First Federal Bank Blog

Financial experts generally agree it is best not to touch your 401(k) until you are in your retirement years. But there can be times when it is tempting to dip in to those savings to address financial issues you face in the present. The decision should be carefully considered, and it is critical you understand the ramifications. That said, there...

According to a study done by the Federal Reserve, the number of checks written by consumers, businesses, and government entities dropped by 7.2% a year from 2018 to 2021, to a total of 11.2B.

The holiday season is here, and you know what that means. It’s time to shop ‘til you drop! But if you’re not careful, you could spend more than you planned as the purchases add up. Especially if you are using a credit card. AOL.com offers these helpful tips to avoid some common traps:

Balance transfer credit cards can help you get out of high-interest debt quickly and efficiently. You may have received offers for these types of cards if you are carrying debt currently. But do you have the information you need to make the best financial decision? AOL lists these balance transfer mistakes to avoid:

When it comes to personal bank accounts, you probably think of basic checking and savings options. But there are different kinds of accounts you should consider at certain points in your life. Yahoo! Finance banking experts share their favorite accounts for various goals you may have along the way:

You probably know how important it is to have a good credit score. But what qualifies as, “Good?” How do you make sure you get – and keep – yours in the best possible range? AOL.com breaks it all down:

One thing financial experts agree on is it is essential parents begin talking about finances with children from a very young age. And it should not be a one-time conversation. As they grow, you can tackle more complex topics and help build on their knowledge. But what about once they have become adults?

Before you know it, the holidays will be here. Time for parties, good food, and all the gifts! If you become stressed thinking about how you will manage the financial aspect of the season of giving, CNET offers these six tips from the experts:

Many of us spend years planning for our retirement. And chances are while making the look ahead, you don’t factor other major life changes like marriage and divorce into the equation. But the fact is the rate of divorce after 50 has doubled since 1990. So while you may not plan for it, you should understand how such a life change can impact your ...

Have you ever wished you could put more money in savings? The goal can often feel daunting. But MarketWatch helps make it easy with information on how to make setting funds aside automatic: