high risk for making poor decisions and racking up losses.Disregard personal...

Honored. Dedicated. Proud.

Money management is a complicated subject even adults can experience trouble mastering. So, it’s understandable if the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate of deposit to teach your kids the fundamentals of saving money.Set up an accountA drive-thru or online field...

What Should You Do with the Money You Receive from the CARES Act?

Knowing your credit score is the first step to securing a loan for a new car, starting your own business, or taking out a mortgage. With everything available online these days, checking your credit score is easier and more convenient than ever — as long as you know where to look.Credit report vs. credit scoreOne of the best ways to stay up to date...