5 Worst Mistakes You Can Make Banking Online

October 26, 2022 by First Federal Bank

Online banking can take the hassle out of managing your money — but common mistakes can jeopardize your savings and endanger your accounts. Here are some tips to help you stay safe when managing your money through the web:

Topics: Personal Banking, Financial Education

Ways to Impress Your First Federal Bank Mortgage Lender

October 21, 2022 by First Federal Bank

If you’re in the market for a mortgage, impressing your lender will help you get a better interest rate and save money in the long run. Since just a few percentage points can translate to thousands in savings throughout the life of your loan, consider these strategies to help you put your best foot forward when applying for a mortgage:

Topics: Financial Education, Mortgages / Home Equity

How to Fund Your Teen's First Car

October 19, 2022 by First Federal Bank

Your teen has probably been dreaming about driving as long as you’ve been dreading it. However, the time has come, and your teen has earned their license. Now they want to secure their own wheels so they can fully embrace the freedom of the open road. Here are a few tips on how you can fund your teen’s first car:

Topics: Financial Education, Family

When To Use Your Business Credit Card

October 14, 2022 by David Whitaker

You’re holding the bill as you reach for the business credit card in your wallet. Do you charge the expense to your company’s line of credit or use your personal card? This can be a tricky judgment to make — especially if you’re an entrepreneur or business owner. To help you decide, here is some advice on when you should and shouldn’t use your...

Topics: Small Business, Financial Education

How Those Over 50 Can Play "Retirement Catch-Up"

October 12, 2022 by First Federal Bank

If retirement is looming, but you have not built the nest egg you want or need for worry-free golden years, there is no need to fret. There are strategies and tactics you can employ to catch up on your retirement savings goals when you are over the age of 50. Here is a closer look at a few methods that can help make a difference for your bottom...

Topics: Retirement, Financial Education

How a Job Loss Affects Your Loans

October 07, 2022 by First Federal Bank

It’s no secret unemployment can have serious consequences for your financial health. If you’re in the process of obtaining a loan or you’re already making payments on one, what should you do if you lose your job? Here are some answers to help you feel more informed in the midst of a difficult situation:

Topics: Financial Education

Ideas for Teaching Tax Basics to Your Children

October 05, 2022 by First Federal Bank

Taxes are an essential part of finances. As you are teaching your children lessons on how to save, spend, and invest, it’s also important to include instruction on the least favorite, yet nonnegotiable part of money management — taxes. Here are a few ideas on how to teach your kids how the system works:

Topics: Financial Education, Family

How to Effectively Build Credit with a Credit Card

September 21, 2022 by First Federal Bank

Building your credit is important if you want to secure an advantageous loan for a home, car, or other big-ticket item. If your credit score is lower than it should be to help you get the financial gains you want, there are several ways to bump it up. The following methods will help you increase your credit score when using a credit card:

Topics: Personal Banking, Financial Education

Is Using an App Safer Than Using a Browser for Banking Digitally?

September 14, 2022 by First Federal Bank

Online and mobile banking makes moving money, paying bills, and managing your financial well-being easier and more convenient. It’s certainly not without its risks, however, especially when it comes to identity theft and fraud. Is there a safer way to access your information between your financial institution’s website or mobile app? That largely...

Topics: Personal Banking, Financial Education

Investing as a Couple: Joint or Separate?

September 07, 2022 by First Federal Bank

When you join hearts, you may consider joining your finances, too. But what is the best way to invest as a couple — jointly, separately, or a mix of both? Deciding what option is right for you takes a lot of consideration. Here is a guide to help you and your partner navigate this monumental decision.

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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