First Federal Bank Blog

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...

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...

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.

Financial fraud is an unfortunate part of life in the modern age, but there are ways to combat it even if someone manages to purchase something with your checking or credit account. If you notice suspicious or unauthorized transactions on your account, what should you do?

First Federal Bank is excited to offer SecureAlerts from NotifiSM which offers real-time alerts about your finances, enabling you to take quick, appropriate action. You can choose which information to receive on demand. It adds a new level of security to banking with First Federal.

Tax prep time can fray your nerves, especially when you’re trying to figure out the nuances of the tax code, gather your information and receipts, do accurate calculations, and determine how to handle your deductions. Should you itemize or not?

If you and your spouse are nearing retirement age, it’s important to consider the timing. Should you both retire at the same time, or would it be better to stagger your retirements for financial reasons? If you’re not sure what the best approach would be, here are some points to discuss with your partner so you can make an informed retirement...

Digital banking can be confusing if you remember a time when the internet didn’t exist. Now, all your finances occur in the digital realm, and many of the terminologies used may sound similar. We want to help clear up that confusion by explaining what an electronic check is and how it works.

Knowing how to endorse a check is one of the foundational financial skills you need to have. This simple process ensures money goes where it needs to and helps protect you against fraud.

It’s easy to fall in love with the grandeur of a home or the amenities and hip location of an apartment or condominium. So easy, in fact, it may blind you to its cost — a cost that may exceed your budget. Before you start searching for a home and falling in love with a dwelling, you should figure out how much you can afford to spend on a space.