Social Media Credit Card Scams

March 04, 2022 by First Federal Bank

Social media can be a force of good, connecting people across the globe. It can also be a source of evil, with unscrupulous people and companies trying to get your money, data, and personal information. Social media scams are prevalent in the virtual world; here is a closer look at how they could trick you and how to stay safe:

Topics: Financial Education

Managing Your Child’s Credit

February 28, 2022 by First Federal Bank

You may not think you need to be concerned about your young child’s credit now, but identity thieves do not discriminate. They can target minors and wreak havoc on their credit before parents are even aware. So, it is important to work to protect your child’s credit history, before they need it.

Topics: Financial Education, Family

College Alternatives

February 23, 2022 by First Federal Bank

While college can be an excellent prospect for many students, it’s far from the only path to success. Whether you’re looking to save money, fit classes into your busy schedule, or simply pursue a different type of career, these college alternatives could be the perfect opportunity for your lifestyle. Here’s an overview of what these four...

Topics: Financial Education, Family

Finding the Right Renters Insurance

February 18, 2022 by First Federal Bank

If you are paying rent — whether it is in an apartment, condominium, or home — it is vital you have renters insurance. These policies often provide liability insurance and can protect your personal property in the event of certain tragedies like fire, theft, or flooding. Here are some tips on finding the right renters insurance for your needs:

Topics: Financial Education

Checks and Balances: Balancing Your Checkbook

February 16, 2022 by First Federal Bank

Balancing a checkbook has been shorthand for financial responsibility for generations. While it’s always been presented as a laborious, unenviable task, keeping your money in order is fairly simple as long as you stick to a routine. Since so much of our world is now paperless and digital, balancing your checkbook is easier than ever.

Topics: Personal Banking, Financial Education

Taxes and Your Blog

February 07, 2022 by First Federal Bank

Blogging is a profession that allows for a lot of flexibility and is appealing to those who wish to make their own hours or work from home. One thing some people are still in the dark about is filing yearly taxes. As a self-employed individual, there are certain things you should know about when it comes to taxes and your blog:

Topics: Financial Education

Is Now the Best Time To Apply for a HELOC?

February 02, 2022 by First Federal Bank

With historically low mortgage rates and soaring real estate prices, today’s home owners have unprecedented amounts of available equity in their homes. Now could be an excellent time to apply for a Home Equity Line of Credit (HELOC) from First Federal Bank.

Topics: Financial Education, Homeowners

What is the Gift Tax?

January 26, 2022 by First Federal Bank

Giving a gift that fulfills some want or need is a great way to show someone you care about them. What if that gift is a high-value item like a car for your teen driver or a cash gift for a friend who’s fallen on hard times? You could wind up stuck paying a gift tax.

Topics: Financial Education

Keeping Your Payment Information Locked Down Online

January 19, 2022 by First Federal Bank

These days, more and more people are doing the bulk of their shopping online. This can put your payment information at risk, but knowing how to shop smart can help keep you protected every time you pull the trigger on a purchase.

Topics: Financial Education

What Happens After You Pay Off a Loan?

January 05, 2022 by First Federal Bank

Paying off a loan comes with a sense of relief and satisfaction. But what happens after you pass this milestone? You’ll have a few loose ends to wrap up — and some big advantages to pursue. Here are a few points to keep in mind once you’ve made that final payment:

Topics: Personal Banking, 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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